Public chain: Layer 1/Layer 2
Regarding this track, many friends left comments above asking if there are any recommendations for#L1good targets? You can read below
The data in the above content shows that among the projects opened on Binance since March 2023, L1 is the track with the largest increase and the most projects, except for meme. For example, #sei, #sui, #tia, #ntrn, etc. After opening Binance and returning to value, when#btcrises, these all usher in a sharp rise.
I know everyone will say that there will be a huge amount of unlocking in the later stage. If you get on board, you will take over the market, so it is better to buy the public chain that is almost fully circulated. This is true, but you cannot deny that sei, sui, tia, etc., which were launched last year, did rise in the current market at 73,700, and the increase was not bad. So I want to say, assuming that the next wave of BTC's new high occurs during the election, Q4, then are the public chain projects that opened on Binance before Q4 worth paying attention to?
Don't forget. In 2021, there were public chains that grew very fast and increased by dozens or hundreds of times, such as #sol, #avax, #luna, #inj, #chr, etc. They were all in 2020, and most of them were opened on Binance in the second half of 2020. At that time, the opening FDV was also very high, but the circulating market value was okay. So will the next#solbe born and opened this year? Wait and see.
Of course, it is not to say that there is no opportunity for public chains that are almost fully circulated. Just like the#injthat I discussed with Mr. Fu @FLS_OTC yesterday. There are also #ckb, sol, etc. Look at the trading volume, see if the dealer has money, and see how the dealer controls the circulating chips. Now it is pulling well, so how much the main upward trend will continue to pull, this depends on the dealer. For us, we must control the entry cost. Estimate the ceiling of the track.
So in fact, not only 2023, but also 2022 or even 21, the public chain projects in the past few years can be studied. After all, among the financing projects, the public chain track has the highest financing amount. It is the richest and has the most stories.
Yes, there is also L2, especially the second layer of eth. Currently, it is known that #arb, #op,#strkare listed on Binance, and there is also the rumored #zks, etc. This narrative is also good, the key is who can come out, this needs to be tested by the market. We can't know, let's see if the ETF of#ethon May 23 can pass. If it passes, more liquidity can enter eth, and eth is more worth looking forward to. It is naturally a big benefit for its second layer.
gamefi：
Speaking of this track, I interacted a lot with Ni Da @Phyrex_Ni. The master is not very interested, but the opportunity to make money is ok. Many friends also asked when these new game coins on Binance will take off. There are #pixel, #ai, #ace, #portal, #xai, etc. on Binance, and there is also #bigtime. In the 73700 wave of market, it also rose, but it was not as crazy as the previous #axs, #gmt, and #raca. In fact, the game tokens that can be listed on Binance and OK have at least good traffic, team, and model. As for whether they can become new myths, it depends on the need for large liquidity to enter. Secondly, it depends on the project's operational out-of-circle ability and the token release and destruction ratio. To put it bluntly, whether the game is fun and whether the token has the ability to pull the market. The big market has to wait. Pay attention to Q4 and see. The ceiling of the track, I still remember that the market value of axs's peak was 20 billion, and raca seemed to be less than 5 billion. At present, the market value of these Binance is only a few hundred million. So. Let's see the 24-25 period of this round. I think if there is a next axs or even surpasses axs, it must be listed on a big exchange, have a stronger circle, and have the ability to pull the market. Now that I have time, I think I can go down and study these games and economic models. Let's wait and see.
meme
I have talked about this track before. I have posted twice about #bome. If you are interested, you can go back and read it. Basically, there will definitely be crazy in the main rising wave. And there will definitely be new awesome memes. You can see that there was#pepeat 16,000-31,000 last year. There were #wif, #bome, #bonk, etc. at 42,000-73,700 before. So you can pay attention to the previous meme projects now, but you also need to discover new ones in the next main rising wave. Maybe in 24-25, there will be a new meme project that surpasses #shib.
AI
wld and#agixhave done well in this wave. Whether it is the AI narrative of the cryptocurrency circle or Nvidia, which is trying to hit the US stock AI track. Anyway, the market has been pulled up, and it has been pulled up a lot, which is awesome. Among them, friends who have learned about wld should know that the background, strength, team, and funds are all good, but wld is unlocked every day, but the coin price is stable. This is the headache. Buy it, there are indeed risks in the future. Don’t buy it, what if you miss it, after all, everyone is talking about AI. I personally think. This track will not end like this. You can pay attention to the situation of the AI sector in the US stock market, such as how Nvidia’s financial report will be after the interest rate cut and the water release. . Etc. You can also see if there are any AI-related projects landing on Binance and CB in the future. Anyway, controlling costs is the most important thing. It’s still the same sentence: the underlying logic is the cognition of BTC, and the low point of BTC is the low point of the copycat.
The above four hot tracks, by the way, plus the ecology of each public chain. Personal thoughts: Assuming that the election, that is, Q4, ushers in a new main uptrend, then from now until the election, you can pay attention to the projects listed on Binance, CB, OK and other major exchanges and what tracks they are on. Will there be new hot tracks in the market, such as the previously mentioned RWA, right? The new hype hotspot may be here. Why do you say that? Remember 2022? At that time, eth2.0 ushered in the hype of the eth ecology, but after the Chinese New Year to 2023, what track was popular, remember it? BRC20, BTC ecology, the birth of Ordi, etc. So the market is like this, there are always new things and new opportunities. (For example, Binance’s#BBopened today.) Grab it, maybe you will get rich.
Infrastructure, #DEFI
In these two tracks, there are not many high-return value projects, or even very few. It’s not that it’s completely impossible, but the probability is low. For example, in DeFi, there is only one#pendlethat is not bad. Other DeFi projects, to be frank, are just secondary shipments. There is not even a slight pull. The same is true for the infrastructure.#arkmcan only perform a little bit because of AI. Maybe it has something to do with the token model and the strength of the dealer. Mainly the strength of the dealer.
Of course, it doesn’t mean that there is no chance at all, but compared with public chains and memes, the chance of success is a bit low. Very low. So with our limited bargain hunting funds, we should still look for potential projects in hot tracks.
Finally, the market cap of the track is always mentioned above. Let's make a simple calculation. At the same time, combined with the data of the bull peak in 2021: the bull peak of BTC in 2021 is 1.27 trillion US dollars, ETH is 560 billion US dollars, the top 10 threshold is 37 billion US dollars, the top 100 threshold is 1.1 billion US dollars, and the total market value of cryptocurrencies at the bull peak in 2021 is 3 trillion, so as to estimate the main rising wave of 24-25.
Assuming that the next major uptrend is BTC 100,000 U and ETH 10,000 U, we will make a market value estimate. The market value of BTC will reach about 2 trillion and ETH 1 trillion. The threshold of top 10 is about 150 billion US dollars, and the threshold of top 100 is about 4 billion US dollars.
So which tracks and projects will enter the top 10, and what about the top 100? How many will make it? Let's wait and see. Of course, it actually depends on where BTC and ETH can eventually reach in this round of main uptrend and at what price. Now these are just estimates. You need to pay attention to adjust your strategy from time to time. Control your positions.
