Market focus:

1. **Launchpool project Usual on BN**: Usual is a stablecoin project based on real world assets (RWA), and its underlying assets are short-term U.S. Treasury bonds. However, users need to pledge for a long time to obtain returns, and its innovation is slightly inferior to the algorithmic stablecoin ENA. The founder of the project is French, and the main investor is IOSG.

2. **AI and Meme coin market**: AI-related Meme coins such as ACT and GOAT have risen, and animal-themed Meme coins such as MOODENG and CAT are also rising. Funds rotate in the Meme sector. Whenever they rotate to BOME and make up for the rise, the market usually faces adjustments. The trend of BOME is regarded as a warning signal for the end of the market.

3. **On-chain dog sentiment is high**: The on-chain dog project may have reached a stage peak. Value coins such as LTC, IOTX, and IO have transformed and entered the Meme field, and even institutions such as Animoca have begun to get involved in the issuance of Meme coins.