Bitcoin is rising as expected, and the market has just started. As early as a week ago, it was mentioned that Bitcoin would have another wave of growth at the end of the year, and now it has finally started! However, many people are still hesitant, will the end-of-year rise continue?
Some old investors think they should exit, believing that 100,000 is the peak. This idea is not surprising, because Bitcoin has been sideways around 100,000 for a long time, which is easy to create illusions. However, the current price is risky to chase high. Repeatedly emphasize the success-failure ratio, you might as well think about it seriously. Relatively speaking, the ETH/BTC exchange rate seems to be lagging behind. I believe the exchange rate will rebound. In other words, the current ETH price is undervalued. As for whether to dare to invest, I think most investors dare not. Many people would rather chase high Bitcoin than chase the undervalued ETH. The reason is simple. This is a deep-rooted investment psychology: chasing up and killing down. December is a good time for cryptocurrencies, and everyone can look forward to it. Since last Sunday, Bitcoin has shown a strong upward momentum and successfully broke through the high of 106,648. This wave of market has made many people shine, and they all hope to take this opportunity to profit. However, reality is often contrary to ideals. In this wave of market, many altcoins failed to keep up with Bitcoin, but stagnated due to the market's blood-sucking effect. For investors holding altcoins, this is undoubtedly a heavy blow. The expected lucrative returns have now become a bubble. The arrival of the altcoin season does not mean that every altcoin will usher in spring. In this market full of variables, choosing the right investment target and formulating a reasonable investment strategy are the keys to success. There are also new developments in the crypto asset project of former US President Trump. Recently, the project has purchased several new assets including AAVE, Link, ENA, ONDO, etc.
Among altcoins, Ondo and ENA have performed the best.
That's because Trump's crypto asset project has acquired new assets, mainly focusing on Defi, leading applications, and the RWA field.
The four latest purchased tokens are: AAVE, Link, ENA, and ONDO.
These may not necessarily be the coins we want to follow, but they can serve as a directional indicator and are quite valuable for reference. However, retail investors should not fully follow institutional operations, as the amounts of capital differ and so do the risks.
The RWA track is also worth paying attention to, as Wall Street giants like BlackRock, Grayscale, and Franklin Templeton are gradually allocating assets to RWA!
Coins like Ondo, Tru, Pendle, OM, Polyx, RIO, and RSR are all potential targets in the RWA track and can be worth following.
These two leading projects are worth noting!
SUI
The current price of Sui (SUI) is US$4.82, with a 24-hour trading volume of US$1,657,173,418. The price has increased by 9.01% in the past 24 hours and by 13.76% over the past 7 days. The circulating supply is 2.93 billion SUI, and Sui's market cap is US$14,133,723,717.
SUI is the native token of the SUI blockchain, used to pay gas fees, execute on-chain transactions, and stake to become a network validator and protect the network. The SUI token is also used to vote on governance decisions regarding the future of relevant projects.
PEPE
The current price of Pepe (PEPE) is US$0.00002398, with a 24-hour trading volume of US$2,527,564,445. The price has increased by 3.17% in the past 24 hours. The circulating supply is 420.69 trillion PEPE, and Pepe's market cap is US$10,083,480,787.
