Market Dynamics on December 19th
I. Macro Trends
1. Market Trend: The market surged, led by Meme and Inscription.
2. U.S stocks hit a 2-year high. Bank of America predicts that the Federal Reserve will cut interest rates by 25 basis points in March, June, September, and December next year.
II. Market Highlights
1. BTC ecosystem's AUCTION and STX soared. This period's AUCTION pledged to launch new BDID with a yield rate of 20%. STX launched its testnet this month.
2.Cosmos ecosystem's INJ, SEI, CHIHUAHUA surged significantly. INJ chain is about to start inscribing.
3.Polkadot’s ASTR skyrocketed; it is a Japanese public chain listed on Korean exchanges.
4.Avax’s Meme coins COQ,BEAR,WOLF surged significantly.The prosperity of the public chain mainly relies on Memes and air drops to attract retail investors; Avax begins to follow Solana’s strategy.
5.Ethereum ecosystem's Meme coins DOGE1 and HEMULE soared.DOGE1 rocket has a launch in January.HEMULE is V God's cat.
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.
