As Ethereum surpassed the $3,400 mark, the ETH/BTC ratio rebounded 2.3% from today’s low to 0.03657, a new high in a week.
If you want to know more about the cryptocurrency circle and get first-hand cutting-edge information, follow Zhuye
Recently, compared with Bitcoin consolidating at a low of $90,000, Ethereum has been more powerful. CoinGecko data shows that Ethereum has broken through $3,400 and is now at $3,410, up 1% in the past 24 hours and 4% in the past 7 days. In contrast, Bitcoin has fallen 1.1% in the past 24 hours, and even fell below $93,000 earlier today, hitting $92,868.96.
ETH/BTC ratio rebounds 2.3%
As Ethereum strengthened, the ETH/BTC ratio rebounded 2.3% from a low of 0.03575 this morning, hitting a high of 0.03657 around 9 o'clock, setting a new high in a week.
At press time, the ETH/BTC ratio was reported at 0.03633, up 1.48% in the past 24 hours.
The cow lowered its head to drink water and rest in the middle of the game. Let's briefly review the meme coins in the first half.
A classic IP/Culture type meme, started by pepe in the 2023-2025 market, with a peak market value of 11B and currently 8B. It can be confirmed that it is the absolute leader of this round.
Which meme can become Ryuji? It is a question worth thinking about.
Long Er needs to meet these conditions:
➊ Impact and be able to stabilize at a market value of more than 3B;
➋ Listed on all major exchanges;
➌ After listing, it experienced a long period of consolidation and multiple high-point retracements of more than 80% before it could stand up again;
➍ Cultural/community/emotional consensus is strong enough.
Animal attribute/IP tokens: WIF had briefly flipped pepe before, and later it was listed on all major exchanges (including Robinhood), but the price was very soft and was overtaken by BONK, which shows that the basic consensus of IP is still not strong enough; Neiro consensus is not enough, and there are indeed too many dogs; Pnut is very popular in the short term, but it is not sustainable enough. BOME does not have any meme cultural attributes; Other Cult or Culture tokens: SPX, Giga, MOG, Cult, some of these have reached more than 1B, but have not yet stabilized and are not popular enough. Let’s see who can impact more than 2-3B.
BTC Ecosystem: Several good memes such as Pizza, Pups, Magic Internet Money (not yet issued) have low market capitalizations and do not meet the above conditions; Ordi/Sats are more ecological representatives, lack meme attributes, and their prices have been very soft in recent months, struggling to bottom out. However, another bigger problem with BTC ecological tokens is that they are limited to ecological + regional restrictions, and have not broken through the limitations of the "BTC ecosystem" to achieve a broader cultural consensus, global consensus, and emotional consensus.
NFT section: Pengu Because the IP and community of the fat penguin are well accumulated, it has certain meme attributes and potential, but a considerable proportion of the chips are in the hands of the team and VC. It can be regarded as a hybrid of VC + meme coin; there are also projects such as Azuki that are going to issue coins, which are also similarly positioned. However, with the style of the Azuki team, it should be a big cut. It may rise, but I personally don’t like it.
AI sector: the hottest track at the moment, it will definitely continue to be popular in 2025. However, many projects are not in the category of meme, but combine AI technology and narrative with Crypto technology + community + tokenize. It’s just that many projects have not yet landed, so they are also hyped as memes. But the project owners and the community are looking forward to the landing of products and scenarios. In other words, there must be utility, which is different from people’s pure meme expectations of Doge and Pepe. There are Fartcoin, ai16z, Goat, ACT, AIXBT, Virtual, and these targets have high market capitalizations. Let’s see which one can meet the above conditions and reach and stabilize a market capitalization of more than 3B.
DeSci section: Similar to the AI section, these tokens are no longer meme-like. For example, BIO is more of an empowerment + governance token of a DAO entity/parent body, and its sub-DAO is a series of project/product-driven coins, involving new drug research and development and solving some practical problems, rather than meme coins.
So if the altcoin season comes, can you make money in the cryptocurrency world?
Of course you can. As long as you don't mess with contracts or go against the trend, most people can make some money, and the profit is not bad. Because when the market is good, it is easy to make money by chasing ups and downs, and you may earn several years' salary in a short period of time. This is why the cryptocurrency circle is attractive, because you can turn things around if you seize the opportunity.
But there is a cruel reality
Most retail investors actually have no way to keep the money they earn!
On the one hand, when the bull market peaked, all kinds of good news were flying around, bloggers were shouting high prices, and retail investors were easily lost, and some even sold their houses and borrowed money to increase leverage. Once the market plummeted, it might be impossible to recover. If you want to make money in the cryptocurrency circle, you have to improve your cognition.
On the other hand, after the bull market comes the bear market, which usually lasts for more than a year. Many people can't help but trade at this time, and as a result, all the money earned in the bull market is lost in the bear market, and some even lose their principal. The bear market is really miserable, and many novices and bloggers will suffer heavy losses, and many people quit at this time.
In general, if you want to make money in the cryptocurrency circle and keep it, you need to have a strong awareness. Making money in a bull market often depends on luck, not strength. Some time ago, someone told me that the blogger who led them ran away after making money. There are many such people, so you must not only guard against the banker, but also those unreliable bloggers. It is really not easy for retail investors.
Finally, I hope everyone can make money during the copycat season. Opportunities always come to those who are prepared and wait patiently.
