Market dynamics on May 16: BTC surges, altcoins generally

I. Market Overview
1. Bitcoin has surged, and altcoins have generally risen. The Ethereum/Bitcoin exchange rate hits a 3-year low.
2. U.S stocks rose sharply, while the dollar index plummeted. The US CPI fell month-on-month in April, with the probability of an interest rate cut in September exceeding 80%.

II. Market Hotspots
1. Prices for Polifi's PEOPLE, MAGA, JEO BODEN and DOLAND TREMP have skyrocketed; these are all memes from the U.S election that may be hyped up during the November elections.
2. Prices for AR, PHB, LPT and OCTA in AI field have soared as well; OCTA is DePin of AI computing power and EVM public chain of POW with a market value of 600 billion five coins fully circulating this year already increased tenfold.
3.Prices for JTO, GMX and BOME within Solana ecosystem also skyrocketed; securities broker Robinhood launched SOL staking activity.
4.Public chain SEI price rises along with V2 version update release.
5.Bn will start trading Notcoin today; Notcoin is a meme within TON ecosystem having 100 billion chips fully circulated expecting its futures value to be $800 million USD.
6.L2 platform Blast will conduct an airdrop event on June 26th; Blast is Blur's L2 layer solution but BLUR's transaction volume has been surpassed by Magic Eden while social protocol Lens also plans to develop ZK’s L2 solution solutions.