Key to the bull market: Retail interest – currently at the bottom of the bear market
And every time BTC intersects with the MACD indicator, it will rise or fall in a parabolic shape.
These weeks are about to intersect. That’s when the bull market begins.
In 2020, I made 100x on axs and FTM by spotting the same pattern.
During this cycle, I also invested in low-cap stocks with 100x potential
Before we get started please click follow and retweet this post, I spent a lot of time researching and would really appreciate your support in sharing all my knowledge for free!
1. Historically, BTC prices have shown a strong correlation with the growth rate of M2 money supply.
Every time the Fed cuts interest rates, central banks around the world inject massive amounts of liquidity into global markets, including BTC and cryptocurrencies.
2. Markets tend to follow similar patterns, I saw the exact same price action in 2016 and 2020, both times triggering a big bull run a few months after an increase in money supply.
Now that we are on the brink of another rally, it is the perfect time to start accumulating altcoins!
1.#io项目 IO
One of the most noteworthy events in recent days is IO
In recent months, Solana-based altcoins and artificial intelligence (AI)-based tokens have seen a surge in investment and significant price increases. Among the most notable winners is io.net’s native token IO
The core goal of io.net is to build a globally accessible decentralized cloud computing network. From what I have found, the network provides affordable, flexible, and permissionless access to computing power specifically targeting the growing demand for GPU power brought about by the rapid growth of artificial intelligence applications.
One of io.net’s main propositions is to address the challenges faced by traditional cloud computing infrastructure, including high costs, limited availability, and long wait times.
io.net solves these problems by aggregating GPUs from underutilized sources like independent data centers and idle crypto mining farms. By leveraging these resources, io.net provides computing power at a significantly reduced cost — up to 90% less than centralized providers.
IO Token Sale and Economics
io.net leverages distributed computing libraries to facilitate parallel training. Training a model on a single device often results in a bottleneck due to CPU/GPU memory limitations.
However, io.net overcomes this challenge by coordinating and batching training jobs across multiple devices, using data and model parallelism to improve training efficiency.
The initial circulating supply is 95,000,000 IO tokens, representing 19.00% of the genesis supply. The maximum token supply is 800,000,000 IO tokens, allocated for private sales, public offerings, team and advisors, and the ecosystem treasury.
Current Price: 1.95&
Market value: US$220 million
Bull market sees 16& If it rises to 16 dollars, the market value will be 1.9 billion. As an AI potential coin, the market value of 1.9 billion is low
2.#pyth PYTH
As one of the core services supporting the stable operation of DeFi, oracle services have been continuously iterating over the past two years, and new projects featuring various new concepts have emerged in an endless stream.
Among many new oracles, Pyth Network quickly stands out among a number of new projects with its fastest data reporting frequency, more reliable data processing model, wider data sources, and richer data types, and has become the most popular oracle service in new ecosystems such as Solana.
Pyth is indeed a very promising oracle project, especially in the Solana ecosystem. Its "Pull Price Update Model" makes data updates more efficient. This on-demand update mechanism provides faster response speed and higher accuracy than traditional oracles. It supports real-time price feed services from more than 90 suppliers and multiple blockchains, making it very competitive in terms of asset coverage.
In addition, Pyth's token economic model encourages more participants to join through incentive mechanisms for data providers and ecosystem development, further enhancing the activity and value of its network. This incentive not only improves the quality of data, but also provides impetus for the growth of the ecosystem.
Pyth’s achievements in transaction volume and fund protection are also very eye-catching, especially its strong performance on Solana. With the continuous development of blockchain and DeFi, Pyth has the potential to compete with Chainlink for the leading position in the market and become a leader in the oracle field. Future developments are worth paying close attention to!
Current price: 0.32
Market value: $1.1 billion
In the bull market, 3u will have a market value of 10 billion. Compared with the link in the last bull market, it is about this price.
3.#ENA ENA
Ethena is the fastest growing DeFi product in history.
Scaling its yield stablecoin to $3 billion in a matter of months, no other stablecoin has grown as fast as USDe since its inception.
ENA is a synthetic dollar protocol, and many people regard it as a new version of Luna. Its core is to make money through derivative strategies, using stablecoins USDE and Ethereum 1:1 anchoring. This means that you invest Ethereum in the ENA protocol, and they will give you an equal amount of USDE, and use your Ethereum to short. In this way, no matter how the price of Ethereum changes, the value of USDE can remain stable because they will hedge the risk through contracts. This method is absolutely innovative for algorithmic coins.
USTb was first launched two weeks ago and in my opinion, it is definitely a game-changer that will enhance USDe adoption. The TLDR for USTb is as follows:
Stablecoin 100% backed by Blackrock and Securitize
Functions exactly like other stablecoins, earning yield from treasury bills but without the added custodian/counterparty risk
Can be a subset of USDe, so that when Tradfi yield > cryptocurrency yield, sUSDe holders can get treasury yield
The market is underestimating this because there is little reason to hold any other crypto stablecoin besides USDe right now, provided you can be assured that exchanges like Binance won't go bankrupt (and even if they do, USDe won't go to zero because it's fully backed by BTC and stETH). In the worst case, you'll get similar returns to your competitors, and if not, you'll get returns based on the market's risk appetite.
By integrating USTb on the backend, sUSDe's yield volatility is now significantly lower, removing the biggest concern that Ethena would not be able to achieve sustainable yields in a bear market. Reduced yield volatility also increases the chances of future CEX consolidation.
With these two catalysts, Ethena has an all-encompassing premium stablecoin that now dominates all other competitors.
Current Price: 0.33
Market value: 900 million
With the support of BlackRock, the bull market is expected to reach 4-5U, or 10 billion market value. It is not a problem to compare with the last round of Luna
4.#eigen OWN
EIGEN is positioned as a universal and verifiable "work token".
The so-called "work tokens" refer to utility tokens that can be staked by participants to perform certain work (such as blockchain verification). If participants violate specific work commitments, their staked "work tokens" may be subject to slashing penalties.
In the context of EIGEN, EIGEN staking is designed to provide a functional complement to ETH re-staking. It introduces a new mechanism to deal with subjective "errors", such as behaviors that cannot be identified on the chain but still need to be punished.
In other words, Eigenlayer will support a complementary staking model between ETH and EIGEN. ETH staking is mainly used to solve objective consensus problems (which can be roughly understood as whether the node is doing bad things), and EIGEN staking is mainly used to solve subjective economic benefit-related problems (which can be roughly understood as whether the node is doing things reasonably).
Restaking is the process of reusing ETH that has already been staked on the Ethereum mainnet to support the security of other projects. In this way, users can not only earn returns from their original stake, but also increase potential rewards by supporting more projects.
Founded in 2021, EigenLayer is a pioneer in the concept of re-staking. It is a middleware platform that sits between the Ethereum mainnet and other applications. The platform deploys a mainnet smart contract to allow stakers to re-stake their ETH and ETH Staking Derivative Tokens (LST) on EigenLayer.
Since its launch in June 2023, EigenLayer has experienced rapid growth, with total staked value exceeding $10 billion, making it one of the largest blockchain protocols on the market, with total staked value even exceeding many major decentralized finance (DeFi) platforms such as Aave, Rocket Pool, and Uniswap.
Double Staking
Now that the Eigen token has been released, the pledged assets accepted by EigenLayer are no longer limited to the re-staking business of ETH and ETH LSTs, but also include the pledge services of $Eigen and the native tokens issued by various AVS in the future.
This is the innovative dual staking concept of EigenLayer: the “re-staking” service of ETH series tokens and the “staking” service of Eigen series tokens are responsible for maintaining the security of EigenLayer as a whole.
Current Price: 3.99
Market value: 740 million
The bull market is looking at 23& The reason is re-staking As an emerging technology, it is attracting widespread attention from both inside and outside the industry. If Ethereum wants to return to 3500, eigen plays a key role
I have shared with you the 100x coins I like.
New fans, please read this article carefully so that it will be helpful to you.
The bull market is coming. If you haven't made a layout yet, come to me and I will make it for you.
