The current market is indeed rising across the board. To exaggerate a little, you can make money by buying anything. The only difference is whether you make more or less. But one important point must be made: different currencies have their own sector characteristics, market maker layouts, capital preferences, and differences in market perception.
In a bull market, it is common for the price of coins to rise. The key is whether you can find coins that can rise exponentially. This is where the real trading skills lie. Only those coins that can rise sharply are opportunities to get rich.
For example, coins such as DOT and ACT are typical examples of exponential growth.
Recently, Ripple's temperament has risen again, and it has even been linked to Musk's name. Although it has risen 2.6 times from the bottom, close to the high point in 2021, this is definitely not its peak. There is still a lot of potential behind it that has not been tapped, and the real peak is still far away.
As Ripple's performance becomes stronger and stronger, other established currencies are also accelerating towards the critical point. For example, EOS, known as the "PetroChina in the cryptocurrency world", has begun to move towards the goal of "1"; and Litecoin has returned to the "100" mark since last night, and its price is even stronger than Yili shares, which is simply a chicken rib!
As ETH moves towards $4,000, ENS is the most exciting one recently. The current price has risen to $37 and is heading towards $50. For me, ENS has caused me a lot of torture, after all, its trend is often unpredictable. Looking at its current performance, I think it has a bit of "pretentious" flavor.
In addition, APT is also a "tough" currency. Now the market is a race against time, and APT always jumps out when the market fluctuates, and it is almost sideways most of the time, giving people a feeling of always "pretending".
In general, the future potential of coins like APT is far less than that of projects like LDO, OP and ENA. The quality of a coin is the quality of a person, and the performance of a coin can also reflect the style of the team behind it. Some projects are scattered after a wave of success, while some projects can continue to operate and are worth paying attention to. As for the others, I will not comment much.
After two weeks of adjustment, ACT has returned to its previous high today. Usually at this point, the price will quickly break through and move upward. Yesterday's super big positive line was simply one positive line swallowing ten negative lines. The rhythm of the market in the future is worth looking forward to.
The current market has entered a stage of competition between old and emerging currencies. We will have to wait and see who will stand out and become the queen in the end!
Next, let’s talk about several altcoins with great potential. If you seize these opportunities, doubling your money is not a dream!
Fetch.ai
FET is strengthening its ecosystem through the "Earn and Burn" plan and enhancing the practical application value of tokens. Combined with the long-term development of artificial intelligence (AGI), FET may become an important player in the AI field in the future. The current price is still low, and the time to enter is right!
BNB (Binance Coin)
BNB has been trading sideways since 2021, and may enter a new price discovery phase as it breaks through the $660 mark by the end of 2023. If it breaks higher, BNB will have a lot of room to rise.
NEAR Protocol
The breakout time for NEAR has arrived. The current price remains above the 0.236 Fibonacci level. If it can break through the resistance level of $9.11, NEAR will be able to get rid of the downward trend, and future growth is expected.