January 26 Market Dynamics
I. Macro Dynamics
1) bc48d94e-55a4-4c62-8c44-d51381c4ec7b dynamics: The market is fluctuating and falling, and the United States is dealing with Bitcoin inventory from the Silk Road.
2) U.S. stocks are rising. Due to the ongoing tension in the Red Sea shipping situation, oil prices have been pushed to a two-month high, slowing down the pace of interest rate cuts by the Federal Reserve.
II. Market Focus
1) BN's IEO new coin ALT price has soared, with a total market value reaching 3 billion US dollars. ALT's market maker is GSR, which is good at opening up and raising prices to earn profits for investors. Modular TIA, MANTA and ALT performed well in this round and may become major topics.
2) Football fan coins CHZ, SANTOZ and LAZIO are on the rise. Fan coins have a small total market value and often go against trends to form independent markets.
3) In infrastructure category DORA price rose sharply during this round with long-term increase reaching tenfold. DORA originated from Polkadot DAO service platform then transformed into hacker marathon incubator developer platform; it also invested in many Cosmos ecosystem projects; its competitors include Gitcoin etc.. DORA itself suits bull-market environment where all public chains need ecological construction hacker marathons when bull-market arrives; there're rumors about listing recently.
4) Inscription ORDI SATS prices plummeted by half from their highs due to insufficient liquidity only BRC420 series remained firm planning issuance of L2 but previous surge of BTC L2’s SAVM fell 80% from peak due to controversy.
5) Re-pledging project Eigenlayer will reopen pledges on February 5th . Projects like Ether.fi , Swell , Renzo , KelpDAO , Pendle etc., that use re-pledging for air-drop rewards saw rapid growth in TVL; it's speculated that ETH re-pledging yield is 40% (Eigenleyaer air-drop 30%, small protocol air-drop 10%), but liquidity must be sacrificed and risks assumed. Puffer Finance is the only project invested by Eigenlayer founder, the team comes from China and has not yet launched.
