Market update on January 23: BTC and altcoins are generally falling; AI sector is the focus of the market; US stocks are pumping strongly, regaining momentum.

CoinNetwork
BTC4,57%

Coin World News, 1. BTC fell, altcoins generally fell. The main trend of the market is AI. 2. The US stock market rose sharply and returned to a pump trend with good performance. Focus of the market, 1. AI sector saw significant gains in PIPPIN, LUMO, BUZZ, SORA, MOBY, DOGEAI, etc. PIPPIN just open-sourced its framework. LUMO is an AI platform for the SOL chain and is currently working on a hackathon. BUZZ is the AI DEFI champion of the SOL hackathon. SORA is a voice assistant, MOBY is a Whale monitoring robot similar to AIXBT, and DOGEAI is a political MEME of the conspiracy group. 2. The public chain SOL saw a weekly pump. The SOLBTC exchange rate strengthened, and the proportion of revenue from encryption applications (on-chain GDP) is: 55% for the SOL chain, 20% for the ETH chain, and 10% for the BASE chain. 3. TRUMP and FARTCOIN, the top exchanges for MEME, saw a weekly decline. Some people say that the emotional trend of TRUMP will be similar to SHIB when it just entered the top exchange, and it will need to go through a few months of Whipsaw downward trend cycles. 4. ANIME has been listed on the top exchange, which is the NFT community coin of AZUKI. There are rumors that it is a coin for best friends.

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