Yesterday, the RWA sector rose sharply. Today, the platform coins began to rotate. BNB rose by 20%, OKB also followed suit, and Sun Ge's TRON doubled. Although the FOMO market made many retail investors eager to chase the rise, many people did not profit from it because they missed the "magic coin". This is the norm in the market, so there is no need to worry. The rotation will gradually cover all sectors.
Last night's crash caused by the stick ended quickly, and the subsequent strong rebound of ORDI and SATA broke through the high point of nearly six months, providing new entry opportunities. The inscription sector is regarded as "junk" by many people, and because of this, these currencies are easier to start.
Currently, most investors are chasing new coins, while old coins are more likely to be pulled up due to their light positions. Sector rotation is a wash-out strategy. Retail investors who blindly chase the rise and change coins will eventually return to the original sector. As long as you insist on holding a large position in the leading coin and wait for the opportunity during the rotation, you can expect profits.
Is SOL about to turn around?
Today, there is news that Grayscale has applied to convert Grayscale Solana Trust (GSOL) into Solana ETF. The review will end in March next year, and the probability of success is very high. This news caused Sol prices to rebound quickly after the plunge, making it a good opportunity to buy at the bottom. Especially for investors who hold Sol with 2x leverage, the target price is expected to rise to 500-1000 mg.
UNI and Puffer, which were recommended recently, performed well. UNI rose from 12.8 to 15+, with considerable returns. For high-risk currencies such as TRX and XRP, although I did not participate, I prefer to operate targets that I am confident in. For example, DOGE, which has been deployed from 0.1 to 0.4, has earned 4 times the return by catching Musk's narrative. Looking ahead to January 20 next year before Musk takes office, DOGE is expected to hit $0.7, and patient holding can get greater profits.
The recent market is a bit confusing. It seems that there is no sign of the market going up, or everyone is taking advantage of the celebrity hype? From Trump's success to Musk's "celebrity popularity", to the later Binance market popularity after Zhao Changpeng (CZ) returned, and CZ himself publicly called for the "alternative season"! Now it's Sun's turn again? ? ?
Let’s take a look at Justin Sun: From eating expensive bananas to TRX explosion
Justin Sun caused widespread shock when he bought a banana for $6.2 million and ate it minutes later, but looking back at TRX’s rise, it all seems to have been part of his elaborate plan.
Justin Sun, founder of TRON, launched the blockchain platform TRON in 2017 to decentralize the internet. He acquired BitTorrent and Poloniex, quickly becoming a major figure in the cryptocurrency community and frequently making headlines for his controversial nature. In November 2024, Justin Sun purchased the artwork (comedian) for $6.2 million, a banana taped to a wall. During a press conference, he ate the banana on the spot and called it "better than other bananas." The move became a unique performance art that challenged people's perception of value.
Every move by Justin Sun attracts public attention, from spending $4.5 million to have dinner with Warren Buffett to investing in hot projects. This time, "eating the banana" is not just about attracting attention, but showing how art and cryptocurrency subvert traditional values. Immediately afterwards, Justin Sun launched a new action for the Heco network, announcing that he would retire on January 10 next year. This move demonstrated his unique way of dealing with things. The surge in TRX is also closely related to these dramatic events. With the advent of the bull market, TRX's destruction mechanism has become more and more eye-catching, with a clear goal: $1 is expected.
This tells us a truth: attention is the key to success. Without attention, you can't make money.
Musk keeps telling stories! It is reported that Musk has plans to shut down DOGE, which has shocked the crypto community!
As soon as the decision was announced, the entire crypto world went wild, with people speculating on the future of DOGE and other crypto projects. As the "ancestor" of Dogecoin, Musk was once its biggest driving force, turning a joke into a representative of the crypto world. However, his decisions have always been full of variables, and a tweet or a word can make the market fluctuate greatly. Supporters believe that this is a signal that Musk is bringing new changes to the financial world, while opponents worry that this will make the crypto market more chaotic. Ethereum founder Vitalik Buterin is worried that celebrity-driven coins are prone to cause bubbles, while Twitter founder Jack Dorsey believes that Musk's influence cannot stop the power of decentralization.
The future of DOGE and Musk in the crypto world is still unknown, but what is certain is that Musk's move has once again filled the digital currency circle with expectations and uncertainty. It seems that we will have to follow the celebrities in the cryptocurrency circle to copy coins from now on, and we still have to pay attention to the trends of smart money!
I screened the coins listed on Binance 18 years ago, which are the coins from the last cycle. I looked at the coins with the smallest increase:
$storj waits for a storage rotation, can be ambushed;
$req payment track has the smallest increase, but the amount is smaller;
The amount of $gas is obviously not as high as it was last year;
$AST has good weekly volume and low market capitalization;
$BNT volume is average;
$NULS has had a surge in August, but it has to slow down and the volume has not increased;
The volume of $KNC is also not enough; $LSK looks okay on the monthly line, with some divergence.
Recently, you can pay attention to the dynamics of Binance. Looking at the BNB rising trend, Binance is about to start listing coins again.
Today's article ends here. We are currently in a bull market, and the situation is turbulent. We share passwords every day. If you don't know what to do in a bull market, welcome to follow us. Bull market spot passwords and layout strategies can be shared free of charge.