Key results will be revealed next week. After some thought, I feel there won't be much trouble. Whether it's Trump or Harris, the market will rise significantly. Trump may push Bitcoin as a national reserve currency more quickly, while Harris's trend may be a drop followed by a rise.
Institutions like BlackRock are accumulating chips in this price range, hoping for a definite rise. However, the market makers need to wash the plates to a certain proportion in subsequent trends before they can start to pull up.
Once it breaks the new high, mainstream media will actively promote it to attract more external funds, achieving massive returns. Currently, the accumulated chips are close to the price set by the market makers, which raises concerns that the rise is just a matter of time.
A bull market without altcoins is incomplete. Bitcoin and Ethereum are like the capital and first-tier cities of a country; the inflow of funds is just a matter of timing. First, it flows into large coins and then to smaller coins. Taking ETH and SOL as examples, their high popularity is due to their strong ecosystems. Projects like Sui, despite their strong capabilities, still struggle to attract attention due to a lack of ecological support.
Looking back three months, many altcoins surged 5 to 10 times in the early stages. In fact, almost no one said altcoins do not have a bull market. Most of the time, retail investors are easily influenced by others, and anxiety is created to profit. Now, these coins have large market capitalizations, and after experiencing dramatic drops, there will definitely be opportunities for 10 times or even dozens of times in the future.
The election is imminent! Layout 4 cryptocurrencies expected to increase by 100 times after the election!
ORDI
Currently, the stock price of ORDI continues to rise, with the latest trading price reaching $33, an increase of 1.4% from the previous trading day. The current market capitalization is stable at around $681.99 million, with all circulating tokens being traded in the market.
According to data comparison, the trading volume to market cap ratio of ORDI is relatively moderate, maintaining at 7.83%, indicating a balanced attitude of investors towards its daily trading interest. Its price shows a significant advantage compared to the long-term SMA line, demonstrating a robust and long-term upward trend. In the coming months, ORDI is expected to achieve further growth, projected to reach about $105.09 in November.
SUI
The Sui chain recently received great news: Suilend has officially launched the new token standard—SpringSui! This innovation not only marks an important step for Sui in the field of liquid staking but also has the potential to completely change the staking landscape of Sui.
SpringSui, as a liquid asset for SUI stakers, allows stakers to earn additional benefits in DeFi protocols.
SpringSui is designed based on the SIP31 and SIP33 token standards, supporting more DeFi application scenarios and further expanding the Sui ecosystem. At the same time, it has cross-protocol collateral potential, allowing liquid staking tokens to be used as collateral for lending and is expected to support collateralized stablecoins. This innovation opens new doors for DeFi on Sui, bringing more flexible options and allowing users to utilize capital more efficiently.
The launch of SpringSui is undoubtedly a major benefit for Sui, not only providing additional income opportunities for stakers but also promoting rapid growth in the field of liquid staking. As more protocols and platforms integrate SpringSui, the Sui ecosystem will only become more prosperous. Position yourself for Sui, target $10!
TAO
Bittensor currently ranks first among DePIN altcoins; this open-source protocol supports decentralized machine learning networks based on blockchain. At one point this year, the coin price was close to $800, and the recent pullback may indicate that TAO is providing a potential buying opportunity. On the daily chart, the TAO price is below the 20-day exponential moving average but has not yet broken below the 50-day EMA, indicating that its price may remain stable above this support line. If this trend can be maintained, the price of TAO may rise to $681.85 in November.
DOGE
This is the ancestor of meme coins; reaching $1 is just a matter of time. It is the only POW meme coin, and the founder has long since thrown away the chips in hand, achieving true decentralization. Musk tweeted on August 20 that he wants to create a 'Department of Political Efficiency', abbreviated as D.O.G.E, a name suggested by the DOGE community. Trump also responded that if elected, he would establish this department to conduct a comprehensive financial audit of the government and reduce waste. Therefore, the price of DOGE is also linked to the presidential election.
