Under the dual pressure of strong economic data in the U.S. and a weak bond market, expectations for the Federal Reserve (Fed) to cut interest rates this year are facing unprecedented challenges. On Thursday, U.S. stocks halted trading in remembrance of Carter, but the 24/7 cryptocurrency market could not escape the pressure. As investors anxiously await Friday's employment data, the price of Bitcoin plummeted to a new low in over a month.

On the eve of the U.S. non-farm payroll report for December, Bitcoin faced selling pressure again, dropping over $2,000 early today (10th), but then the decline moderated, maintaining a level above $91,000, with a minimum drop to $91,250.

This wave of selling has undoubtedly cast a shadow over the cryptocurrency market, which had just experienced a strong uptrend at the end of last year. At that time, due to Trump winning the November U.S. election, the market was filled with expectations of friendlier regulatory policies, driving cryptocurrency prices to soar.

But you should know that whether it's BlackRock or MicroStrategy, they are continuously buying regardless of the cost because from the perspective of the leaders, the game has just begun, and some consensus within interest groups is something we ordinary people cannot glimpse, but we only need to know from their actions that the game has just started.

Let me give an analogous example; friends who have traded gold should know that after the gold price peaked in 1980, it maintained a fluctuating downward trend for over 20 years, remaining lukewarm with little price volatility. After BlackRock launched the gold spot ETF in 2003, the gold price has increased nearly tenfold by this year, rising for 20 years.

The performance of American power in cryptocurrency has only just begun, and we have a long way to go. In the coming years, my investment direction in cryptocurrency will mainly focus on Bitcoin and the previously mentioned compliance tokens from the U.S.

Four altcoins that could potentially increase tenfold.

1. SUI

Sui aims to support widespread adoption by providing developers with a secure and scalable environment. It introduces an object-centered data model and uses the Move programming language to address common inefficiencies in existing blockchains. These features are designed to make the platform efficient and user-friendly.

Recently, the total locked value (TVL) in Sui's DeFi ecosystem reached $2 billion, reflecting growing confidence in its applications. The price of the platform's native token, SUI, hit an all-time high of $5.35, indicating strong market interest. The outstanding contracts for active investments have climbed to $1.47 billion, suggesting increasing liquidity and participation.

Furthermore, the trading price of SUI is 74.19% higher than its 200-day simple moving average (SMA) of $2.63, indicating long-term strength. Compared to its initial token sale price, its performance is also commendable. Supported by its market capitalization, its liquidity remains high.

The fear and greed index for SUI is 69 (greed), indicating a positive market sentiment. The 14-day relative strength index (RSI) for the token is 55.90, which is neutral. This suggests that the price is neither overbought nor oversold, and sideways movement may continue. These indicators reflect a balanced market position without obvious extremes.

2. KAS

Kaspa is a cryptocurrency that uses proof of work (PoW) to ensure network security while utilizing the GHOSTDAG protocol to process blocks quickly and efficiently. Unlike many traditional systems, Kaspa can achieve a high block rate without sacrificing the security associated with PoW. Currently, the network produces one block per second, with plans to expand to ten or even a hundred blocks per second.

Recent upgrades have focused on improving scalability, transaction speed, and overall usability. These changes include faster block production, protocol improvements, and integration of smart contracts. These updates aim to make Kaspa more efficient and easier for developers to use while supporting its broader adoption as a blockchain infrastructure solution.

The economic and operational dynamics of the network may change with the upcoming hard fork, which could affect transaction processing, mining rewards, and network usage. The price of Kaspa is steadily increasing, currently trading at $0.1149, up 2.67% in the past 24 hours.

The stock's performance is far above its 200-day simple moving average of $0.063593, reflecting strong liquidity. The 14-day relative strength index (RSI) is 54.20, indicating a neutral market condition, with potential for sideways consolidation in the short term.

3. HNT

HNT is a blockchain platform specifically designed to provide high-speed, low-cost transaction capabilities for IoT (Internet of Things) applications. One of its main advantages is scalability, allowing the network to efficiently handle the growing number of connected devices without compromising performance. Additionally, Helium's interoperability with other blockchains enhances its global accessibility and compatibility, making it an attractive choice for IoT innovation. The platform also places a strong emphasis on sustainability, ensuring that its solutions are energy-efficient and environmentally friendly.

The price of Helium is $5.74, having dropped over 2% in the past 24 hours. The network has a market cap of $1 billion, and Helium’s scalability ensures it can support the continuous growth of IoT devices and transactions without sacrificing performance. Its compatibility with various blockchain platforms promotes seamless integration and enhances global accessibility. Furthermore, its commitment to sustainability highlights its role as a forward-thinking and environmentally conscious network. These features, along with its adaptability to market volatility, make Helium a powerful and innovative solution for global IoT connectivity.

4. DOGE

Market activity for Dogecoin (DOGE) is increasing with transactions from whales. The surge in trading volume exceeding $100,000 indicates growing interest. With changes in market dynamics, this trend could signal a potential price increase.

Historically, January has been a favorable month for Dogecoin, with an average return of 85%. However, the exceptional performances in 2014 and 2021 brought returns of 250% and 700%, respectively. Its median performance in January is 5%, second only to October's 8%.

The futures market also set a new record, with open interest reaching 10.35 billion DOGE, surpassing the previous high of 10 billion set in March 2024. The increase in open interest reflects unsettled derivative contracts, indicating new capital entering the market. This development aligns with technical indicators such as the 50-day simple moving average (SMA), suggesting a bullish trend. Analysts predict a short-term target price of $0.50, but compared to the rally in November, Coinbase's trading volume remains low, indicating that the resistance level of $0.40 may persist.

Looking ahead, some predict that Dogecoin may reach $1 by 2025, significantly up from the historical peak of $0.70 in 2021. This would bring its market cap to $100 billion. However, these predictions rely on sustained market interest and wider adoption.