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GMOctober 23, 2025
1. Market Trend
BTC continues to decline, altcoins are generally down. BTC is suspected to be sold off by sanctioned gambling funds. U.S. stocks are down, gold is down.
2. Market Highlights:
1. The platform coin BNB is strong, listed on Coinbase and Robinhood.
2. The prediction platform LMTS issued tokens with a market value of $300 million, and there are suspicions that the project party has repeatedly sold off tokens. LMTS has a market share of 1% (including token farming), while Polymarket and Kalshi each have a market share of about 50%.
3. MET on OKX, Meteroa is a DeFi project on the SOL chain, launched by the Jupiter team in 2023.