April 22 Market Dynamics: BTC shows weak consolidation, altcoins generally decline
I. Market Fundamentals
1. The market is showing a weak oscillation, Bitcoin has completed its fourth halving, and altcoins and Meme tokens are active.
2. U.S stocks have fallen sharply, with Nvidia hitting a new low.
II. Market Focus
1. Meme's BONK, PEPE, FLOKI etc., all show an upward trend; among them Bonk proposed a burning plan.
2. Inscription SATS and RATS rebounded while the leading Runestone fell after snapshotting. The overall expectation for competing runes is low due to pre-mining by project parties which undermines decentralization and fairness; fairness being the biggest advantage of Meme.
3.AI field's io.net has released a points system that is currently in beta testing stage and will be air-dropped in the future.
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.
You may also like
With the market continuing to decline, how are the whales, DAT, and ETFs doing?
The New York Times: $28 Billion in "Black Money" in the Cryptocurrency Industry
As Trump actively promotes cryptocurrencies and the crypto industry gradually enters the mainstream, funds from scammers and various criminal groups are continuously flowing into major cryptocurrency exchanges.
What has happened to El Salvador after canceling bitcoin as legal tender?
A deep dive into how El Salvador is moving towards sovereignty and strength.
Crypto ATMs become new tools for scams: 28,000 locations across the US, $240 million stolen in six months
In front of cryptocurrency ATMs, elderly people have become precise targets for scammers.
Trending news
MoreCrypto prices
More
