Today's Market Hotspot Focus
Interest Rate Cut Decision Approaches
On the 18th of this week, the decision on the interest rate cut will be announced, and the market predicts a 95% probability of a 25 basis point cut. If the cut is realized, it will be a positive signal for the market, and the cryptocurrency market may seize the opportunity for a rally.
On-chain Transactions Active, DEX Outperforms CEX
Last weekend, the CEX market performed moderately, but on-chain transactions were noticeably active, especially the DEX project HYPE, which continued to rise. With the adjustment of market structure, the market share of DEX and CEX is expected to balance out, with CEX's dominant position gradually weakening.
Strong Development of HYPE Ecosystem
The HYPE ecosystem continues to perform impressively, with the official mascot Purr and platform token HFUN also rising. However, as the FDV (Fully Diluted Valuation) increases, project risks are also growing, and it is recommended to wait for a pullback before considering attention, especially for HYPE itself.
FARM: Also part of the HYPE ecosystem, it performed particularly well over the weekend, with market capitalization briefly exceeding $40 million. However, its Ponzi-like nature is strong, so caution is advised regarding risks.
New AI Track Coin VANA Launches
VANA will go live tonight at 6 PM as a popular project in the AI track, worth paying attention to. Its total supply is 120 million coins, with a current circulation ratio of 28.5%, and special attention should be paid to its FDV valuation.
Other Hot Coins
MOCA: Launched by a Korean team, it belongs to the gaming track and has recently gained popularity.
COW: The Trump team purchased tokens through COW, pushing its price above the $1 mark.