X Layer On-Chain Meme Coin DOGSHIT Surpasses $37 Million Market Cap, 24-hour Growth 21.2%

On September 8th, based on alternative data, the cryptocurrency fear and greed index for today is 51 (yesterday it was 44). Market sentiment remains stable and continues to be "Neutral". Note: The threshold for the fear index is 0-100 and includes the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Share of the Entire Market (10%) + Google Trends Analysis (10%).

September 8th. According to official channels, the decentralized exchange platform Aster is scheduled to conduct its TGE on September 17th, with the collection of airdrop inquiries. The tokenomics will be announced at a later time. Moreover, the Aster Genesis Stage 2 has been launched, which introduces a multi-dimensional scoring system. The scoring dimensions encompass transaction volume, the holding period of Aster assets, profit and loss status, etc.

On September 8th, according to official channels, Metaplanet declared that it has augmented its stake in 136 Bitcoins. By September 8th, Metaplanet's overall Bitcoin holdings have increased to 20,136 coins, and the average purchase price is $103,196.

September 8th. With fewer than ten days remaining until the Fed's September interest rate meeting, current market traders are placing high bets on a rate cut in September and simultaneously elevating the probability of a rate cut in October. According to CME's "FedWatch" data, the likelihood of the Fed not implementing a rate cut in September currently stands at 0, with a 90% chance of a 25-basis-point rate cut. This probability is reported to be 87% on Polymarket. Moreover, traders are beginning to make wagers on a rate cut in October. CME data indicates that if the Fed cuts rates in September, the probability of another 25-basis-point rate cut in October is 71.6%, which represents a substantial increase from last week's 48%.

September 8th: In the largest-scale airstrike since the Russian invasion began, a significant government building in the center of Kyiv caught fire, resulting in casualties and infrastructure damage in multiple regions. President Trump of the United States has made it explicit that he is ready to initiate the "second-stage sanctions" against Russia. Secretary Yellen of the U.S. Treasury has also disclosed that the U.S. and Europe may impose additional tariffs on countries purchasing Russian oil in order to further constrict Moscow's financial resources. In the macro market, as risk aversion intensifies, there is a resurgence of demand for U.S. bonds, and the U.S. dollar index remains within a certain range. Geopolitical conflicts and sanction risks may exert upward pressure on energy prices, further influencing inflation expectations. The market is focusing on the upcoming inflation data and the future policy direction of the Federal Reserve, with the potential for increased volatility

On September 8th, based on Token Terminal data, the total market capitalization of stablecoins on Ethereum has reached $165 billion, setting a new record high.