From Bitcoin to Altcoins! 3 popular altcoins to watch during the sector rotation!
At present, the market has indeed entered the stage of public chain pulling up the price. Not only does Bitcoin continue to rise, but major public chain projects have also shown strong growth, driving the overall market higher.
In the next stage of altcoin rally, more altcoins will rise, and investors need to seize the opportunity and pay close attention to the development of various projects. This stage is full of opportunities and challenges, so continuing to pay attention to market trends and evaluating the potential of different projects will be the key to successful investment. Musk's company already accepts "Dogecoin payment"
The alt season is coming! Choose which potential tokens will get 100 times the profit
The cottage season is coming!
At present, the market has entered the stage of public chain pull. The characteristics of this stage are that in addition to the continued rise of BTC, various public chain projects have also shown strong growth, and the entire market has shown an overall upward trend. Investors should pay close attention to market dynamics and seize investment opportunities. Next, it will enter the stage of altcoin pull. By then, more altcoin projects will also join the ranks of rising, bringing more opportunities and challenges to the market. Different stages of a bull market are often accompanied by different market dynamics and currency performance. The first stage of a bull market: BTC pulls the price by itself; the second stage of a bull market: public chains pull the price; the third stage of a bull market: copycats pull the price
XRP is at a critical juncture: Is $2 within reach?
The future trajectory of Ripple (XRP) is at a critical juncture, and the next steps may determine its medium to long-term development direction. According to well-known trader Credible Crypto, XRP's performance is highly dependent on Bitcoin's movements, with both assets currently positioned between key technical support and resistance levels. Market analysis indicates that as Bitcoin approaches the psychological milestone of $100,000, XRP may also accelerate its rebound under this positive sentiment. Some observers even speculate that XRP could return to its historical high of $3.38 faster than expected. Given the recent increase in XRP's trading volume and market sentiment, its performance will undoubtedly be closely monitored.
The next approved spot ETF fund is likely to be SOL
Recently, Bitwise, VanEck, 21Shares, and Canary Funds submitted SOL spot ETF applications to the SEC. If the SEC accepts them, the final approval deadline will be in early August 2025. Therefore, the SOL spot ETF is expected to be approved next year.
What Highlights Does the Blockchain Game Platform Balance, Invested in Twice by a16z, Have?
Recently, @Balance_Fun launched a Key Node sales event in preparation for the upcoming TGE. I won't elaborate too much on the rights, investment returns, and necessity of participation enjoyed by node holders. I mainly want to discuss what Balance is doing, why a16z has made two significant investments, and how to link the web2 'companion gaming' platform with the large web3 gaming industry, etc.
1) Balance is a blockchain gaming experience platform launched by the E-PAL gaming companion platform. In the web2 world, companion gaming has become a huge market, where users seek others to improve their gaming skills, find social companionship to enhance their gaming experience, and so on. Ultimately, these individuals come together to create platform scale effects, becoming a potential audience and brand amplifier for other game developers and operators, thus revealing greater economic and commercial value attributes.
The current market has entered a stage of rotation among various leading altcoin sectors, marking the beginning of the altcoin season. In every bull market, we observe several stages:
The first stage sees a large influx of funds into Bitcoin, marking the initial start of the bull market, while Ethereum and altcoins consistently lag behind Bitcoin.
The second stage occurs when Bitcoin reaches a relative high, with its market share hitting a strong resistance level that could potentially be a peak, after which Ethereum leads mainstream coins in a counterattack.
The third stage is when the leading altcoins in various sectors start to lead the gains.
The fourth stage sees altcoins begin to surge wildly, with coins often doubling or tripling in value daily, leading to a peak in trading enthusiasm among people, followed by a panic that marks the end of the bull market.
Here is a brief summary of some of the most noteworthy crypto market updates reported by CoinGape Media over the past week. The world of cryptocurrency has concluded another week, primarily marked by fascinating developments across the industry. Bitcoin (BTC) continues to rise, reaching new highs this week. Meanwhile, Ripple's XRP has garnered significant attention in the market, recording substantial gains. The broader market continues to leverage investor optimism following Donald Trump's re-election as President of the United States. Here is a brief summary of some cryptocurrency market headlines that had a significant impact on investor sentiment over the past seven days.
Many people are very scared, but I am very excited. However, I think: there will be a pullback, but not a big waterfall. It won't drop much, don't criticize if you don't like it.
So take advantage of the pullback, you can buy in steps. Don't be too anxious, buy in steps.
DOGE: Can Dogecoin become as real as the US dollar under Trump's administration?
Elon Musk is preparing to manage the ambitious DOGE department alongside Vivek Ramaswamy. As Trump gets ready to take office, his pro-cryptocurrency stance, combined with the resurgence of the dollar, has triggered many speculative scenarios. One of them is the rise of Dogecoin, and how it could reach unprecedented new highs if market forces continue to support its momentum. Under Musk's Trump administration, can Dogecoin become as valuable as the US dollar? In an early episode of Saturday Night Live, Musk announced that Dogecoin is as real as the US dollar, and he hopes people will call him the 'Father of Doge'. In that interview, Musk shared how Dogecoin initially emerged as a joke from an internet meme, but now it has captured the market in a very 'real' way.
The violent bull market is underway, and it is worth ambushing these three altcoins that will increase 100 times in the future!
Escaping the top is far more meaningful than buying the bottom!
Before we knew it, BTC has reached 100,000 US dollars, not to mention that it has been rising since the end of 2023. Since the black swan event in early August, when Bitcoin fell to more than 40,000, people began to turn bearish on the second half of the year. Adherence to the bitcoin bull market cycle is the philosophy I have always followed and has never changed. The bull market has now entered its final stage. There will definitely be a big market for copycat products for several months. This bull market is the reward for those who persevere, but they all remain until the end. Those who have not been tortured out of the car in these few months and have not used up all their chips are the winners.
Data Overview of the MEME Universe: 'Golden Dog' among millions, Frog Series has the best liquidity.
MEME coins have become an important business card in the crypto world, filled with stories of wealth and the ups and downs of hot topics. On the other hand, the MEME culture has become increasingly complex with the influx of large amounts of capital, and the perspective of speculation has even shifted from network hotspots to various abstract cultures. For many who aspire to find the code for wealth in this market, it seems to have reached an epic level of understanding difficulty.
Compared to the consistently high heat, the MEME track still lacks some macro tools to analyze the overall development situation. People seem more focused on the stimulation of PVP, but rarely think about what kind of MEMEs are more likely to curve out, or what characteristics are behind those top MEMEs.
It's the last week, so avoid trading contracts with small coins. Needle pricking will begin at the end of the month.
When the market is not very strong, focus mainly on BTC and SOL. Even if it occasionally dips below the three low points, it will quickly bounce back into profit. When BTC pulls back, other altcoins will have longer needles, and that part is uncontrollable. Unless you're making trend trades, keep DOGE's forced liquidation consistently below the market price of 0.10-0.15, then taking profits in batches and replenishing positions is completely fine, and you can sleep soundly.
Bitcoin is approaching $100,000. Will there be a pullback? Which altcoin will be the next to hit a new high?
Although Bitcoin is approaching 100,000, this is also a bull market for Bitcoin. A small part of the copycats are bullish, but overall the copycats have not reached the bull market. It will take some time before the copycats reach the bull market. The current market has not seen sharp rises and falls, and it is all rising. If the index exceeds 92 and is extremely greedy, we must consider the risk of a pullback. At this time, trading needs to be cautious, and the subsequent market conditions should be determined based on next week's data, such as monitoring the inflow and outflow comparison of US stock Bitcoin ETFs.
The performance window for copycat stocks is only this weekend and next week, which is a three-day window. If the market does not pull up, we can only wait for the next wave cycle. Some of the standard copycat stocks in the SOL sector have already been cleaned out in advance.
Once the market starts to soar, these 6 major cryptocurrencies can double your wealth!
Recently, new coins have dropped significantly, reminding me of the golden pit during the DeFi era. Back then, in September and October 2020, the market was hit hard, especially for DeFi projects represented by UNI, which were severely criticized. However, the first wave of the bull market ultimately started from the DeFi sector. Trends are worth believing.
As long as there are ongoing hot topics on-chain that create wealth effects, large funds in the secondary market will pull up benchmark projects. Once secondary funds lead the trend, more hot money will flow in on-chain to pursue the next wealth effect. This relationship forms a mutually beneficial cycle.
For memes to continue to be sustainable in this cycle, two prerequisites must be met:
1. On a macro level, BTC needs to continuously break new highs or remain stable, which means that there must be a constant influx of liquidity into this market. The first element of financial products is liquidity; enough liquidity can benefit everyone equally. 2. Why will the liquidity that overflows from BTC enter the meme market rather than others? The market space is large enough. A sufficiently large space can generate the most amazing companies. The most exceptional tracks are always those that reach the broadest audience. Wealth effect. Creating wealth and continually generating wealth is the most direct way to attract people and attention. Since BTC broke new highs, the fastest wealth-generating track has been memes. Relying on big players. I think it’s clear that this round of meme bull market will only happen on Sol, right? I truly believe that the people behind Sol are exceptionally smart, living up to their reputation backed by Wall Street. They not only understand people's hearts but can also produce matching products (including pumpfun moonshot); other public chains can only look on in envy, trailing behind Sol and eating dust.
Rumor has it that the new SEC chairman will make a statement on the matter
Following Gary Gensler’s announcement of his resignation, speculation continues as to who will become the new SEC Chairman.
Robinhood Chief Legal Officer Dan Gallagher has declined to serve as the next Chairman of the Securities and Exchange Commission (SEC) after Gary Gensler announced his resignation. "It is always an honor to be considered for the important position of SEC Chairman," Gallagher said in a statement. "However, I have made it clear that I do not wish to be considered for this position." Gensler's resignation, which will be effective when President-elect Donald Trump takes office on Jan. 20, 2025, has fueled speculation about who will take over as SEC leader.
Is Ethereum poised for a surge after breaking $3,400?
Bitcoin continued to rise this morning (the 23rd), with the highest price climbing to $99,588. Although selling pressure emerged afterward, causing the price to fall back to around $98,500, overall, market expectations for Bitcoin to break the $100,000 barrier remain very strong. As the second largest cryptocurrency, Ethereum finally experienced a rebound after being quiet for quite some time, surging from around $3,100 to a peak of $3,426 on the 21st, but the current price has fallen back to $3,337, up 0.63% over the past 24 hours.
Hangzhou is too difficult to play now. Let me summarize it: 1. The market fluctuates and the cycle is clear: a round of market takes about four years from beginning to end, let's take a look: 16-17, 20-21, 24-25 years. 2. Long-term holding can make big money: especially in the early stage of the bull market, when the four-year cycle just starts, it is the time for you to hold it. 3. Big bull coins will rise sooner or later: any underestimated big bull coin, as long as you dare to hold it, will explode sooner or later! 4. Don't compare with mainstream coins: most small coins will not be able to outperform mainstream coins in the end, and you may not be able to outperform the big cake if you toss it! 5. The regret of the bull market is that you didn't hold it: most people regret not holding it in the bull market, not not buying it! 6. When no one believes in the bull market, the bull market is coming: when everyone doesn't think it is a bull market, the bull market is actually right in front of you! In short, long-term players are the ultimate winners. Don't be easily scared away by market fluctuations. Holding the chips in your hand is the kingly way!
As Trump appoints a Treasury Secretary, Ripple CEO shares good news with the XRP army.
Donald Trump nominated Scott Bessent as the U.S. Treasury Secretary, and Ripple CEO Brad Garlinghouse shared the good news with the XRP community.
Ripple CEO Brad Garlinghouse shared another piece of good news with the XRP community. President-elect Donald Trump finally selected a Treasury Secretary, which has filled the cryptocurrency community, including Garlinghouse, with confidence about the end of the XRP and SEC lawsuit. Ripple CEO Garlinghouse claimed Scott Bessent was the perfect choice. Donald Trump nominated Scott Bessent as the U.S. Treasury Secretary.
Meme coin is a cryptocurrency based on the Internet cultural phenomenon:
Culture-driven: The popularity of Meme coins stems from the "meme culture" on the Internet, which is usually created by developers or enthusiasts based on popular culture elements such as emoticons.
Community-driven: The development and promotion of this type of currency mainly relies on community power and market speculation, reflecting the characteristics of decentralization and community-driven.
Price Volatility: The price of Meme coins may experience severe fluctuations over short periods of time, significantly affected by market sentiment and social media attention.
Lack of practical applications: Compared with traditional cryptocurrencies, meme coins usually have no clear technical basis or practical applications and are more of a speculative tool or symbol of a cultural phenomenon.
The popularity of Meme coins not only reflects dissatisfaction with the traditional financial system and the pursuit of novel and interesting investment targets, but also shows the potential of blockchain technology in innovative applications.