20240619【Crypto Navigator】

Market trend:

BTC fell, and Korean retail investors were worried about the new regulations in July and sold altcoins in panic. The ETH/BTC exchange rate strengthened, and the main line of the market revolved around the ETH system. The US stock market hit a new high for 7 consecutive days, and the US dollar index rebounded.

Market hot spots:

1. ETH-related currencies rose: ENS, LDO, RPL, PENDLE, CVX, MOG, PEPE, etc. are mainly old coins of pledge type, and the chip structure is fully circulated. ENS is favored by V God. ETH ETF is expected to pass in early July and become the main line of the market in the next month.

2. Bankruptcy rebound: FTT and USTC rebounded. FTX victims sought to return $8 billion in assets directly to customers instead of incorporating them into bankruptcy assets and processing them in order. FTT token holders were ranked last in bankruptcy compensation.

3. RWA rose: ONDO rose and cooperated with Drift of SOL chain.

4. Game currency UDS rose sharply: UDS tripled. Undeads Games is a doomsday survival metaverse MMORPG on the ETH chain. The main gameplay is to drive a car and shoot zombies with a gun. The American team comes from PayPal and Animoca, and the total market value is 200 million US dollars.