Continue sharing today:
1. The market rebounded at a time of despair, and is still in a volatile market. But memes are different. Pepe hit a new high yesterday, driving other memes to soar. The strong copycats that I mentioned every day in my daily sharing are fluctuating upward. For example, jto has been on an upward trend since April 13. There are other strong copycats for everyone to observe.
2. GameStop skyrocketed. When the market was in despair, no one expected that this kind of thing representing the confidence of retail investors would come out to cause trouble, which led to the crazy pull of GME tokens on the chain. GME on Sol, GME on ETH, there was finally movement on the chain. Maybe this is the power of retail investors, the power of meme.
3. There is an interesting law about the market. Every time it reaches a relative bottom, there are always people shouting for a lower price. When it was 15,000 in 2022, those people shouted 7,000. When it was 25,000 last year, they shouted 15,000. Most of the analysis is well-reasoned and uses technical analysis, fortune-telling, and Qimen Dunjia. In fact, it all comes down to market sentiment. No one dares to buy at the real bottom. When retail investors pull the market, they always say that they will get on board when the price falls back, but when the price falls back, they say they will wait.
Because he always wants to buy at the lowest point, the result is that he ends up hanging at the top of the mountain. For example, if the lowest price of Bitcoin is 15,000, he must buy at 15,000, or 17,000. He always feels that he will miss out if he doesn’t buy at the lowest point. After all, the 28th law always applies to making money in the market.
4. I wish you all a happy investment. The market is finally becoming lively.
5 Best Cryptocurrencies to Invest in During the Bull Market
1. IN
Filecoin (FIL) is a decentralized storage network that allows users to earn FIL rewards by renting out unused storage space.
As demand for computing power and digital storage increases, the FIL token could see explosive growth. This could follow a similar pattern to other cryptocurrencies such as Arweave and Render, which have delivered huge returns to investors. However, Filecoin is still down 97.66% from its all-time high.
Instead of investing in coins that have already grown significantly, why not invest in projects that are still in the accumulation phase and may offer higher returns? This is why I chose Filecoin as the number one altcoin on my list.
Moreover, I found that investors have been accumulating FIL tokens since March 4, 2024. See the screenshot below.
Therefore, if you invest $1,000 in FIL tokens, you could potentially get a 35x return on your investment. This means you could turn $1,000 into over $35,000 by selling at your target price of $200. Some may consider this target unrealistic, but with the altcoin season approaching, Filecoin could hit new all-time highs in 2025.
2.DOT
Polkadot (DOT), a decentralized platform that enables interoperability between different blockchain applications in a secure manner, has not delivered significant returns to investors during this bull run despite its strong technology.
Currently, DOT is trading below $7 but is unlikely to stay in that range for long. This is because when a token with a solid use case and a promising future consolidates for an extended period of time, market makers tend to accumulate it before sending it to the moon. This is exactly what I see happening with Polkadot.
In my opinion, Polkadot has the potential to reach $150 in this bull run, which means we can turn $1,000 into over $22,000 with this project.
3.AUDIO
AUDIO is a music streaming platform that leverages blockchain technology to empower musicians and listeners. The platform aims to align the interests of artists, fans, and node operators by leveraging its native AUDIO token.
However, the coin’s price has been weighed down by crypto whales who have been accumulating since February 28, 2024. Despite the increase in accumulation, the price remains low.
You can set a return of at least 25x for this project. This means that you can turn $1,000 into more than $25,000 by selling it at $4. Interestingly, Otis is still in the accumulation zone, but it won’t stay there for long. Crypto whales can push this coin to new heights.
4.AXS
Axie Infinity (AXS) is a popular play-and-earn game that allows players to collect, breed, and battle Axies, adorable creatures that are non-fungible tokens (NFTs). This means players truly own their Axies and can exchange them for real value.
Axie Infinity was one of the leading gaming tokens, generating crazy profits for investors during the 2021 bull run. However, the crypto gaming industry has been relatively quiet, with many still below 90% of their all-time highs.
Still, it is almost certain that the gaming sector will see renewed interest, and Axie Infinity could lead the way. You could realize a 22x return on investment by selling at the $160 price target. This means that if AXS hits new highs in this bull run, you could turn $1,000 into $22,000.
5.LIT
Litentry is a privacy-preserving decentralized identity aggregation oracle built on the Substrate framework and tailored for Polkadot, EVM-based platforms, and other multi-chain ecosystems.
Litentry lets you choose what information you share with different services, thus ensuring your privacy. This could change the way we interact online in the future.
Interestingly, Litentry uses LIT as its native currency, which is currently trading below $1. If you had sold at a profit when the cryptocurrency reached a market cap of $500 million, you could have generated more than 20x returns in this bull cycle.
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