GM20241121
1）Market Trends
BTC surges close to 100,000, OK contract long-to-short ratio at 0.5. BTC dominance reached a new high of 61%, altcoins plummeted, and meme coins led the decline.
U.S. stocks mixed, MicroStrategy plans to issue bonds to purchase 2.6 billion USD in BTC, similar to the Luna circular loan model, MicroStrategy's U.S. stock trading volume approaches Nvidia.
2）Market Highlights:
1. Meme coin Floki rises, will be listed on Coinbase.
2. Previously strong meme coins like Pnut, Act, RIF, etc., have all plummeted by half. The meme market is likely to take a break for a month.
3. On-chain dog coin Chillguy surges dozens of times, reaching a market cap of 400 million USD in just a few days. Chillguy is a character created by an artist in 2023, representing a laid-back lifestyle, and is highly popular on TikTok.
