August 23 Market Highlights: The market is experiencing weak fluctuations, and BTC's market share has begun to decline

I. Market Trends:

1. The market is weak and fluctuating, BTC's market share has started to decline.

2. U.S stocks are falling, the rebound has ended. Economic data for August was significantly below expectations.

II. Market Highlights:

1. Tron's SUN surged, Bn launched a new contract. SUN is the largest DEX on TRX chain, all income from Sun Pump is used to buy back SUN. DWF cooperates with Sum Pump.

2. Old DeFi's Alpaca surged, Bn launched a new contract.

3. Meme's FLOKI and POPCAT rose in value . FLOKI air-dropped CAT tokens to its holders.Bn opened contracts for POPCAT without spot trading.

4.Crypto ecosystem Babylon began mainnet staking of BTC which led to an increase in BTC gas prices.Bn invested in Babylon.