Recently, Bitcoin prices have been continuously rising, but altcoins have not shown significant gains. Meanwhile, markets such as A-shares, Hong Kong stocks, gold, and silver are also on the rise, especially gold which keeps breaking new highs. However, U.S. stocks have begun to consolidate at high levels. These phenomena have sparked discussions about currency settlement systems, especially with Russia proposing to establish a BRICS settlement system to reduce dependence on the U.S. dollar. If this proposal reaches a consensus, it could lead to a massive sell-off of dollar assets, potentially triggering a black swan event that could significantly impact the dollar, U.S. stocks, U.S. bonds, and banks.
Against this backdrop, BabyMarvin, as a meme coin that combines Elon Musk's personal sentiments with community power, is rapidly rising and becoming a new investment focus. Its contract address is F9C7.