[Navigator Chinese Community News] May 8

The value of Bitcoin fell, altcoins were generally frustrated, and the US stock market was volatile. At the same time, Federal Reserve officials expressed tough stances and released hawkish signals.

Ern, a digital collection trading platform, rose against the trend and launched L2 technology equipped with artificial intelligence. However, the new currency Mode suffered a halving as soon as it went online. This product is a modular DeFi L2 product based on OP, which stands out among many competing products.

The value of algorithmic stablecoin ENA has risen, and the exchange Bybit has introduced USDE as a new trading pair and collateral asset, injecting new vitality into the market.

The price of the monster stock TRB has soared, and the market makers have entered the market and continued to reap profits. In the case of market turmoil, the trading of such stocks is extremely active.

Jupiter's next wave of star projects Sanctum is about to issue coins. Sanc is a rising star in Sol liquidity pledge, and its market share is close to the leading JTO. A snapshot will be taken on May 10, and users who deposit Sol in advance will have the opportunity to obtain airdrop points.

The revenue of the Sol-based meme coin launch platform Pump exceeds Uniswap, with an annualized revenue of up to US$150 million. Pump provides a one-stop meme coin publishing service and charges a 1% service fee.

The above is today's market dynamics, concise and to the point. #BTC #ETH