1) Market performance:
The market as a whole is showing a volatile trend, spot ETFs are attracting capital inflows again, and contract funding rates are rising again. At the same time, U.S. stocks continued to fall and the U.S. dollar index rebounded.
2) Hot topics:
Prices of TRU, RSR, OM, LTO and other projects in the RWA field have increased. Funds began to flow from the RWA field to third- and fourth-tier projects, and BN added a new RWA segment.
The prices of T, PDA, BNX and other currencies of the BN rename project increased. The market began to speculate on the renamed old coins, and the market gradually entered a boring stage.
The prices of RVN, LTC and other currencies in the POW field have risen, and miners have begun to speculate on other POW mining coins after the Bitcoin halving.
WIF, WEN, MEW and other currencies in the MEME field have surged. The market began to speculate on the MEME coins on the Solana chain, among which Cat’s MEME increased more significantly.