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Market Dynamics on December 28

Market Dynamics on December 28

Bitget2023/12/28 01:47

I. Macro Trends

1. Market Trend: The market is rising, btc has regained its daily line, and the eth series is catching up. MicroStrategy bought $600 million worth of btc last week.

2. U.S stocks are rising, while the dollar index is falling.

II. Market Hotspots

1. Public chain ETH surged significantly. L2's METIS, OP, ARB, DeFi track's lDO, PENDLE etc., followed suit in increasing their value as well.The final weak sector also began to catch up.METIS essentially a fork upgrade of OP and it's a project by Chinese Canadians.OP elasticity greater than ETH,METIS elasticity greater than OP.

2.Doomsday chariot BSV surged.BSV soared 50% in two days due to market speculation about halving.bsv is the largest counterfeit coin traded on the Korean market,surpassing BTC.

3.Social games XPETt,BPET surged.XPET is governance token,BPET acts as gas.XPET economic model similar to running shoes.Currently upgrading gold requires consumption of BPET,BPET enters deflationary phase.

4.Market leader Solana ecosystem overall downturn has emerged,but ecosystem NEON,HONEYLAND,and REALY have surged.NEON parallel evm,recent new user growth very fast.HONEYLAND game.REALY competitor for Sleepless.

1

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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