The copycat market is rotating with the fluctuating tides of the big cake. Here you need to understand what it means to rotate with the tides.
The first wave: leading or syncing with Bitcoin. Represented by SOL memecoin, etc., which are strong in themselves and are the mainstream narrative of this round of bull market, have always been favored by funds;
The second wave: large-cap altcoins that followed the starting point of Bitcoin and had a larger increase relative to Bitcoin. Representatives include DOGE, $XRP, $ADA, etc., driven by emotions and events, and became the vanguard of BTCD's market value, followed by some medium-cap altcoins;
The third wave: ETH, the perennial runner-up, and its younger brothers behind it. The leader of the copycat ETH began to rotate, driving the ETH ecosystem, and L2 currencies began to charge; the previously strong currencies began to consolidate; this means that after the emotional trading has calmed down a little, the market has begun to rotate, and it is currently underway...
The strong consolidation of Bitcoin is an opportunity for the copycat market!
NEIROIn the short term, the current price of Neiro is quite attractive in the next one or two months. It is expected that it can steadily rise back to the 1B market value range, and even if it performs strongly, it may hit the 2B market value, so I still hold a considerable amount of Neiro. In the medium term, my expectations for Neiro have declined in the next year. In the past few months, I was optimistic that it could become the next Shiba or Doge, because Neiro's narrative was very unique at that time, and there were not many meme coins in the market to divert attention. But now, with the surge in the number of meme coins in the market, Neiro faces greater challenges in terms of capital attraction, market narrative, and attention, especially after Binance listed two meme coins, PNUT and ACT, this month, the market has also begun to realize the competitive pressure faced by Neiro. In the long run, if Neiro can continue to develop its charity brand and continue to expand its influence, it may become a very noteworthy investment target in the next bull market, especially in the next bear market, it may be a good opportunity to ambush.
SHIB Shiba Inu Coin (SHIB) first became popular as a meme coin, but has now become a serious DeFi player. With the establishment of a series of ecosystems such as ShibaSwap, NFT, and Shibarium Layer-2, Shiba Inu Coin has faster transactions and lower fees, greatly improving its practicality in the crypto world. With enthusiastic community support, Shiba Inu Coin continues to innovate and create a complete digital asset ecosystem. If SHIB can rise to $0.01, early investors will be able to get huge returns and even realize the dream of becoming a millionaire.
TON
Toncoin is taking a stake in the $200 billion gaming industry that is driving Web3 adoption. However, many blockchains face limitations such as poor scalability and user complexity, which creates difficulties for developers and players. TON (The Open Network) aims to solve these problems by providing a blockchain platform designed to scale efficiently and simplify the development process.
TON is focused on meeting the needs of developers, using dynamic sharding to support billions of users without performance delays. Transactions are fast and affordable, with an average fee of $0.02 and completion time of less than six seconds. By integrating directly with Telegram, TON allows developers to publish games using HTML5 or WebGL, making them instantly accessible to Telegram's broad audience.
Successful projects on TON highlight the importance of combining engaging gameplay with meaningful incentives. This combination, supported by TON’s seamless integration and community tools, enables developers to effectively grow their games.
With a market cap of $16.43 billion and 2.55 billion tokens in circulation, Toncoin is an emerging force in Web3 gaming. Combining scalable blockchain technology with the reach of Telegram, it offers a unique opportunity to reinvent the gaming experience in the Web3 era.
SUN
Currently, Ethereum is performing better than Bitcoin and Sol. Ethereum’s one-hour trend yesterday was almost non-stop. Currently, Ethereum is bullish in the long term.
Although Sol has started to weaken after reaching a new high, falling from 260 to 220, I am still very optimistic about this coin. Whether it is the emergence of Ethereum during the period of weakness or the approval of Sol's ETF request next year, Sol's potential is still very large, and spot entry can be long-term.
LINK
As a leading oracle network, LINK has become the infrastructure for many decentralized applications and smart contracts. In the past week, the price of LINK has surged by 24%, and is currently trading at $17.7, close to its price level in June. From a technical perspective, LINK is trading above the green line of its Super Trend indicator, confirming its strong upward trend. The Super Trend indicator determines whether the market is in an upward or downward trend by continuously monitoring the market trend. When the indicator is green, it means that the market is in an upward trend, indicating that the bullish momentum may continue.
If this trend continues, there is a chance that the price of LINK could break above the $19.38 resistance level and eventually move back up to the year-to-date high of $22.87.
