(Big Pancake Observation Room)
1) Market trend:
Market turbulence. BTC dominance rate fell on a weekly basis. EthBTC exchange rate rebounded on a weekly basis, and the altcoin season began.
U.S. stocks fluctuated.
2) Market hot spots:
1. BTC L2's CKB and Voya are rising. Merlin Chain's TVL exceeds Sol Chain, and its official meme coin Voya continues to pull up the price. New chains like to pull up the price of meme, similar to Base Chain's Bald and ARB's Aidog. If you are optimistic about a public chain, the above Dex and Meme are the most worth investing.
2. ETH L2's Coti, Metis, CTSI, and XAI rose. Coti used to be a payment provider, and now V2 is a privacy version of ETH L2. It claims that its fully homomorphic encryption technology is far better than Fhenix, which is invested by Multicoln Captial. Fully homomorphic encryption technology is more powerful than ZK technology, so a market value of several hundred million US dollars is more cost-effective than STRK, which has a market value of several tens of billions of US dollars. XAI will start staking next week and is a hyped alternative to ARB (ARB has a big unlock).
3. AI's WLD, Akhm, PHB, and AGI rose. Among them, WLD and Akhm are two invested by Ultraman. AGI is a battle royale game and chat robot using AI virtual people, a Beijing project.
4. The stablecoin ustc has risen sharply, and a proposal has been made to destroy it to reduce its supply.
