Looking forward to the cryptocurrency market in 2024, it is now May. In this bull market, Bitcoin will have limited adjustments due to the support of US ETFs, while Ethereum and mainstream altcoins will have limited gains in this bull market.
Many mainstream altcoins are just following the trend and have not seen the potential to increase 10 times or 100 times; expectations need to be lowered a bit, but they will still outperform Bitcoin during the crazy bull market. After all, the market cap is small and it only takes a week to rise, so the focus is still on waiting, waiting again!
In this bull market, I mainly make money from meme coins in the sol ecosystem. The new ones that are now listed have a market value of tens of billions, and there is very little liquidity. The monthly unlocking of cash makes it difficult to get 10 times or 100 times the coins. Then my focus in 2024 is still meme coins
In this round of rebound, we can see that doge pepe wif and bome are both okay. Now the price of pepe is 0.0087. If it rises by more than 10 points, it will break through 0.01. As the leader, pepe will ignite the enthusiasm of meme coins in the market, and the new Bome on Binance will definitely have the greatest potential
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Returning to the market, the positive stimulus seems to have reached the top. Now it depends on whether Bitcoin can hold up. I expect Bitcoin to fluctuate for a period of time above 60,000. If the situation in the Middle East stabilizes and the data in the United States in the next month is conducive to interest rate cuts, the next round of trends will slowly begin.
