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January 8 Market Dynamics

January 8 Market Dynamics

Bitget2024/01/08 01:49

I. Macro Trends

1. Market Trend: BTC remains strong, while altcoins generally fall. Funds are being withdrawn from altcoins to BTC.

2. U.S stocks fluctuate. The market is focusing on the December CPI data to be announced this week.

II. Market Highlights

1. Game GMT, AI, XPET surge significantly. Gashero, a new card game by GMT has seen its NFT prices skyrocket several times with currently over 4000 users and a commission-back mechanism in place. XPET collaborates with Wanhui.

2.Manta's L2 airdrop: Manta originally based on Polkadot for privacy but later transformed into L2 using Polygon and Tia technology; invested by Bn Labs and likely to list on Bn.

3.Tinfun NFT public sale lottery amount reached $5 million USD becoming a phenomenal NFT project; Tinfun is an NFT created by LaserCat397.eth mainly styled after Shan Hai Jing (Classic of Mountains and Seas).

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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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