Overview and in-depth analysis of the crypto market on September 24

Overview of the market trend:

Bitcoin is currently maintaining its downward trajectory and has failed to regain its momentum. Breaking through the high point set in the previous period seems out of reach. At the same time, the altcoin market has shown vigorous vitality, among which MEME coin is particularly prominent and has become the focus of market attention. The gas fee on the Ethereum (ETH) blockchain has risen sharply. This phenomenon has spawned many emerging projects with great potential, and the legendary story of thousands of times returns has been staged. In addition, amid the continued volatility of the US stock market, the technology sector has risen against the trend, bringing a touch of external positive impact to the cryptocurrency market.

In-depth tracking of market hot spots:

MEME coin new star $NEIRO shines on the stage: NEIRO, as a leader in the market, has achieved remarkable price increases and led the market trend with its unique charm, strong support from Binance (BN), and solid community support.

AI sector is flourishing: Influenced by the positive statement of presidential candidate Harris on the development of AI technology, AI-related projects such as TAO, ARKM, AR, NEAR, and AIT have all ushered in a rising tide, showing strong growth momentum and broad development prospects.

TIA modular project staged a short squeeze drama: TIA Foundation spent $100 million and successfully attracted widespread attention from the market through half-price OTC transactions. Faced with the upcoming large-scale token unlocking, TIA took strategies in advance and pulled the market strongly. The short-selling rate even reached an astonishing -160%, which fully reflected the market's extremely optimistic expectations for TIA.

The dark horse TERMINUS on the chain quickly became popular: TERMINUS, a MEME coin closely linked to Musk's Mars City concept, achieved an astonishing 2,000-fold increase in just one week, becoming the focus of market discussion. Behind its success, there is not only the strong support of the big boss Li Ping, but also the widespread dissemination of the ground-based community. In the context of overall market instability, TERMINUS can still attract a large influx of speculative funds and become an important gathering place for on-chain liquidity.

Polymarket, the leader in the prediction market, announces an airdrop event: As a leader in the prediction market, Polymarket announced that it will launch an airdrop event to inject new vitality into the market.