Key results will be revealed next week. After some thought, it feels like there won't be too much trouble. Whether it's Trump or Harris, the market will rise significantly. Trump may push Bitcoin as a national reserve currency faster, while Harris's trend may be to fall first and then rise.
BlackRock and other institutions have accumulated chips in this price range, hoping for a certain rise. However, the dealer needs to wash out a certain proportion in the subsequent trend before they can start to pull up.
Once a new high is broken, mainstream media will actively promote it to attract more external funds, achieving large-scale returns. The chips raised are close to the dealer's price, which raises concerns that the pull-up is just a matter of time.
A bull market without altcoins is still incomplete. Bitcoin and Ethereum are like the capital and first-tier cities of a country; the inflow of funds is just a matter of timing. It first flows into large coins and then to small coins. Taking ETH and SOL as examples, their high popularity is due to their strong ecosystems. Projects like Sui, despite their strong capabilities, still struggle to attract attention due to a lack of ecological support.
Looking back three months, many altcoins rose 5 to 10 times in the early stages. In fact, almost no one says altcoins have no bull market. Most of the time, retail investors are easily influenced by FOMO, and anxiety is created to profit. Now, these coins have large market capitalizations, and after experiencing a dramatic drop, there will definitely be opportunities for 10 times or even dozens of times in the future.
The election is approaching! Layout for four cryptocurrencies is expected to increase by 100 times after the election!
ORDI
Currently, the stock price of ORDI continues to rise, with the latest trading price reaching $33, an increase of 1.4% compared to the previous trading day. The market capitalization is stable at around $681.99 million, and all circulating tokens are being traded in the market.
According to the data comparison, the trading volume to market capitalization ratio of ORDI is relatively moderate, maintaining at 7.83%, indicating a balanced attitude of investors towards its daily trading interest. Its price shows a significant advantage compared to the long-term SMA line, indicating a robust and long-term upward trend. In the coming months, ORDI is expected to achieve further growth, expected to reach approximately $105.09 in November.
SUI
The Sui chain recently received great news: Suilend has officially launched a new token standard - SpringSui! This innovation not only marks an important step for Sui in the field of liquid staking but is also expected to fundamentally change the staking landscape of Sui.
SpringSui, as a liquid asset for SUI stakers, allows stakers to earn additional yields in DeFi protocols.
SpringSui is designed based on the SIP31 and SIP33 token standards, supporting more DeFi application scenarios, further expanding the Sui ecosystem. At the same time, it has cross-protocol collateral potential, allowing liquid staking tokens to be used as collateral for loans and is expected to support collateral for stablecoins. This innovation opens new doors for DeFi on Sui, providing more flexible options and enabling users to utilize capital more efficiently.
The launch of SpringSui is undoubtedly a significant boon for Sui, bringing additional yield opportunities for stakers and promoting rapid growth in the field of liquid staking. As more protocols and platforms integrate SpringSui, the Sui ecosystem will only become more prosperous. Position for Sui, target $10!
TAO
Bittensor currently ranks first among DePIN altcoins. This open-source protocol supports decentralized machine learning networks based on blockchain. At one point this year, the coin price was close to $800, and the recent pullback may indicate that TAO is providing potential buying opportunities. On the daily chart, the TAO price is below the 20-day exponential moving average but has not yet fallen below the 50-day EMA, indicating that its price may stabilize above this support line. If this trend can be maintained, the price of TAO may rise to $681.85 in November.
DOGE
This is the ancestor of meme coins, reaching 1 dollar is just a matter of time. It is the only POW meme coin, and the founder has long thrown away the chips in hand, achieving true decentralization. On August 20, Musk tweeted that he wanted to create a "Department of Political Efficiency", abbreviated as D.O.G.E, which was suggested by the DOGE community. Trump also responded that if elected, he would establish this department to conduct a comprehensive financial audit of the government and reduce waste. Therefore, the price of DOGE is also linked to the presidential election.
