Hello everyone, I am Ali, from Wujie Club. Wujie Club is a crypto community club focusing on primary projects, secondary transactions, airdrop tutorials and on-chain capture. The club provides market analysis, trading strategies, the latest airdrop information and project investment opportunities, and is committed to helping club members obtain comprehensive information in the Crypto field.
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Return to the top, Bitcoin's road to counterattack
Bitcoin (BTC) price growth expectations for 2024 are once again in the spotlight as the Hash Ribbon indicator transitions from “surrender” to “buy” status. This change indicates that market conditions are favorable to investors, indicating that Bitcoin may usher in a significant "explosive rally." The Hash Ribbon indicator reflects market trends by tracking two key moving averages (30-day and 60-day) based on the combined processing power of miners on the network. When the 30-day moving average is above the 60-day moving average, a historically reliable buy signal is issued, which highlights the central role of miners in Bitcoin supply and enhances the market’s optimistic expectations for Bitcoin’s future trend.
On July 23, the Hash Ribbons indicator broke out of “capitulation” for the first time in two months, marking the first such shift since August 2023, when BTC/USD was trading below $30,000. This is a rare “buy” signal and predicts that an explosive rally could follow.
Traders are preparing for an upcoming massive rally. Although the Bitcoin hash rate remains high (676 exahashes per second), BTC prices have fluctuated recently after a strong rally, with market concerns including the payment of Mt.Gox exchange creditors and the acceptance of US spot Ethereum (ETH) ETFs. However, investors and traders are still closely watching the Hash Ribbon indicator to assess future market trends.
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Harris becomes the focus, and the Bitcoin conference attracts much attention
Trump plans to speak at a future Bitcoin conference, maintaining his support for the cryptocurrency.
With President Biden's decision not to seek reelection, Vice President Kamala Harris has emerged as a strong contender to be the next Democratic president. Although she knew little about the cryptocurrency space in the past, she quickly began learning to fill this knowledge gap within 48 hours of announcing her candidacy. Although Harris' only direct connection to cryptocurrency is hiring a sports team technology expert related to Bitcoin, her personal investments do not involve cryptocurrencies, but rather prefer Treasury bonds and emerging markets. However, as the status of cryptocurrency rises in politics, Harris' team has begun consulting experts in the cryptocurrency field, such as billionaire Mark Cuban, to gain a deeper understanding of the field and formulate relevant policies.
This is her first confrontation with Trump in the crypto field. David Bailey revealed that he had contacted Harris' campaign team and hoped that she would speak at the meeting. This is an opportunity for Harris to reposition the Democratic Party's position in the hearts of voters in the crypto field. Harris must make a choice quickly, facing internal and external pressures, and needs to deal with the Republican cryptocurrency challenge and competition within the Democratic Party. If she can reposition the Democratic Party's position in the crypto field, regard it as a symbol of freedom, and win the support of this fastest-growing group of voters in the country, then this will be a wise strategy. It is necessary to deal with the Republican cryptocurrency challenge and competition within the Democratic Party, and show understanding and attention to the crypto field.
Today’s recommendations are RPL, AEVO, UTK, and MAV.
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RPL
RPL coin, full name "Reputation Coin", is a cryptocurrency based on blockchain technology, which focuses on building a decentralized reputation system and providing a reliable evaluation and trust mechanism. The goal of RPL coin is to solve the problems existing in the existing evaluation system, such as false evaluation and untraceable trust. RPL coin has a wide range of application prospects, not only limited to the field of evaluation and trust, but also can be expanded to other fields in the future, such as e-commerce, social networks, etc. The prospects should not be underestimated, and the current price is 16.95 US dollars.
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THE AGE
AEVO coin is a cryptocurrency running on AEVO L2. It is the governance and staking token of the Aevo platform and plays a vital role in the platform ecosystem. Aevo is a cryptocurrency derivatives trading platform that provides traders with a familiar centralized order book format while ensuring transaction security through an off-chain central limit order book (CLOB) and blockchain-based order settlement. The AEVO team has demonstrated its commitment to long-term development. By continuously promoting technological innovation and optimizing platform performance, as well as strengthening community building, the future market prospects of AEVO coin are generally optimistic. The current price is $0.537
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for
UTK coin, full name UTRUST Token, is the native token of the UTRUST platform. UTRUST is a blockchain technology company dedicated to improving online payment methods. Its goal is to make cryptocurrency an acceptable form of daily consumption by providing secure, private and convenient payment solutions. UTK coin is an ERC20 standard token based on the Ethereum blockchain. The total amount is fixed at 500 million, and it is promised that it will never be issued, ensuring its scarcity. The current price is 0.04593 US dollars.
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MAV
MAV coin is the native utility token of the Maverick protocol. It is based on blockchain technology and is a key component of Maverick, the decentralized finance (DeFi) infrastructure. As a decentralized exchange (DEX) platform, Maverick Protocol introduces an advanced automated market maker (AMM) engine, allowing traders, liquidity providers, DAO treasury and developers to trade in the most liquid market environment Activities. Its total issuance amount is 2 billion, with an initial issuance price of $0.05, and it has experienced significant price increases in a short period of time, which reflects the market's positive expectations and high recognition of the Maverick protocol and MAV tokens. The current price is $0.207.
Review of club recommendations
1.【PEPE，WIF】
When the market rebounds, meme coins are always the fastest to take action. After in-depth analysis and research, we recommend entering the market at a price point of 0.0000059, and the performance of Pepe tokens has exceeded our expectations, rising to a maximum of 0.00001208, an increase of 40.13%! The performance of Pepe tokens exceeded everyone's expectations.
WIF is most likely to become Sol's Golden Dog meme. The club recommends a layout around 1.7. The highest was around 2.23, an increase of 31.7%.
2.【RAY】
RAY is also a very good target. At the beginning, the club found this target because it only has spot but no contracts on Binance. Generally speaking, this kind of currency is easier to be pulled up. You can also look for currencies on Binance that only have spot but no contracts and pay more attention to them. Secondly, RAY itself is also a DEX on Solana. Recently, the meme golden dogs on Solana have frequently exploded, which has increased the usage rate of these DEXs, and it is also a big benefit for its tokens. As Solana strengthens, its ecological projects are also worthy of attention. The RAY club recommended that everyone build a position and ambush at 1.5, and the highest price rose to 2.5239, an increase of nearly 70%.
Unbounded Club is a crypto community club focusing on primary projects, secondary transactions, airdrop tutorials and on-chain capture. The club provides market analysis, trading strategies, the latest airdrop information and project investment opportunities, and is committed to helping club members obtain comprehensive information in the Crypto field.
Thank you for reading this. A-li is with you. I wish you a happy life. Good morning, good afternoon, good night, and see you next time. #Bitcoin_Coneference_2024 #ETH_ETFs_Trading_Today #AEVO_USDT #UTK #MAVIAUSDT
