There are some certain favorable events for the cryptocurrency circle in the future: the first is that a large amount of funds may intervene in the market in January. FTX paid compensation. In December, 98% of retail investors were compensated, defined as those with less than 50,000 US dollars, with a total compensation of 1.1 billion US dollars. It is expected that large compensation will be paid in the first quarter, a total of 13.4-15.2 billion US dollars. The compensation is likely to be USDC, which is equivalent to the support of more than 100,000 bitcoins. Even if only a small part of the funds flow into the market, it is a huge buying order. At the beginning, many people believed that these funds would flow out of the market after the compensation. If you are a compensation payer, after seeing the market hit 100,000, and most of the cottage and Ethereum did not follow, would you choose to leave the market? Or continue to fight?
The second point is that in January next year, Trump will be in power again, and there will be a change in the SEC chairman. Even if things go badly, the coin prices shouldn't drop too much. Of course, we shouldn't have overly high expectations. Yesterday, I already reduced my Bitcoin position by 20% at 100,000, and I'm considering reducing my position above 150,000. I'm looking to make some short-term trades in altcoins or hold long-term, all to prepare for accumulating more altcoins that can outperform the market.
The third point is that the Bitcoin investment plan from Microsoft, which we have discussed many times, will be announced around the 10th. Once a company like Microsoft joins a Bitcoin investment plan, the funding will not be less than $1 billion, and that's an understatement.
Therefore, the future risks and opportunities have become very clear. The upcoming time is about considering how to navigate and take advantage of this bull market!
4 types of 100x cryptocurrencies that could become market leaders in the future!
XLM
The trading price of Stellar (XLM) is between $0.46 and $0.62, currently in a consolidation phase after rising 413% in the past month. The recent resistance level is at $0.68; breaking this resistance could push the price to $0.85, a potential increase of over 30%. Technical indicators are mixed: RSI is around 46, indicating neutral momentum, while MACD is slightly negative, suggesting possible bearish pressure. The price is close to the 100-day moving average of $0.51. A drop below the support level of $0.36 could lead to further declines to $0.19. The coming days may reveal whether Stellar will continue to rise or enter a correction phase.
AVAX
Avalanche is a Layer 1 blockchain known for its eco-friendly approach, low fees, and fast transactions. It can process up to 4,500 transactions per second, aiming to complete transactions in under 2 seconds. Avalanche allows users to create customizable subnets, which are unique blockchains tailored to specific needs. Its native token, AVAX, is used to pay transaction fees, stake to secure the network, and operate subnets. AVAX has strong utility in payments and staking and supports the creation of custom tokens and blockchains. In the current market cycle, the technology and capabilities of AVAX may make it an attractive choice for users and developers seeking scalable and efficient blockchain solutions.
FTM
Fantom (FTM) is an open-source decentralized digital asset and decentralized application (DApps) platform. It aims to overcome the limitations of previous blockchains by balancing scalability, security, and decentralization. Fantom uses its own consensus mechanism called Lachesis, which can process thousands of transactions per second, with a settlement time of 1-2 seconds and low transaction costs. The platform supports smart contracts through its Opera layer, which is compatible with Ethereum's virtual machine (EVM). Fantom's native token FTM supports the ecosystem by facilitating payments, network fees, staking, and governance. This technology offers potential for decentralized finance (DeFi) and may attract developers and users seeking efficient blockchain solutions.
UNI
The UNI token of Uniswap was launched in September 2020 and serves as a governance token, allowing holders to vote on platform developments, such as fee structures and token distributions. As the leading decentralized exchange on the Ethereum blockchain since 2018, Uniswap provides an automated liquidity protocol for trading without an order book, giving users complete control over their funds. To respond to competition from SushiSwap, Uniswap incentivized loyalty by distributing 150 million UNI tokens to past users, with each user receiving 400 tokens worth over $1,000 at launch. With its open-source nature and focus on accessibility and security, Uniswap is the fourth-largest DeFi platform, holding over $3 billion in assets. The governance role of the UNI token and Uniswap's innovative technology make it an attractive asset in the current market cycle.
