GM20241018
1) Market trend:
BTC fluctuated, altcoins fell across the board,
US stocks rose and fell, Nvidia hit a new high. US economic data is healthy.
2) Market hot spots:
1. Old coins such as DOGE and LTC rebounded. DOGE benefited from Musk's call for D.O.G.E (Department of Government Efficiency), and Trump, who was supported by Musk, had a higher chance of winning the election.
2. Ray of the sol ecosystem rose. Ray is a dex that benefits from the sol chain meme, with a market value of 1.2 billion US dollars and an annualized revenue of 600 million US dollars, ranking in the top ten among all applications.
3. On-chain native dogs remilia, daram, and sigma rose sharply. Remilia is a community similar to the milady cult that Murad called, daram is a meme of fair mint (similar to inscription) on the eth chain, and sigma is a meme of masculinity. Goat, which was very popular in the early stage, seems to have peaked, and a market value of 300 million US dollars is still the ceiling for most native dogs that are not listed.
