Market dynamics on November 18: BTC began to correct, old coins rose sharply, and market forecasts were suspended after an interest rate cut in December

Market Dynamics

1. BTC begins adjustments, old coins rally. Ongoing speculation on MEME with VC backing on the blockchain.

2. US stocks plummet. The US dollar index surges. The market expects a pause in rate cuts after December, with the number of cuts in 2025 expected to drop significantly to two.

Market Focus

1. Public blockchains SOL and SUI surge, with SOL ecosystem projects like RAY and DRIFT following suit. SOL/ETH exchange rate hits a new high, SOL for MEMEs similar to last round's ETH for DeFi, becoming the entry chip.

2. MEME tokens PUNT, BONK, and BANANA rise. Musk tweets again about squirrels, PEPE, and BANANA, essentially PUNT and DOGE are expected to rise and fall together long-term. BONK plans to destroy one trillion tokens in December.

3. RWA's OM sees a significant rise, increasing 250 times over the past year, mirroring stock-like movements.

4. Legacy coins like XRP, LUNA, and ATOM are rallying. This suggests a lack of market hotspots, likely leading to an adjustment.

5. On-chain MEME tokens RIF, URO, SCI, VITA surge. RIF and URO are part of DESCI's pump. Science official medical MEMEs are researching the elixir of immortality. DESCI's strategy, similar to A16Z's investments in AI MEMEs like GOAT and ACT, is worth long-term observation.