October 17 Market Dynamics: Meme tokens BONK, DOGE, CHEEMS, GOAT are on the rise
I. Market Trends:
1. BTC continues to rise, with a dominance rate reaching 59%, a new high for this cycle. The market has priced in Trump's victory, and regulation is expected to relax.
2. U.S stocks are rising, hitting new highs again.
II. Market Hotspots:
1. Meme tokens BONK, DOGE, CHEEMS, GOAT are on the rise. BONK has newly issued ETFs. CHEEMS burns pools. GOAT is an AI-generated Meme leader that expands to Base chain; its market value continues to hit new highs at $300 million.
2.RDNT of DeFi lending plummeted significantly after being stolen by hackers on the BSC chain and ARB chain amounting up to 6000wu; short selling fee reached as high as -0.7%.
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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