Influenced by CPI data, Bitcoin has once again broken through $100,000, reaching a peak of $100,866, while Ethereum has returned to $3,400.
Altcoins generally saw an increase of around 20%, with the AI agent sector performing the strongest.
This rise is mainly due to market expectations of positive developments following Trump's transfer of power.
In four days, Trump will deliver his inaugural speech. If Bitcoin's price can remain high before the transfer of power, the likelihood of Bitcoin breaking new highs after the transition will be greater.
Because the stronger the price foundation, the more pronounced the FOMO sentiment will be when positive news emerges, and investors' buying power will also be stronger.
The current situation is somewhat reminiscent of the FOMO (fear of missing out) seen when Trump was elected.
Many expect that Trump's administration will be favorable for cryptocurrencies, which has led to a willingness to buy the dip now, resulting in a continuous rise in Bitcoin prices.
Buying the dip on three altcoins that could potentially increase 100 times in the future!
1.LDO
Lido Finance is the largest liquid staking protocol in the DeFi ecosystem, demonstrating significant dominance. According to DeFiLlama data, Lido's current Total Value Locked (TVL) is $38.4 billion, far exceeding competitors like Rocket Pool and Jito, which hold $2.9 billion and $3.1 billion respectively. This impressive lead highlights Lido's strong foothold in the market.
Furthermore, Lido achieved a groundbreaking milestone in 2024, marking its fourth year of operation. The platform recorded its first-ever net profit of $5 million, with revenue of $99 million and expenses of $94 million. Leading cryptocurrency consulting firm Steakhouse Financial confirmed that this achievement represents a key moment for Lido's path toward profitability and sustainability.
Lido's native token LDO has also experienced significant growth. Over the past month, the token surged by 33.36%, reaching $1.53. Additionally, its trading volume increased by 38.50% in the past 24 hours, highlighting growing interest in Ethereum staking. Although its market cap has slightly decreased to $1.37 billion, these figures indicate that Lido's influence and appeal in the staking space are increasing.
However, not all news is related to expansion. On December 16, the Lido Finance team announced plans to stop operations on Polygon after a community vote. This decision was initiated by Shard Labs in 2021 and was approved by LDO token holders through the Lido DAO forum.
From January 15 to January 22, 2025, Lido's operations on Polygon will be suspended, and withdrawals will not be available. Furthermore, front-end staking support will cease on June 16, 2025, after which withdrawals can only be made via the Explorer tool.
2.TON
The TON blockchain has partnered with the analytics platform Nansen to provide advanced on-chain insights. TON aims to facilitate fast, secure, and scalable transactions, providing infrastructure for decentralized applications (dApps), which is part of its focus on Web3 technology.
This collaboration introduced query and growth dashboards that provide actionable data to help users understand activities within the TON ecosystem. These tools focus on three key areas: tracking active wallet usage, analyzing transaction volume to discover trends, and identifying well-known dApps and projects that shape the ecosystem.
These data help make informed decisions and provide a clearer understanding of blockchain activity. This collaboration highlights TON's goal of simplifying blockchain interactions and encouraging broader adoption.
Meanwhile, Toncoin's trading price is $5.42, up 3% from the previous trading day. Its price is well above the 200-day simple moving average (SMA) of $2.03, indicating strong performance. The 14-day Relative Strength Index (RSI) is 47.69, indicating a neutral market trend, suggesting a potential sideways movement.
The fear and greed index currently stands at 70, indicating that market sentiment leans towards greed. Coupled with high liquidity relative to its market cap, Toncoin appears to be in a favorable position. These indicators can provide insights into its current stability and performance.
3.UNI
Uniswap Labs has partnered with cryptocurrency hardware wallet provider Ledger to enhance accessibility to decentralized finance (DeFi). This collaboration integrates Uniswap's trading API into the Ledger Live application, allowing users to swap tokens directly while maintaining asset control through their Ledger hardware wallets.
This simplifies the user's process, prioritizing the security and convenience of managing digital assets. Additionally, Uniswap's current stock price is 24.83% higher than its 200-day simple moving average (SMA) of $10.51, indicating strong performance over the longer term.
The platform also benefits from high liquidity relative to its market cap, thereby supporting efficient trading. The protocol's annual inflation rate is 0.38%, well below the commonly referenced 2% threshold, reflecting control over token supply growth.
Nevertheless, despite the fear and greed index reaching 70, indicating that market participants are optimistic, the current price sentiment remains bearish. The 14-day Relative Strength Index (RSI) is 55.38, showing neutrality, which means trading conditions are stable with no strong upward or downward momentum.
Additionally, Coincdex predicts that the price may increase by 130.95%, with UNI reaching $30.49 by February. This forecast emphasizes the optimistic outlook for its future value, but such predictions depend on various market factors.
