The Central Bank of China announced that it will cut the reserve ratio (RRR) by 2 yards, which is expected to release about 1 trillion yuan of liquidity. In addition, a capital plan of 500 billion yuan was launched to support investment in the stock market, allowing the Shanghai Composite Index to rise 4.15% on the same day, driving optimism in the global market.

The Bitcoin market reacted positively to the news, but gains were limited. As of writing this morning (25th), Bitcoin had soared to a high of $64,822, but has now fallen back to around $63,700, and the overall fluctuation range is still between $62000 and $65,000.

The level of fear in the market has finally broken free and returned to a normal neutral level. The market continues to rebound. Other than Bitcoin and Ethereum, what copycats are worth getting on the bus?

SUI section: Scallop

Scallop is a Sui loan agreement. Benefiting from SUI gains, the Swap V2 update, and bonus campaigns, its TVL data has soared to $0.154 billion. Its currency also rose from around $0.15 in early September to above $0.4, at an all-time high of $1.44.

CZ concept: EDU, HOOK

After stepping down as CEO of Binance, CZ announced that it will focus on education. It is currently unknown whether CZ will post tweets about her education career after being released from prison, but market hot spots may bring in capital.

AI section: WLD

Due to strong monthly selling pressure, WLD's currency prices have not improved significantly. In July of this year, according to the Worldcoin Foundation, WLD tokens distributed to Worldcoin contributor Tools for Humanity were scheduled to be unlocked linearly every day starting July 24, 2024. However, TFH will extend the unlock schedule for 80% of WLD held by team members and investors from 3 to 5 years. Furthermore, in April of this year, Worldcoin announced that it would launch the World Chain later this year. It is now close to Q4 and is not far from a major advantage.

Judging from past history, from October of last year to the first half of this year, WLD was greatly influenced by Altman and OpenAI. Every move of its CEO or company caused WLD to drastically shock. Strictly speaking, although WLD is an identity ID circuit, today its AI attributes are extremely high, and it has become a hot topic for OpenAI in the coin industry. The current price is $1.88, an all-time high of $11.97.

TIA modular: Avail

Avail is a modular public chain project that has completed tens of millions of dollars in financing and has a luxurious venture capital lineup. After it was launched on the main network, it caused huge controversy and negative reviews due to the details of the airdrop. The current currency price is $0.15, the all-time high is $0.246, and the total market value is $0.288 billion. Compared to TIA, SAGA, and DYM, AVAIL still hasn't seen a huge increase.

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After the Federal Reserve cuts interest rates this month, the market generally estimates that interest rates will continue to be cut in November and December. Interest rates are expected to be cut by 70 basis points during the year. The published bitmap suggests that interest rates will also be cut by 50 basis points during the year. The Federal Reserve's continuous interest rate cuts will inject liquidity into the crypto market and provide continuous benefits to the rise of the crypto market. Furthermore, after the announcement of the US presidential election results in early November, some hesitant funds will also choose to inject into the crypto market.