First, do you think the understanding king will be happy after winning?
I feel it should be a mixed bag. The joy is returning to the White House, and the MAGA dream continues; the worry is that without Musk, he has no chance of winning. Perhaps Musk can't be called a great man, and Trump isn't Liu Bang, so they can't enact a U.S. version of 'the rabbit dies and the dog is cooked' scenario.
But just thinking about the next four years is exciting: MEME.
Remember when Musk bought $1.5 billion in BTC in 2021 and promoted DOGE, SHIB, FLOKI, and so on.
And Trump's attitude towards crypto and MEME. Plus, with the recent beginning of interest rate cuts, liquidity is brewing. So, is it exciting? Is it crazy? Are you ready to get rich, everyone?
However, there is a very important meeting coming up this week, which is the Federal Reserve's interest rate meeting on November 8.
According to CME 'Fed Watch': The probability of the Fed cutting by 25 basis points in November is 98%, while the probability of maintaining the current rate is 1.1%. The probability of maintaining the current rate in December is 0.2%, with a cumulative probability of 17.1% for a 25 basis point cut and 82.7% for a 50 basis point cut.
The above three data points are of extraordinary significance, determining the fate of all coin traders in 2024.
Combining historical data and market trends: the timing, circumstances, and people are all aligned, and Bitcoin is set to challenge its historical high in November. If you buy the right one, you'll return home with a full harvest and a prosperous year; if you miss it and buy the wrong one, you'll be left with a low profile, honestly working hard. Personally, I am quite optimistic about 2024 because: if some coins in your hand can stabilize your emotions, open your heart, and make you more confident and cheerful, then those coins are worth holding firmly.
So, is trading coins really as complicated as imagined?
"Earn money while lying down" with three altcoins in a safe position, skyrocketing to 100 times returns!
1. NEIRO
NEIRO is a community-driven token recently launched on the Ethereum blockchain. It is named after the new dog adopted by Kabosu's former owner, the Shiba Inu who is the face behind the iconic Doge meme. Like Dogecoin, NEIRO also has a light-hearted and inclusive vibe, attracting followers from around the world.
Following the success of popular meme tokens like Dogecoin and Shiba Inu, NEIRO also has an emotional backstory, making it more attractive. This connection to the Doge family makes NEIRO an exciting choice for those looking for the next standout meme token. In a market with strong momentum for community projects, NEIRO's story is likely to attract many fans.
NEIRO on Ethereum has performed exceptionally well over the past year, with its price soaring over 42,000%, and a monthly increase of 20.85%. Additionally, the daily and weekly charts show strong gains of 37.07% and 8.39%, respectively.
NEIRO's key resistance level is at $0.0022215. If it surpasses this point, the next target will be $0.0037733. The recent support level is at $0.0009178. Interestingly, the 10-day simple moving average (SMA) at $0.0018717 is slightly below the 100-day SMA at $0.001953, suggesting a potential short-term downward trend.
Technical indicators show mixed views. The RSI is at 35.95, close to the oversold area, which may indicate a potential rebound. The stochastic indicator is at 46.50, showing a neutral outlook, while the MACD is at -0.00002, pointing to bearish momentum. NEIRO may soon move up to resistance or continue testing its support level.
2. DOGE
Dogecoin was originally launched as a joke but has now become a cryptocurrency with considerable market value. Unlike Bitcoin, DOGE has no supply limit, and its mining method involves continuously generating new coins.
DOGE has the advantages of fast transaction speed and low GAS fees, making it popular for small payments and online tips, with some merchants even beginning to accept Dogecoin payments.
The price of Dogecoin rises with Bitcoin, stabilizing around $0.15 in the long term, with strong community support further enhancing its market position.
If favorable crypto regulations are introduced after the U.S. election, DOGE is expected to rise by 25% in the short term, with potential growth of 10-100 times.
3. SUI
SUI is a low-latency, high-efficiency layer-one blockchain, currently valued at $5.3 billion, with a daily trading volume of up to $700 million.
Even after a quick rebound from a pullback, each drop represents a new buying opportunity, indicating that the market is confident in its subsequent performance.
SUI is expected to break through the $6 price level in the future, especially with the support of FTX and Mysten Labs, showing strong growth potential.
Additionally, after Trump takes office, it seems that RWA and the staking sector should rise.
Because RWA is equivalent to buying government bonds with BTC, the U.S. government will be wealthier. Staking is due to the legalization of cryptocurrencies, and the interest from staking is very tempting for traditional finance. So, recently, it may be worth buying some leading RWA and staking projects: MAR or ENA, ETHFI.
