[Summary of daily market information]

GM20230804

1) Market trend:

The market fluctuated within a narrow range. There is insufficient funds on the market, and the rebound is mainly concentrated on new small coins on the chain.

U.S. stocks traded sideways. The U.S. dollar index rebounded.

2) Market hot spots:

1. L2’s OP is rising, and the base chain (eth’s L2, based on OP technology) will be on the mainnet on August 9. There are many new mines in the base chain, with annual returns of 200-600%.

2. The platform currency rlb has surged. The annualized profit of the gambling platform is US$170 million, and the total market value is US$300 million, corresponding to 2 times PE. rlb recently cooperated with ox exchange to develop contracts.

3. The stmx and ygg of the game are short-selling and rising. The short selling rate of stmx is -1.7%, and the short selling rate of ygg is -0.8%.

4. Meme’s erc20 has surged, and erc20 is similar to the previous brc20

*not financial advise, pls do our own research