1. Market Overview
Market: The market rebounded following the US stock market, especially on the ETH chain, as the popularity of small-cap Meme coins led to a surge in gas fees, and the Golden Dog Coins began to become active.
US stocks: US stocks rose sharply, the Dow Jones and S&P 500 both hit record highs, and market sentiment was quite optimistic.
2. Hot sectors
SOL ecosystem sector: FIDA performed well because the BN platform opened a new FIDA contract, and Solana held a conference in Singapore today and launched the second-generation Web3 mobile phone. This wave of operations put the Solana ecosystem on the cusp of the storm.
Meme coin sector: Meme coins continued to make things happen, and MEW, BURGER and TURBO coins rose sharply. MEW coin was successfully listed on the Upbit exchange in South Korea, and BURGER coin was pushed to the hot search because of the news that Trump used BTC to buy hamburgers, and market sentiment was ignited.
Modular public chain sector: SAGA, DYM, ALT and TIA and other projects are experiencing an uptick. SAGA is a modular game public chain based on Cosmos. It has recently launched new games and has also held a number of airdrop activities, attracting a large number of users. TIA will have a big unlock next month, and the pull-up operation before the unlocking has generated a lot of liquidity.
Bot sector: BANANA, a dog trading robot, has seen a drop in market confidence and a drop in price because some users’ wallets were stolen.
TON ecosystem sector: Cati officially landed on BN today. This coin is the token of Catizen, a cat-raising game on the TON chain. The project plans to introduce WeChat mini-games as platform support. The current over-the-counter price of Cati coin is 0.7 U, corresponding to a market value of approximately US$700 million.
III. Potential opportunities
-SOL Conference and Web3 Mobile Phone: Solana’s conference in Singapore not only attracted attention from the Web3 circle and beyond, but also launched the second-generation Web3 mobile phone.
-Meme coins and hot events: Meme coins like BURGER are particularly affected by external topics.
-Modular public chain SAGA and airdrop effect: SAGA is a modular game public chain based on Cosmos, and new games have been launched and airdrop activities have been launched recently.
-Crypto payment enters the field of government services: Louisiana allows residents to pay for state government services with cryptocurrencies, which indicates that cryptocurrencies are gradually integrating into the mainstream payment system. Bitcoin and USDC have played an important role in this process, and we may see more regions follow suit in the future.
