When buying counterfeit goods, I always have a principle!
Leading thinking.
Don't use the compensatory theory. The leader can continue to be strong, and it will become stronger and stronger, and the blood-sucking effect is also obvious. Only in the later stage will those compensatory junk coins appear.
There is another method, you can observe which cottages are the most resistant to declines every time they fall back.
It can be seen from this rebound that the strong altcoins have returned to the high point before the waterfall, but the weak ones have never returned. This is like marrying the wrong man if you choose the wrong coin, and the same is true even if you are bottom-fishing.
Several major trends in future cryptocurrencies:
1. Institutions have been buying BTC and will continue to buy until the market value exceeds that of gold.
2. Meme coins will become the most powerful track after the main uptrend of BTC. Regardless of whether the popular memes on the chain are listed on major exchanges or not, at least 5 memes that are currently worth only a few hundred million US dollars may impact 10 billion US dollars, even just on the chain. That is 10-20 times the space - funds are surging in the bull market.
3. Leader + heavy holdings, maximum profit.
Layout 3 cryptocurrencies that will be worth 100 times more in the future!
1. FLAKES
Floki is a meme-inspired cryptocurrency named after Elon Musk's Shiba Inu. However, it has grown into a multifunctional Ethereum and Binance Smart Chain network ecosystem. This multi-chain approach enables users to benefit from the security of Ethereum while enjoying lower fees and faster transactions on Binance Smart Chain.
The project focuses on practical applications, including partnerships with platforms such as CryptoCart, which allow FLOKI holders to shop at more than 1,700 stores. Partnerships with platforms such as CryptoCart allow users to use FLOKI tokens at popular retailers such as Amazon and Google. In addition, Floki Inu supports educational projects in underdeveloped areas. This practical tool reinforces its commitment to social impact and community development.
FLOKI’s play-and-earn model in the Valhalla gaming metaverse adds significant utility to the token. Players can earn rewards for participating in the game, capturing creatures, and completing quests, combining gaming with cryptocurrency rewards. This model incentivizes participation and fosters a vibrant community of gamers and crypto enthusiasts.
The project has also launched various DeFi services through its FlokiFi platform, including asset locking for NFTs and tokens. These services enhance FLOKI's capabilities in the decentralized finance space. In addition, Floki University aims to promote crypto literacy by providing educational content that can be accessed through FLOKI tokens.
At the same time, it has begun working with Venus Protocol, a popular lending platform on Binance Smart Chain. The collaboration allows FLOKI to be used as collateral in Venus, thereby expanding the utility of FLOKI in lending activities. In addition, Floki also announced plans to partner with a fintech company to offer bank accounts powered by Floki. These accounts will enable users to create digital bank accounts funded by FLOKI tokens,
Floki Inu has a good historical price performance, rising by more than 471% from the beginning of 2024 to October. The token has outperformed the well-known Bitcoin, Dogecoin, Ethereum, and other famous meme coins. Its price has risen by 9% in the past 24 hours, reflecting investors’ interest in the project.
2.PENDLE
Pendle (PENDLE) is trading at 5.38, up 5.24% in the past 24 hours. Sentiment around the coin remains bullish, with the Fear & Greed Index at 86 (Extreme Greed). Over the past year, Pendle’s price has surged a staggering 394%. It has also outperformed 83% of the top 100 cryptocurrencies, including Bitcoin and Ethereum.
The token is trading well above its 200-day simple moving average (SMA) of 0.778006, a massive 594.39% gain from that level. Pendle has shown consistent market performance, recording 17 green trading days in the past 30 days, accounting for about 57%. Moreover, its high liquidity relative to its market capitalization further supports its strong position in the cryptocurrency market.
The predictions for November 2024 suggest that the token’s price could continue to rise. The predictions range from 5.32 to 17.97. Based on these predictions, Pendle’s average price could be around 10.48, offering investors a potential return on investment (ROI) of 234.09%. This assumes that investors buy at the current price and sell at the predicted high. Pendle’s recent performance and technical indicators suggest that the bullish trend could continue in the coming months. Its strong performance above the 200-day SMA, high liquidity, and continued growth highlight its potential.
3.IMX
Immutable X has become the fastest growing blockchain gaming ecosystem in 2024. The latest report from Game7 and Messari highlights significant growth, particularly in new game announcements, which are up 71% year-over-year. A total of 181 new games were released, showing a clear upward trend for the platform.
Additionally, Immutable leads the Web3 gaming space in terms of platform migration. A total of 33 games have migrated from other blockchains to Immutable’s ecosystem. This shift reflects growing confidence in the platform’s security and infrastructure, indicating that developers are increasingly choosing Immutable.
These developments demonstrate Immutable’s commitment to increasing player ownership and supporting in-game economies in Web3. The platform’s token, IMX, also reflects this success, with its value increasing by 12.16% in the past 24 hours. Over the past year, it is up 19%, showing positive momentum.
