Time：2024-03-10 Click：83
On March 9, the crypto market saw another exciting rise. BTC/ETH both hit new highs. BTC continued to hit a record high of $70,000; ETH also reached a new high of nearly $4,000 in the past two years.
Although there were large fluctuations in the 24 hours around March 8 due to macroeconomic factors or high volatility, BTC quickly fell to around $66,063 after breaking through $70,040, but this attempt to liquidate more contracts The market situation of the position is often the necessary condition for the rise.
Market
As of the deadline, we can see that the market enthusiasm is still limited to the AI artificial intelligence sector and games, as well as its main related NFT series.
The game market and its associated NTF track will perform well in every bull market, but what I have to say about historical performance is that due to the lack of "depth" in games, that is, the ability to retain users, or simply " Market speculation" does not meet the conditions for sustained growth.
The "gold" game that was once a hit in 2021 is a good example of this. It may be a matter of bias. Dameng does not want investors to participate too much in this track investment.
Because in Dameng's view, they are often just a head-pulling game of "bloody steamed buns" for those who enter after eating the drums and passing flowers. In particular, the NFT market has brought "manipulated market transactions" to its fullest extent. (Currently, at least 50% of transactions in the NFT market are “false transactions”)
As for the AI artificial intelligence sector, although Nvidia fell by about 5.55% during US stock trading hours on Friday, it cast a shadow on the AI token.
The market is widely expected to "explode" AI crypto projects at the Nvidia (NVDA) conference later this month, which may prompt traders to bid for artificial intelligence (AI)-related tokens, providing support for the AI track. More funding.
It is worth noting that on March 9, affected by the good news that Sam Altman returned to the OpenAI board of directors, WLD once rose by more than 54%, breaking through the $11 mark, setting another record high. Other AI tokens were boosted by this and showed strong momentum in the short term.
As for the next performance of AI tokens, Dameng believes that except for WLD, which is likely to continue to show strong momentum, the other tokens may experience corrections to varying degrees in the short term. Because the current AI token market is more "benchmarking" Nvidia, Sam Altman's return may have a greater impact on the long-term investment value of WLD.
In the investment portfolio shared by Three Arrows Capital founder Su Zhu on March 3, WLD became the only AI sector token on the list. details as follows:
主流币：BTC、ETH、SOL、FIL、AR、ATOM； Meme币：OX、DOG、DOGE、PEPE、TRUMP； DeFi：MKR、RBN（Aevo即将推出代币）； AI：WLD
In addition, the most eye-catching thing in today's market is that Maker DAO has approved a series of major positive strategies to increase DAI market share and on-chain pledge share, which caused MKR to rise by about 24% in today's market, breaking through to around $2,499.
As we all know, Maker DAO raised DAI’s storage interest rate from 5% to 8% in August last year. Although it lasted for a short time, it caused a huge response in the market and caused a significant increase in DAI’s market share. At the same time, it further increased MKR price.
According to the news, the DSR of DAI will be directly increased to 15% this time, which may start a new round of sharp increase in MKR, and more importantly, this may be used as a trigger to "detonate" all the cryptocurrencies including LINK. The rise of tokens across the RWA track (tokenization of real assets).