WLFI Advisor Ogle: USD1 Has Launched Minting on Solana but Lacks Liquidity for Now
According to Jinse Finance, WLFI advisor Ogle stated that although USD1 has just launched minting on Solana, this does not mean it will immediately have liquidity. According to information on the WLFI official website, USD1 is already circulating on the Ethereum mainnet, BSC, Tron, and Plume networks.
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On Wednesday, approximately four-fifths of the constituents in the Russell 2000 Index recorded declines. Since its peak in August, the index has dropped by 11%, falling below its 200-day moving average and entering a technical correction for the first time since March this year. Analysis indicates that with the US CPI rising more than expected and the probability of rate hikes increasing, small-cap, consumer, and transportation stocks are facing "sustained and long-term resistance."
Inflation and interest rates hit simultaneously, Russell 2000 plunges 11% from August high, marking its first technical correction since March
With both inflation and interest rates rising, the Russell 2000 has fallen 11% from its August peak, breaking below its 200-day moving average and recording its first technical correction since March.
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