October 17 Market Dynamics: Meme tokens BONK, DOGE, CHEEMS, GOAT are on the rise

I. Market Trends:

1. BTC continues to rise, with a dominance rate reaching 59%, a new high for this cycle. The market has priced in Trump's victory, and regulation is expected to relax.

2. U.S stocks are rising, hitting new highs again.

II. Market Hotspots:

1. Meme tokens BONK, DOGE, CHEEMS, GOAT are on the rise. BONK has newly issued ETFs. CHEEMS burns pools. GOAT is an AI-generated Meme leader that expands to Base chain; its market value continues to hit new highs at $300 million.

2.RDNT of DeFi lending plummeted significantly after being stolen by hackers on the BSC chain and ARB chain amounting up to 6000wu; short selling fee reached as high as -0.7%.