Today's Market
1) Market Trends
BTC is fluctuating at a high level, while altcoins are generally falling. BTC's dominance continues to rise.
US stocks are up. The Russia-Ukraine war escalates, with Russia allowing the use of nuclear weapons.
2) Market Highlights:
1. Stablecoins are valued at $1.2 billion, and VC coins are underperforming expectations, while ENA in the same sector has a market cap of $8 billion.
2. Gaming platform OK is surging, with a market cap of $500 million. Open Loot is a gaming platform that currently supports multiple games, including Big Time, and has accumulated a trading volume of $500 million since 2024.
3. Older coins like CRV and CVX are catching up. The exchange market lacks hot spots, and funds are rotating through everything.
4. General decline on the chain, with funds rotating to the worst-performing BSC chain. AI's Eliza is surging, while AI16Z is plummeting as its founder starts anew. DeSci is crashing, and Bio is set to launch three new coins. BSC chain's Cheems and Why are experiencing a rebound.