Cryptocurrency Market Analysis
1) Market Overview
BTC is down, altcoins are generally declining. After the chaotic surge of meme coins on-chain, adjustments have begun.
U.S. stocks are rising, with tech and AI leading the way.
2) Market Highlights:
1. The launch platform Launchcoin has surged dramatically, reaching a market cap of $300 million. The strong player (PVE) remains consistent, while the weaker player (PVP) fluctuates. Many of the meme coins launched above are rapid turnover coins, becoming cannon fodder for platform coins. The logic is similar to Virtual and many of the smaller coins above.
2. The blockchain game NXPC is launching its token today, with a pre-market valuation of $700 million and high market enthusiasm. It is an official chain modification of the MapleStory game, featuring different professions battling monsters, and has a large IP with 200 million fans. The total supply is 1 billion tokens, with the official investment of $100 million having no VC, making short-term circulation low and easy to control.
3. Meme leader Moodeng and others have plummeted; leaders often serve as market barometers, indicating that smart money is exiting.
$DOGE $TRUMP