The opportunity to buy the bottom is coming, and the potential coin will soar N times in the bull market!
Many people chatted with me today and said that the bull market is over. I am a little curious. Why do you say that the bull market is over? The reason is that they don’t distinguish between bulls and bears, thinking that rising is a bull market and falling is a bear market.
Many people told me today that the bull market is over. I am a little curious. Why do you say that the bull market is over? The reason is that they don’t distinguish between bulls and bears, thinking that rising is a bull market and falling is a bear market. The obvious feature of the bull market is that there will be at least two or three major mid-term adjustments in the whole process. After each adjustment, it will continue to advance; falling and reconsolidating or fluctuating downwards can make some unsteady people throw away their chips and redistribute wealth.
Unless it is the last decline, the previous declines are all for better rises, and then higher and higher. When the last adjustment comes, the bull market will end and fall sharply. So don’t judge the short cycle in the bull market, you must follow the general trend, the bull market is not over yet!
Potential Coin Analysis:
ICP
The Internet Computer Protocol revolutionizes on-chain activities by supporting unlimited smart contracts for data hosting, computing, user interfaces, and content. It enables the creation of tamper-proof Web3 applications in social media, enterprise infrastructure, games, and virtual reality, promoting full-stack decentralization and interoperability across multiple chains.
ICP focuses on scalability and practicality, emphasizing low carbon footprint when developing green technology solutions for Web3. Competing with leading cryptocurrencies, $ICP has also become a Bitcoin Layer 2 solution.
It has processed more than $67 million in transactions. The native token $ICP is trading at $13.80 with a market value of $6.39 billion. According to technical indicators, the 200-day simple moving average (SMA) of the Internet Computer is expected to rise next month and reach $13.00 by May 12, 2024.
Likewise, the Internet Computer’s short-term 50-day SMA is expected to rise to $23.43 on the same day. The Internet Computer’s 14-day relative strength index (RSI) is 46.75, which suggests that $ICP is currently in a neutral position.
NEAR
The Near Protocol incentivized computer network provides a foundation for developers to create and deploy decentralized applications (dApps).It uses sharding to divide the network's infrastructure, allowing nodes to manage only a portion of transactions, which increases efficiency and reduces computational requirements.
The Near Collective is a community-driven group that continuously updates and enhances the protocol. The goal is to create a platform that is powerful enough to protect high-value assets such as money or identity, while being efficient enough for everyday public use.
Projects like Flux can create markets for various assets and activities, while projects like Mintbase (an NFT minting platform) are being developed on Near Protocol. Near Protocol's native token is currently valued at $5.71 with a market cap of $6.03 billion.
The Relative Strength Index (RSI) is 51.73, indicating a neutral market stance. Predictions for the $NEAR protocol's price next week range from a low of $6.05 to a high of $7.72. According to the $NEAR price prediction chart, if Near Protocol reaches its target price cap, its value is expected to rise by 27.59%.
CRO
Cronos is the native cryptocurrency of Cronos Chain, a decentralized blockchain developed by Crypto. It aims to promote global cryptocurrency adoption, giving users control over finances and data. The blockchain primarily powers the CryptoPay mobile app, facilitating transactions and providing utility to users of Crypto services.
CRO is up 130% in the last year. It is trading above its 200-day moving average of $0.093226, which indicates a premium of 68.16%. The RSI is 48.53, indicating neutrality and low volatility (5%), but liquidity is low with a volume-to-market cap ratio of 0.0076. With a market cap of 4.17B and a 24-hour trading volume of 31.52M, it has attracted investors with its dynamic performance.
CFX
Conflux is a public layer-one blockchain designed to support decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure. The platform's innovative treegraph consensus mechanism blends Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms. This ensures scalability and security within the network. Its technical architecture is designed to solve industry challenges and provide developers and users with a decentralized, secure and scalable network.
CFX is the platform's native token and is the fundamental driver of the Conflux ecosystem, incentivizing user participation.With its cross-chain protocol ShuttleFlow, Conflux enables interoperability with various blockchains, including Ethereum and Binance Smart Chain. Developers benefit from using a comprehensive set of tools and regulatory compliance. This allows the creation of censorship-resistant applications that suit the needs of investors and the community.
