In the second half of the year, the election-themed MEME sector is expected to see a big explosion, with two projects in focus:
1. PEPE - As the leading MEME token, it has the background of Hillary and Trump's campaigns, and it has its own topics and traffic. Although the price is not cheap, high-quality assets are often like this. In a bull market, the strong will always be strong, and holding such tokens listed on the top exchanges (such as Binance) and being flexible in advance and retreat is the way to win. However, we must also be wary of high-price risks.
2. PEOPLE: A cryptocurrency inspired by the US Constitution, it is also listed on Binance with a market value of about 400 million. Although it is not directly related to the election and is dominated by Chinese dealers in the early stage, it is expected to welcome new dealers to take over after the mid-term adjustment. In a bull market, we should set our profit expectations rationally to avoid greed leading to profit-taking.
In general, although the bull market is good, we must also carefully choose investment projects and avoid chasing new coins that have not been fully tested by the market. On-chain projects seem to show a stronger wealth effect than altcoins on exchanges. In the next three months, many altcoins are expected to hit new highs, but investments need to be smarter. I wish you all good luck.