After Bitcoin broke $100,000, the crypto market quickly bets on the arrival of Altcoin Season, with funds starting to return to the NFT market, stimulating multiple NFT projects to show signs of recovery. The Pudgy Penguin NFT's floor price surged over 55% in a single week, while Mocaverse's floor price broke through 2.9 Ether.
Currently, the Pudgy Penguins' floor price has surpassed 32 Ether, reaching approximately $122,000, once again setting a historical high.
If Abstract Chain also participates and provides token distribution for the Penguin community, the PENGU airdrop is expected to become one of the biggest airdrop events in 2024 after HYPE.
It's not just the fat penguins soaring. According to OpenSea data, the well-known NFT series Mocaverse recently broke a floor price of 2.9 Ether, approximately $11,860, with a daily increase of 79%. The floor price peaked at 3.49 Ether, which has garnered significant market attention.
However, it is important to note that historical experience from the NFT market shows that NFT prices may experience a short-term drop after completing an airdrop. This volatility is a common phenomenon in the NFT and cryptocurrency markets.
What coins should I buy next at the bottom???
RWA sector:
Leading ondo, I have always recommended this. It has a good chance to rise to $5 in the long term, along with some small coins like rio, lto, rsr, etc.
AI sector:
Leading RENDER, wld, arkm, lpt, etc. have all dropped and are mindlessly adding positions; AI will definitely produce many hundred-fold coins. Right now is definitely still early. Looking long-term, RENDER will be at least $50, with market cap entering the top 20; wld $30, arkm $28 for a hundred-fold bet, lpt video AI, betting on breaking the historical high of $100.
GameFi:
Currently, only ygg and BIGTIME seem okay.
Meme:
After pepe's several thousand-fold increase, it quickly went to Binance, consolidated for about 300 days, and then surged tenfold. This indicates that the meme sector is still very strong, and I remain optimistic about the future market. I recommend dogecoin (doge), which had a peak market cap exceeding 500 billion RMB. I believe Elon Musk, and NERIO could be the next pepe. Holding these two along with pepe could be a good idea; I personally think there is long-term potential for five-fold increases.
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