The market is currently dominated by memes, but this is also a great opportunity to accumulate undervalued utility tokens.
Author:arndxt
Compiled by: TechFlow
Here are some suggestions.
Memes have dominated the crypto market’s trading volume lately. If you hold utility tokens, don’t expect them to rise quickly — it really requires patience. Perhaps a better strategy is to profit from memes first, then invest those gains in utility tokens.
I also noticed that the market is full of hype and pump and dump. A few days ago, I found that some people started digging up those forgotten old memes and trying to revive them. In my opinion, this is a large-scale fear of missing out phenomenon. When the market starts to slow down in the next few days, only the quality memes will maintain their value.
$BABY
$WIF
$POPCAT
$NEURO
I would like to remind everyone to be careful of low-quality projects that are artificially hyped, so as not to get caught up in the trap. Although we have seen a significant rebound in AI tokens in general, most investors are still cautious.
I believe our market right now is dominated by memes, but this is also a great opportunity to accumulate undervalued utility tokens that may gain traction in the future.
$RSS3 is an open information protocol that I am very much looking forward to, especially the part related to @follow_app_, which has become the number one popular project on GitHub.
$BANANA - My favorite yield generating token, it is severely undervalued compared to $AAVE's earnings in the past 30 days. I think $BANANA has at least 100x growth potential. In addition, I am also very bullish on $PENDLE, $EQB and $LYNX. $CELO - Vitalik mentioned this project and its activity is also increasing.
$ALEO - I am currently following the development of this project closely.
$FTM - Sonic upgrades and its strong financial reserves will be a major selling point.
$APT - This token is attracting institutional investment, and tokens like $AVAX, $CHEX, and $IXS are my favorites when discussing RWAs and institutional investment.
$SOL - This is a chain that has stood the test of time, is capable of handling a large number of transactions, and is expected to be a strong investment this year.
$AZUR - Gamblefi will regain its glory days again, @Polymarket's funding round may boost the market. Other tokens like $WINR, $RLB and $CROWN are also worth watching.
$W - The long-neglected token is gradually being accumulated, while $STRK and $ENA have also experienced significant declines from their all-time highs (ATHs).
$NEAR - This chain is constantly innovating and has a strong focus on the AI space. I also keep an eye on some other tokens like $ATH and $DEAI, while you can also keep an eye on $SPEC, $GURU, and $TARS.
