The altcoin season is really coming, Bitcoin is falling, and altcoins are not following the drop. This is a strong signal; currently, altcoins have a trend of not falling further, and some strong coins are gradually returning to their previous highs. Remember to allocate some for the hot coins.
A bull market is still a bull market; we are currently experiencing an adjustment within a bull market. When Bitcoin rises, but other altcoins do not rise and instead start to fall, it indicates a short-term peak. When Bitcoin falls, but other altcoins do not follow the drop and instead rise, it indicates a short-term bottom. A new round of altcoin season is about to arrive. The upcoming market belongs to altcoin performances; we can focus on Grayscale for now. If the altcoin season arrives, everything will rise, and Grayscale’s favorites will definitely outperform other coins because Grayscale will support them.
Pay close attention to $ZEN ; Grayscale has opened securities investment for ZEN and submitted Grayscale Horizen Trust (ZEN) to the U.S. Securities and Exchange Commission (SEC). ZEN aims to create its own chain, and in the future, holding ZEN will also yield airdrops of ZKF. This wave of market for ZEN is independent; it hasn't dropped, which means the main force has entered, and Grayscale is indeed the main force.
Last night's drop for ZEN was necessary; even if it keeps rising, it must pause for adjustments.
It is predicted that ZEN will eventually rise to 2000. Currently, ZEN's market cap is 600 million USD, with a price of 38. If it rises 50 times, the market cap will be 30 billion USD, which is only equivalent to 1/3 of SOL's current market cap, just about equal to ADA's current market cap. The potential above is enormous.
On Monday, those who chased ZEN at highs have seen some profit withdrawals, but it’s not a big issue; continue to hold, and don’t sell until it’s 5 times up. Next, I will layout a coin related to Trump's surge; next month, Trump will be in power, and a surge of 20 times is not a problem. Stick with me and enjoy the feast.
