tokenutility
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đ© Schedule of Major Token Unlocks for July
When a crypto project enters the market, the circulating supply of its tokens is limited: the team, various levels of investors, employees, etc., do not have tokens on hand to avoid creating additional pressure on the coin's price.
đ©According to the schedule defined in the project's tokenomics, these participants start receiving tokens and can sell them on the market. This process is called token unlocking.
Shorting after an unlock is an old but always relevant way to make some profit.
#tokenutility #july
When a crypto project enters the market, the circulating supply of its tokens is limited: the team, various levels of investors, employees, etc., do not have tokens on hand to avoid creating additional pressure on the coin's price.
đ©According to the schedule defined in the project's tokenomics, these participants start receiving tokens and can sell them on the market. This process is called token unlocking.
Shorting after an unlock is an old but always relevant way to make some profit.
#tokenutility #july
We are live! đ EthFundMe is now officially launched. Create or support campaigns with transparency and low fees. Visit ethfundme.com to get started! #tokenutility #EthFundMe #Megadrop
$ETH
$ETH
đđâïžđMy All Followers join me Telegram
for Free Free Minning app,s
near in Lunch September 24
@Qashi43
#BTCâ
#tokenutility
#CryptoMarketMoves
for Free Free Minning app,s
near in Lunch September 24
@Qashi43
#BTCâ
#tokenutility
#CryptoMarketMoves
hamster token đđ
Hamster Token (HAM) is a decentralized meme token that launched in May 2021. It operates on the BNB Smart Chain, which offers cost-effective transactions and efficient block times12. Here are some key details about Hamster Token:
Current Price: Approximately $0.000000001318 USD1.
Market Cap: Around $13.15 million USD2.
Trading Volume: Approximately $759,798.41 USD in the last 24 hours1.
Total Supply: 10 quadrillion HAM tokens2.
Hamster Token aims to provide financial freedom and resilience against market fluctuations. It is traded on decentralized exchanges like PancakeSwap, where users can swap Binance Coin (BNB) for HAM3.
Are you considering investing in Hamster Token, or are you just curious about its performance?#OMC #Hamstercombo #tokenutility #BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI
Current Price: Approximately $0.000000001318 USD1.
Market Cap: Around $13.15 million USD2.
Trading Volume: Approximately $759,798.41 USD in the last 24 hours1.
Total Supply: 10 quadrillion HAM tokens2.
Hamster Token aims to provide financial freedom and resilience against market fluctuations. It is traded on decentralized exchanges like PancakeSwap, where users can swap Binance Coin (BNB) for HAM3.
Are you considering investing in Hamster Token, or are you just curious about its performance?#OMC #Hamstercombo #tokenutility #BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI
Notcoin Burns $3 Million in Tokensđ„
Notcoin has just made a major move by burning $3 million worth of NOT tokens to increase scarcity and boost token value. This strategic burn aims to enhance the economic health of the community.
But that's not all! Notcoin is also distributing $5 million in bonuses to reward loyal users, especially those at Gold and Platinum levels in Notcoin Explore. This initiative is designed to foster engagement and loyalty among community members.
As you can remember, Simple has joined the global listing of NOTCOIN, allowing you to invest and trade the most popular coin of 2024 right here on our platform.
Stay tuned for more updates and be part of this dynamic community!
#Notcoin #tokenutility #CryptoCommunty #Reward! #CryptoNewss
$NOT
Notcoin has just made a major move by burning $3 million worth of NOT tokens to increase scarcity and boost token value. This strategic burn aims to enhance the economic health of the community.
But that's not all! Notcoin is also distributing $5 million in bonuses to reward loyal users, especially those at Gold and Platinum levels in Notcoin Explore. This initiative is designed to foster engagement and loyalty among community members.
As you can remember, Simple has joined the global listing of NOTCOIN, allowing you to invest and trade the most popular coin of 2024 right here on our platform.
Stay tuned for more updates and be part of this dynamic community!
#Notcoin #tokenutility #CryptoCommunty #Reward! #CryptoNewss
$NOT
what should I do guys
hold or close?
#COMBO/USDT #NOTđ„đ„đ„ #1000PEPE/USDTđđđđ #pepe⥠#tokenutility
hold or close?
#COMBO/USDT #NOTđ„đ„đ„ #1000PEPE/USDTđđđđ #pepe⥠#tokenutility
According to PANews, Token Unlocks data indicates a significant release of tokens next week, totaling over $240 million in value.
Moonbeam ($GLMR): Unlocking approximately 3.04 million tokens on June 11 at 8 PM Beijing time, representing 0.35% of the current circulating volume, valued at around $950,000.
Aptos ($APT ): Unlocking approximately 11.31 million tokens on June 12 at noon Beijing time, representing 2.58% of the current circulating volume, valued at around $97 million.
dYdX ($DYDX): Unlocking approximately 1.55 million tokens on June 12 at midnight Beijing time, representing 0.55% of the current circulating volume, valued at around $3 million.
Immutable ($IMX ): Unlocking approximately 25.53 million tokens on June 14 at 8 PM Beijing time, representing 1.72% of the current circulating volume, valued at around $54 million.
Starknet ($STRK): Unlocking approximately 64 million tokens on June 15 at 8 PM Beijing time, representing 4.92% of the current circulating volume, valued at around $77 million.
CYBER ($CYBER): Unlocking approximately 886,000 tokens on June 15 at midnight Beijing time, representing 3.96% of the current circulating volume, valued at around $7.4 million.
Render ($RNDR): Unlocking approximately 760,000 tokens on June 16 at 8 PM Beijing time, representing 0.2% of the current circulating volume, valued at around $7.3 million.
#Write2Earn! #tokenutility #FreeCryptoEarnings
Moonbeam ($GLMR): Unlocking approximately 3.04 million tokens on June 11 at 8 PM Beijing time, representing 0.35% of the current circulating volume, valued at around $950,000.
Aptos ($APT ): Unlocking approximately 11.31 million tokens on June 12 at noon Beijing time, representing 2.58% of the current circulating volume, valued at around $97 million.
dYdX ($DYDX): Unlocking approximately 1.55 million tokens on June 12 at midnight Beijing time, representing 0.55% of the current circulating volume, valued at around $3 million.
Immutable ($IMX ): Unlocking approximately 25.53 million tokens on June 14 at 8 PM Beijing time, representing 1.72% of the current circulating volume, valued at around $54 million.
Starknet ($STRK): Unlocking approximately 64 million tokens on June 15 at 8 PM Beijing time, representing 4.92% of the current circulating volume, valued at around $77 million.
CYBER ($CYBER): Unlocking approximately 886,000 tokens on June 15 at midnight Beijing time, representing 3.96% of the current circulating volume, valued at around $7.4 million.
Render ($RNDR): Unlocking approximately 760,000 tokens on June 16 at 8 PM Beijing time, representing 0.2% of the current circulating volume, valued at around $7.3 million.
#Write2Earn! #tokenutility #FreeCryptoEarnings
#Token_Burning: The Mechanism Behind Supply Reduction in Crypto Projects
You might have heard of "token burning," a process used by projects to reduce the overall supply of their tokens or coins. But what does "burning" actually mean? Does it involve any literal fire? Not quite!
Token burning essentially refers to sending tokens to a "burn address," an inaccessible address with no ownership. This process effectively removes tokens from circulation. For instance, on Ethereum, BNB, and Base blockchains, one of the commonly used burn addresses is:
0x0000000000000000000000000000000000000000
---
Burn Addresses: A Hidden Opportunity for "Degen Plays"?
Burn addresses also hold an interesting potential beyond just reducing supply. In the world of "degen plays," keeping an eye on burn address transactions can actually help identify promising meme coin projects. Some projects send a portion of their tokens to a burn address at launch to generate initial hype.
By monitoring burn address transactions, you might just spot the next high-potential degen project early!
---
This approach is worth considering for those looking to find the next big meme coin or high-risk, high-reward play in the crypto space.
#TokenBurning #tokenutility #TokenUpdate
You might have heard of "token burning," a process used by projects to reduce the overall supply of their tokens or coins. But what does "burning" actually mean? Does it involve any literal fire? Not quite!
Token burning essentially refers to sending tokens to a "burn address," an inaccessible address with no ownership. This process effectively removes tokens from circulation. For instance, on Ethereum, BNB, and Base blockchains, one of the commonly used burn addresses is:
0x0000000000000000000000000000000000000000
---
Burn Addresses: A Hidden Opportunity for "Degen Plays"?
Burn addresses also hold an interesting potential beyond just reducing supply. In the world of "degen plays," keeping an eye on burn address transactions can actually help identify promising meme coin projects. Some projects send a portion of their tokens to a burn address at launch to generate initial hype.
By monitoring burn address transactions, you might just spot the next high-potential degen project early!
---
This approach is worth considering for those looking to find the next big meme coin or high-risk, high-reward play in the crypto space.
#TokenBurning #tokenutility #TokenUpdate
JUST IN: $FRONT upcoming layer1 called SelfChain (06.06.2024) and the $SLF token integration into the system and the utilityđ©âđ» $FRONT will be swap to $SLF or $SLF will be airdroped to FRONT holders:
- At the core of Self Chain is the SLF token, a multifunctional asset essential for both network operations and user engagement.
- SLF tokens are crucial for maintaining the efficiency and accessibility of the Self Chain network as they are used to pay for transaction fees. This usage ensures that the network operates smoothly and remains user-friendly.
- Ownership of SLF tokens comes with the power to influence the future of the Self Chain network. Token holders can participate in governance decisions, helping shape the protocolâs development and direction.
- Within the Self Chain ecosystem, SLF tokens serve as native collateral. This utility allows them to be used for liquidity provisioning or as collateral in various decentralized finance (DeFi) applications built on Self Chain.
#MainnetLaunch #layer1 #blockchain #SelfChain #tokenutility
- At the core of Self Chain is the SLF token, a multifunctional asset essential for both network operations and user engagement.
- SLF tokens are crucial for maintaining the efficiency and accessibility of the Self Chain network as they are used to pay for transaction fees. This usage ensures that the network operates smoothly and remains user-friendly.
- Ownership of SLF tokens comes with the power to influence the future of the Self Chain network. Token holders can participate in governance decisions, helping shape the protocolâs development and direction.
- Within the Self Chain ecosystem, SLF tokens serve as native collateral. This utility allows them to be used for liquidity provisioning or as collateral in various decentralized finance (DeFi) applications built on Self Chain.
#MainnetLaunch #layer1 #blockchain #SelfChain #tokenutility
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đ„Polymarket Allows Launch of Own Token
đ„Polymarket, the Largest Platform for Cryptocurrency Betting on Real Events
đ„The platform is seeking additional funding of $50 million and plans to use the token to verify the outcomes of real events
While there is no official confirmation from Polymarket yet, it is assumed that the new investment round will give investors the right to purchase the token in the future
#polymarket #btc #tokenutility #TokenTorching
đ„Polymarket, the Largest Platform for Cryptocurrency Betting on Real Events
đ„The platform is seeking additional funding of $50 million and plans to use the token to verify the outcomes of real events
While there is no official confirmation from Polymarket yet, it is assumed that the new investment round will give investors the right to purchase the token in the future
#polymarket #btc #tokenutility #TokenTorching
Token To Invest đŻđ°âšïž
My List of Tokens To invest Currently :
1.$TON â ïž
2.$TOKEN â ïž
3.$ARKM â ïž
4.$SNS â ïž
5.$ICP â ïž
$TRB
Follow @NaifJamal â ïž and Participate on My pin to win Excited Rewards đ°đŻđđ€
I think this Coins might perform in the Current market situation.While looking at the market trends This Coins has the potential to rise due to the recent investments and developments in their network although the market is having turbulence avoid gambling with huge postion instead try small positions . Also this is just my opinion no profits are guaranteed.Its you who Invests so Research and Invest <DYOR>
@Ton Network
@Tokenist
@Arkham
@IC
#TonNetwork #tokenutility #ARKM #SNS #ICP.
My List of Tokens To invest Currently :
1.$TON â ïž
2.$TOKEN â ïž
3.$ARKM â ïž
4.$SNS â ïž
5.$ICP â ïž
$TRB
Follow @NaifJamal â ïž and Participate on My pin to win Excited Rewards đ°đŻđđ€
I think this Coins might perform in the Current market situation.While looking at the market trends This Coins has the potential to rise due to the recent investments and developments in their network although the market is having turbulence avoid gambling with huge postion instead try small positions . Also this is just my opinion no profits are guaranteed.Its you who Invests so Research and Invest <DYOR>
@Ton Network
@Tokenist
@Arkham
@IC
#TonNetwork #tokenutility #ARKM #SNS #ICP.
BTC BULLISH MOMENT GOOD OPPORTUNITY TO LONG AND SHORT
$BTC #doge⥠#mememcoinseason2024 #altcoins #binance #tokenutility
In a Bitcoin (BTC) bull market, various cryptocurrencies offer different levels of opportunity for long (bullish) and short (bearish) positions. While large-cap altcoins and popular tokens tend to follow BTCâs upward trend, many low-cap, speculative, and niche tokens can underperform or become highly volatile. Below is an expanded breakdown of good opportunities for long and short positions during a BTC bull trend:
Good Opportunities for Long Positions in a BTC Bull Trend
Large-Cap Altcoins (High Market Cap)
Large-cap altcoins often benefit from the trickle-down effect when BTC rallies. Investors typically rotate profits from BTC into these more established projects, making them good candidates for long positions.
1. Ethereum (ETH): As the second-largest cryptocurrency by market cap, ETH usually sees strong bullish momentum during BTC bull runs, especially with Ethereumâs utility in decentralized finance (DeFi) and NFTs.
2. Binance Coin (BNB): BNB, the native token of the Binance exchange, benefits from increased trading volumes during market rallies. Its utility in Binanceâs ecosystem makes it a strong contender for long-term growth.
3. Cardano (ADA): Known for its research-driven approach, Cardano often gains traction as smart contract adoption grows. ADA could offer significant upside during a BTC-driven bull market.
4. Solana (SOL): Solana, with its high throughput and low fees, has attracted significant developer and investor attention. Its scalability makes it a strong choice for a long position during a BTC rally.
5. Polygon (MATIC): As a Layer 2 scaling solution for Ethereum, Polygon tends to perform well when transaction volumes surge, making it a good long-term bet during bullish periods.
6. Avalanche (AVAX): Avalancheâs fast and scalable platform for dApps and DeFi projects can see significant price appreciation during a BTC bull run.
7. Polkadot (DOT): As an interoperability project connecting various blockchains, Polkadot often follows BTC's upward trajectory and can be considered a good long play.
8. Chainlink (LINK): As the leading oracle provider, LINK benefits from the increased use of DeFi protocols during bullish periods, making it a strong candidate for long positions.
9. Cosmos (ATOM): Known for its "internet of blockchains," Cosmos can see strong performance as interoperability becomes increasingly important.
10. Litecoin (LTC): Often considered the "silver to Bitcoin's gold," Litecoin tends to move alongside BTC during bullish trends, though at a smaller scale.
Gaming Tokens and Metaverse Coins
Tokens related to gaming and the metaverse are rapidly gaining attention, especially in bullish markets where investors seek speculative opportunities in emerging trends like play-to-earn (P2E) and virtual worlds.
1. Axie Infinity (AXS): One of the leading P2E games, AXS tends to surge as interest in blockchain gaming increases during market rallies.
2. The Sandbox (SAND): As a key player in the metaverse, The Sandbox attracts attention during bullish cycles, with investors speculating on the future of virtual worlds.
3. Decentraland (MANA): As a pioneer in virtual land ownership, MANA typically performs well when thereâs renewed interest in the metaverse.
4. Gala (GALA): Gala Games is building a blockchain gaming ecosystem, and its native token, GALA, can rally significantly as market sentiment shifts toward P2E projects.
5. Enjin Coin (ENJ): Enjin is closely linked to the NFT and gaming space, making it a strong candidate for upside potential during a BTC bull run.
6. Immutable X (IMX): Immutable X offers Layer 2 scaling for NFTs, and with increasing interest in NFTs, it could perform well during a bull market.
7. Illuvium (ILV): Illuvium is a highly anticipated P2E game, and its token could experience explosive growth as the game gains popularity during bullish cycles.
8. Ultra (UOS): A gaming and content distribution platform, Ultra can attract investors as blockchain gaming grows in prominence.
9. Vulcan Forged (PYR): This gaming ecosystem offers a suite of blockchain games, with its PYR token likely to perform well when gaming and metaverse narratives dominate the market.
10. WAX (WAXP): Known as a platform for NFTs and digital assets, WAXP can benefit from the increasing adoption of blockchain-based gaming and collectibles.
Meme Coins
Meme coins are highly speculative but can see explosive gains during BTC bull runs due to social media hype and speculative trading. They are riskier but offer significant upside for those taking long positions in highly euphoric market conditions.
1. Dogecoin (DOGE): The original meme coin, DOGE, often benefits from speculative mania in a BTC bull market, particularly when backed by social media influencers or figures like Elon Musk.
2. Shiba Inu (SHIB): Like DOGE, SHIB has strong community backing and can see dramatic price increases fueled by retail interest and social media hype.
3. Floki Inu (FLOKI): Another dog-themed meme coin, Floki has gained a cult following and could see short-term gains in a bull market.
4. Pepe (PEPE): As a newer meme coin with growing popularity, PEPE could see rapid gains during speculative frenzies.
5. Baby Doge Coin (BabyDoge): Another derivative of Dogecoin, BabyDoge thrives in euphoric market conditions where retail investors chase meme-driven gains.
Layer 2 Solutions (Scaling Solutions)
With the increasing use of blockchain networks during bull runs, Layer 2 solutions offer faster and cheaper transactions, positioning these tokens for long positions.
1. Optimism (OP): As a Layer 2 scaling solution for Ethereum, Optimism benefits from rising transaction volumes and increased DeFi activity during a bull market.
2. Arbitrum (ARB): Another Layer 2 scaling solution, Arbitrum offers lower gas fees and faster transactions, which can attract more users as the market heats up.
3. Polygon (MATIC): As both an altcoin and Layer 2 solution, Polygon tends to perform well as users seek alternatives to Ethereumâs high fees.
4. Loopring (LRC): Loopring offers decentralized exchanges with faster and cheaper transactions, making it an attractive option during bullish periods.
DeFi Tokens
DeFi tokens are tied to decentralized finance platforms and can perform well as trading volumes and on-chain activity increase during bullish periods.
1. Uniswap (UNI)
2. Aave (AAVE)
3. SushiSwap (SUSHI)
4. Curve DAO Token (CRV)
5. Compound (COMP)
6. PancakeSwap (CAKE)
Good Opportunities for Short Positions in a BTC Bull Trend
Low Market Cap Altcoins (High Risk)
These tokens tend to underperform or stagnate despite a BTC bull market. They often lack liquidity and can be highly volatile, making them good candidates for short positions.
1. Moonbeam (GLMR)
2. Pundi X (PUNDIX)
3. eCash (XEC)
4. Harmony (ONE)
5. Telcoin (TEL)
6. Kava (KAVA)
7. Verasity (VRA)
8. Zilliqa (ZIL)
9. Siacoin (SC)
10. Ravencoin (RVN)
Niche Projects with Weak Fundamentals
Many of these tokens are speculative and have no real-world utility, making them vulnerable during market downturns. Even in a BTC bull market, these can be good targets for short positions.
1. SafeMoon (SAFEMOON)
2. Hoge Finance (HOGE)
3. CumRocket (CUMMIES)
4. Bonfire (BONFIRE)
5. Pitbull (PIT)
Overhyped Projects (Highly Speculative Meme Tokens)
Tokens that see massive gains early in a bull run may correct sharply as the hype dies down, making them ideal for short positions later in the cycle.
1. Akita Inu (AKITA)
2. Kishu Inu (KISHU)
3. Husky (HUSKY)
4. Tiger King Coin (TKING)
5. Samoyedcoin (SAMO)
Stagnant or Declining Utility Tokens
These tokens have seen declining user activity and have been overshadowed by newer, more innovative projects, making them good for short positions.
1. EOS (EOS)
2. TRON (TRX)
3. BitTorrent (BTT)
4. Qtum (QTUM)
5. ICON (ICX)
6. Ontology (ONT)
Conclusion:
In a BTC bull market, taking long positions on large-cap altcoins, gaming/metaverse tokens, and Layer 2 scaling solutions can be highly profitable as these projects often follow Bitcoinâs bullish momentum. On the flip side, short positions on low-cap altcoins, speculative meme coins, and niche tokens with weak fundamentals can offer opportunities as these projects may struggle to maintain momentum or face corrections during the same bull market.
In a Bitcoin (BTC) bull market, various cryptocurrencies offer different levels of opportunity for long (bullish) and short (bearish) positions. While large-cap altcoins and popular tokens tend to follow BTCâs upward trend, many low-cap, speculative, and niche tokens can underperform or become highly volatile. Below is an expanded breakdown of good opportunities for long and short positions during a BTC bull trend:
Good Opportunities for Long Positions in a BTC Bull Trend
Large-Cap Altcoins (High Market Cap)
Large-cap altcoins often benefit from the trickle-down effect when BTC rallies. Investors typically rotate profits from BTC into these more established projects, making them good candidates for long positions.
1. Ethereum (ETH): As the second-largest cryptocurrency by market cap, ETH usually sees strong bullish momentum during BTC bull runs, especially with Ethereumâs utility in decentralized finance (DeFi) and NFTs.
2. Binance Coin (BNB): BNB, the native token of the Binance exchange, benefits from increased trading volumes during market rallies. Its utility in Binanceâs ecosystem makes it a strong contender for long-term growth.
3. Cardano (ADA): Known for its research-driven approach, Cardano often gains traction as smart contract adoption grows. ADA could offer significant upside during a BTC-driven bull market.
4. Solana (SOL): Solana, with its high throughput and low fees, has attracted significant developer and investor attention. Its scalability makes it a strong choice for a long position during a BTC rally.
5. Polygon (MATIC): As a Layer 2 scaling solution for Ethereum, Polygon tends to perform well when transaction volumes surge, making it a good long-term bet during bullish periods.
6. Avalanche (AVAX): Avalancheâs fast and scalable platform for dApps and DeFi projects can see significant price appreciation during a BTC bull run.
7. Polkadot (DOT): As an interoperability project connecting various blockchains, Polkadot often follows BTC's upward trajectory and can be considered a good long play.
8. Chainlink (LINK): As the leading oracle provider, LINK benefits from the increased use of DeFi protocols during bullish periods, making it a strong candidate for long positions.
9. Cosmos (ATOM): Known for its "internet of blockchains," Cosmos can see strong performance as interoperability becomes increasingly important.
10. Litecoin (LTC): Often considered the "silver to Bitcoin's gold," Litecoin tends to move alongside BTC during bullish trends, though at a smaller scale.
Gaming Tokens and Metaverse Coins
Tokens related to gaming and the metaverse are rapidly gaining attention, especially in bullish markets where investors seek speculative opportunities in emerging trends like play-to-earn (P2E) and virtual worlds.
1. Axie Infinity (AXS): One of the leading P2E games, AXS tends to surge as interest in blockchain gaming increases during market rallies.
2. The Sandbox (SAND): As a key player in the metaverse, The Sandbox attracts attention during bullish cycles, with investors speculating on the future of virtual worlds.
3. Decentraland (MANA): As a pioneer in virtual land ownership, MANA typically performs well when thereâs renewed interest in the metaverse.
4. Gala (GALA): Gala Games is building a blockchain gaming ecosystem, and its native token, GALA, can rally significantly as market sentiment shifts toward P2E projects.
5. Enjin Coin (ENJ): Enjin is closely linked to the NFT and gaming space, making it a strong candidate for upside potential during a BTC bull run.
6. Immutable X (IMX): Immutable X offers Layer 2 scaling for NFTs, and with increasing interest in NFTs, it could perform well during a bull market.
7. Illuvium (ILV): Illuvium is a highly anticipated P2E game, and its token could experience explosive growth as the game gains popularity during bullish cycles.
8. Ultra (UOS): A gaming and content distribution platform, Ultra can attract investors as blockchain gaming grows in prominence.
9. Vulcan Forged (PYR): This gaming ecosystem offers a suite of blockchain games, with its PYR token likely to perform well when gaming and metaverse narratives dominate the market.
10. WAX (WAXP): Known as a platform for NFTs and digital assets, WAXP can benefit from the increasing adoption of blockchain-based gaming and collectibles.
Meme Coins
Meme coins are highly speculative but can see explosive gains during BTC bull runs due to social media hype and speculative trading. They are riskier but offer significant upside for those taking long positions in highly euphoric market conditions.
1. Dogecoin (DOGE): The original meme coin, DOGE, often benefits from speculative mania in a BTC bull market, particularly when backed by social media influencers or figures like Elon Musk.
2. Shiba Inu (SHIB): Like DOGE, SHIB has strong community backing and can see dramatic price increases fueled by retail interest and social media hype.
3. Floki Inu (FLOKI): Another dog-themed meme coin, Floki has gained a cult following and could see short-term gains in a bull market.
4. Pepe (PEPE): As a newer meme coin with growing popularity, PEPE could see rapid gains during speculative frenzies.
5. Baby Doge Coin (BabyDoge): Another derivative of Dogecoin, BabyDoge thrives in euphoric market conditions where retail investors chase meme-driven gains.
Layer 2 Solutions (Scaling Solutions)
With the increasing use of blockchain networks during bull runs, Layer 2 solutions offer faster and cheaper transactions, positioning these tokens for long positions.
1. Optimism (OP): As a Layer 2 scaling solution for Ethereum, Optimism benefits from rising transaction volumes and increased DeFi activity during a bull market.
2. Arbitrum (ARB): Another Layer 2 scaling solution, Arbitrum offers lower gas fees and faster transactions, which can attract more users as the market heats up.
3. Polygon (MATIC): As both an altcoin and Layer 2 solution, Polygon tends to perform well as users seek alternatives to Ethereumâs high fees.
4. Loopring (LRC): Loopring offers decentralized exchanges with faster and cheaper transactions, making it an attractive option during bullish periods.
DeFi Tokens
DeFi tokens are tied to decentralized finance platforms and can perform well as trading volumes and on-chain activity increase during bullish periods.
1. Uniswap (UNI)
2. Aave (AAVE)
3. SushiSwap (SUSHI)
4. Curve DAO Token (CRV)
5. Compound (COMP)
6. PancakeSwap (CAKE)
Good Opportunities for Short Positions in a BTC Bull Trend
Low Market Cap Altcoins (High Risk)
These tokens tend to underperform or stagnate despite a BTC bull market. They often lack liquidity and can be highly volatile, making them good candidates for short positions.
1. Moonbeam (GLMR)
2. Pundi X (PUNDIX)
3. eCash (XEC)
4. Harmony (ONE)
5. Telcoin (TEL)
6. Kava (KAVA)
7. Verasity (VRA)
8. Zilliqa (ZIL)
9. Siacoin (SC)
10. Ravencoin (RVN)
Niche Projects with Weak Fundamentals
Many of these tokens are speculative and have no real-world utility, making them vulnerable during market downturns. Even in a BTC bull market, these can be good targets for short positions.
1. SafeMoon (SAFEMOON)
2. Hoge Finance (HOGE)
3. CumRocket (CUMMIES)
4. Bonfire (BONFIRE)
5. Pitbull (PIT)
Overhyped Projects (Highly Speculative Meme Tokens)
Tokens that see massive gains early in a bull run may correct sharply as the hype dies down, making them ideal for short positions later in the cycle.
1. Akita Inu (AKITA)
2. Kishu Inu (KISHU)
3. Husky (HUSKY)
4. Tiger King Coin (TKING)
5. Samoyedcoin (SAMO)
Stagnant or Declining Utility Tokens
These tokens have seen declining user activity and have been overshadowed by newer, more innovative projects, making them good for short positions.
1. EOS (EOS)
2. TRON (TRX)
3. BitTorrent (BTT)
4. Qtum (QTUM)
5. ICON (ICX)
6. Ontology (ONT)
Conclusion:
In a BTC bull market, taking long positions on large-cap altcoins, gaming/metaverse tokens, and Layer 2 scaling solutions can be highly profitable as these projects often follow Bitcoinâs bullish momentum. On the flip side, short positions on low-cap altcoins, speculative meme coins, and niche tokens with weak fundamentals can offer opportunities as these projects may struggle to maintain momentum or face corrections during the same bull market.
đ„ Futures
â Long
#TOKEN/USDT
đEntry zone : 598486_610700
Targets : 614956_627133_639311_651488_663666_675843_688020_700198
Stop loss :567951
Leverage: 5x_10x
#TOKEN/USDT #tokenutility #Token2024Dubai #TokenBurningFrenzy
â Long
#TOKEN/USDT
đEntry zone : 598486_610700
Targets : 614956_627133_639311_651488_663666_675843_688020_700198
Stop loss :567951
Leverage: 5x_10x
#TOKEN/USDT #tokenutility #Token2024Dubai #TokenBurningFrenzy