If a bull market starts, where is the best entry point?

Here are some suggestions for your reference:

First, you need to confirm whether your holding period is long-term or short-term. If it is short-term, there is indeed a great risk, but in the long term, now is a good entry position.

For example, how much will Bitcoin and Ethereum be worth at the end of the year? Compare the current costs and the choice will be made naturally.

Secondly, do you agree that the cryptocurrency market will usher in a big bull market in the future? If you think so, then now is a good time to enter the market.

However, entering the market is a technical job. If the market fluctuates greatly, you can adopt the method of buying on dips to build a position.

If the market moves horizontally, you can buy stocks regularly every day and slowly build a position.

Don't try to buy at the lowest point, no one in this world can do that.

If you experience a paper loss on your account after building a position, please accept it calmly. You will have to bear this risk in the short term, so take a long-term view.

4 100x Cryptocurrencies Worth Investing in the Bull Market of 2024!

1.DOGE

Dogecoin (DOGE) is a lighthearted cryptocurrency based on the popular "doge" internet meme featuring a Shiba Inu dog. Unlike Bitcoin, which is designed to be scarce, Dogecoin is plentiful, with new coins being mined all the time. It was launched in 2013 as a copycat of other cryptocurrencies, but has developed a loyal community and can be used for online payments.

Dogecoin saw a sharp 10% price increase in May, though it still fell short of investor expectations when the market began to recover a few days ago. Currently, Dogecoin is priced at $0.1649 with a market cap of $23.8 million. However, June is expected to bring significant changes. As the market recovers and investor enthusiasm rises, Dogecoin is expected to rise sharply, possibly repeating the rally in March 2024, when Dogecoin soared to $0.2201, about 1.5 times its current value. Despite its recent setbacks, Dogecoin remains the most popular meme coin, ranking 8th on CoinMarketCap.

2. TREES

Book of Meme (BOME) is a two-part project: a cryptocurrency (BOME token) and an effort to create a permanent record of the web's memes on the blockchain. The BOME token itself runs on the Solana blockchain and is intended to be a meme-themed currency. The larger goal is to create a "Book of Meme" that stores meme information on a decentralized network, ensuring the survival of memes and fostering a new social media experience.

The price of Book of Meme (BOME) has long been in the doldrums, but that is about to change as the coin has shown a steady recovery throughout the month. In the past 24 hours, BOME has surged 4% to $0.01288 with a market cap of $888,652,516.

Initially, BOME experienced a significant boom, with its price peaking at $0.02805 shortly after launch. This high was short-lived, however, as the coin soon entered a sideways trading pattern without a clear recovery or peak. Looking ahead to June, BOME is expected to climb to unprecedented highs, making now a great time to invest as prices remain relatively low.

3.SLERF

SLERF is a Solana-based meme coin that gained notoriety for its sloth mascot and dramatic launch. After a successful presale raised $10 million, the developers accidentally burned those funds by sending them to an address that could not be recovered. Despite the rocky start, SLERF's price has risen significantly to become the top Solana meme coin. However, its future remains uncertain due to its meme-based nature and the volatility inherent in such currencies.

Since its launch, SLERF’s price has been steadily falling. However, the SLERF-themed meme coin initially made a significant impact, surging to a high of $1.37 and is currently 78% higher than its current value. Currently, SLERF is priced at $0.2995 and has a market cap of $149,776,986, up 10% on both metrics.

Despite the decline, Solana-based meme coin SLERF remains in high demand. As market trends shift and Bitcoin prices rise after the halving, SLERF is expected to soar to new heights.

4.APT

The Aptos blockchain has hit a new milestone after processing over 115 million transactions in 24 hours. With this record, the chain broke the industry record for the most transactions registered by an L1 platform, which was previously set by SUI. The surge is speculated to be due to the launch of Tapos, a money-making game. Data from Coinglass shows that Apots’ transaction volume far exceeds that of the Solana blockchain.

Aptos user transaction volumes hit an all-time high and the price of APT is expected to rise in the long term. The APT price had previously rebounded from the low key support level of $8 and has now entered a clear uptrend. The price is receiving bullish pushes regularly and is therefore closer to testing the next key resistance level of $9.71.

After creating an interim high between $18 and $19, the Aptos price triggered a sharp correction which seemed like a massive rejection. However, after the recent bounce, the levels have started rising along the lower trendline which is acting as a strong support. The price has approached one of the key resistance levels and another bullish push is expected to push this level above the next key range at $11.

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