Today's Headlines
BOME Founder: Meme is art, it is the internet.
Andrew Kang: Meme coin is not a zero-sum game, but a new asset class.
MacroScope: Gary Gensler doesn't really hate Bitcoin for protecting investors.
The total supply of Ethereum has dropped to the lowest level since August 2022.
Ordinals developer: The code and supply of MEME coin for Runestone will be determined by the community.
RuneStone becomes the fourth largest NFT by market value.
The floor price of the NFT series NodeMonkes has surpassed BAYC.
The on-chain DEX of Solana had a trading volume of over 3.8 billion USD yesterday, reaching a new historical high.
On March 18th at 8:00, 78.49 million tokens worth approximately 127 million USD, accounting for 18.23% of the circulating supply, will be unlocked for SPACE ID (ID).
Hot Projects (Layer1 projects)
- Cardano (ADA)
Cardano is a public chain project highly focused on research and security, adopting a unique "Ouroboros" consensus mechanism. Despite the late introduction of smart contract functionality, Cardano's market value has consistently been in the top ten, demonstrating its strong market confidence and potential value. In addition, Cardano is committed to promoting blockchain technology in developing regions such as Africa, which may bring huge growth potential.
- Dfinity (ICP)
Dfinity has proposed a unique concept of a "world computer," and its technical implementation is a mystery to many. Dfinity aims to decentralize traditional internet services and applications through its Internet Computer platform. Despite facing challenges in the DeFi field, Dfinity has shown great potential in moving Web2 content to Web3.
- Algorand (ALGO)
Founded by Turing Award winner Silvio Micali, Algorand emphasizes compliance and performance. It provides instant transaction confirmation and a low-cost transaction structure, making it very suitable for the needs of the financial industry. Algorand has established partnerships with multiple governments and financial institutions, which may drive its growth in the field of compliant financial products.
- Celo
Celo is a blockchain platform focused on inclusive finance, aiming to provide financial services to everyone with a smartphone globally. Celo has strong capital support, including a16z and Coinbase. Celo's vision is to solve real-world payment and remittance issues through blockchain technology, giving it potential growth space in the decentralized payment field.
Market Overview
Bitcoin (BTC) experienced significant fluctuations in the past 24 hours, dropping by 0.85%, with a high of 68,898.92 USD and a low of 64,547.76 USD, with a volatility of 2.67%. Ethereum (ETH) fell by 1.04% in the past 24 hours, reaching a high of 4,081 USD and a low of 3,412 USD, with a volatility of 3.32%.
Major coins experienced more declines than gains, with SHIB rising by 5.49% showing better performance. The total market value of cryptocurrencies is 2.684 trillion USD, up 2.5% from yesterday; the total 24-hour trading volume across the network is 148.1 billion USD, slightly lower than yesterday.
Today's Fear and Greed Index is 77, down 2 points from yesterday, indicating a greedy market sentiment.
Today's Huobi Fixed Investment Index is 16, up 2 points from yesterday, with a holding and wait-and-see level.
Market Opportunities
Analyst MAX: After a deep retracement in the cryptocurrency market yesterday, there is still a risk of retracement today. The off-exchange market is flat over the weekend, and the mainstream drama inside is still the selling of individual whales. The technical trend on the daily K level shows the MA5-MA10 turning downwards, so there is still a downside risk. Those who want to go long need to patiently wait for a pullback before considering, and should not rush to go long or chase the rise. The recent market fluctuations are significant, so risk control and position management should be done well.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
