Recently, Coinbase and Kraken have started listing some large-cap cryptocurrencies, including those that had compliance concerns earlier and meme coins... Recently, meme coins like PEPE and WIF have experienced a surge, who will be next?
If we select three based on market capitalization: #BRETTmania #POPCAT #PUNT:
1️⃣ Comparing the concentration of chips: POPCAT has the highest concentration of shorts and has reached an extreme situation, followed by BRETT, and lastly PNUT. Looking at the recent changes in chip concentration, POPCAT's short concentration has clearly started to decrease, while the other two are still increasing.
2️⃣ Comparing the movements of whales: BRETT and PNUT are both in a phase of significant liquidation, while POPCAT has shown signs of opening positions, suggesting that whales may be positioning themselves for a long?
3️⃣ Comparing the squeezing momentum: BRETT's long momentum continues to decline, while POPCAT has begun to enter a phase of short momentum, and there is no data for the new coin PNUT.
🍌 Therefore, in summary (excluding market capitalization factors), POPCAT is the most likely to have whales preemptively lurking, and once the short momentum concludes, it will have the opportunity to usher in a rising trend; next likely is BRETT.
