In the next few weeks, we will enter an uptrend phase driven by multiple bullish factors
1. Promote interest rate cuts in the United States and China
2. The US election is approaching
3. FTX spending will reach $16 billion starting in Q4
4. Possible changes in Chinaâs cryptocurrency regulation
The price action we are seeing today is the same as it was before the massive bull run of 2020 began.
The next epic rally is coming and these tokens will achieve a hundredfold gain!
How long does it take to create a great disk? BOMEâs answer is three days.
Three days after its birth, BOMEâs market value exceeded US$1.1 billion, reaching a peak of nearly US$1.5 billion.
Although BOME was not the first person to pre-sell memes, its success undoubtedly ignited the pre-sale craze. The once popular "Chinese Dog Coin" POGAI began to follow the pre-sale model, and the limited 24-hour pre-sale activity reached the recharge limit in just a few hours.
At the same time, after BOME, the âold artistsâ in the cryptocurrency circle could no longer sit still overnight and wanted to complete âre-employmentâ and create a second spring in their careers through similar pre-sale methods.
In more than half a year, BOME has fallen more than 80% from its peak, following the same trend as most new coins.
I am planning to invest in BOME again soon, I hope it will not disappoint me
Current Price 0.0097
Market value 652 million. If it rises 10 times, it will be 6.7 billion, which is not much.
#ENA
Ethena has a solid foundation to scale USDe to billions or even tens of billions of dollars. As cryptocurrency stablecoins gain more market share due to international cross-border payments, it is not impossible to eventually reach $1 trillion.
I would be surprised if ENA doesnât make it into the top 20 coins by then, as ENA is the best product for the largest sector in the cryptocurrency market.
The total amount of stablecoins currently deposited on centralized exchanges is about $38.6 billion, which is 15x the current supply of USDe. Even if only 20% (a small portion) of the supply decided that earning 5-10% on USDe is a better deal than giving it up, it would mean that the serviceable market for USDe would almost grow 4x from here. Now, imagine what would happen when all major centralized exchanges took USDe as collateral?
When weâll get there is unknown, but Ethena is my bet on the next big dream in crypto this cycle.
Current Price0.43
Market value: 1.1 billion
#EIGEN
Eigenlayer is a protocol that modifies Ethereum at the base client layer to allow validators to re-stake their staked ETH to other protocols and validate in parallel. That is, you can reuse the staked ETH to validate other protocols such as oracles and data availability modules. Each application can define the criteria for slashing validators.
Eigenlayer is an attempt to extend Ethereumâs base layer in a way we havenât seen since Flashbots modified the official Ethereum client to support MEVâs off-chain transaction ordering auctions.
Eigenlayer founder Sreeram Kannan is the director of the University of Washington (UW) Blockchain Lab. Chief Strategy Officer Calvin was previously the head of strategy at Compound. The rest of the team is mainly gigabrain Go developers and researchers from the University of Washington.
Let's say you stake 32 ETH and run an Ethereum validator. In the future, you will be able to browse various applications in a store similar to an "App store" with Eigenlayer. You can see who is building the application, how many people are running it, what the potential slashing conditions are, and what compensation you will get for running the application. You can do a risk/reward analysis to determine whether it makes sense to run the application, and run multiple applications in parallel seamlessly.
Current Price3.58
Market value: $600 million, looking at $10-15 range
#doge⥠DOGE
First of all, Dogecoin has a positive cultural background, namely the tipping culture. As an electronic currency, Dogecoin was born on December 12, 2013, and soon became the second largest tipping currency.
People participate in Dogecoin transactions not just for speculation, but more as a way of sharing and gratitude. In the context of the prevalence of tipping culture in the United States, Dogecoin is popular because it is cheaper than Bitcoin. People hope that Facebook will accept Dogecoin so that friends can not only like but also tip.
Secondly, Dogecoin has a positive humanistic background, namely, charitable culture. Dogecoin is widely used in charity and has participated in many charity activities, such as helping the "Jamaica Bobsled Team" and Indian athletes to participate in the Winter Olympics. The Dogecoin Foundation has also funded other charitable activities, such as solving the Kenyan water crisis and car racing.
Third, Dogecoin is very popular, especially in the Reddit Dogecoin community, where the number of followers exceeds 75,000, far exceeding other virtual currencies. Dogecoin supports a large number of foreign websites to accept payments, and its trading volume has always been at the forefront, exceeding other altcoins including Litecoin. High trading volume and liquidity are important manifestations of the value of virtual currencies.
Current Price: 0.1
Market value: 171 USD
I have shared all the tokens that are expected to soar. I hope it will be helpful to you. If you have any questions, follow me. Whether you are an old fan or a new fan, you are welcome to pin it to me. I will do my best to help you solve it.
