Based on the current market performance, it can indeed be said that a bull market has started.
Signs of a bull market starting:
Bitcoin leads the way: As the market's barometer, Bitcoin's price has repeatedly reached new highs, driving the overall upward trend of the market. Mainstream coins and altcoins collectively explode: When Bitcoin's increase is significant, it usually drives the prices of other mainstream cryptocurrencies (such as Ethereum, BNB, etc.) and altcoins to rise. This indicates that market liquidity is abundant and investor confidence is high.
Market sentiment: From discussions on social media and investor behavior, the overall market sentiment is optimistic, which is often a signal of a bull market.
Key tracks and tokens to watch:
Artificial Intelligence (AI) track: FET (Fetch.ai), TAO (Bittensor), RENDER (Render Network): These tokens have unique layouts and development potential in AI applications and blockchain integration.
Solana ecosystem: SOL (Solana): As an efficient blockchain platform, the Solana ecosystem is expanding. RAY (Raydium), PYTH (Pyth Network): These tokens play important financial and data roles within the Solana ecosystem.
MEME coins: NEIRO, PEPE, PEOPLE: These tokens have gained attention for their cultural connotations and community governance innovations. Although MEME coins usually have significant volatility, they often perform well in a bull market.
Mainstream coins: BNB (Binance Coin), LINK (Chainlink): These tokens maintain strength in the market due to their platform's ecosystem development and practicality.