In summary, each round of the bull market has some common characteristics:
1. In the early stage of a bull market, Bitcoin will slowly rise, leading Ethereum upwards. At this time, some good mainstream coins will follow suit, while others will gradually rise, with very few altcoins soaring. This round, sectors like meme and AI, and the Solana ecosystem have seen most altcoins remain relatively quiet.
2. In the mid-stage of the bull market, Bitcoin and Ethereum fluctuate upwards, mainstream coins start to gain momentum, and a large number of altcoins begin to slowly take off.
3. In the late stage of a bull market, Bitcoin fluctuates downwards, while Ethereum as the leading altcoin may continue to rise. Major coins surge in succession, and the highlight altcoins of the second round bull market may soar several times, even dozens or hundreds of times.
So, what stage are we in now? It is obvious that we are in the transition between the first and second stages. Many people holding valuable coins may not outperform Bitcoin and Ethereum, nor the likes of Dogecoin and Frog, some even doubling their investments, feeling anxious and unable to sleep at night, thus chasing highs and selling lows, frequently changing positions. A wrong step leads to more mistakes, and the final result is that while experiencing a big bull market, others make a fortune while they themselves end up in a mess. What I want to tell everyone is that this is very normal; every bull market is like this. Choose your targets wisely and hold on! Don’t switch vehicles; fortune changes hands, and there will always be a time for it to shine!
Buy the dip on 3 altcoins with a potential increase of 100 times in the future!
1. RAY
Raydium is a decentralized automated market maker (AMM) and liquidity provider based on the Solana blockchain, offering fast and low-cost trading. The company was recently listed on the well-known cryptocurrency exchange Bithumb in South Korea, driving its price up by 10%. Raydium's current price is $5.90, with an intraday increase of 6.04%.
In the past 24 hours, the price fluctuated between $5.73 and $6.49, with a trading volume of $214 million and a market cap of $1.7 billion. Additionally, the price is far above the 200-day simple moving average of $0.296, with a deviation of 1,961.27%, indicating strong upward momentum over time.
Raydium has shown a positive price trend for 16 out of the past 30 days, with a success rate of 53%. Its high liquidity further solidifies its position in the market relative to its market cap.
The recent increase in trading volume has driven prices up, highlighting positive market sentiment. If the current trend continues, Raydium may approach the $7.00 mark, but this depends on its continued adoption and performance in the wider cryptocurrency market.
2. PEPE
PEPE has performed outstandingly recently, hitting an all-time high of $0.00002524 on November 14, before falling back to $0.00002026, down 5.87% in the last 24 hours. The 50-day moving average has recently crossed above the 200-day moving average, marking a key technical milestone that is often considered a sign of potential bullish momentum.
In the past month, PEPE's price has risen 15 times, with half of that time showing steady increases. The Fear and Greed Index indicates a very high level of greed, scoring 94, highlighting strong positive sentiment. However, the 14-day Relative Strength Index is at 42.74, suggesting that the token is neither overbought nor oversold, and may consolidate in the short term.
Meanwhile, the 24-hour trading volume to market cap ratio is 0.3678, indicating moderate liquidity. Community interest in meme tokens remains high, as evidenced by trading activity and price fluctuations. Although the token shows potential for further volatility, its current indicators suggest a mixed outlook.
3. AAVE
Aave is considering integration with the Bitcoin Layer 2 network Spiderchain developed by Botanix Labs. This proposal aims to connect Ethereum's DeFi ecosystem with the Bitcoin network, creating opportunities for users from both communities to participate in new financial activities.
Spiderchain focuses on attracting Bitcoin investors, especially those who are exploring on-chain trading for the first time. By integrating Aave's lending and liquidity services, this program allows Bitcoin holders to access decentralized financial tools without leaving their ecosystem. This approach has the potential to bridge liquidity from Ethereum to Bitcoin, encouraging interaction between the two networks.
This collaboration may also expand Bitcoin's applications in DeFi while showcasing how blockchain platforms can work together. However, this integration needs to address challenges related to technology, security, and adoption to ensure the trust and functionality of the ecosystem.
The protocol's native token AAVE is currently trading at $178, well above its 200-day simple moving average of $78.04. This performance reflects strong market liquidity and interest.
