The golden age of the secondary market
Now is the golden age of the secondary market, the easiest time to make money in the entire bull market, with $10 billion market cap TRX doubling in a day. The market heat is evident; those relying on airdrops, first tier, and shitcoins need to step aside.
The main characteristics of the market are as follows:
1. Old coins, issued before the last bull market, with a circulation of over 50%. Even ancient coins like EOS/XLM/NEO are surging, while Binance's new coins have hardly risen.
2. The integration of blockchain with the real world: RWA/DEPIN/DEFI is the core, the stablecoin sector MKR/CRV/RSR/TRU collectively surged yesterday, while the DEPIN sector's XYO/IOTA continues to rise.
3. Coinbase has spot trading, and from the XRP trading volume, it shows that US capital is leading this round of market. Currently, it is still in the first phase of fund accumulation, and there will be a second phase of altcoin surges, with the market likely continuing at least until the first quarter of next year. Forget about BTC and cherish these months of the altcoin golden age.
Layout 3 cryptocurrencies with a future increase of over 10 times!
1. AAVE
The total net deposits of the decentralized finance (DeFi) platform Aave have reached $31.4 billion, marking an important milestone. This figure represents a significant increase of 50% within a month, up from $20.9 billion at the beginning of November. This growth highlights a growing interest in Aave's lending services.
Over the past 30 days, Aave has gained $10.4 billion in new deposits. The platform's native token AAVE is currently priced at $237.00, reflecting a 5.99% increase in the last 24 hours. Its trading price is well above its 200-day simple moving average (SMA) of $137.90, exceeding that benchmark by 71.13%. This indicates a strong upward trend in its value.
Meanwhile, the market sentiment for AAVE remains bullish, with a Fear and Greed Index of 76, indicating extremely strong market confidence. The token has shown a positive trend on 16 out of the past 30 days, indicating stable performance. Its trading volume to market cap ratio is 0.4084, suggesting active trading.
Aave's current status reflects its growing influence in the DeFi space. Its increasing deposits, high liquidity, and proactive governance indicate that it is steadily progressing, and its services continue to attract user interest.
2. MKR
Maker's appeal in the market continues to grow, with its price significantly rising to $2,229, up 24.71% in the last 24 hours. During the same period, the token's trading volume was $397 million, with a market cap of $1.96 billion, accounting for 0.06% of the entire cryptocurrency market. Its trading price is above the 200-day simple moving average (SMA) of $1,822.44, with a premium of 22.28%.
Market sentiment towards MKR seems very optimistic. The Fear and Greed Index measuring investor sentiment shows a score of 76, indicating extreme greed among investors. MKR also exhibits strong liquidity, with a 24-hour trading volume to market cap ratio of 0.3803, with 15 trading days last month showing positive values.
Additionally, the token's annual inflation rate is -3.60%, indicating a decrease in supply. Technical indicators show a neutral stance, with a 14-day Relative Strength Index (RSI) of 67.39, suggesting potential sideways movement in the short term.
Predictions for MKR indicate that by the end of this year, its trading price could range between $2,152.58 and $3,449.00. If the average price in December reaches $3,005.95, this would represent a 35.60% increase from current levels, and if the prediction holds true, the potential return for investors could reach 55.58%.
3. SOL
Solana has been integrated into the Crypto Life platform, enabling payments at 90 million merchants worldwide. The Solana platform announced this development on its X account. This integration emphasizes Solana's fast transaction processing, low operating costs, and the continuously expanding decentralized finance ecosystem as the main reasons for this move.
Moreover, the platform has integrated with Uquid to launch Solana native USDT trading, allowing users to purchase various products. This development aligns with Solana's increasing popularity and enhanced infrastructure.
Solana's market performance shows a bullish trend. The current trading price is $224.15, down 1.26% in the last 24 hours, but up 37.67% in the past 30 days. The token is 35.12% higher than its 200-day simple moving average ($166.07), indicating strong upward momentum. Analysts also emphasize its high liquidity relative to market cap.
The Fear and Greed Index further supports the sentiment in the blockchain, currently showing 'Extreme Greed' at 76, reflecting strong positive sentiment among investors.
