The Bull Market is Coming
Yesterday, Trump was elected, and Bitcoin surged, with the price shooting up to around $76,000.
Subsequently, the market atmosphere was intense, and today Ethereum rallied directly, rising over 8% at its peak, breaking the $2,800 mark.
As the second-largest in the market and the king of altcoins, Ethereum's rise today has made the overall secondary market lively. Meme sectors like Pepe and Turbo have surged, directly increasing more than 10%.
Since the beginning of this year, Bitcoin has consistently outperformed Ethereum, and in the last three months, the gap between Bitcoin and Ethereum's market share has significantly widened. According to predictions, Bitcoin's peak next year could be around $120,000, and the rise in Bitcoin's price attracts substantial funds. Only when Bitcoin's market share reaches saturation will it lift Ethereum.
The rise of Ethereum will directly ignite market sentiment, leading to an explosion in the altcoin sector.
This cycle still favors meme coins, as the meme sector is simpler, lacking issuance and reduction, thus attracting more funds.
The leading meme coins will rise first, followed by some smaller market cap coins.
Marvin (ending in 7055) is currently trading in the primary market, associated with Elon Musk's concept of Dogecoin, with a market cap of only a few million. The community interacts frequently with Musk's mother, and is active. It has now launched on Matcha and ranks second in holdings on ZB, making it worth paying attention to. #DOGE看涨情绪飙升 #山寨季将至? #特朗普加密政策承诺 #Marvin7055 #Marvin