Since Trump's victory, the crypto market has been soaring.
BTC just broke $90,000, $DOGE is performing brilliantly, and multiple sectors like storage, Gamefi, and AI are rising, showing a favorable market.
Currently, it is still early in the altcoin season, with various sectors gradually beginning a new round of speculation, among which meme coins have the strongest rebound.
Yesterday, Binance launched two new meme coins: $ACT and $PNUT.
Interestingly, the market caps of these two coins are relatively low, especially for the largest centralized exchange globally. The launch of $PNUT is understandable, but $ACT has very little trading volume and various indicators are weak. Although many were surprised by $ACT's listing, some noticed that ACT rose over 2000% in 24 hours, setting a record for the first-day rise of newly listed coins on Binance, showing extremely high market enthusiasm.
At the same time, Binance co-founder He Yi stated on the X platform that the listing fees for ACT and PNUT are both 0, which indirectly indicates the importance of popular projects, especially meme coins with high community discussion and market caps below $100 million.
➜ $ACT
▶ MC: $519 million
▶ 24-hour trading volume: $1.416 billion
$ACT was originally a small player in the AI meme space, this AI + meme project has been mentioned multiple times in previous articles, I also bought some, totaling just 2 SOL in position, with a short-term surge of over 20 times!
$act buff is fully charged, today Sam is calling WLD, the AI sector is about to surge. And ACT is the only AI concept on Binance, combined with the high concentration of chips, its valuation is sufficiently low, possibly the lowest, and the potential space could be very large.
➜ $PNUT
▶ MC: $494 million
▶ 24-hour trading volume: $1.236 billion
This is a typical political meme project, frequently mentioned by Trump and Musk during its launch period, and despite the increase not being as large as ACT's, its overall market cap is nearly equal, with a maximum increase of nearly 4 times. After washing out, it should be exceptionally strong. It is expected to promote relevant animal protection legislation, with Trump and Musk specifically retweeting, capturing traffic from key election events.
➜ $DOGE
▶ MC: $60.447 billion
▶ 24-hour trading volume: $32.062 billion
$DOGE is rising strongly, and $DOGE may surpass all mainstream coins in the coming weeks or months. Focus on $DOGE on the mainnet and secondary dog-themed Memecoins.
Everything is ready. Doge will outperform last round! The first target is $1.
-Elon Musk concept
-Government efficiency department (D.O.G.E) narrative
-X payment potential benefits
Heavily invested and optimistic about this opportunity.
Currently, there are potential speculative narratives in the market.
In contrast, the AI sector, which performed strongly at the beginning of the year, has yet to see significant gains. The previously popular sectors such as Gamefi, NFT, and modularization are still stagnant. Before the altcoin surge, which sectors and assets are worth noting?
AI - This round mainly revolves around speculative narratives, with a high return on investment.
- $TAO: As an AI project supported by strong investment institutions like Polychain and DCG, Bittensor has attracted much attention and is regarded as a leading project in the AI sector. Although it has seen some rise, it is still at a relatively low position.
-$NEAR: In addition to AI and modular narratives, NEAR is also at the forefront of chain abstraction. Chain abstraction is expected to take over the momentum of modular narratives.
-$QUIL: Decentralized computer concept, launched in June of this year, currently has a market cap of only $111 million.
SOL ecosystem - Apart from Memecoins, the ecosystem remains bright.
-$JUP: Solana DEX aggregator, can serve as leverage for betting on the SOL ecosystem.
-$JTO: Currently, market cap is $400 million, providing liquidity staking services. The re-staking sector on the SOL chain still has speculative expectations, and the Solayer re-staking invested by Binance has yet to issue tokens, with other re-staking projects also continuously laying out on SOL. Since being listed on Binance, its price has remained relatively stable, with a small decline, providing good odds.
-$TNSR: Solana NFT trading market, NFTs have hardly welcomed a spring this round, remaining at a low position.
RWA - Institutions entering the market, with the hope of significantly integrating crypto assets into the real world after Trump takes office.
-$ONDO: Large unlock will not occur until 2025, while current trading volume is also gradually rising, and the investment background is relatively good.
-$SKY: Established DeFi project, stable coin price, solid fundamentals, value coins returning to investment targets.
-$ENA: Stablecoin project, with the increase in the cross-border payment market for crypto stablecoins, it will receive higher valuations in the future. It is also listed as an investment target under consideration by Grayscale. The strong reversal of the market, along with the rise of the DeFi sector, has also led to an increase in the APY of USDe farming, reaching annualized returns of 66% - 114%, showing signs of stepping on both feet.
Re-staking - Currently at a low market cap, ETF re-staking has potential for speculation.
-$EIGEN: Re-staking leading assets.
-$PENDLE: The project team continues to make efforts, launching RWA partitions, with the related asset TVL exceeding $150 million.
In addition, narratives around chain abstraction and intent concepts may usher in a new wave of speculative frenzy. As on-chain activity rebounds, on-chain DEX and launchpad platforms are also worth noting.
The crazy altcoin season is upon us, and most tokens will rise, the difference lies in how much they rise, some tokens can rise 2x, 5x, or 10x, while others can rise 100x or even 1000x.
The market is soaring, a correction is definitely coming.
The current trend of altcoins is more about advancing 3 and retreating 2, or advancing 3 and retreating 1, with the bottom gradually rising.
If there is a correction, remember, it's just picking you up! If there's a correction, go all in! Don't hesitate, don't be afraid, in the coming months, altcoins will rise to the point of dizziness! Contact Wei: xy368975