About to soar: Bottom-fishing 4 cryptocurrencies with 100x potential!

Today's market analysis

On Saturdays and Sundays, the general market will not fluctuate too much. The intraday market will continue to fluctuate. The next market trend is upward. There will be a good altcoin market in late May and June! The current price of BTC is around 68,700, and the current price of ETH is around 3,730. It fluctuates upward. The next step is the continued fermentation of favorable conditions. The mid-term decline is likely to be a pin-bursting behavior, which will not affect it!

Currently, the best performing sectors include Meme, Rwa, Chain Oil, and some currencies in the second-layer sector! The positive effects of Ethereum not only drive the second layer, but all altcoins are linked to Ethereum. At present, it depends on the direction and strength of the flow of funds in the market. Let's summarize the recommended currencies in the past two days!

PEPE

The price of Pepe has risen sharply recently, setting a record high of $0.00001576. This increase has stimulated investors' optimism and is expected to grow further. The goal of the token is to achieve a market value of $6 billion, and judging from its recent performance, this goal seems to be easier to achieve.

Pepe’s rise in value is part of an overall trend in the altcoin market, where investors are shifting their focus away from Bitcoin and toward altcoins. Pepe’s success can also be attributed to its adoption and liquidity. With nearly $60 million in Wrapped Ether (WETH) and over 223,000 holders, Pepe has facilitated around 2 million transfers, showing strong on-chain activity that has had a positive impact on its price.

In addition, positive regulatory developments, especially news of the potential approval of a spot Ether ETF, have fueled investor optimism. If approved, such ETFs would make Ethereum investment opportunities more accessible to institutional investors, indirectly benefiting tokens like Pepe.

On May 23, Pepe’s price surged 27%, hitting a new all-time high within 24 hours. According to CoinMarketCap, Pepe is currently trading at $0.00001434, up 4.83% over the past 24 hours.

As Pepe continued to trend upward, it attracted more investors, which is common when a token reaches its all-time high. The increase in retail participation further fueled interest and investment in the project.

LPT

LPT prices have shown a strong upward trend since the beginning of the month, rising by 87.95%. Additionally, in the past 24 hours, the altcoin’s trading volume surged to $169.24 million, a rise of 134.79%, and the price increased by 6.45%.

Livepeer is one of the blockchain projects that is significantly changing the way we consume content. Recently, Livepeer launched a new feature: an AI video generation layer. The update, announced during Berlin Blockchain Week, was highly anticipated. Livepeer will showcase its latest advances in decentralized content creation and streaming at this event.

CHZ

The 2024 European Cup will be ushered in next month! As this event approaches, the football-related digital currency market has become increasingly active. These digital currencies, also known as "concept coins", are gradually receiving widespread attention from investors and fans because of their close connection with football clubs, events or related businesses. They can not only be used to purchase club merchandise, participate in voting, and obtain tickets, but can also be used as rewards or means of payment for football-related activities, bringing unique experience and value to the holders.

As the European Cup in June and the Champions League final on June 2 approach, the fan token market has ushered in new investment opportunities. The current price of Fan Tokens is around $0.1 and is considered an ideal buying point. As the event progresses and related benefits continue to be released, fan tokens are expected to gain more attention and achieve price increases.

As a leading provider of blockchain fintech for sports and entertainment, Chiliz has been the foundational blockchain platform for numerous football clubs to issue fan tokens. Its token CHZ occupies an important position in the sports currency market and has become the focus of investors and fans.

BONK

Bonk is a Solana-based meme coin launching in December 2022 inspired by dog ​​culture. Half of its supply is airdropped to the Solana community with the goal of achieving fair distribution. Bonk aims to be Solana's social layer, integrates with various Web3 applications, and is known for its effortless, community-driven approach.

Among the popular Solana meme tokens, BONK is leading the charge, gaining significant traction since the beginning of the year. Currently, the price of BONK is 0.000034 USD, down 7% in the past 24 hours, which may be an ideal buying opportunity for some investors. Despite the recent decline, BONK has performed strongly throughout the month, up 67%. In addition, BONK has the potential to soar to a high of $0.00004704, echoing the amazing gains in March.

#BTC #ETH #5月市场关键事件 #现货以太坊ETF获美SEC批准 #BTC走势分析

If you also want to cross the bull and bear markets, watch others sink to the bottom in the bear market, double your profits, and get rid of the shackles of bull and bear markets, click on the avatar to follow me