Despite the large market fluctuations, the current correction provides an opportunity for high-quality projects to be deployed in the medium and long term. In the turbulent market, it is key to stay calm and not blindly chase the rise and fall. Every big drop often hides new opportunities, and investors need to adapt to the faster market rhythm. In the upcoming holiday season, market liquidity may decline, but it may also be a time to buy at the bottom. Conservative investors can choose assets with long-term potential and wait for the market to pick up to get better returns.
Today’s MEME market is so miserable that I can’t even cry!
NORTH$SHIB
Since Shiba Inu broke through the key support level of $0.00002631, the market's focus has shifted to the next important support range, which is around $0.00002045. This price level has shown strong support in the previous decline. If this support level cannot be stabilized, SHIB may further drop to $0.00001272 or lower, which will put great pressure on market sentiment.
However, if the bulls can regain strength at these support levels, the price is expected to rebound and rise back to the previous resistance zone, thereby resuming the buying sentiment and providing a possible reversal for Shiba Inu Coin and re-establishing the uptrend.
DOGE$DOGE
The liquidation heat map for the past three days shows that Dogecoin's long positions have been liquidated on a large scale in the range of $0.393 to $0.385. It is worth noting that the remaining liquidated positions are concentrated around $0.42, which provides a bullish signal. With most long positions liquidated, prices may rebound and trigger more liquidations of bearish positions, pushing prices up. The liquidation heat map reflects changes in market liquidity and leverage, revealing the key price levels that are most susceptible to forced liquidation, which in turn affects price volatility.
Dogecoin has recently adjusted back from 0.48 to 0.34, a drop of 30%. Currently, the 0.33-0.35 range is the golden section line, and the correction has been fully consolidated. Considering that Musk will enter the White House in January, Doge has an 80% probability of ushering in a wave of increases, which is a good opportunity now.
NEIRO$NEIRO
Relying on the Ethereum ecosystem, focusing on innovative application development, it has breakthrough technological advantages. With low market value and high potential, NEIRO has room for growth of 100 times or even 1,000 times in the bull market at the current market value. Only a few currencies can provide such returns. Its community is enthusiastic and continues to grow, which is the key driving force for the growth of small-cap coins. Although the current price is low, it is patient to wait for the golden opportunity to enter the market. Looking back in the past, many 100-fold coins were underestimated, and early investors reaped rich returns.
Friends who hold NEIRO, today I will share some latest developments about the IP. The meme market has been hot this year, and it has also caused some IP copyright disputes. Earlier, Shark Cat (SC coin) encountered FUD due to logo copyright issues, but with the help of lawyers, the team successfully obtained the copyright, causing the coin price to rebound. Similarly, the meme token CHill Guy also faced warnings from the original creator, and Binance also faced legal action for PNUT. These signs show that meme culture is gradually transforming into a commercially valuable way of communication, and IP copyright issues are becoming more and more important. Neiro is the second Shiba Inu adopted by Japanese kindergarten teacher Atsuko Sato, inheriting the image and spirit of Kabosu, the inspiration source of Dogecoin.
Kabosu's smile became a global cultural symbol, inspiring the creation of Dogecoin. Neiro quickly became a new symbol of meme culture, and although these Neiro-themed coins were not authorized by Sato, they attracted widespread attention. To resolve copyright issues, "Own the Doge DAO" has obtained Sato's authorization and plans to decide which Neiro meme coins will be officially certified through decentralized voting.
It is expected that after Christmas, DAO members will vote to select the officially certified Neiro token, which may have an impact on the prices of related currencies and is worth paying attention to.
That’s all for today’s article. We are currently in a bull market, and things are turbulent. We share passwords every day.