Family, today I will share two main points:
Key point one: with BlackRock's Bitcoin BTC ETF options going live, Bitcoin is expected to soar above 100,000 USD within 7 days.
Key point two: pay special attention to these 5 potential meme coins, with 100 times potential, which 5 are they, and why!
Like and follow! To reveal and analyze deeply for everyone.
Bitcoin has just broken through 92,300 USD, and many are starting to believe its price may soon soar further. Some experts believe Bitcoin may be just days away from reaching 100,000 USD. One major reason for this excitement is BlackRock's recent launch of Bitcoin ETF options, causing a stir in the market. But what is driving this surge, and how far are we from seeing Bitcoin reach the 100,000 USD milestone?
BlackRock will drive Bitcoin prices to 100,000 USD
Major financial player BlackRock recently launched Bitcoin ETF options. This move has sparked widespread discussion in the crypto community, especially after the product achieved tremendous success on its first day.
Reports indicate that the trading volume of options contracts reached 73,000 in the first hour alone, placing BlackRock's product among the 20 most active non-index options.
Although options themselves do not directly affect Bitcoin's price, they can influence market behavior. BlackRock's Bitcoin products are becoming increasingly popular, drawing more attention to cryptocurrencies, especially among institutional investors. This could lead to a surge of new participants, further driving up Bitcoin's price.
Famous investor Kevin O'Leary stated in an interview with CNBC that Bitcoin will soar above 100,000 USD before the holidays, with almost no resistance in the future. As institutions continue to adopt Bitcoin, this cryptocurrency seems poised to set new records soon.
There may be a brief squeeze ahead!
As Bitcoin approaches its all-time high, some speculate that if the price reaches 100,000 USD, a short squeeze may occur. A short squeeze refers to investors shorting Bitcoin being forced to buy back the cryptocurrency to cover their positions, further driving up the price.
According to CoinGlass data, if Bitcoin reaches the milestone of 100,000 USD, 5 billion USD worth of Bitcoin shorts may be liquidated. This could trigger a chain reaction, causing Bitcoin's price to soar.
Bitcoin continues to rise, huge benefits! Focus on these 5 meme coins with 100 times growth potential in this bull market.
How to lay out in the current bull market to achieve a general increase of 10 times in the track?
First, let's clarify all the tracks, because these tracks in the crypto world are now very clear, such as Defi, GameFi, then the TON ecosystem, BTC ecosystem, and then a circle of meme coins and AI coins.
At the beginning of the year, meme coins and AI coins actually rose 10 times, while other tracks did not see much increase.
Focus on new coins and secondary new coins, as these types of coins have natural explosion conditions:
1. The concept of trading new coins rather than old ones, the narrative still has something to say.
2. Chips are sufficiently concentrated.
3. Few/no trapped positions above.
Currently, the MEME market has 4 main lines:
The first line is the political line: this line mainly revolves around Musk and his Dogecoin, as well as the Meme track spilling over from Doge to exchanges. Representative projects include PNUT, DOGE, BAKKT, etc.
The second line is the economic line: the lifeline of US stocks lies in the development of AI technology, which corresponds in the crypto world to the AI + MEME track. Representative projects include ACT, GOAT, eliza, etc.
The third line is the Binance line: the hot DeSci track these days, which CZ is very optimistic about, is dominated by Binance's investments. So when looking at the DeSci narrative, just hold tight to Binance and CZ's support.
The fourth line is the MEME coin infrastructure: Solana and some public chains riding the MEME hype make up this line. Representative projects include SOL, SUI, etc. This is also the reason why SOL has been performing so strongly lately.
Layout these 5 meme coins with 100 times growth potential
1. You can pay attention to AGENT on Gate, it’s doing quite well. AgentLayer has been issuing tokens for almost 2 months, and after checking their on-chain income, it seems decent; just one Fortuna alone has over 200,000 AGENT. The team also has vision, previously stating that they would use a portion of on-chain earnings plus some extra USDT for buybacks. Additionally, the token burn plan will start on November 30, indicating significant potential for AGENT's future price increase.
2. Chips are sufficiently concentrated.
3. ELIZA (in uppercase)
Shaw, the founder of ai16z, launched a new AI agent token ELIZA (in uppercase) yesterday (11.19). Just a few minutes after Shaw's post, its market cap had already reached about 80 million USD. In just 2 hours, the trading volume reached 200 million USD, and the current market cap exceeds 70 million USD.
4. eliza (in lowercase) eliza has exceeded $4M in trading volume within its first 300 hours, making it the fastest meme coin to achieve this goal. The price of eliza once spiked to 0.0049 USD, but last night due to multiple exchanges announcing listings, it surged to 0.08 USD before falling back, currently reported at 0.03405 USD, with a market cap returning to 32.5 million USD.
5. The meme in space, and on Binance, there are two: DOGE and BAN, you have to know their value! This topic will continue in the narrative! With the live auction coming, BAN should also break new highs and launch Binance's contracts. Initially, you can refer to Hippo's line chart, and it should soar in the future!
Remember, if you view your position as a long-term investment, then market declines should be seen as a gift. They provide the opportunity to buy more tokens.
Finally, it is crucial to develop a strategy before making any purchases and never invest all your funds.
I hope this topic helps you, 🙏 thank you all for your likes and support 👍
