Market dynamics on October 18: BTC fluctuates, Nvidia hits a new high, old coins and chain-based MEME coins are strong
I. Market Dynamics
1. BTC fluctuates, altcoins generally fall.
2. U.S stocks show mixed performance, Nvidia hits a new high. The U.S economy shows healthy data.
II. Market Focus
1. Old coins such as DOGE and LTC are catching up in price increase. DOGE benefits from Musk's shout-out to D.O.G.E (Department of Government Efficiency), the election odds for Trump supported by Musk are relatively high.
2. RAY in the SOL ecosystem is rising. RAY is a DEX benefiting from MEME on the SOL chain with a market value of 1 billion USD and an annual income of 600 million USD, ranking among the top ten in all applications.
3.MEME tokens REMILIA, DARAM, SIGMA on-chain have surged significantly.REMILIA is similar to MILADY cult community called out by MURAD; Big Goose DARAM is ETH chain fair MINT's MEME(similar to inscription); SIGMA is masculine MEME.The previously hot GOAT seems to have peaked with its $300 million market cap still being most Shiba Inu's ceiling.
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.
You may also like
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.