GM20241022

1）Market Trend：

btc adjustment, altcoins generally down. Every time eth rises, it feels like the end of the world.

US stock market mixed, Nvidia hits a new high,

2）Market Highlights：

1. The ape of nft has risen, but the meme sustainability of the ape chain is not strong.

2. The ai meme's goat, fartcoin, slop, gnon, etc. have rebounded strongly, with goat being the leader. This new narrative of ai meme is better than ordi, mainly because it is recognized by both the East and the West. In the long run, cryptocurrency is more suitable as currency prepared for silicon-based life ai, rather than for carbon-based life humans.

3. The meme cat has surged. The Smith cat is a floki airdrop project on the bsc chain, with a new contract on bn. Recently, bn has launched many old-school meme projects on the bsc chain.

4. The l2 scroll airdrop, with only 5.5% community ratio in the first round, has basically been countered.