If you want to seize the last chance, keep these points in mind!
1. Be cautious when participating in new local dogs in the second half of the bull market, because local dogs in the second half are much more dangerous than in the first half. The project parties will move faster, and their goal is to make money quickly. If you run slowly because of consensus, you may never get out of the situation.
2. Focus on spot trading and continue to not play with contract leverage. Don’t touch Bitcoin or altcoins. The crazier the bull market, the greater the volatility will be, and the greater the probability of a margin call will be.
3. Withdraw a little before the price target line of the currency in your hand. Don’t be greedy. You should withdraw 3 to 5 times the principal.
4. Stand against the market’s sentiment and content orientation, and always keep a clear head.
5. Whether it is value coin or meme coin, there will be opportunities for explosion in the second half. Chips are still the core of your money-making. Don’t touch uncertain opportunities and don’t operate in uncertain market conditions. The bull market results are not the guide.
6. Profits from the bull market should be realized in a timely and gradual manner. Do not withdraw money blindly, do not think it is complicated, do not withdraw money all at once, find more paths and methods. Finally, I hope everyone will not miss the second half of this bull market!
Buy these 4 cryptocurrencies at the bottom of the second half of the bull market in 2024 that can make you a millionaire!
1.NEAR
NEAR (NEAR Protocol) is considered a DePIN project for good reasons.
Focus on Developer Experience: NEAR prioritizes ease of use for developers, including features such as human-readable account names and familiar programming languages such as JavaScript for building dApps. This focus is consistent with DePIN’s goal of fostering a thriving decentralized application ecosystem.
Scalability and Speed: The DePIN project aims to address the scalability limitations of traditional blockchains. NEAR solves this problem through its sharding technology (Nightshade) and unique consensus mechanism (Doomslug), which aims to achieve high transaction throughput (up to 100,000 transactions per second) at low cost.
Overall, NEAR’s infrastructure is well positioned to support the next generation of decentralized applications, making it a strong competitor in the DePIN space.
2.AR
AR (Arweave) is a strong competitor in the field of DePIN (next generation network decentralized infrastructure platform). The reasons are as follows:
Advantages of DePIN:
Permanent Secure Storage: Arweave’s core capabilities align perfectly with DePIN’s needs. Its “permaweb” concept leverages unique block weaving technology to ensure permanent, immutable, and censorship-resistant data storage. This caters to DePIN applications that require reliable and tamper-proof data management.
Scalability: DePIN initiatives often require storing large amounts of data from IoT sensors and other sources. Arweave solves this problem with a one-time storage fee structure, eliminating the recurring costs associated with traditional storage solutions. This makes it a cost-effective option for DePIN projects with long-term data storage needs.
Decentralized Nature: DePIN emphasizes decentralization to ensure data security and accessibility. Arweave’s blockchain-based architecture ensures that data remains distributed across the network, facilitating DePIN’s goals of global coverage and censorship resistance.
Overall, Arweave’s permanent data storage, scalability, and decentralized approach make it a highly relevant and valuable asset in the DePIN space.
3.WIF
Dogwifhat (WIF) is currently attracting attention with bullish signals that indicate a bright future. The token’s open interest has been climbing steadily, reaching over $85 million in the past three weeks. The surge in outstanding futures contracts reflects the increasing amount of funds entering the WIF market, showing collective confidence in its potential.
Technical analysis supports this optimistic outlook. The MACD indicator shows a bullish crossover, with rising green bars on the histogram. It is predicted that if the coin breaks out of the current channel, it could rise by 21%. However, a key hurdle facing Dogwifhat is the $3.18 resistance level. Turning this resistance into support would be a major victory for the bulls and could trigger the expected price increase.
On the other hand, if WIF token fails to break above this resistance, it could result in a pullback to $2.75. Nonetheless, the memecoin is expected to perform well in the upcoming bull run and create new crypto millionaires along the way.
4.BNB
Binance (BNB) remains one of the most influential tokens in the cryptocurrency market. Its strong ecosystem and continuous innovation are key drivers of its expected rally:
Strong ecosystem
Binance’s extensive ecosystem, including its leading exchange, launchpad, and staking options, provides solid support for the value of BNB. The integration of various services under Binance ensures a continuous demand for BNB, thereby driving its market share.
Token destruction mechanism
Binance's token destruction mechanism reduces the supply of BNB, increasing its scarcity and value. This deflationary effect is an important factor driving the price of BNB up. In addition, Binance's proactive regulatory compliance promotes transparency and adherence to standards, enhancing investor confidence and market stability. This ensures a safe environment for BNB holders, further enhancing its appeal.
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Spot mainly
I will share some content: as shown below:
Tentative 50 people
The article ends here. I will do a more detailed analysis in the circle. If you want to join, please go to Gongzhonghao (The Attack of Mr. Krabs)
