March 22 Market Dynamics

I. Market Fundamentals
1. The market continues to adjust, with altcoins generally declining. ETF funds have seen net outflows for four consecutive days.
2. U.S stocks rose slightly, setting a new historical high.

II. Market Focus
1. Stablecoin protocols RSR and TRU surged significantly, along with related POLYX, MKR, ONDO, CFG and RIO also rising in response. News of BlackRock's investment into DeFi and the RWA sector is still impacting the market.
2. Meme coin BOME rebounded this week with a significant increase in trading volume; BN addresses accounted for 50%. There are future plans for deflationary burning of BOME.
3.MerlinSwap in the BTC ecosystem will air-drop MP tokens.The Initial DEX Offering (IDO) will be held on March 25th where participation involves using BTC and VOYA as collateral; there are predictions that some may manipulate price trends.
4.Social protocol ID plummeted sharply.Institutions began unlocking chips after previously raising prices to facilitate offloading their holdings.