SOL hits a new high, niche coins spark an investment frenzy!
Market highlights:
1. In the public chain sector, SOL and SUI are on fire, bringing along smaller players like RAY and DRIFT in the SOL ecosystem to share the spotlight. The exchange rate of SOL to ETH has also reached a new high, making SOL feel like ETH's previous status in the DeFi space, with everyone eager to jump in.
2. On the meme coin front, PUNT, BONK, and BANANA are seeing impressive gains. Musk has mentioned squirrels, PEPE, and BANANA on Twitter again, making PUNT and DOGE feel like twin brothers, moving in sync in the long run. As for BONK, I've heard they're planning to destroy 1 trillion tokens in December, which is quite a bold move.
3. In the RWA sector, OM has skyrocketed, increasing 250 times in the past year, resembling a manipulated stock.
4. Older coins like XRP, LUNA, and ATOM are also starting to catch up. However, this doesn't bode well, as it feels like the market lacks hot topics, leading to random speculation. A correction is likely coming up.
5. There are also some niche coins on the blockchain, like RIF, URO, SCI, and VITA, which are also rising significantly. Especially RIF and URO, these two are the official medical memes of DeSci, researching the elixir of life, quite bizarre, right? DeSci is based on BN's investment in bio, and the follow-up hype is somewhat similar to A16Z's investment in AI memes like GOAT and ACT, which seems worth keeping an eye on for the long term.
Recently, I plan to position myself in a potential coin ready to explode, doubling my investment should be quite easy. I'm also preparing to find some potential coins to hold until the end of the year, expecting a return of over 10 times is not a problem. If you want to follow along, pin this and share it freely.
Daily market analysis and recommendations for quality potential coins. Regular recommendations for quality individual coins and market analysis, follow the homepage for guidance. #AVAX、ROSE、ADA大额解锁 #PNUT再次走高 #BONKBURNmas销毁计划 #sol