Market dynamics on September 30: BTC fluctuates, new public chain SUI leads the rise, and ecological CETUS, BLUB simultaneously increase
Market Update
1. BTC remains volatile, while altcoins are broadly up. The on-chain "zoo" meme coin trend has come to an end.
2. U.S. stocks are volatile, while Chinese A-shares surged.
Market Highlights
1. Bankruptcy tokens like FTT, USTC, LUNC, and LUNA are rising. FTX users are expected to receive $16 billion in Q4, with about $2 billion potentially entering the market.
2. The new blockchain SUI is on the rise, with its ecosystem tokens CETUS and BLUB following. SUI is leading this round of the rebound, hyped as the "SOL killer." SUI will unlock $100 million in tokens this week.
3. Oversold VC tokens SEI and SAGA are rebounding, primarily within the COSMOS ecosystem.
4. The meme token market indicator MOODENG has peaked and is now declining, reaching a $300 million market cap that included large exchange listing expectations. MEME token BEL is surging, with Bn supporting joint mining.
5. EIGENLAYER, a re-staking project, begins trading this week with an off-exchange market cap of $4 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cryptocurrency transactions surge in the Spanish real estate market
Analyst: Ethereum is building a solid support position around $3000
Top 5 gainer today: MOODENGETH 24-hour increase of 138.54%
Overview of Important Midday Developments on November 18