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Market dynamics on July 1: The market rebounds, altcoins generally rise

Bitget2024/07/01 01:58

I. Market Dynamics
1. Market Trend: The market rebounds, with widespread increases in altcoins. 2. U.S stocks fall. Industrial inflation cooled down in the United States in May, but there are concerns that if Trump is elected (with policies such as tariffs and immigration restrictions), it could fuel inflation.

II. Market Highlights 
1.ZRO, ZZ, LISTA surged significantly. There are rumors in the market that cz will be released ahead of schedule next month.
2.Ethereum-based ENS and SSV soared high; however, MetaMask was sued by the US SEC who stated Ethereum staking projects like LDO and RPL are securities.
3.AI's WLD fell; WLD has been unlocking large amounts since July at a rate of 20 million USDT per day.
4.Ton ecosystem game Catizen announced an airdrop of 42% tokens for July; Catizen is a domestically produced idle match-3 game with 23 million users and a payment rate of 50%. It earned $1.2 million over the past three months and plans to become a new platform for WeChat mini-games on Blockchain technology.

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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.

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