Bei Ge recommends 2 potential coins that will soar 100 times by the end of the year!
JUP
Grayscale's expansion into new crypto assets includes Jupiter (JUP), a DEX aggregator on Solana that is known for participating in meme token transactions. Jupiter has attracted attention for its ability to generate fees for the community, with revenue of $3.38 million in October. This is consistent with Grayscale's focus on financial projects that create value through decentralized operations.
In the financial project category, Grayscale is also considering newer DEX platforms such as Aerodrome, Injective, and Mantra, as well as older projects such as ThorChain. This shift shows that Grayscale is interested in innovative DeFi models.
PENDLE
Pendle provides a new way to trade future returns, which has attracted attention in the decentralized finance (DeFi) field. This feature enables users to interact with other DeFi platforms through smart contracts, potentially increasing returns. Pendle's system facilitates future return transactions for various assets, which opens up new opportunities for generating returns.
Current market indicators indicate bullish market sentiment for the Pendle token. The Fear & Greed Index shows a reading of 65, indicating greed, while the token is trading above its 200-day simple moving average. In the past 30 days, Pendle has experienced 16 up days, representing a positive performance of 53%.
