📊 Market Trends:
The market is undergoing weak oscillations, with altcoins generally declining.
U.S. stocks are falling. The U.S. CPI for September exceeded expectations, rebounding for three consecutive months. Stubborn inflation reinforces tightening expectations.
🔥 Market Highlights:
- The game Bigtime has surged, leading to a rise in game farming guild tokens like YGG and MC. However, Binance has only listed its contract, limiting future growth potential.
- Within the COSMOS ecosystem, Kujira is on the rise. Kujira is a stablecoin public chain similar to LUNA, and its total value locked (TVL) recently reached a new high. The team has been consistently hard at work, but unfortunately, they lack funding.
- DeFi's FXS is rebounding. A new real-world asset (RWA) product based on U.S. government bonds, named SFRAX, has been introduced with an APR of 10%.
- The NFT token BLUR is rebounding. There's a proposal to empower the token by using 1% of transaction fees for repurchasing and burning.