Hello everyone, I am Ali, from Wujie Club. Wujie Club is a crypto community club focusing on primary projects, secondary transactions, airdrop tutorials and on-chain capture. The club provides market analysis, trading strategies, the latest airdrop information and project investment opportunities, and is committed to helping club members obtain comprehensive information in the Crypto field.
1
Bitcoin bears put pressure on Bitcoin, $60,000 becomes the focus
BTC/USD is currently trading at around $66,500, roughly the same as the day’s opening, showing a temporary stabilization of the market after a sharp fluctuation. The day before, although the price of Bitcoin once soared to around $70,000, it immediately encountered strong selling pressure and quickly fell back, showing the lack of bullish power.
It is worth noting that this round of price fluctuations was accompanied by a large amount of BTC funds flowing out. $2 billion of BTC funds flowed out of a wallet related to the US government, while at the same time, presidential candidates proposed the idea of using these funds to establish a strategic reserve of Bitcoin over the weekend. The contrast between the two has attracted widespread attention in the market. Crypto research expert William Clemente pointed out that this series of market actions is "not a coincidence" and predicted that the market may continue to fluctuate in the short term, but in the long run, BTC prices still have room to rise.
In the face of the drastic market volatility, for BTC prices to break new highs, they first need to firmly transform the 2021 all-time high of $69,000 into a solid support level. In addition, the withdrawal scale of exchanges has increased, which may be a positive sign, indicating the future rise of BTC prices and the breakthrough of the volatility zone. Although Bitcoin has been volatile since February, the increase in withdrawals may indicate that market participants are optimistic about future price trends.
In summary, after the Bitcoin market experienced a brief surge and retreat, traders are paying close attention to market dynamics and adjusting their positions based on their own analysis and strategies. The future trend of BTC prices will depend on the combined effect of multiple factors, including market sentiment, capital flows, and the global macroeconomic environment.
2
Trump loses the meme war, cute dogs become the biggest winner
Under the dual heat of the Bitcoin Conference and Trump's speech, the Meme Carnival Night was staged. But surprisingly, the new Shiba Inu Neiro, the owner of the Doge prototype Shiba Inu Kabosu, became the biggest winner, rather than the expected Trump concept coin. Trump's speech inspired the birth of many Memecoins, but Neiro quickly became popular on the Solana chain with its appearance on social media and the residual heat of Trump's speech. Its trading volume even surpassed that of Trump concept coin NSYB, attracting a large number of investors to turn to Neiro.
After the positive effects of Trump's speech were realized, mainstream cryptocurrencies such as BTC rose, but in comparison, the performance of "Trump concept" memes was lackluster. Early popular meme coins such as Fight and MAGA showed a downward trend after the speech, and NSYB was even cut in half after being squeezed out of the Golden Dog throne by Neiro.
Although Neiro and NEIRO have experienced considerable fluctuations and setbacks after the carnival night, it is undeniable that they have become the biggest winners of this Meme carnival night. For Neiro's deployers and early buyers, they may have made a lot of money in this feast. For the entire cryptocurrency market, the rise of Neiro undoubtedly once again proves the powerful influence and market potential of Meme culture.
Today’s recommendations are JUP, NMR, AMP, and ENA.
1
Jupp
Known as Jupiter, it is a cryptocurrency based on blockchain technology with multiple features and a wide range of application scenarios. Decentralized digital currency, the native currency of the Jupiter Chain project. JUP coin uses blockchain technology to achieve trusted exchange and trusted verification of data, providing users with secure, private, and controllable decentralized identity and data solutions. With the continuous development and popularization of blockchain technology, JUP coin is expected to become one of the important basic currencies of the future digital economy. The current price is $1.087.
2
NMR
NMR, the full name of which is Numeraire, is a cryptocurrency based on the Ethereum blockchain. It is issued by Numerai, an American artificial intelligence and quantitative investment company. The main purpose of NMR is not as a medium of exchange, but as a reward token for the smart contract platform. As the internal currency of the Numeraire platform, the investment value of NMR is closely related to the development of the Numerai platform. With the continuous development and maturity of blockchain technology and the increasing demand for prediction markets, the application scenarios and demand of NMR may further expand. The current price is $14.729.
3
AMP
AMP coin (Ampleforth) is an encrypted digital currency based on Ethereum blockchain technology. AMP coin is an ERC-20 token based on Ethereum and uses Ethereum blockchain technology. AMP coin adopts a monetary policy called "elastic supply" to maintain a relatively stable price by automatically adjusting the supply. When market demand increases, the number of AMP tokens will increase; conversely, when market demand decreases, the number of tokens will decrease. It has the potential for long-term holding and its price is relatively stable, which is conducive to long-term holding by investors. The current price is 0.00437 US dollars.
4
This one
ENA coin, full name Ethena, is a cryptocurrency based on blockchain technology. The Ethena project is committed to building a synthetic dollar protocol based on Ethereum, providing an independent currency issuance mechanism for the Web3 world and returning the currency issuance rights. To the decentralized web. With the continuous development of the Ethena project and the maturity of technology, ENA currency is expected to play a more important role in the decentralized currency system. Since its launch, the price of ENA Coin has experienced significant fluctuations, showing a strong bullish trend. The current price is $0.440.
Review of club recommendations
1.【PEPE，WIF】
When the market rebounds, meme coins are always the fastest to take action. After in-depth analysis and research, we recommend entering the market at a price point of 0.0000059, and the performance of Pepe tokens has exceeded our expectations, rising to a maximum of 0.00001208, an increase of 40.13%! The performance of Pepe tokens exceeded everyone's expectations.
WIF is most likely to become Sol's Golden Dog meme. The club recommends a layout around 1.7. The highest was around 2.23, an increase of 31.7%.
2.【STORAGE】
Storj Labs' acquisition of GPU cloud company Valdi is a big positive. Storj is a storage company, and its transformation into AI has completed the empowerment of depin+AI. The club recommends building a position at 0.3468, and STORJ has reached a high of 0.50, an increase of 40%.
Unbounded Club is a crypto community club focusing on primary projects, secondary transactions, airdrop tutorials and on-chain capture. The club provides market analysis, trading strategies, the latest airdrop information and project investment opportunities, and is committed to helping club members obtain comprehensive information in the Crypto field.
Thank you for reading this far. Ali is with you and wishes you a happy life. Good morning, good afternoon, good night, and see you next time.
