March 13 Market Dynamics

I. Macro Trends
1. The market is adjusting. Early strong sectors such as AI and Meme are taking the lead in adjustment, while old coins begin to catch up.
2. U.S stocks rise, February CPI exceeds expectations.

II. Market Focus
1. "Old public chains" like NEAR, INJ, AVAX and TON have significantly increased. TON provides incentive subsidies for creators and plans to go public through an IPO.
2. Countdown to Ethereum's Cancun upgrade: Expected at 21:55 Singapore time tonight, Beacon epoch 269568; related concept currencies include ETH, OP, METIS, ARB, STRK and MANTA.
3.MakerDAO plans to launch the first phase of 'Endgame' this summer by introducing a new token and conducting an SPK token airdrop.
4.The value of ETH NFT continues to plummet sharply with BAYC falling from its peak of 150ETH down to 13ETH.