May 20, 2024 [Crypto Navigator Chinese Community]
1) Market trend:
Bitcoin fell, altcoins generally fell, and the market lacked highlights.
U.S. stocks fluctuated, and the focus this week was Nvidia's earnings announcement.
2) Market hot spots:
1. The public chain Fantom (FTM) rose, and plans to upgrade Sonic in the third quarter and replace FTM with a new token S.
2. Solana's Pyth plummeted, and will unlock tokens worth $800 million in the near future.
3. Binance's new coins Notcoin, BB, Rez, etc. continue to break. In the past six months, 80% of Binance's new coins have fallen, with an average decline of more than 20%, and BNB's new yield has continued to hit new lows.
4. L2 project zkSync is expected to airdrop at the end of June.
