Why are you optimistic about SOL, SUI and DOGE?
I have a friend who has invested 90% of his personal cryptocurrencies in SOL. The reason is: Despite the large price fluctuations of SOL, it has shown extraordinary resilience.
SOL has a good community, excellent user experience, excellent technology, the ability to issue low-cost NFTs on the chain and fast transaction speed. The explosive Meme is also one of the breakthroughs made by SOL in chain use. The ecosystem is growing rapidly, just like ETH in the last cycle. Therefore, he believes that SOL is a low-risk zone and a good place to invest larger funds.
In addition to SOL, he is also optimistic about SUI and DOGE.
SUI was chosen because: SUI is technologically innovative and has shown superior performance in the market relative to other major cryptocurrencies such as SOL and ETH.
Price performance is also important. It was not until SUI's price performance was better than the overall performance relative to other cryptocurrencies that he felt confident that SUI might be a "new product".
DOGE was chosen because: DOGE has a strong cultural identity and international recognition, that is, broad community support. Musk's support for DOGE is also a factor that cannot be ignored. Musk has the ability to promote the development of DOGE through his social media influence and practical actions.
In addition, according to DOGE's trading chart and historical performance, it has a huge price fluctuation at a certain period every four years. This cyclical performance is also part of his investment decision. In his view, DOGE is the SOL in Meme.
