In the past few months, a large amount of Bitcoin has been purchased at this price. This column is still quite high and can be regarded as a key support level in the short term. From the 4-hour RSI, it is now almost similar to the lows we have seen before. Bitcoin was oversold in early May, but it successfully rebounded at this level in mid-May. We can look forward to whether Bitcoin will rebound. Even if we may experience a period of sideways trading after the halving as we have seen in the historical cycle stage, I think it is acceptable. After these few months, Bitcoin’s second bull market will come smoothly.
These three ten-fold altcoins with huge potential must be bought at the bottom!
CRY:
Derived from "crypto" and "analytics", Cryptosis is a powerful coin that unlocks the hidden potential of wallet tracking and in-depth analysis. Cryptosis' name reflects its mission - to provide insightful utilities that reveal the secrets of profitable wallets in the cryptocurrency world. With Cryptosis, you have access to advanced tools that delve deep into wallet analysis, enabling you to uncover valuable insights and maximize your profits. Our utilities provide a comprehensive understanding of wallet performance, strategic holdings, and profit trends.
LRC:
Loopring is an open, ERC20 and smart contract-based multilateral trading protocol for tokens. Through this protocol, decentralized exchange applications can be established without asset custody and fund freezing. It uses decentralized technology to provide a zero-risk token exchange model and allows multiple exchanges to compete to match the same orders off-chain and settle on-chain. LRC is the Loopring token on Ethereum. LRC holders can pay the lowest transaction fees and benefit from all network activities.
LQTY:
Liquity is a decentralized lending protocol where users can use Ethereum as collateral to withdraw loans at 0 interest. LQTY is a secondary token issued by the Liquity protocol. It can capture the fee income generated by the system and incentivize early adopters and front-end operators.
LQTY rewards will only accrue to stability providers — users who deposit LUSD into the stability pool, front-end operators who facilitate these deposits, and liquidity providers to the LUSD:ETH Uniswap pool.
Axie Infinity is a Pokémon-inspired digital pet world built on the Ethereum blockchain where anyone can earn token rewards for skilled gameplay and contributions to the ecosystem.
To create a better user experience and improve scalability, the Axie Infinity team is building a layer 2 sidechain called Ronin.
The AXS token is a platform of ERC-20 utility tokens used for:
Governance: AXS token holders will be able to stake their tokens and participate in governance votes.
Staking: Players will be able to stake AXS to win weekly rewards.
Payments: Players can play games and make payments using AXS tokens.
Current features of Axie Infinity include:
Battle: Pets (Axies) on the platform can level up and evolve by battling each other.
Reproduction: Axies can give birth to the next generation of pets.
Land: The home and base of operations of an Axie. Land can be upgraded using a variety of in-game resources.
Marketplace: A decentralized marketplace for Axie transactions.
Summarize:
Remember, if you view your position as a long-term investment, a market drop should be viewed as a gift. It provides an opportunity to buy more tokens.
Finally, it is crucial to have a strategy before making any purchases, and never invest all of your money.