How to Identify the Best Entry Points in Memecoins #MarketDo | Bluechip on Binance Square

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How to Identify the Best Entry Points in Memecoins#MarketDownturn #Binance 

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What happened in Crypto the last 12hrs...? 1. Ripple announces first tokenized Money Market fund on $XRP Ledger 2. pumpdotfun disables livestream feature "indefinitely" until staffing and moderation can appropriately deal with volume following nefarious content 3. Justin Sun becomes $WLFI whale with $30M purchase of Trump-backed crypto project 4. phantomWallet announces support for base network tokens Price Movement 📈 $BTC $93,642.95 -5.08% 📈 $ETH $3,420.64 +0.43% 📈 $SOL $234.97 -8.43% 📈 $LDO +16.6%

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Today's $ETH vs $BTC

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Looks like the market is showing early signs of altseason: - Altcoins have started to show strength - $BTC dominance is trending downward - Normies are buying highcaps from 2017 The market is becoming increasingly euphoric, leading to heightened anxiety over even minor declines. What does this mean? During every minor shakeout, many will sell altcoins to secure profits, allowing the market to weed out weak hands (it's good). Think $BTC will slow down after today's $95,000 drop, as I saw a clear overflow of money into altcoins today, evidenced by $ETH's performance. Accordingly, we can forget about $BTC for a couple of weeks, it will be a saw in the $90-$100k zone. ➜ Focus should be on alts and BTC dominance. There is a very high probability that in the next few days we will see a strong pump on many altcoins. But will this be the massive altseason? - It's hard to say for sure, but I'm considering the possibility that the full-scale altseason might not begin until the end of January. But I'm holding my positions, and it's too early to discuss selling. remember what I said in 10 November 2024👇 The market is becoming euphoric, yet most people remain bearish. #MarketDownturn

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How to Find the Next $10B Cult Memecoin Early #MarketDownturn #BinanceSquareFamily

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SOLANA'S SOL SURGES TO RECORD HIGH OF $264: POSSIBLE REASONS - Solana’s $SOL token surged to an all-time high of $264.31 on Nov. 22, marking a significant recovery. Possible Reasons: - Big players like Bitwise, VanEck, and 21Shares are moving towards spot Solana ETFs, creating optimism in the market. - Solana’s decentralized finance (DeFi) ecosystem has grown by 500% this year, with $8.9 billion in total value locked. - With Pumpfun, a wave of memecoin speculation has boosted $SOL, thanks to its low cost and easy minting process. - Crypto markets are rallying on the back of a friendlier regulatory environment under President-elect Donald Trump, alongside the resignation of SEC Chair Gary Gensler. - After the FTX collapse in late 2022, SOL dropped to under $10. However, it has risen by 360% in the past year. #MarketDownturn #Binance

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