Last weekend, Musk posted two interesting pictures on social media, one of a dog running in the city and the other of him riding a pony. The release of these two pictures caused a stir in the MEME sector, with Babydog’s daily increase reaching 90%, Doge also slightly rising, while PEPE reached a historic high at night.
The entire market is experiencing a small climax, this is Musk's power.
Future certain positive events for the crypto circle:
Next, January may see a large influx of funds into the market, starting with the FTX compensation issue, expected to compensate 98% of small retail investors in December, about 1.1 billion USD. Then, in the first quarter, large amounts of funds will continue to be compensated, totaling between 13.4-15.2 billion USD, and these compensations will likely occur in the form of USDC, equivalent to injecting massive liquidity into the market. This influx of funds may provide strong support for Bitcoin prices.
Additionally, in January next year, Trump will be in office, and the SEC chairman will change, which may bring more policy support to the market.
Yesterday, the US Treasury also declared Bitcoin as digital gold; the entire American political environment, from the bottom to the top, from retail investors to the top rule-makers, cryptocurrencies have become thoroughly politicized.
Amazon shareholders are urging the company to explore adding Bitcoin to its treasury. Tomorrow is Microsoft's result, followed by Amazon, and then Apple? Many listed companies will start to follow suit, and the madness of the bull market has just begun!
It's just beginning now. Looking to the future, Big Brother and Auntie will both show a wide fluctuation upward trend.
The altcoin market has detached from Bitcoin's trajectory, entering a true 'altcoin season'. This month, the altcoin market may fully explode, with potential for significant increases across various projects.
Grayscale announced the latest holdings of the Grayscale DeFi fund: $UNI, $AAVE, $MKR, $LDO, $SNX. Among them, Uniswap (UNI) occupies the largest holding with a weight of 58.07%.
What we need to do next is: a mad bull background, liquidity focus, choose a track, and catch the leader.
How to select quality altcoins
Narrative:
Taking MEME as an example, although people, doge, and floki are all established MEMEs, people have a smaller increase, while doge and floki are seeing crazy rallies. Doge and floki, due to Musk’s mention, have attracted traffic and funding injections, leading to market speculation and naturally favorable prices.
Project community team operation:
The community team actively creates narratives or promotes processes, for example, after listing on Binance, it expands to platforms like CB, Bithumb, Upbit, etc.
Strong market makers:
Supported by strong market makers. Meeting these conditions makes valuation and growth potential more promising; otherwise, it is limited. This principle also applies to public chains, gaming, DeFi, and other sectors, after all, any coin's speculation relies on traffic and funding.
This round of targeted liquidity injection focuses on American projects and ETFs, with memes taking on the overflow of liquidity, and weekend gains can prove this.
PEPE officially breaks through a market value of 10 billion USD
During the last cycle when Doge broke 10 billion, the market atmosphere was extremely enthusiastic, Musk changed his signature to Dogecoin CEO, promoting it daily; Bao Er Ye was shouting all in on Clubhouse for 24 hours.
In contrast, this time Pepe's breakthrough seems calm and natural; you can't see the big waves, but the water level keeps rising.
Decentralized degen power, the people's PEPE.
PEPE has reached a new high, a new member of the 10B family; will it drive the MEME all-stars of the first half of the year to speculative heights again? Or will simply Robinhood combined with CB be the new market speculation direction?
There are just too many MEMEs, and for retail investors, it’s best to hold onto your own BAG. After all, I find this rotation hard to grasp... there are too many angles, for example, PEPE is a big frog, turbo is a small frog combined with CB... frequently switching vehicles may not yield better results.
ETH and SOL are poised to take off, ready to rally at any time! The first tier meme coins: DOGE, PEPE, PNUT, ACT, etc., flying up is just a matter of time. So we still need to pay more attention to the meme sector series.
MEME Leader:
Elon Musk Series: DOGE, shib, puppies
Vitalik MEME Leader: NEIRO
Religion + Mascot: LUCE
Politics + Animals: Pnut
Art + Fruit + RWA: Ban
AI MEME: GOAT, ACT, ai16z
Animal MEME: MOODENG
CULT MEME: SPX
BSC Ecosystem: KOMA, Cheems, WHY
Frog MEME: PEPE
Artist MEME: BOME
CTO * Community takeover: kheowzoo
DeSci Decentralized * Science: RIF, URO, sci-hub
Personally optimistic about $DOGE, $PNUT, $NEIRO
$DOGE: Musk is fully supporting it, the department's abbreviation changed to (D.O.G.E). It has active trading, good liquidity, and stable trends, with a high chance of an explosive rise next month.
$PNUT: Pulling 10 points from Doge can double the squirrels, $PNUT is the meta-meme hero born in this cycle
Moreover, politics and Musk repeat concepts
Saving the American squirrels, which may be one of the biggest surprises in this bull market.
$NEIRO: Doge's successor Neiro also has a good chance of being listed on the American version of C, as he has already been listed on his international version.
