Market trend:

The market rebounded sharply, liquidity improved significantly, and the US stock market experienced a high and then fell. The Federal Reserve cut interest rates by 50 basis points, and the market expects two 25 basis point cuts this year.

Market hot spots:

1. Public chain surge: SUI, FTM, SAGA, and SEI led the public chain sector. Among them, the market value of SUI ecosystem's MEME coin Blub reached 30 million US dollars, and it has achieved a hundredfold increase this month, with similar performance to PEPE.

2. BN new coin NERIO rose strongly: the market maker strongly controlled the market, NERIO rose significantly, but the decline was limited, becoming the focus of the market.

3. KDA rose: KDA, as a representative of POW, rose significantly after BN opened a new contract.

4. On-chain meme Moodeng broke out: Thai hippo baby Moodeng rose amazingly in a week, reaching a hundredfold increase, and its market value also reached 30 million US dollars. BN's small-cap MEME coin activated the on-chain "local dog" market, attracting the attention of funds. $KDA $NEIRO $FTM