At 2 a.m. last night, after the U.S. interest rate was announced, I believe everyone has already known that the U.S. cut interest rates by 50BP. At the same time, the market trend also surged. However, many currencies have not yet caught up. I personally think that they will catch up in the next few days.
Secondly, with each interest rate cut, it is a good period for the entire financial sector. Those who have not bought can build positions on dips. For those who have already bought or are trapped, just increase your positions and continue to hold on. You have held on for so long, so it doesn’t matter if you hold on for a while longer.
The first rate cut will not have a big reaction from BTC. As the rate cuts continue, big funds will rush to buy risky assets at low prices after they smell the signal. So I think that smart money will rush into the market in the fourth quarter of this year, and traditional funds that react in the first quarter of next year will accelerate their sprint. #降息
Bargain hunting for 4 altcoins that have increased 100 times!
1. XLM
Stellar (XLM) is a blockchain network with a mission to make global remittances fast, cheap, and convenient. Launched in 2014, Stellar aims to bridge the gap between the traditional banking system and the digital economy. Its unique approach allows users to send, receive, and trade any form of money, including digital assets and traditional fiat currencies. This versatility makes Stellar a favorite for individual users and financial institutions looking to modernize cross-border transactions.
With support from influential partners like Stripe, the Stellar Development Foundation continues to drive growth for the network. The foundation’s commitment to innovation is reflected in its recent focus on digital collectibles and automated transactions, which further expand Stellar’s potential use cases.
As more financial institutions and enterprises adopt Stellar technology, the network will see significant growth in the coming years. Its combination of versatility, efficiency, and low-cost transactions makes Stellar a key player in the next wave of blockchain applications.
2.POL
The Polygon Ecosystem Token (POL) plays a vital role in the operation of the Polygon Network, which has become one of the most popular platforms for scaling Ethereum-based applications. POL allows users to stake their tokens and participate in securing the network. By contributing to the consensus process of the network, stakers can earn rewards, which makes POL both a governance token and a utility token in the Polygon ecosystem.
Polygon's ecosystem is growing rapidly, with new projects and partnerships emerging all the time. As more developers flock to the network for its scalability and low transaction fees, demand for POL is expected to increase. POL's success is closely tied to the continued expansion and innovation of the Polygon ecosystem, making it a token with huge long-term growth potential.
3. AWAY
Terra Classic (LUNC) is the native token of the Terra blockchain, which has received widespread attention for its innovative stablecoin system. Terra's stablecoins are pegged to real-world currencies, providing a solution to the volatility that often plagues other cryptocurrencies. Terra initially launched stablecoins pegged to the US dollar and other currencies, creating a global payment system designed to provide stability in volatile markets.
In 2022, Terra underwent a major transformation, splitting into two chains: Terra (LUNA) and Terra Classic (LUNC). This split was similar to Ethereum's split into Ethereum and Ethereum Classic in 2017. Since the split, LUNC has been a key player in the Terra ecosystem, providing stable and efficient payment solutions.
LUNC’s focus on providing stability through an efficient trading process makes it a strong contender for investors seeking a reliable altcoin. As the broader cryptocurrency market grows in 2024, Terra Classic is expected to attract the attention of new and old investors.
With its history of innovation and promise to improve global payments, LUNC could play a major role in the next wave of altcoin growth. Similar to Ethereum’s split and subsequent success, Terra Classic has the potential to follow a similar trajectory.
4.RENDER
Render Token (RENDER) powers The Render Network, a decentralized platform that provides GPU-based solutions for rendering tasks. This innovative platform allows creators to access GPU power at a very low cost, enabling more affordable animation, graphics, and visual effects projects. The Render Network is built on the principles of decentralization, with node operators contributing unused GPU capacity in exchange for RENDER tokens.
Render Token has experienced optimistic market trends, with renewed interest from creators and investors alike. The decentralized nature of the network, coupled with the growing demand for digital content, makes Render Token a strong choice for long-term growth. As the digital creation space expands, Render Token is expected to become a must-have tool for creators and node operators.
