Family, today I'm sharing two key points.
Key Point 1: Are you ready to embrace the future of Dogecoin? What exactly has happened?
Key Point 2: Bitcoin returns above 100,000! A good opportunity to accumulate during dips! These 4 altcoins have the potential to explode 650 times!
Family, hurry up and like, follow, and save to reveal each one to you.
Recently, the Dogecoin community exploded with excitement when one of its founders, Billy Markus, revealed on the X platform that Dogecoin would undergo deflation! This news has caused quite a stir in the crypto space. Although the news has not yet been officially confirmed, its potential and the market's reaction cannot be underestimated.
Deflation plan: making Dogecoin more valuable.
Deflation, simply put, is to enhance the purchasing power of money. For example, you used to need 10 yuan to buy a small cake, but after deflation, you only need 5 yuan to buy the same cake. Deflation means there is less currency circulating in the market, making the remaining currency more valuable.
According to Markus, Dogecoin developers plan to achieve this goal by modifying the code. Specifically, developers will submit key changes on GitHub, but whether this decision takes effect still requires the agreement of community members and miners. This plan will directly impact Dogecoin's market circulation and price.
Currently, approximately 146.78 billion Dogecoins are circulating in the market, with 5 billion new coins added each year. Unlike Bitcoin, which has a fixed total supply, Dogecoin's supply continues to increase. If deflation is achieved, it means Dogecoin will transition from 'abundant' to 'scarce,' potentially driving prices higher.
Musk's major actions: Twitter payments and the future of Dogecoin.
As Musk takes over Twitter and gradually pushes for major reforms on the X platform, the crypto community's focus has shifted to whether Dogecoin will become part of the X payment platform. The X payment platform is expected to launch in 2025, and Dogecoin seems to have a significant possibility of being used as a payment method.
Musk has repeatedly expressed the desire to transform Twitter into a super app similar to WeChat Pay, and Dogecoin has already been applied to tipping features on Twitter. Therefore, the possibility of Musk supporting Dogecoin as part of X payments is very high.
Especially considering Musk's admiration for Dogecoin—he even changed Twitter's logo to Dogecoin's symbol and supported using Dogecoin to pay for goods in Tesla and other companies. Coupled with his other actions on Twitter, Dogecoin's future looks promising.
Musk's influence and his inclination towards Dogecoin are likely to drive Dogecoin's price to soar again, with increases of 50% or even 100% possible. If the X payment platform indeed supports Dogecoin when it launches, Dogecoin's price may see new breakthroughs.
Dogecoin market phenomenon: whale movements and strong expectations.
Recently, another highlight in the Dogecoin market has been the actions of the 'whales.' According to monitoring data from Whale Alert, on December 27, a whale purchased a large amount of Dogecoin with $90 million; and on December 31, another whale entered the market again, bottom-fishing 300 million Dogecoins worth over $96 million.
These large capital flows indicate that bullish sentiment in the market is rapidly rising. Moreover, in the transfer of 399,999,999 Dogecoins, a portion of the funds flowed to a mysterious wallet, sparking great curiosity among investors and market analysts.
Interestingly, the value of this massive asset has approached $145 million. So, who is the mysterious figure quietly positioning Dogecoin at this time? The market's potential and future direction seem to fill all investors with anticipation.
Trump's presidency and future expectations for Dogecoin.
With Trump expected to take office on January 20, 2025, there are high hopes for Dogecoin's performance. Whether the deflation plan is implemented or not, Musk's ongoing support and the continuous layout by large whales make Dogecoin's future full of infinite possibilities.
Assuming the X payment platform goes live on schedule and supports Dogecoin payments, Dogecoin may not only become a means of payment but also a broader asset application tool in the future. This makes Dogecoin's target prices of $0.48 or $0.70 the focus of market attention.
Buying high and selling low: Swing trading Dogecoin.
From an investment perspective, Dogecoin investors may consider holding and observing until January 20. At that time, the market may experience a wave of speculative excitement, and regardless of price fluctuations, a strategy of buying low and selling high can be achieved in the short term.
However, as the market's enthusiasm gradually fades, especially in the weeks following Trump's inauguration, Dogecoin may experience a wave of correction. Therefore, investors should adjust accordingly based on market trends and seize swing trading opportunities.
Future Outlook: Dogecoin and
Future Outlook: The potential of Dogecoin and the TITS project.
In addition to the X payment platform and Musk's support, Dogecoin's future may also be closely tied to the TITS (The Internet Token System) project. Musk has stated on the X platform that he supports the establishment of the TITS project and believes the timing is right.
If the TITS project is successfully implemented, Dogecoin could become its important payment currency, bringing new application scenarios and value enhancements for Dogecoin. Currently, Dogecoin's market prospects are also receiving immense attention and investment enthusiasm.
The future of Dogecoin is in your hands.
Overall, the future of Dogecoin is filled with infinite potential. Whether it is the implementation of the deflation plan, the X payment platform promoted by Musk, or the layout by large whales and the TITS project, Dogecoin seems to be on the cusp of unprecedented growth opportunities.
Investors should closely monitor the market dynamics of Dogecoin and seize every opportunity. In the coming months, with Trump taking office and the launch of the X payment platform, Dogecoin's performance is likely to be remarkable.
Bitcoin returns above 100,000! A good opportunity to accumulate during dips! These 4 altcoins have the potential to explode 650 times!
Some important news:
1. MicroStrategy invested approximately $101 million to acquire an additional 1,070 Bitcoins.
2. According to Binance's announcement, the Solv Protocol MegaDrop event has now begun. It is reported that Binance will launch SOLV and open trading on January 17 at 18:00.
3. Last week, the supply of Ethereum stablecoins increased by $1.11 billion, and Solana increased by $202 million. Bitcoin has brought the entire market a continuous slight rise over nearly a week, and everyone's confidence is growing. Whether mainstream coins or altcoins, they are quietly rising. Have you seized the opportunity? I see many friends who have been observing and ended up missing good opportunities. Now, should you chase in? Investment carries risks; enter the market with caution. I wish everyone can make big money!
Personally, I predict BTC will fluctuate between 99,000 and 103,000; this phase is about laying a solid foundation. If you don't have a position now, don't impulsively chase the highs. Stay steady and accumulate during dips. Today's BTC technical analysis shows that on the 1-hour chart, it is bearish, on the 4-hour chart, bullish, on the 12-hour chart, bullish, and on the daily chart, bullish. Intra-day resistance is at 104,000, and support is at 100,000 USD.
Let's talk about BNB again; I estimate it will consolidate between 690 and 730. The new MEGADROP event has been launched, and participating might yield unexpected results. If we catch the next LAUNCHPOOL, breaking 730 for BNB could happen in no time!
Lastly, let's talk about ETH, which is expected to fluctuate between 3,550 and 3,800, showing a strong trend. Moreover, institutional holdings are continuously increasing, which indicates something. So, if you have ETH, hold onto it.
These 4 altcoins have the potential to explode 100 times! 1. BIO
The BIO protocol, as a revolutionary financial layer in the decentralized science (DeSci) field, is making waves. BIO aims to accelerate the commercialization of breakthrough scientific research and is a platform for anyone to fund, develop, and manage tokenized scientific intellectual property (IP) from universities, companies, and researchers worldwide. According to its official website, the project aims to drive biotechnological innovation through decentralized funding and coordination, earning the title of 'gateway drug' for DeSci.
BIO's trading price is 501,337.99% higher than its 200-day simple moving average (SMA) of $0.000146, highlighting significant growth since its launch. Although these numbers are impressive, the current price prediction sentiment for BIO remains bearish. However, the fear and greed index shows a score of 76 (greed), reflecting increased trading activity and growing market optimism about potential upward trends.
To further promote this development momentum, Binance recently launched the BIO Protocol on Launchpool, which is its 63rd project. Launchpool is a platform aimed at supporting innovative projects in emerging fields like DeSci. The mining period for BIO started on December 24 and will last until January 2, 2025. Binance users can participate in this groundbreaking program by staking tokens and earning rewards.
2. PEPE
The potential of PEPE lies in its strong community and ambitious roadmap. The plan includes making $PEPE a trending topic on Twitter, ensuring its listing on centralized exchanges, and ultimately achieving 'meme supremacy.' While it does not offer groundbreaking technology, its appeal reflects the viral nature of internet culture.
In the current market cycle, many people are focused on the upcoming Bitcoin halving and hope for a bull market. PEPE stands out by capturing the spirit of the moment. Its rise reflects the growing trend of memes meeting money, where community sentiment can propel the token to astonishing heights. Compared to other meme coins, PEPE's transparency and direct approach make it a noteworthy participant in this vibrant corner of the cryptocurrency world.
3. GLM
Golem stands out with its decentralized architecture, achieving parallel processing by distributing tasks among multiple providers. This significantly improves efficiency and accelerates complex computations. By democratizing access to powerful computing tools, GLM has the potential to revolutionize industries that rely heavily on computation. GLM has shown stable performance in recent months, with prices increasing by approximately 11% in the past week. The project continues to develop its network and expand use cases, aiming to capture a larger share of the decentralized computing market.
As of January 5, 2025, GLM's trading price is approximately $0.425 per token. The 24-hour trading volume is about $19.26 million, indicating active trading and strong liquidity. Its circulating supply is around 1 billion, with a market capitalization of approximately $425 million. GLM provides innovative solutions to the limitations of traditional cloud computing through a decentralized network, and its unique task distribution method positions it as a potential disruptor across various industries.
4. BNB
BNB is the native cryptocurrency of the Binance ecosystem, launched as an ERC-20 token in June 2017. It is applicable on the Binance Chain and Binance Smart Chain, supporting fee payments, token creation, and asset transfers. BNB supports smart contracts using proof-of-stake authority, allowing users to earn rewards through staking.
In addition to blockchain transactions, BNB also offers fee discounts on Binance.com and is used by various third-party services. The supply of BNB is gradually reduced through quarterly burns, aiming to halve the initial supply of 200 million to increase its value. With its wide applicability and continuously decreasing supply, BNB has potential attractiveness in the current market cycle.
Thank you for watching. If you found it helpful and inspiring, feel free to like, follow, and save. See you in the next video.
