Bottom-fishing plan: Are the six leading public chain MEMEs suitable for bottom-fishing?

In this round of bull market, the wealth effect of the so-called VC coins rarely outperforms the corresponding leading memes due to insufficient liquidity in the market. In other words, retail investors are more willing to buy some meme coins, and are unwilling to continue to take over the so-called value coins with high market value of VC waiting for large amounts of unlocking.

This article briefly introduces the leading memes of BTC, ETH, and SOL ecosystems. These are very popular and familiar to everyone. Mainly introduce some popular public chains, leading memes that are not familiar to everyone, which have more potential wealth effects.

Target 1: ORDI

Introduction

Ordi does not need to be introduced too much. I believe everyone is very familiar with it. The first wealth effect of this round of bull market is the inscription track led by Ordi. Of course, most of the inscriptions have returned to zero or lost liquidity, but Ordi, as the leader of inscriptions, still has bottom-fishing value.

First of all, the concept of Ordi needs to be clarified. It belongs to the leading meme of the BTC chain. Its rise and fall are directly affected by the rise and fall of Bitcoin prices. Its rise and fall are not affected by fundamentals, but only by emotions. ORDI's market value is expected to be 1% to 5% of Bitcoin's market value. When Bitcoin's market value is $1.25 trillion, the highest expectation of Ordi is $12.5-72.5 billion, and when the market value is around $900 million, it means there is a 13-80 times expectation. It is conservatively estimated that ORDI's next round of expectations is 500U.

Technical Analysis

ORDI's high point retracement is 50% of the retracement. It is currently oscillating between the 200-day moving average of 49 and the main support of 40. The next support line is 27, and 27 is below 18. The main opportunity to build a position is before 18-27. However, since ORDI's retracement is not large compared to the increase, the oscillation time is not enough, just wait patiently for the opportunity.

Strategy:

Build positions in batches below 30, and heavy positions below 20.

Expected return: 20-50 times

Target 2: PEPE

Introduction:

As a 10,000-fold meme on the Ethereum chain in this round, PEPE's popularity and increase have far exceeded DOGE, becoming the new leading meme on the Ethereum chain.

PEPE's current market value is $3.1 billion. Based on 1% to 5% of Ethereum's market value, PEPE's market value is between $3.8 billion and $19 billion. As the strongest leader of this round of memes, PEPE is expected to become the first billion-level meme in this round, with an expected return of 3-10 times.Technical analysis:

PEPE's current bull market has risen 10 times in a very short period of time, and then halved after 10 times. It is currently in a high rebound. In the short term, PEPE will continue to fluctuate at a high level, and the medium- and long-term support line is around 30.

Short-term strategy: 45-80 band

Long-term strategy: Start building positions around 30, and hold heavy positions below 20.

Target 3: WIF

WIF Hat Dog is the second meme listed on Binance in this round of Solana. The increase is also at the level of 10,000 times, and it is a strong competitor for the 10 billion meme. The current market value of WIF is 3 billion, and there is still three times the space from the 10 billion meme, with an expected increase of 3-6 times.

Technical analysis:

WIF's listing on Binance directly increased the price of WIF from 0.3 to 4.8, an increase of 16 times. The maximum decline in the high point retracement is 61%, and it is currently fluctuating at a high level. WIF did not experience a long period of washing during this round of rise, so it is expected that it will undergo a deep washing before becoming a 10 billion meme.

Strategy:

Medium- and short-term strategy: Sell high and buy low before 1.8-3.5 to make a volatile market

Long-term strategy: Start building positions at 1.1, and hold heavy positions below 0.8.

Target 4: Degen

Degen was originally a reward token for the decentralized social application Farcaster. It has now grown into the leading meme of the Base ecosystem. The Base ecosystem does not issue public chain tokens, and its ecological funds will flow more to leading projects. At present, Degen

has completed financing and launched L3 based on the Base ecosystem. It is no longer a meme concept.

Degen's current circulating market value is 380 million US dollars, and it is expected to be at the 2 billion level. It still has an ultra-high increase expectation and high certainty, but it is currently in a high-level correction, and it is necessary to wait patiently for the opportunity to enter the market.

Strategy: Open a position at 0.017, and hold a heavy position below .001

Target: ZORRO

Introduction:

ZORRO is the leading meme on zkSync with a funny purple cat as its image. According to Nansen's report, ZORRO is one of the top ten tokens held by whale wallets on zkSync. Based on the concept of cats and the expected issuance of zkSync coins, ZORRO is expected to usher in an excess increase in the near future.

ZORRO's current market value is $8 million, with an expected $100-500 million, and an expected increase of 12-60 times, which is worth ambushing.

Technical analysis:

ZORRO has not performed outstandingly in the recent rise of the cat concept, and the popularity of the Chinese community is relatively low. It is currently falling back after rising. The mid-line support is at 20, and the long-term support is at 10.

Strategy: Start building a position below 20, and hold a heavy position around 10

Target: FOXY

Foxy is the first meme coin launched by Linea. It is a fox-shaped coin dedicated to building a community based on memes. Foxy was first listed on OKX and is a meme coin jointly managed by Linea and OXK. It has performed well. The current market value is 170 million, and it is expected to reach 1 billion first. It is still a strong competitor for the 10 billion meme.

Technical analysis:

Foxy has very little circulation, and most of it will be airdropped to community actives. Currently, 0.13 is the short-term support point. Below 0.1, that is, a heavy position of 100 million US dollars in market value #Meme币你看好哪一个？ #反诈小贴士