Highlights and Risks in the Downtrend of the crypto market: LTC rises against the trend while multiple coins face challenges.

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Crypto Assets Market Weekly Report: Highlights and Challenges in the Downtrend

Market Overview

This week, the Crypto Assets market has shown a rapid fall trend, with the market sentiment index dropping from 33% to 11%. The market capitalization of stable coins has stagnated, indicating that institutional funds have started to withdraw. The market panic sentiment mainly stems from a large-scale asset theft incident at a trading platform, as well as heightened concerns about inflation and economic recession. Overall market sentiment has plunged into extreme panic, with most tokens performing worse than the benchmark index.

Highlights and Shadows in the Downward Trend|Frontier Lab Crypto Assets Weekly Report

Tokens Worth Paying Attention To

bullish expectations:

  1. LTC: Rising against the trend, mainly benefiting from the market's heightened expectations for the approval of the LTC ETF.

  2. S: The Sonic ecosystem attracts users through high yield rates, driving up token demand.

  3. SOSO: The project flexibly adjusts its development direction and launches high-yield mining activities to attract users.

  4. BERA: Quickly curb the fall trend and turn to an increase by enhancing the yield of on-chain projects.

bearish expectations:

  1. ETH: The market has concerns about ETH due to the theft incident at a certain exchange.

  2. SOL: The meme coin craze has receded, with a significant outflow of funds from the Solana ecosystem.

  3. ADA: The TVL on the Cardano chain has significantly fallen, and user confidence in the ecosystem has declined.

  4. AI: The AI and Gamefi sectors have experienced significant pullbacks and are about to face large-scale token unlocks.

  5. TKO: Affected by the overall negative impact of centralized exchanges, combined with the upcoming unlocking of a large number of tokens.

  6. RUNE: Rumors regarding developer departures and money laundering may trigger a continued fall.

Hot Track Analysis

Sonic ecosystem

  • TVL continues to grow at a high speed, increasing by 10.32% this week to reach $683 million.
  • High yield strategies attract user participation, driving demand for tokens.
  • The key to future development lies in maintaining the efficient operation of the economic flywheel and user growth.

Berachain

  • TVL increased by 4.66% against the trend, reaching 3.194 billion USD, ranking sixth among public chains.
  • Attract users by increasing the yield of on-chain projects to curb the fall trend.
  • Long-term development needs to focus on the emergence of new projects and the sustainability of high returns.

Market Track Performance

This week, the Sociafi track performed the best, while the PayFi track performed the worst. Sociafi benefited from relatively small falls in major tokens, while PayFi was affected by significant declines in major tokens.

Important Events Next Week

  • March 3: US February ISM Manufacturing PMI
  • March 5: US February ADP Employment Numbers; Ethereum Testnet Pectra Upgrade
  • March 7: U.S. February Non-Farm Payroll data and unemployment rate

Summary

This week, the crypto market experienced a significant fall, and investors are generally concerned. Some projects attract users through high-yield strategies, but long-term market stability and the emergence of innovative projects will be key. It is advised that investors closely monitor market dynamics and operate cautiously.

LTC-6.89%
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RektDetectivevip
· 19h ago
Is it a good opportunity to buy the dip and build a position?
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CoffeeNFTsvip
· 07-23 05:33
Don't panic! This is the rhythm of ltc.
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GateUser-2fce706cvip
· 07-20 18:00
Only those who can see the big picture are truly superior. Now is the best time to position for LTC.
View OriginalReply0
GateUser-00be86fcvip
· 07-20 17:54
ltc bull ah gan
View OriginalReply0
liquiditea_sippervip
· 07-20 17:49
When will the market reach its peak?
View OriginalReply0
StrawberryIcevip
· 07-20 17:30
Bull coin still cannot escape the big dump.
View OriginalReply0
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