GM20241104
1)Market Trend:
btc plummeted, altcoins crashed, btc dominance continues to rise. Trump’s trade reversal.
US stocks rebounded, but investment guru Buffett significantly reduced his holdings.
2)Market Hotspots:
1. Fan tokens juv, lazio, etc. rose. Historically, fan token increases often indicate a market downturn.
2. The depin's grass surged 3 times; grass is an AI depin doing bandwidth, with a market cap of $1.8 billion surpassing io's $1.2 billion.
3. On-chain dog token pnut experienced significant ups and downs. Pnut is a pet squirrel euthanized in New York State, and Musk's pinned retweet turned it into a political meme. However, previous similar meme slogans with puns like troll, fight, terminus, etc., often stopped at a market cap ceiling of $100 million.
4. Tokens in the ton ecosystem like cati, dogs, etc. are leading the decline. Since the bn on ton ecosystem, the average unilateral decline has been 70%.