GM20240530 Market Trends

Market trend:

Bitcoin (BTC) fell and altcoins fell broadly. Fully circulated meme coins on public chains such as Bitcoin, TON, and BASE have begun to increase their market share. U.S. stocks fluctuated and U.S. bond yields rose.

Market hot spots:

Small coins surged: AUCTION and CTK surged and were listed on Korean exchanges. The market value of the coins listed on the Korean exchange is relatively low, and the pulling effect is significant. AI track: AI projects such as ARKM, WLD, and PHB have surged. Nvidia is expected to surpass Apple and become the company with the largest market value. TON public chain: TON’s meme currency NOT has risen sharply, and the market maker DWF has been fierce in pulling orders. NOT is a fully circulated meme coin. BTC Ecology: DOG, RUNECoin, PUPS, WZRD and other currencies have surged. DOG and RUNECoin are inscription coins, and PUPS and WZRD are also inscription coins, both of which are fully circulated. Rune Dragon Head DOG has a market value of US$700 million, which is about to exceed the US$800 million market value of Inscription Dragon Head ORDI. BASE chain: BRETT surges, hitting new highs. BRETT is a fully circulated meme currency similar to PEPE, with a market value of US$900 million.