The cryptocurrency market updates and iterates rapidly, making it difficult for most altcoins to experience an explosion, and they may instead fall into complete silence.
Therefore, for some projects, risks are often highlighted within the community. For coins with fundamental issues, it is essential to take profits in a timely manner to avoid blindly chasing highs.
What should we focus on right now?
Buy undervalued coins and wait for large capital inflows, such as from the Federal Reserve, to boost the market. If value coins experience a pullback that lowers your average holding price, that is a bold opportunity to increase your position! Maintain rational operations and focus on projects that truly have potential to steadily advance in the market.
3 altcoins to hold before the SEC enters!
PNUT
Pnut on Base is a unique meme coin project inspired by an internet squirrel named Pnuts, which sparked widespread discussion due to an euthanasia incident. This event touched the emotions of animal rights activists and inspired the birth of several crypto projects themed around Pnut, symbolizing the advocacy for animal rights and community involvement.
PNUT, as the native token of the project, is primarily used for trading and community interaction. Since its launch, its price has experienced dramatic fluctuations, surging more than 20,000% at one point during its initial listing, reflecting the immense driving force of emotional narratives and social media. Meanwhile, the PNUT project adopts a community governance model, allowing token holders to participate in project decision-making. This humor and social-centric approach has attracted a large number of users looking for easy investment opportunities, enhancing the project's long-term appeal.
Recently, PNUT has made further progress, successfully listing its token on mainstream exchanges like CoinW, significantly increasing its liquidity and market influence. Currently, PNUT's market capitalization is rapidly climbing and is challenging $100 million, with an average daily trading volume reaching approximately 10 million transactions. This strong market performance reflects the heightened interest from investors and lays the foundation for future growth.
It is especially worth noting that PNUT has surged by 24,700% in price over the past 24 hours, fully demonstrating the success of its community narrative, interesting background story, and community-oriented strategy. The combination of these factors not only makes PNUT a highlight in the meme coin market but also creates a broad space for its future adoption and development.
CHZ
Chiliz (CHZ) is currently priced at $0.08, having risen by 2.70% in the past 24 hours. Over the past year, CHZ's price has accumulated a 23% increase, showing a stable growth momentum. Its trading price is currently above the 200-day Simple Moving Average (SMA), which is $0.075232, and is 24.58% higher than this long-term indicator. This indicates that CHZ is in a strong upward trend, supported by bullish sentiment.
In the past 30 days, CHZ has shown an upward trend on 17 days, accounting for 57% of the trading days that month. Meanwhile, the market's Fear and Greed Index has reached 82 (extreme greed), reflecting a growing confidence and interest among investors. It is worth noting that CHZ has relatively high liquidity, making its active trading volume compared to its market capitalization a potential focus for many traders and investors.
MINA
Mina Protocol (MINA) is currently priced at $0.758935, having risen by 7.00% in the past 24 hours, indicating its strong recent performance. Market sentiment also supports this bullish trend, with the Fear and Greed Index showing 82 (extreme greed), reflecting investors' optimistic attitude. Meanwhile, MINA's trading price is 24.43% higher than its 200-day Simple Moving Average (SMA) of $0.608159, further confirming its upward market momentum.
In the past 30 days, MINA has risen on 18 days (60%), showing stable performance. Additionally, MINA has relatively high liquidity, making it a more attractive asset in the market.