Wake up and witness history again:
The good thing is that the SEC has approved ETH’s spot ETF, the bad thing is that your position may be gone!
So do you know why before going to bed last night, I earnestly urged everyone to do the same as I did and not use contract leverage so that you can sleep peacefully?
If you insert a needle into the sky and the price doesn’t change, your position will be gone and all your years of hard work may go to waste!
As I predicted yesterday, the US SEC approved multiple Ethereum spot ETF 19b-4 forms at the same time, but ETF issuers need to make the S-1 registration statement effective before they can start trading.
However, this is not a big problem, it is just a matter of time. In principle, Ethereum has already stood on the stage of history!
The SEC has just begun discussing S-1 forms with issuers, and it is unclear how long the process will take, but some analysts speculate it could take weeks.
The 4 most worthwhile cryptocurrencies to invest in during the 2024 bull market with a 100x increase!
1. OK
ONDO is also the most popular project in the Real World Asset (RWA) category. I have covered this project in the past, but I am introducing it to you again because this could be the Solana of this bull run.
Despite the recent pullback in Bitcoin and other cryptocurrencies, ONDO has remained strong, proving that investors are reluctant to sell their tokens. In fact, they buy more ONDO tokens every time the price reaches the $0.70 area.
Interestingly, the ONDO token price range is predicted to be $50 during the bull run. So when this happens, you can turn $1,000 into $50,000 or $10,000 into $500,000 by investing in ONDO tokens.
2.MATIC
Polygon, formerly known as Matic Network, aims to scale Ethereum using layer 2 sidechains, significantly increasing transaction speeds and reducing costs. This technical solution makes Polygon a key player in the Ethereum ecosystem, especially attractive to developers who want to deploy decentralized applications (dApps) without the limitations of the Ethereum mainchain.
MATIC has experienced significant growth due to its widespread adoption and overall expansion in the DeFi and NFT space, which relies heavily on the Ethereum network. By solving significant scalability issues, Polygon is positioning itself as an essential tool for the continued growth of Ethereum projects. As Ethereum's dominance in the smart contract space continues to grow and more projects choose Polygon to meet their scalability needs, the initial investment in MATIC is likely to grow exponentially.
3.SUN
Solana is a high-performance blockchain that supports developers around the world to create today's scalable crypto applications. Solana has a unique consensus mechanism that combines Proof of History (PoH) with underlying Proof of Stake (PoS) to provide extremely fast transaction speeds and low fees. This technical strength makes it an ideal platform for a variety of applications such as DeFi, NFTs, and decentralized markets.
Since its inception, SOL has gained great appreciation for its powerful features and the growing ecosystem of projects being developed on the platform. For investors, Solana represents a perfect combination of advanced technology and market potential. As blockchain adoption continues to grow, Solana's ability to cope with the growing demand could make it a key player in the cryptocurrency space, bringing significant returns on investment.
4.LRC
LOOPRING is an open, multilateral transaction protocol between tokens that supports ERC20-like and smart contracts. Through this protocol, decentralized exchange applications that do not require asset custody can be established. LRC centralizes order management and executes transactions directly on the blockchain. Unlike traditional DEX, it combines multiple orders into recurring trades. This breaks the one-to-one trading pair limitation. This approach not only improves the efficiency of order execution, but also significantly improves liquidity.
Furthermore, the Ethereum-based token provides an open protocol for decentralized cryptocurrency exchanges. It also addresses the shortcomings of centralized exchanges, including custody risks and transparency issues. It does this by introducing a hybrid model that blends elements of centralized and decentralized exchanges.
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