Brothers, PEPE the frog is popular again!
As Bitcoin once again broke through its all-time high yesterday morning, reaching 93K, it was unexpected that PEPE was the second to break through its all-time high. The reason was that it was listed on CoinBase. This news caused PEPE to soar by a factor of two in a short period of time, successfully breaking through its own all-time high, and becoming another altcoin that skyrocketed after Dogecoin.
However, everyone should be careful, as the big PEPE holders have already started to cash in their profits. Because after PEPE hit a new high, a fund address immediately sold 500 billion PEPE, which is a huge amount, close to 2 trillion in total. So I suggest that friends who have feelings for PEPE should not blindly chase high prices in the short term.
If this round of market trends follows previous rules, after Bitcoin and Ethereum have finished rising, the MEME sector should be the first sector to receive traffic, and rotation will also reach it first.
Recently, both old-fashioned MEMEs such as Doge, Shib, and PEPE, as well as new projects such as Hat Dog, MAGA, and Squirrel, are rising rapidly, bringing a new wave of heat to the MEME market.
But altcoins are risky after all, so everyone should remain cautious and rational. It is best to look at it from the perspective of an investor, control your positions reasonably, and distinguish which ones you can hold and which ones you cannot touch.
Today's Bitcoin market: From the K-line, there are signs of a stop in the 1-hour level, the 4-hour and 12-hour lines show a downward trend, and the daily line is about to turn down. The intraday pressure level is 90,000, and the support level is 85,200 US dollars.
The general trend has gradually emerged, and the bull market is accelerating wildly!
Currently, the focus of the entire market is mainly on BTC and various meme coins, especially PNUT (Squirrel series), DOGE (Musk series), AI series, etc.
The detonation point of this wave of meme narratives, especially with the rise of DOGE, the market ceiling has been completely opened. Therefore, now everyone must keep their imagination and stick to the strategy of diamond hands.
As for when the meme market will end, there is actually an indicator that can be used as a reference: major public chains and institutional VCs begin to enter the meme market. By that time, the market will basically be almost over. Currently, many institutions are looking for opportunities to enter the meme market. Once they enter, they may consider transferring most of their funds to mainstream currencies.
For example, BTC and BNB. Although BNB has not risen much in this wave of market, the platform trading volume on Binance has skyrocketed, which proves that it still has a lot of room for growth.
Although BTC has been continuously bought by overseas institutions and central banks recently, we have seen that its rise mostly occurs at night, and BN has not yet wiped out the premium of CB. This is enough to prove the fact that the big trend has arrived and the pulse of the bull market is accelerating.
How to choose MEME coin?
Locate information sources and select them carefully
Want to make more money and lose less money, the operation method is simple:
First, find out what hot concepts and popular currencies are now. Next, make a list of the OGs (big guys) in overseas and Chinese regions who specialize in MEME coins, and give priority to those with high reputations. Don't be lazy at this time, be diligent, and the opportunity to make money is at hand.
Distinguish the narrative and seize the hot coins in the market
Hotspot coins also have priorities:
For example, popular currencies such as Neiro, GOAT, BAN, LUCE, PNUT, and ACT are all familiar to everyone. What they have in common is: fresh concepts, leading positions, strong narratives, and great expectations!
Clear all positions! Crazy clearance! Of course, BTC is not included!
LUCE increased 10 times; BAN increased more than 7 times; SLOP increased 5 times; BILLY increased three times (the principal has been paid out)!
How can you have a future without MEME? The next four years of the United States led by Trump and Musk are the golden bonus period for MEME coins. Don't worry, the next coin that increases tenfold or a hundredfold may be your next opportunity!
