Market Dynamics on May 10: Bitcoin rebounds, altcoins generally rise
I. Market Overview
1. Bitcoin rebounds, altcoins generally rise.
2. U.S stocks go up, unemployment data supports expectations for interest rate cuts.
II. Market Focus
1. Notcoin launches on the secondary market. Notcoin is a game Meme coin in the TON ecosystem that users can mine via mobile phones. It currently has 30 million users and 5 million daily active users. With full circulation of Notcoin online, it is expected to have a market value of $1 billion, with theoretical values ranging between $2-15 billion.
2.ARKM, LPT, AR, RNDR, AKT and TURBO under AI concept all surged significantly. AI and Meme continue to be the leading trends in this round of market.
3.The value of Trump-themed Meme coins such as Doland Tremp and MAGA skyrocketed after Trump announced his support for cryptocurrencies.
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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