Market dynamics on November 14: BTC breaks through a new high of 90,000, MEME coins dominate the market, and on-chain MEME coins enter a period of explosive growth

I. Market Dynamics

1. BTC breaks through a new high of 90,000, while altcoins generally fall. The main market revolves around MEME, with on-chain MEME coins skyrocketing.

2. U.S stocks fluctuate. Inflation in October meets expectations, and there is a high probability of continuing to cut interest rates by 25BP in December.

II. Market Focus

1. PNUT, PEPE, WIF and other MEMEs have surged significantly. PNUT has been referred to as the symbol of saving America by Musk and its value increased fivefold in one day reaching $2.5 billion USD market cap . DOGE, PEPE, PNUT's USDT trading volume on exchanges all exceed ETH.

2.On-chain MEME coins such as HIPPO,X ,LUCE,BAN,FRED,FARTCOIN etc., have seen significant increases.

3.The minor coin AGLD is rising and has been listed on Korean exchanges.

4.The ETH Foundation announces the launch of ETH3.0 officially abandoning L2.L2's LINEA plan will issue coins in Q1 over 25 years after which L2 will most likely become worthless.