1. Market trend: the price fluctuates slightly, waiting for the direction to be confirmed
The fluctuation space of BTC is small, and the price continues to complete the adjustment form of triangle during the operation of brin line medium rail. Until then, the market will not change much. At present, the activity of increasing trading volume is still quite high. The recent overall market performance has a positive impact on BTC. The synchronous rebound of the three major indexes of US stocks and the substantial rise of bulk commodities provide an opportunity for BTC to stop falling. Therefore, we can buy at a low price in the near future, and the position can be increased slightly.
2. Message side interpretation:
The Fed stressed the highly uncertain impact of recent geopolitical events on US economic and financial stability. Although the Fed chose a prudent approach, it raised interest rates by 25 basis points. However, geopolitical risks will exacerbate inflationary pressure in the future. Next, it is still very important to curb high inflation. It is expected that the Federal Reserve will continue to raise interest rates and shrink the table ahead of time, which will have a tightening effect on the financial market. Therefore, the expectation of BTC price needs to be very tight. In terms of the situation between Russia and Ukraine, the recent trends of the two sides tend to ease. Russia and Ukraine have prepared a ceasefire and withdrawal plan implemented on the premise of Ukraine's neutrality and disarmament. Therefore, the impact of this situation on the market is weakened, and the recent rebound pressure of BTC price is reduced.
3. Up and down list:
Among the top currencies, there are many currencies related to the concept of defi. Xido led the rally significantly, so the currencies related to xido performed better. AAVE, SNx and maker ranked within the top ten. In terms of different ecological tokens, Boca test network represents KSM, and avalanche ecological avax ranks high. As a decentralized exchange, cake continued to rebound in technology in the short term, with a large increase.
XIDO
Xido, as a new generation of mining ecology in the defi platform, has a unique token distribution design. Xido supports many platforms and partners to create an extensible blockchain structure.
For the development in 2020, xido has formulated a detailed plan, including p2e game construction and NFT market, which are all in the first quarter plan. In terms of price, xido soared by more than 500% in the month, and the price performance can continue to be paid attention to.
Mina
Mina 24 hours rose by 26.7%, ranking second among the top 100 currencies in market value. It is a currency with very strong short-term performance. The reason is that the impact of the message side can be properly paid attention to.
The Mina foundation announced a $92 million Mina acceleration plan to promote the positive promotion of zero knowledge of the Mina agreement. This round is led by FTX ventures and Sanjian capital. Therefore, in terms of price performance, Mina rebounded in large quantities for three consecutive trading days in the short term, sweeping away the haze of shrinkage adjustment.
In terms of data, Mina's social activity has increased abnormally recently, and its social trading volume has increased by 200%. Investors have paid high attention, which has further promoted the rise of Mina's price.
AAVE:
AAVE is an open source decentralized lending agreement that provides users with deposit and lending services. The deposit interest rate and loan interest rate of users on both sides of the loan are calculated by algorithm according to the loan amount and deposit amount of the platform, and the platform adopts chainlink's Oracle machine to ensure the fairness of the mortgage price.
AAVE has a circulation market value of US $2.09 billion, and TVL on the chain has reached US $12.23 billion. Affected by the news, aave24-hour soaring space reached 11.4%, ranking high in many defi concept currencies on the dragon and tiger list and ranking fifth in the dragon and tiger list.
Good news pushed AAVE soaring: AAVE will officially launch V3 version and introduce cross chain assets and other functions
Decentralized lending agreement AAVE announced the launch of AAVE V3 on six different blockchains, including polygon, arbitrum, avalanche, fantom, harmony and optimization. The launch date of Ethereum main network has not been determined. This update improves the asset liquidity of users between networks and improves capital efficiency and security. In addition, the V3 version will not have an impact on the agency's defi product AAVE arc for the time being.
Ape：
The eco governance system token apecoin (APE) was officially launched and released for the bored ape Yacht Club (bayc).
Previously, Yuga labs, the parent company of bayc, acquired cryptopunks and meebits. First, acquire two NFT masterpieces, and then issue ecological tokens. The steps are compact and linked.
To judge the investment value of apecoin, we must first clarify the value of bayc and the value of mutant ape. Because 15% of the total supply of ape will be airdropped to bayc / mayc NFT holders.
Because ape is linked to bayc and mayc, bayc currently has a market value of $870 million and mayc has a market value of $480 million. The current circulation market value of ape is US $4.26 billion, and the total supply market value is US $15.3 billion, which is 3.15 times and 11.3 times that of bayc + mayc respectively. The valuation can be used as an investment reference.
