Those who sell at a loss are all under great pressure, or have leveraged loans and will sell at a loss only when they are under pressure, or they cannot withstand market fluctuations. It is absolutely true that money does not come in a hurry. Those who always trade with a full position and a hundred times leverage are just too eager to get rich quickly. That kind of mentality often ends up with losses.
When the copycat market comes, it only lasts for two or three months. The market will go up for two months, and then it will be over. The market will start to fall and institutions will continue to sell.
HIM
Uniswap recently announced that it surpassed $50 million in cumulative front-end fees. The achievement highlights the platform’s growing influence in the DEX space, as it continues to dominate on-chain exchange volume.
Additionally, in preparation for the release of Uniswap v4, the platform launched a security competition with a prize pool of $2.35 million. The initiative aims to ensure that v4’s smart contracts are among the most thoroughly audited on the blockchain. The focus is on improving security through community-driven reviews.
Additionally, Uniswap launched UniswapX on its mobile app, allowing users to access aggregated liquidity from both on-chain and off-chain sources directly from their phones. The move is in line with the platform’s broader goal of making decentralized trading more accessible and efficient.
Furthermore, UNI has shown resilience in a competitive market. It is currently ranked 23rd among the top 50 cryptocurrencies with a market cap of $3.842 billion. UNI is currently trading at $6.447, up 3.24%.
XRP
Ripple’s XRP is one of the top altcoins that has proven itself to be not a security and has also won its legal battle with the United States Securities and Exchange Commission (SEC). Moreover, Ripple earlier announced the tokenization of gold on the XRP Ledger, which suggests that XRP is similar to digital gold.
Currently, it is trading near $0.566 and has the potential to surge higher in the coming days (altcoin season).
AVAX
AVAX has gained a lot of traction in the gaming space. Their subnet structure is well suited to accommodate dedicated gaming subnets (like BEAM), with a fully EVM-compatible chain and solid integration in the crypto space.
As a blue chip layer 1, AVAX has an excellent risk/reward profile, and the potential for explosion from the dynamic nature of subnets. Technically, it lags behind projects like Polygon that use aggregation layer technology, but has the advantage of fully functional subnets with similar scaling potential and dedicated use case potential, accommodating anything from gaming, real world assets, DePins, DeFi, and more.
From highs of around $60 in this cycle and $140 in the last cycle, it has plenty of room to run higher.
TON
Telegram-backed Toncoin (TON) is a fast-growing layer-one network that has been outpacing most crypto assets since breaking out of its all-time high earlier this year. The web3-based blockchain has nearly $600 million in total locked value, with a stablecoin market cap of over $619 million.
Toncoin’s strategic partnerships, including one with Tether USDT, and the thriving gamifi projects led by Hamster Combat and Notcoin (NOT) all help bolster TON’s bullish outlook.
Additionally, Toncoin was recently listed on Binance, the largest cryptocurrency exchange by users and daily trading volume, which helped drive TON’s price bullishness.
According to the latest market data, TON’s price has risen by more than 8% since Monday and is trading around $6.66 in early European trading on Thursday. However, the altcoin must convert the 50-day moving average (MA) into support to maintain future bullish momentum.
