Today's secondary observation shows that market anxiety has begun to decline and a turning point between bulls and bears has appeared.
1. The long-short ratio of centralized exchanges quickly turned, and the market showed a bullish super turning point. The long-short ratio of large investors exceeded 1.8, with an increase of 45%.
2. GMT Stepn’s new game GAS Hero will be launched on January 3, 2024.
3. ASTR Sota Watanabe announced that the Astar zkEVM mainnet will be launched in early 2024.
4.XVS Venus Protocol announced that it will be launched on the ETH mainnet.
5. AI Binance Launchpool announced the launch of Sleepless AI, a game of Otome culture driven by AI.
6. RNDR RDNR big holders continue to absorb holdings. Although RNDR has increased by nearly 500%, the chips are still concentrated.
7. DYDX tokens worth $100 million will be unlocked on January 1, 2024
8. UNI AAVE MKR COMP Surprisingly, a large amount of Ethereum funds flowed into classic Defi projects, which deserves the high attention of on-chain investors. Is the spring of ETH coming again?
How to plan when the bull market comes? I am optimistic about the long-term holding coins!
Mask
There is certain potential in the medium and long term:
1. Mask is a decentralized social financial network that aims to provide users with a more secure and private social experience.
2. MASK coin is the native token on the Mask Network platform, with a total issuance of 100 million pieces, which is scarce!
3 Technical Strength: The unique advantage of Mask Coin in privacy protection As a decentralized privacy protection protocol, Mask Coin introduces zero-knowledge proof technology to provide user privacy protection.
4. Application scenarios: Mask coin mainly focuses on the field of privacy protection. In the current Internet era, user privacy is increasingly concerned, and Mask coin can play an important role in finance, medical care, social and other fields by providing a safe, fast and anonymous transaction method.
baby
Pepe, as a meme coin that became very popular in the first half of this year, has no pre-sale and no airdrop. More than 90% of it has been added to the liquidity pool. It is completely hyped up by consensus. Compared with Shib, which was popularized by dogs, Pepe's popularity comes from the sad frog, which was a popular image more than ten years ago and means "whatever".
As a meme coin, the most important thing is the IP attribute and cultural heritage. And Pepe has done very well in both. As for popularity, it is not inferior to Shib. And what makes Pepe better than Shib is that Pepe's chips are more concentrated than the early Shib. And it has been deeply cleaned up since June. It is estimated that the top 100 addresses hold about 70% of the total. This will be conducive to the dealer's pull
In addition, as a meme coin, it was hyped up a lot in the last bull market, and it will continue to be hyped up in the future. Doggo is well-deserved, but Shib seems to have changed because it is forcibly empowering memes to become public chains. This will discount the meme attributes. Therefore, Pepe may try to snatch the position of the second meme dragon.
Of course, there are also many rumors about Pepe in the market, such as the transfer of assets in the multi-signature wallet and the founder selling coins to buy luxury cars. But there is one thing to consider, meme coins never need to rely on the project party, but on its cultural heritage and community consensus. As for the project party, don't worry too much. On the contrary, the project party itself tweeted to clarify, which can be considered as deliberately creating panic to attract funds.
At present, the market value of pepe is less than 600 million US dollars, which is a very low market value. It has been sideways for nearly half a year. If it rises, it will rise by 90 degrees. If it participates in the highest market value of shib, pepe will have at least 50 times the increase.
1inch
1inch Network is a decentralized exchange aggregator that acts as an automated market maker.
It can obtain liquidity from different chains such as Ethereum, Fantom, BNB, etc. Its market capitalization is about $470 million with strong fundamentals and community.
The previous all-time high was $7.87 and it is currently trading at $0.4318. Therefore, if 1inch reaches a new all-time high in 2021, your return on investment could be 18x. See the image above.
technical analysis
From my in-depth technical analysis of 1inch Network, the coin is breaking out of the bearish accumulation zone. It also closed another weekly bullish candle above the 20 EMA.
Compared to Injective Protocol which recently hit an all-time high, if 1inch reaches its previous all-time high, you could easily turn $1,000 into about $18,000. What do you think? See the screenshot above!
IN
Filecoin is a decentralized storage system designed to "store humanity's most important information." It is similar to Amazon's cloud storage system, but in a decentralized form.
Fundamental analysis
Filecoin is a solid project with a current market value of over $2.7 billion and an all-time high of over $12.6 billion.
Compared to Solana and other top altcoins that can only bring 2x returns from their previous all-time highs, Filecoin can bring over 41,000% ROI. See the screenshot above.
technical analysis
From my technical analysis perspective, Filecoin recently closed above its 20-week EMA and also confirmed a bullish crossover as shown in the screenshot above.
Additionally, Filecoin has confirmed a double bottom pattern that broke out and retested the 200-day moving average, further confirming the coin’s bullish momentum.
It has just broken out of the bearish accumulation zone, which means it is ready to break out. See the screenshot below.
Filecoin is currently trading at $5.72 and its previous all-time high was around $237.27. This means that if the coin returns to its previous peak, you could easily turn $1,000 into over $41,000.
