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.
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