In the short term, the market has already fallen significantly. If the market continues to decline during Christmas, the crypto world will indeed be 'not human'.
However, historically, Christmas does not always result in a pullback.
The key is whether ETH can hold above $3000. If it holds, there won't be much of a problem.
Spot trading can be seen as an opportunity, but everyone should act within their means, stay calm, and avoid being thrown off by volatility!
SHIB's burn rate surged by 936%, but the price unexpectedly dropped by 9.61%. What is the reason behind this?
According to data provided by the Shibburn platform, in the past 24 hours, a total of 6,690,287 SHIB meme coins have been transferred to unusable blockchain wallets, leading to a daily burn rate surge of 936.52%.
Among them, the two largest transactions removed 3,507,923 and 2,300,437 SHIB from circulation. Regarding last week's burn situation, data shows that the burn rate decreased by nearly 60%, while 62,381,241 SHIB tokens were locked in unusable wallets.
Last Friday, SHIB, the world's second-largest meme cryptocurrency by market capitalization, shocked the market with an approximately 30% increase, soaring from $0.00001859 to $0.00002406.
However, since then, this popular meme coin has faced a decline, currently down by 9.61%, with a current trading price of $0.00002168. This week, SHIB has been consolidating, struggling to break through the resistance level of $0.00002200.
2025 Altcoin financing direction and suggestions!
1. Ethereum liquid staking: I personally believe that part of the funds should transition from last year's AAVE lending direction to the liquid staking field.
2. In the RWA sector, I recommend holding ONDO for the entire year of 2024, which also has a considerable return. Currently, this sector is still in a price discovery phase and is worth paying attention to.
3. Bitcoin Layer 2: As part of the Bitcoin ecosystem, it lacks neither attention nor topics nor capital layout, and should accommodate some funds.
4. NFT sector: NFTs actually belong to a part of the artistic and cultural value. In a capital-rich environment, there will also be good fundamental growth. Related tokens are also worth paying attention to.
5. AI + chain games: I personally don't have much knowledge about chain games, but I think it's also worth investing in.
6. Bankruptcy sector: The bankruptcy sector has undergone a long period of adjustment and is a very good topic for speculation. Especially as MeMe speculation, it's a good choice.
I hope everyone can see concentrated liquidity explosion in 2025, rather than a 'false bull' market dominated by highly concentrated first-level chips. I hope everyone can get rich.
ZEN Growth Leader
A few days ago, the promoted ZEN gained 71 points, and those bold brothers who continue to chase ZEN are really reaping great rewards! Today it topped the growth chart again!