GM20240701 Market Report

I. Market Trends

The overall market showed a rebound trend, and altcoins generally rose. The US stock market performed poorly and fell. The US industrial inflation data in May showed a cooling, but the market was worried about the policy changes that Trump might bring if he was elected (such as tariffs, immigration restrictions, etc.), which might further boost inflation.

II. Market Hotspot Analysis

BN new coins performed strongly, and the prices of currencies ZRO, BB, and LISTA rose sharply. Market rumors that CZ will release related currencies in advance next month have attracted market attention. ETH tokens fluctuated, and the prices of ETH tokens such as ENs and SSV rose. The US SEC filed a lawsuit against Metamask and pointed out that ETH pledge projects such as LDO and RPL belong to the category of securities. This news had a certain impact on market sentiment. WLD fell in the AI ​​field. WLD began to unlock large amounts since July, with a daily unlocking volume of 2,000 WU. The continuous unlocking pressure caused the price of WLD to fall. Catizen, a domestic placement elimination game, announced an airdrop plan. Catizen, a domestic placement elimination game, announced that it will airdrop 42% of its tokens in July. The game has 23 million users, with a payment rate of up to 50%, and revenue of 12 million Wu in the past three months. The game company plans to create a new game platform through WeChat mini-game chain reform, which may have a certain impact on the market.