1) Market trend:
The market has seen a strong rebound, and liquidity has improved. U.S. stocks fell after rising. The Federal Reserve announced a sharp interest rate cut of 50 basis points, and the market expects two more 25 basis point interest rate cuts this year.
2) Market hot spots:
1. Public chain projects such as SUI, FTM, Saga, and SEI have performed outstandingly. BLUB in the SUI ecosystem has risen sharply, with a market value of 30 million. BLUB is a meme token in the SUI ecosystem, similar to Pepe, and has risen by 100 times this month.
2. BN's new coin NEIRO has risen, and the market maker has a stable control, with a greater increase than the decline.
3. POW's KDA has risen, and new related contracts have been opened on BN.
4. The on-chain meme token MOODENG has risen sharply. MOODENG is Thailand's "Hippo Baby", which has risen by 100 times in a week and has a market value of 30 million. Small-cap meme tokens on BN are activating the on-chain market.