👀Discussion on the Possibility of DOGE as a Long-term Investment Option
Let’s imagine, if back in November 2014, ten years ago, you invested 1000 dollars in DOGE, that investment would now have grown to a staggering 1.59 million dollars. This means your investment portfolio has achieved an increase of up to 159,531%, such an astonishing return rate is truly remarkable.
DOGE can indeed be considered one of the most successful cryptocurrency projects in the market. Since its inception, it has gone through 11 years of development, achieving extraordinary results during this period. Since its launch, DOGE’s price has consistently maintained a significant upward trend. Early investors who made small investments could easily reap profits of millions of dollars, such a wealth effect is almost legendary.
Take the bull market of 2021 for example, during which DOGE's price soared like a rocket. And in the current bull market, we are also witnessing another substantial price increase.
It is particularly noteworthy that, with the impending return of Trump's administration, DOGE is likely to experience unexpected massive growth in the coming years.
Elon Musk is expected to gain the president's attention, after all, he proposed establishing a Department of Government Efficiency under Trump’s leadership and intends to head this new department. This series of actions could very likely lead to a sharp increase in DOGE's price.
In the current market, established altcoins are experiencing a rebound, while public chains and MEME coins are showing positive development trends.
Established Altcoins: Although XRP, LUNA, ATOM, and other established projects have seen short-term rebounds, due to low market attention, the sustainability of these trends is uncertain, and they may face correction risks in the short term.
Public Chain Sector: SOL is gaining momentum with a significant price increase, and its ecosystem's RAY and DRIFT have also strengthened, becoming highlights in the public chain sector.
MEME Coin Sector: MEME coins such as PNUT, BONK, and BANANA have performed outstandingly. Among them, PNUT rose due to Musk mentioning squirrels on Twitter again, while BONK benefited from BonkDAO's plan to destroy one trillion BONK coins before Christmas in December, raising market expectations.
Primary Market: The DeSci sector has been very popular lately, with projects like RIF, URO, SCI, VITA all rising. The popularity of this sector stems from the subsequent hype following Binance's investment in Bio, similar to a16z's bet on AI MEME projects GOAT and ACT. The potential for Binance to launch related projects in the future is worth continuous attention.
In the field of altcoins, some established projects like XRP, LUNA, and ATOM are gradually showing signs of catching up. However, given their relatively low level of attention in the market, these hotspots are likely difficult to maintain for an extended period, and a correction is probable in the short term.
In the public chain track, SOL has recently seen a rapid rise, and due to its ecosystem influence, RAY and DRIFT have also increased.
In the MEME coin sector, currencies like PNUT, BONK, and BANANA are on an upward trend. Among them, the rise of PNUT is attributed to Musk mentioning squirrels again on Twitter yesterday; the increase in BONK is due to BonkDAO announcing plans to burn one trillion BONK before Christmas in December.
In the primary market, the DeSci sector has been exceptionally hot recently, leading to continuous increases in currencies like RIF, URO, SCI, and VITA. DeSci is driven by the hype following Binance's investment in bio, and its logic is similar to a16z's investment in AI meme projects like goat and act, so it is possible that Binance may later list projects related to this sector.
Overall, SUI has performed quite well. If one had invested around 2.2 earlier, there would have already been a 75% increase by now.
Although it doesn't match the crazy surges of those meme coins, considering the long-term perspective, could SUI possibly become the dark horse in the public chain sector?
At least looking back at its past performance and combining it with the current situation, it indeed has considerable potential. In terms of ecological construction, whether in the gaming sector or the DEFI sector, it has shown strong development momentum. So in this bull market, could it have a chance to rise to 8u? This truly fills people with anticipation. #英伟达财报即将公布 #AVAX、ROSE、ADA大额解锁 #PNUT再次走高
After Musk called for PNUT, the price rose from 0.8 to 2.5, and then began to fall back. Because there were many chips accumulated at the bottom, many people did not hold on at a price of around 2, and they sold out.
Those who bought later were equivalent to "taking over" those who held high chips in the early stage, allowing them to sell smoothly. Since the high point of 2.5, PNUT has been in a state of correction.
This morning, it rose to 1.95 and then began to correct. It has now reached the 1.6 support level of the 2-hour line. If this support level is broken, it may face a larger correction, and the price may fall to 1.5 or even lower.
For this type of coin, you need to observe more, after all, the funds in and out of the Meme sector are very fast. The only uncertainty factor at present is that Musk may call for PNUT again, which may change its trend.
The Internet celebrity squirrel PNUT has caused a great sensation in the currency circle. Learn about the story behind it
It all started with an election. At that time, there was an Internet celebrity squirrel named peanut. Somehow, he was caught and dealt with by a big boss. Once the news spread, it instantly set off an uproar on the Internet, attracting widespread attention and heated discussions. Even Musk posted several tweets in succession, fiercely denouncing the government for corruption.
Unexpectedly, this squirrel later became a key symbol of a candidate's participation in the election, further exacerbating the dissatisfaction of many people with the current government. And Musk's support for PNUT is quite strong. He even directly claimed that a squirrel and a meme coin related to it can save the United States! Because of Musk's remarks, PNUT's status in the currency circle has risen rapidly, almost comparable to the popular DOGE at that time.
Just look at the current trend of PNUT, and you can feel the global attention it has received. For those large institutions or investors with a lot of money, there are not many investment options. BTC (Bitcoin), DOGE (Dogecoin) and PNUT can be said to be options that cannot be ignored. Each of them is of great investment value and should not be missed.
Looking back at the historical trends of DOGE and SHIB (Shiba Inu Coin), it is not difficult to find that the trend of PNUT is exactly the same as them, just like their replica.
DOGE's performance during the bull market was crazy. Each round of increase started at 10 times, and the market value soared from a mere 100 million US dollars to 100 billion US dollars.
SHIB is the same. Its price has been soaring all the way, and its market value has risen from the initial hundreds of millions of US dollars to tens of billions of US dollars. There has been almost no obvious correction during the period.
It can be seen that under the dual effects of the crazy bull market and Musk's strong influence, this round of PNUT's trend is likely to continue this crazy trend. What will be the result? Let's wait and see!
XRP's upward momentum and DOGE's counterattack are both reasonable and unreasonable.
The rationality lies in that they have been falling for too long before, and it is indeed time for them to rise. The irrationality lies in that the rise took a short time, but the amplitude was huge. In just one week, these old-fashioned currencies with a market value of hundreds of billions have doubled. Such a rapid pull is inevitably suspicious.
At present, from the perspective of the market, no obvious problems can be detected, but it is recommended that everyone must be on guard.
If you make money through system analysis, it is reasonable to continue this practice; if you rely entirely on feelings and luck to seize wealth opportunities, you must pay attention, after all, luck will always run out.
Every large-scale outbreak of sub-mainstream currencies is of great significance. Everyone must pay more attention to past market trends, which often have unexpected gains.
Solana (SOL) Breaks Crucial Resistance at $225 – Targeting All-Time High Next?!
Solana (SOL) has attracted market attention after several days of turbulence, finally breaking through the $225 mark and setting a new yearly high. Currently, Solana is trading at $235, just 10% below its all-time high, which has attracted the attention of investors and analysts.
Top analyst Ali Martinez recently shared a chart that highlights Solana’s potential for further gains. According to Martinez, its price target is $250, which represents a critical supply zone. A successful breakout above this level could create conditions for Solana to challenge all-time highs, sparking bullish sentiment across the market.
Morning analysis: From the four-hour market, it shows a strong trend of consolidation and correction. The overall market trend is relatively easy to understand and is in the stage of rising repair. At the hourly level, the MACD indicator is below the zero axis, DIF and DEA are both negative, and there are signs of a dead cross, which indicates that the short-selling force is currently dominant. However, the short-selling force shows signs of weakening. Operational suggestions: For Bitcoin, when it pulls back to around 88500-88000, you can go long and continue to look up to 92000. For Ethereum, when it pulls back to around 3050-3000, you can go long, and the target is 3200. #Solana涨势分析 #XRP突破历史高点? #BONKBURNmas销毁计划
Sorting out the ideas of this round of bull market: MEME becomes the core track
2021 Bull Market: A Prosperous Scene with Hundreds of Flowers Blooming
Looking back at the bull market in 2021, each sector has shown its unique market style. Whether it is DEFI, blockchain games, storage or NFT, each sector has its own shining points, and almost every track has the ability to independently attract capital and market attention.
Current market transformation: MEME becomes a mainstream trend
In this round of bull market, MEME coin stands out and becomes the core track. All major public chains will focus their development on the MEME ecosystem. Among them, Solana public chain has performed outstandingly and occupies a leading position in the MEME coin field. Currently, ACT, PNUT, MOG, GOAT and other currencies have been included in the Binance listing list, which has greatly increased the market attention of MEME coins.
In the process of market development, it is normal to have a correction. There is no need to focus too much on Powell's hawkish remarks. Powell made a hawkish speech last night. Under the influence of this, the US stock market is under great pressure, and the three major indexes are showing a downward trend. Bitcoin also ushered in a reasonable correction. At the same time, rumors began to emerge in the market that there might not be a rate cut in December, which also made investors question whether the market would enter a bear market. Let's analyze it in depth below. Market Overview In this wave of market conditions, institutional investors and retail investors are moving forward in parallel. On the one hand, many Wall Street institutions have recently bought hundreds of millions of dollars of Bitcoin every day. Driven by strong financial power, the price of Bitcoin has continued to rise, continuously breaking historical highs, and is now close to breaking through the important price threshold of $100,000.
Musk's Government Efficiency Department is hiring, for free?
What do you think about the fact that Musk’s Government Efficiency Department is hiring, but it’s unpaid?
"We don't need more part-time 'idea kings'," the proposed efficiency ministry's account said. "We need highly intelligent, small-government revolutionaries who are willing to spend 80+ hours a week doing the boring work of cutting costs."
Musk said that this is a lucrative job. Do you still have the nerve to ask for compensation and demand a nine-to-five working schedule?
When this Ministry of Efficiency is established, it will become the most powerful department in the United States. Once you sit in that position, many people will come to you to ask you to do things for them.
👇👇👇👇 Altcoin strategy position operation strategy SATS: Keep holding and continue to hold. You can choose to clear the position when the price reaches about 50, or adopt a mid-line strategy and consider subsequent operations when the price rises to about 80. PEOPLE: You can change positions. If you are confident in its development, you can also choose to continue holding. This currency has an expectation of rising. CKB: First reduce the position, then continue to hold, waiting for its ecology to usher in explosive development. FTM: Maintain holding status. FB: Keep the position unchanged and wait for its ecology to warm up.
New coin attention strategy Focus on ACT, which has a good community atmosphere and belongs to the new track AIMEME series. It has the potential to become the leader of the series. The market value is expected to exceed GOAT and reach more than 1 billion US dollars. If you have already established a position, continue to hold. In the primary market, RGB++ is worth continuing to pay attention to, but the current popularity is low.
The rune market is in the recovery stage, and those who have purchased DOG can hold it for the long term.
The altcoin sector fluctuates with the BTC pullback, while the MEME sector is relatively hot.
For more strategies, please pay attention to community information. #美国零售销售数据即将公布 #新币挖矿&盘前交易USUAL #XRP短线上扬
Pay attention to these three 👇👇 For DOGE, its current price is already high, so it is recommended that you do not continue to chase the rise.
PEPE, like Ethereum, has experienced a situation where it has risen and then fallen back, but if you have spot goods, you can continue to hold them.
PNUT may have another wave of rising opportunities. If it can break through the previous high of 2.5, it is worth everyone's attention. For friends who do spot investment, there is no need to frequently adjust positions due to short-term price fluctuations.
You should know that market trends are generally started at night. If you sell the goods in your hand when the price falls, the price will rise again at night, but you will miss the good opportunity to enter the market again. It is easy to fall into a bad situation where both sides lose money.
👇👇The main line of this round of bull market is clearly BTC and Meme. For those who started with the money, it is recommended to abandon the inherent obsession as soon as possible and actively adapt to market changes. Like ARB and STRK, you can just experience it, and there is no need to cling to it.
The new leader PNUT mentioned by Musk has a sexy American heroism color. Given Musk's influence, his continuous mention can continue to help the development of the currency. It has the potential to become a target with a market value of 100 billion yuan, and it can be called a new round of DOGE.
PEPE, the leader of the ETH chain, has a broad mass base. Its concept has been mentioned by Trump. It is only a matter of time before it surpasses SHIB. It is also a potential target with a market value of 100 billion yuan. You must know that newcomers often favor this type of currency with multiple zeros in the market value.
WIF, the leader of the Solana chain, also has a relatively broad mass base, and its market value is about half of PEPE.
ACT, the leader in the field of AI Meme, has a grand narrative in the technology industry and is an indispensable element in the bull market. Binance defines ACT as the first AI Meme spot, establishing its leading position. Its market value has a chance to reach $1 billion, and it is also possible to reach $10 billion.
Although LUCE, the leader in the religious sector, has not yet been listed on Binance, the market has expectations for it, and the potential of this IP should not be limited to this.
The above targets can be regarded as more important parts of Meme. Each should be properly configured and then held to experience the strong push brought by the bull market. #新币挖矿你参加了吗? #新币挖矿&盘前交易USUAL #超级MEME周期? #BTC冲破9万
Second largest AI cryptocurrency FET lagging behind in recent momentum?!
Over the past week, FET prices have underperformed their closest competitors, falling more than 8%. It is the second-largest AI cryptocurrency by market capitalization but has struggled to keep pace with other major players in the space. While competitors have enjoyed significant growth, FET has lagged behind, raising concerns about its ability to maintain its current position. The recent poor performance puts its market position at risk, especially as other AI tokens continue to show strong momentum.
Is FET lagging behind other AI coins? Currently, FET is the second largest artificial intelligence token in terms of market value after TAO, and its weekly trading volume is also ranked second only to WLD. In terms of performance, though, FET has lagged behind its competitors over the past week, with prices falling by 8.16%. This decline is significantly low compared to the significant progress achieved by peers, such as RNDR growth of 39.14% and WLD growth of 17.5%.
👀👀👀 The market sentiment changed a lot yesterday. In the morning, the sentiment was particularly high. At that time, the price of PNUT coin rushed all the way to 2.5u. But in the afternoon, the sentiment dropped, and the price of PNUT coin also fell below 2u. Now, many people have begun to doubt whether the market has passed.
Bitcoin (BTC) is currently in a state of high-level fluctuations. Strangely, it seems that no one pays attention to the price of Bitcoin. Everyone is crazy about memecoin.
The exchange rate of Ethereum (ETH) has been falling again, and I don’t know what changes will happen next. It’s a bit confusing. SOL is very stable. No matter whether other coins are rising or falling, it can stay stable and will not fall. If the market rises, it can also rise.
As the memecoin craze continues to drive network activities, the Solana platform supports 89% of new token issuance.
A wealthy man who has been speculating in stocks for 7 years and earned more than 30 million during this period told me this experience, which I am sharing with you for free. Haha, just keep it in mind.
When trading cryptocurrencies, you should focus on those with strong trends. If you are unsure, you can refer to the 60-day line as an indicator to make a decision. When the price of a currency is above the 60-day line, you can consider entering the market or adding positions; once the price falls below the 60-day line, you should withdraw in time. In most cases, this method is quite effective.
The main theme of the market now is Bitcoin and Meme coins.
The series include Pepe, Pnut, Doge, and narratives such as on-chain art and AI.
With the rise in the price of Doge coins, the room for the rise of the Meme market has been completely opened, and the market needs everyone to be more imaginative!
So when will the Meme market end?
If major public chains or VC institutions begin to participate in Meme projects, it generally means that this market is coming to an end.
At this time, you have to consider slowly transferring funds from Meme coins to mainstream currencies, such as BTC and BNB. Especially BNB, its increase in this round is relatively small, but Binance's trading volume has soared, and its subsequent rise has great potential!
Let's talk about the rising trend of Bitcoin at night. Bitcoin often rises at night, and behind it is a large number of overseas institutions and central banks buying.
At present, Binance has not yet eliminated the premium of Coinbase, which means that the general trend has come. It feels that it is only a matter of time before Bitcoin breaks through 100,000+ this month!
Key points to watch tomorrow: First, will the market encounter rebound pressure near SPY 6000 points, and then start a correction.
Second, can TSLA hold the $325 position? You know, this is the starting position of the previous gap, which happens to be the closing price last Friday.