Seven factors for buying altcoins:

1. The trading volume is large enough and the market value is low enough

2. Complete dilution is best.

3. New narratives and new hotspots. The rise of EDU and education-related issues are the new tracks.

4. Tracks that were not hyped in the last round, such as ID and ENS, which belong to domain names, this sector was not hyped too much in the last round.

5. Popular tracks in this round of bull market, such as AI, can be focused on, followed by Hong Kong concepts.

6. Tracks that are easily hyped, such as the gaming sector.


7. When the market falls, make arrangements gradually and do not chase the rise. You can make arrangements a little bit at a time and continue to invest until the final big bull market arrives!

From the above buying factors, we can find that if the variety you are investing in is both an IEO project and a certain track in this round of bull market, then it is the variety that can be focused on.

The concepts that have been hyped in this round of bull market include: AI, Hong Kong sector, Bitcoin ecosystem, RWA, SOL ecosystem, modularization, Ethereum L2, etc. These have been hyped and will continue to be hyped when the big bull market comes. The outdated concept sectors in the past can be laid out, but more funds should be allocated to new concepts and new tracks, perhaps there will be greater opportunities!


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Potential altcoins worth paying attention to now

TO US

Ethereum Name Service (ENS) has seen a massive surge as the likelihood of a spot Ethereum ETF approval grows. As a result, profit-taking has begun to occur in ENS, which has seen gains of up to 50% in the past two days. In the past 24 hours alone, it has experienced a notable increase of over 12%. The price of the ENS token has seen a massive increase over an extended period of time, rising by over 72% in the past week and 55.38% in the past 30 days. Due to this surge, there has been a growing interest among investors and traders, leading to an increase in ENS 24-hour trading volume.

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Ethereum Name Service (ENS) is a decentralized, open, and flexible naming system on the Ethereum blockchain. ENS converts human-readable Ethereum addresses into alphanumeric codes used by wallets such as Metamask. It aims to simplify and increase user accessibility to Ethereum-based networks. Technical analysis shows that ENS is trending upwards and is close to the $26.5 level.

PEOPLE

Today, the price of PEOPLE token has increased by 12.30% and the trading volume has increased by 3.96%. This sudden rise comes at a time when the token is trying to break out of the descending trendline that has restricted its price action since early March. During this period, PEOPLE has fallen by 70%. Now, with the price rising, the bulls are hopeful again. They are looking for a clear breakout of the descending trendline. If this happens, it could soon lead to a 100% increase in the price.

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It is worth noting that this is not the first time that it has seen its price surge. Previous attempts to break above the descending trendline have failed. Two weeks ago, the coin attempted to break above this line but failed to sustain the move. So, if the PEOPLE token reaches the projected resistance level, a decisive breakout and successful retest will occur. While the current price action is exciting, caution and analysis are crucial. It is crucial to carefully observe key levels and confirm the sustainability of the breakout before making an investment decision.

LRC

Loopring centralizes order management and executes trades directly on the blockchain. Unlike traditional DEX, it combines multiple orders into recurring trades. This breaks the one-to-one trading pair limitation. This approach not only improves the efficiency of order execution, but also significantly improves liquidity. Additionally, Ethereum-based tokens provide an open protocol for decentralized cryptocurrency exchanges. It also addresses the shortcomings of centralized exchanges, including custody risks and transparency issues. It does this by introducing a hybrid model that combines elements of centralized and decentralized exchanges

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But how does Loopring ensure strong security across its entire network? The protocol runs on the Ethereum and Neo blockchains, using their respective hash functions to ensure security. It also plans to integrate the Qtum blockchain, expanding its network and enhancing security. LRC is up 12.59% in the past seven days. The price is up 5% in the past thirty days and is trading 8.52% above its 200-day SMA of $0.268775. The 14-day RSI is 49.93, with its momentum at a crossroads, leaning neither towards overbought nor oversold. 12 of the past 30 days were positive, with volatility low at 4%.

LINK

Chainlink enables smart contracts to securely access off-chain data. Its community includes data providers, node operators, and developers. It integrates off-chain data and has attracted partners such as Brave New Coin, Alpha Vantage, and Huobi. Users can run nodes and earn income by supporting DeFi applications such as Synthetix, Aave, and Compound. The Chainlink ecosystem has made some impressive progress. It has completed pilots with JPMorgan Chase, Templeton, and Bank of New York Mellon. The Smart NAV pilot tested fund data dissemination on the blockchain.

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Furthermore, these developments support future exploration of tokenization in the financial sector. The pilot demonstrated that structured on-chain data can enable a variety of use cases, such as tokenized funds and brokerage portfolios. Furthermore, it can also streamline operational processes across the industry.

LINK has seen its price increase by 160% over the past year and is trading 2.64% above its 200-day SMA.  In addition, it has been up 20 of the past 30 days, indicating growing investor confidence. Its liquidity is high, with a volume-to-market cap ratio of 0.1596. This combination of growth and stability makes LINK a player to watch in the cryptocurrency market.

NEAR

Over the past month, NEAR Protocol has shown resilience despite the market downturn. The token has seen a significant increase in value from $5.22 to $8.50. This surge is in line with the broader trend of AI-related tokens, reflecting the growing momentum in the AI ​​industry as new products are launched. Notably, NEAR Protocol has seen an increase in both trading activity and open interest market demand, signaling a possible upward trend in its price. Strategic partnerships have further strengthened NEAR's position, driving demand and network activity.

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Additionally, NEAR is a leading consumer blockchain for mainstream applications, processing millions of transactions per day. Its roadmap emphasizes democratizing AI ownership and continuously working to improve usability and scalability, including sharding implementation. Technical analysis shows that market sentiment is bullish for NEAR Protocol, with a 24-hour trading volume of $771 million. NEAR Protocol exhibits high liquidity and market activity, trading well above its 200-day simple moving average (SMA) at 399.04%. Moreover, price predictions suggest that there is potential for further growth, with NEAR Protocol expected to reach $32 by the end of the year.