In summary, each round of a bull market has some common characteristics:
1. In the early stages of a bull market, Bitcoin gradually rises, standing out and driving Ethereum up. At this time, some good mainstream coins follow suit, while other coins slowly increase, with a few altcoins skyrocketing. This round, like the meme and AI sectors and the Solana ecosystem, most altcoins are relatively quiet.
2. In the mid-bull market, Bitcoin and Ethereum are oscillating upwards, mainstream coins are starting to rise significantly, and many altcoins are beginning to take off slowly.
3. In the later stages of a bull market, Bitcoin may fluctuate downwards, while Ethereum, as the leading altcoin, could continue to rise, with mainstream coins following suit. The next round of bull market may see high-flying altcoins skyrocketing several times, even dozens or hundreds of times.
So, what stage are we in now? It is clear that we are transitioning between the first and second stages. Many people holding valuable coins may not be able to outperform Bitcoin or Ethereum, or even Dogecoin and Frog tokens, with some even doubling. This causes anxiety, leading to panic buying and selling, frequent portfolio changes, and one misstep after another. The end result is that although we have experienced a bull market, others have made substantial profits while we are left with significant losses. What I want to tell everyone is that this is normal; it happens in every bull market. Choose your targets wisely and hold on! Don't switch vehicles; fortunes turn, and there will always be a time for it to shine!
Buy the dip on three altcoins that could increase 100 times in the future!
1. RAY
Raydium is a decentralized automated market maker (AMM) and liquidity provider based on the Solana blockchain, offering fast and low-cost trading. The company was recently listed on the well-known South Korean cryptocurrency exchange Bithumb, driving its price up by 10%. Raydium's current price is $5.90, with an intraday increase of 6.04%.
In the past 24 hours, the price has fluctuated between $5.73 and $6.49, with a trading volume of $214 million and a market capitalization of $1.7 billion. Additionally, the price is far above the 200-day simple moving average of $0.296, with a deviation of 1,961.27%, indicating strong upward momentum over time.
Raydium has shown a positive price trend on 16 out of the past 30 days, with a success rate of 53%. Its high liquidity further solidifies its position in the market relative to its market capitalization.
The recent increase in trading volume has driven prices up, highlighting good market sentiment. If the current trend continues, Raydium may approach the $7.00 mark, but this depends on its continued adoption and performance in the broader cryptocurrency market.
2. PEPE
PEPE has recently performed outstandingly, reaching an all-time high of $0.00002524 on November 14, before falling back to $0.00002026, down 5.87% in the past 24 hours. With the 50-day moving average breaking above the 200-day moving average, the token has recently surpassed a key technical milestone, which is often seen as a sign of potential bullish momentum.
In the past month, PEPE's price has risen 15 times, with steady increases for half of that time. The Fear and Greed Index shows extremely high greed levels, scoring 94, highlighting strong positive sentiment. However, the 14-day Relative Strength Index is at 42.74, indicating that the token is neither overbought nor oversold, and may consolidate in the short term.
Meanwhile, the 24-hour trading volume to market cap ratio is 0.3678, indicating moderate liquidity. Community interest in meme tokens remains high, as reflected in trading activity and price volatility. Although the token shows potential for further fluctuations, its current indicators suggest a mixed outlook.
3. AAVE
Aave is considering integration with the Bitcoin Layer 2 network Spiderchain developed by Botanix Labs. This proposal aims to connect Ethereum's DeFi ecosystem with the Bitcoin network, creating opportunities for users in both communities to engage in new financial activities.
Spiderchain focuses on attracting Bitcoin investors, especially those exploring on-chain trading for the first time. By integrating Aave's lending and liquidity services, the plan allows Bitcoin holders to access decentralized financial tools without leaving their ecosystem. This approach has the potential to bridge liquidity from Ethereum to Bitcoin, encouraging interaction between the two networks.
This collaboration could also expand Bitcoin's applications in DeFi while demonstrating how blockchain platforms can work together. However, this integration needs to address challenges in technology, security, and adoption to ensure trust and functionality within the ecosystem.
The native token of the protocol, AAVE, is currently trading at $178, well above its 200-day simple moving average of $78.04. This performance reflects strong market liquidity and interest.
