How to take profits and escape the peak of altcoins:
First, look at expectations and market value. For example, if you expect that the meme track will have a new market value of 10 billion this year, then you should not frequently trade the currency you bet on, and you don’t need to frequently check the market. Hold on to it and then see if your currency has this potential during the overall market madness. If it really doesn’t have this potential, don’t hold on to it, because it means you made a mistake, just throw it away. Misjudgment is normal, learn to accept it;
Second, look at the shape and structure. For some old secondary stocks, if they are neither popular tracks nor new hype topics, then the probability of their rise is 1. following the market, or 2. the main funds have completed the accumulation of chips at the bottom and released them when they are raised. At this time, it is necessary to sell them according to their shape and structure;
Third, look at the track, the main story and the side story. The main storyline coins will have several waves of pull-ups and then reach the top; the side storyline is often a wave; Fourth, look at the market. Bitcoin is the direction of the currency circle, and the US stock market is the leader of the big pie. Their trends are determined by the overall economic environment and macro policies. In the bull market, we must maintain sensitivity to possible turning points.
Explosion in the next few months! These 4 100x cryptocurrencies may lead the market surge!
TRU
TRU's current market value is only US$180 million and is in full circulation. Recently, TRU's trading volume has begun to gradually increase, showing that the market's attention to the project is increasing. TRU has significant advantages in the field of DeFi and encrypted finance, and its innovative financial products and efficient on-chain solutions may bring it a huge market share.
The current price pullback to around $0.14 provides a good buying opportunity, and investors can intervene in moderation and set a stop loss below the key support level. TRU has the potential to become a project with amazing growth in the future, and investors should pay attention to its long-term growth trend.
PENDLE
PENDLE is a rising star in the DeFi field. It has recently launched new developments, especially the upcoming release of its V3 version, which has further increased the market's attention to it. PENDLE's TVL and revenue continue to increase, and in the bull market, powerful DeFi applications have a strong ability to make money.
Especially driven by the RWA narrative, PENDLE will continue to benefit from the compliant and open crypto market. As the global regulatory environment becomes clearer, PENDLE is expected to usher in stronger market demand. At the same time, the team has performed well over the past year, and the price of the coin has also risen steadily, and there is still huge room for growth in the future.
ABOUT
OM is an L1 blockchain project focused on real estate tokenization, dedicated to promoting the digitization of real estate assets. OM has made some progress in the real estate sector in cooperation with Dubai's MAG Group, and has improved the transparency and efficiency of the real estate industry through blockchain technology.
With the continued increase in whale investors, OM's market sentiment is bullish and may usher in greater capital inflows in the future. OM's long-term potential is not only reflected in its innovative technology applications, but also in its in-depth layout in the RWA track. If real estate tokenization becomes one of the hot spots in the future crypto market, OM will likely increase in value significantly.
HBAR
Hedera (HBAR) has seen impressive growth recently, with its price increasing by 50% in the past 24 hours. Currently, HBAR price is $0.32489. The coin has surged 172% in the past week, making it one of the best-performing coins in the cryptocurrency market. This significant growth makes Hedera one of the top altcoins to consider, with the potential to achieve 10x gains by the end of 2024.
Hedera’s recent surge in price could be indicative of broader bullish momentum. The token is steadily approaching its all-time high of $0.5701 set in September 2021. The price is currently 36.99% below the peak, and many analysts believe that the network’s continued development and adoption could propel Hedera to new heights in the near future.
