Recently, Bitcoin has been relatively weak, showing a trend of shock and retracement. However, the sector that has performed strongly in the market recently is the meme sector. Due to full circulation and fair launch, this sector is deeply loved by retail investors, and coupled with the cooperation of market makers to pull the market, the MEME sector has shined in this bull market.
Back to today’s market situation, Bitcoin continues to make small adjustments and can still be deployed in the 65,000-67,000 and below 65,000 areas.
Please remember one thing: the bull market will not end when there are differences, but will end when market sentiment is highly consistent and bullish. Therefore, it is still in the early stages and you can buy on dips.
Ethereum's performance in the past few days is also relatively average, but it has great potential. The ETF has not yet been truly approved. Once it is approved, Ethereum will rise rapidly. The current pullback is a good opportunity to deploy in batches!
The most promising altcoins worth watching
1.MASK
At present, MASK's market value is relatively small, only $300 million. There is no clear leader in the WEB3 sector, and MASK has the potential to become a backup leader. It has received huge investments from large institutions, including support from sector giants such as Binance, DWF, and HashKey.
Judging from the current price, the average price of MASK is about 3.6 US dollars, which is not high. Even if the market experiences a sharp correction in the future, other currencies may fall sharply, and MASK will be cut in half at most. This is because MASK has not experienced a sharp rise, so I am confident in it. Moreover, the chips of this coin are very concentrated, and the top 100 addresses holding the coin account for more than 97% of the total circulation. If the dealer decides to pull the market, it only takes a small price to make a straight rise.
If you are considering investing in MASK, you need to be prepared for the price to remain unchanged for one or two months. The current K-line trend shows that MASK is in the stage of sideways accumulation. I believe that MASK is not rising now just to accumulate strength for the possible "10 times" increase in the next two weeks.
2. The United Nations
Jito stands out with its innovative JitoSOL liquidity staking pool and MEV product in the Solana ecosystem. Users can redeem their SOL for JitoSOL, earning yield while maintaining liquidity and participating in DeFi opportunities. JitoSOL also provides additional rewards for transaction revenue related to MEV extraction on Solana. MEV (Maximum Extractable Value) refers to the profit obtained from a specific sequence of transaction executions. The Jito Foundation minimizes the negative impact of MEV, distributes profits fairly, and increases transparency. Jito's open source validator client enables competitive MEV extraction through block-by-block auctions.
Jito ensures security through strong protocols and continuous monitoring to address vulnerabilities. The platform's innovative MEV approach and active community governance enhance security and transparency. Jito's security framework ensures that the platform is secure and responsive.
Jito's governance token, JTO, gives holders the power to influence key decisions and govern the Jito ecosystem. These decisions include setting fees, updating delegation strategies, and managing funds. The JTO token ensures that Jito can continue to evolve based on the needs of users and the broader Solana ecosystem. In the past 24 hours, the JTO price has risen by 13.32%, and it has risen by 26.3% in the past 30 days, with 18 days in the green, indicating good momentum. JTO has high liquidity, with a volume-to-market cap ratio of 0.7092, a market cap of $472.13 million, and a 24-hour trading volume of $334.83 million.
3. BABY
PEPE is a meme coin that recently surged to a high of $0.00001525. This surge has sparked investor optimism, with many expecting further price increases. Despite the recent pullback, PEPE’s goal of a $6 billion market cap seems more realistic given its recent performance.
As PEPE continues to trend upward, it continues to attract more and more investors. This was to be expected when the token reached its all-time high. The increase in retail participation has further fueled interest and investment enthusiasm in the project.
4. TREES
PEPE's market value has reached $7 billion, while BOME is only $700 million. As a star MEME on the Ethereum chain, PEPE is currently trending quite strongly. Rather than taking the risk of chasing highs, it is better to ambush the next meme coin that may explode. BOME is a meme coin on the Solana chain and is considered a star coin on the Solana chain. As Solana rises, it will inevitably promote its own MEME coin, and BOME's trend shows the potential to catch up with its predecessor PEPE.
It has been mentioned long ago that BOME is a project worth holding for a long time. There is no point in saying more, as past experience has proven this point. At present, BOME continues to slowly climb in the upward channel, and has basically recovered the sharp drop in April. PEPE has pushed the market value of the air coin sector to 7 billion US dollars. It is really unreasonable if these meme coins do not perform. It is expected that the accelerated rise of BOME is coming soon. The air coin sector is very strong in this bull market. Investors holding positions need to maintain enough imagination. This period is a good time to layout, and you can consider starting at the right time.
5.FLOKI
The Floki cryptocurrency continues to show strong bullish momentum, with a 100% surge in trading volume and significant recent gains. Its daily growth rate reached 4.58%, its weekly growth rate was as high as 30.19%, and its monthly growth rate exceeded 54.10%. The year-to-date return rate has exceeded 680%.
The price chart of FLOKI coin is showing a symmetrical triangle pattern, which indicates a strengthening buying pressure in the market. The technical indicators EMA 50/200 days and MACD on the 1D timeframe are both sending positive signals, which indicates a bright future for Floki coin in the coming period. If the bulls can successfully break above the resistance trendline, Floki will be expected to test its overhead resistance at $0.000350.
Today's highlights
BTC has been declining continuously. The current short-term support level of 67,000 has been trying to break through at the four-hour level, but two attempts have failed. According to the daily trend, the 66,000 point line is an effective support position, and it is also a position of change. The short-term support point is at the 67,000 point line. Today, the intraday level also looks at the support position near 67,000. The four-hour level wants to reach a bottom of 67,000 and get a rebound. During the day, we will first see whether 69,000 can break through and stand firm. In this way, the short-term level will hit the 70,000-70,600 range again. The trend remains unchanged and continues to be bullish. Those who do contracts just need to control the risks.
ETH's intraday four-hour level has fallen back to form a short-term high point. The current support point is prevented from inserting a pin in the 3600-3660 range. Compared with the position of PIXMA, it is near 66,000. The intraday short-term support position of PIXMA is near 3700 points. Now the trend at the four-hour level shows a bottom rebound of a yin-yang line. It depends on whether the intraday level can rebound and stabilize at the 3860 line. Only if it stabilizes will it continue to hit the high point. You can directly look at the 4000-4060 range. The trend continues to be bullish, and you only need to pay attention to the risks of the contract.
If you don't know how to screen strong coins, I suggest you follow me. Whether it is spot or contract, a little shot may be your limit. The opportunity is short, so you must seize it! Success does not depend on luck, choice is greater than effort, and the circle determines destiny. In the currency circle, in addition to having a keen eye for judging the situation, you must also keep up with a good team and a good leader. If you follow me, you are already halfway to success in the currency circle! Near q1un + Wei: BYLK688
You can receive the latest free articles in the cryptocurrency world every day. If the articles are good, you can share them with everyone!
