Altcoin opportunities in May:

The topic of artificial intelligence (AI) has attracted much attention recently, mainly because there are several clear catalysts in the field of AI:

1. NVIDIA earnings report on May 22;

2. Apple WWDC 2024 on June 10 will also release additional content related to AI;

3. ChatGPT 5 may be released this summer, and the GPT version of the search engine is also coming soon;

4. Google I/O conference on May 14;

Essentially, this is a science about attention. In other words, events trigger expectations, expectations trigger market attention, and market attention drives prices up.

There are many AI projects in the currency circle. It takes some skills to select currencies, and it is more inclined to currencies with high market recognition, such as FET, which is preparing for a merger with OCEAN and AGIX, which is expected to be completed in late May to prepare for the next conversion.

The MEME concept will most likely only involve WIF and PEPE (it is not ruled out that BOME, BONK, FLOKI and other MEME coins are also good investment targets). PEPE is my long-term holding currency, while WIF is more suitable for short-term swing operations. Buy/add positions every time when waiting for Bitcoin to pull back and market sentiment is low, and sell when sentiment recovers. This operation strategy is only applicable to bull markets. I think WIF and PEPE have the opportunity to become MEME coins like SHIB in this cycle.

The halving of Ethereum Classic (ETC) is coming, which is also worth paying attention to.

In addition, BlackRock's layout of cryptocurrencies is also an event that is easy to attract market attention. The company is mainly engaged in the layout of ETFs and RWA (Real World Asset). BTC ETF has been approved, and the main target of RWA is ONDO.

I think it is also a good choice to pay more attention to BlackRock's layout and follow its trend for speculation.

In general, in the absence of large-scale negative events, the overall market (especially Bitcoin) may experience a volatile trend, that is, a cultivation period. Some altcoins that are in the narrative may have some opportunities.