Bitcoin (BTC) fell below $65,000 and Ethereum (ETH) fell below the $3,550 high, breaking the bull-bear divide.

The drastic market adjustment and the market makers' capital accumulation actions caught many investors off guard. The speed and intensity of the adjustment were shocking.

In the current continuous decline, many investors' mentality has been impacted, and they have sold their chips one after another, which is exactly the purpose of the banker to absorb the chips. However, the currencies that are really worth holding will show their value in the big drop. The big drop is not terrible, the key is that we need to stay calm and not be swayed by market sentiment.

It is precisely because of this sharp drop that many people began to discuss whether the altcoin bull market will come. Pessimists believe that there will be no altcoin bull market in the future, and that the bull market has not yet begun, and altcoins have entered a bear market.

In fact, the altcoin bull market is bound to come, because the most attractive thing about the crypto market is the wealth effect, and the demand for speculation has always existed. Compared with the previous rounds of bull markets, the current situation is different because there are many currencies, a large number of new currencies are listed every day, and the dispersion of funds is not conducive to comprehensive speculation. Therefore, it is difficult to reproduce the comprehensive bull market situation in the past. In the future, funds will be concentrated on track leaders, new narratives, and potential high-quality projects with low market capitalization. The myth that you can make money by buying anything in the bull market has ended, and investing in altcoins needs to be more cautious.

The most promising altcoin worth paying attention to at the moment!

1. RNDR

RNDR, also known as Render Token, is a cryptocurrency based on Ethereum blockchain technology created and issued by Otoy. This digital currency is not just a simple asset, but also the core driving force for the development of global distributed cloud rendering and computer graphics technology. In the RNDR network, RNDR plays an important role in transactions and payments. Users can use RNDR to buy and sell rendering tasks, and can also get corresponding rewards by providing computing resources, thereby realizing resource sharing and optimization.

Recently, after RNDR failed to break through its important resistance level of $11,760 several times, the price began to lose momentum and showed a negative trend. This caused the AI ​​token to fall to the key support level of $7,325. Currently, the Render token is on the verge of testing its key support level, and the future trend is still unpredictable.

2.AR

Arweave is a decentralized network that provides permanent data storage and hosting services. It operates similarly to Bitcoin, using an open ledger system. The protocol is mature and widely adopted, ensuring a fully decentralized ecosystem.

Arweave's main uses include saving critical data and hosting web applications. The platform provides users with a wealth of opportunities to learn, leverage, and grow. Recently, Arweave launched AO Computer, which achieves high scalability by processing tasks in parallel. Unlike traditional smart contract platforms such as Ethereum, applications on AO Computer run independently without sharing global state. The introduction of AO tokens (retroactively minted to AR holders) has attracted widespread attention.

3.OK

Ondo Finance is an Ethereum-based DeFi protocol that initially focused on traditional liquidity services and is now moving into the tokenization of real-world assets (RWA). Through innovative financial products, Ondo is committed to building a solid bridge between crypto assets and the real economy.

Recently, Ondo Finance announced a partnership with Drift Protocol, a decentralized trading platform on Solana. The partnership aims to bring real-world assets (RWA) to Solana's decentralized finance (DeFi) ecosystem. Through this partnership, the stablecoin USDY will be available as collateral on the Drift market. This integration will allow Drift users to use USDY for margin trading and lending, thereby increasing the platform's trading volume and liquidity. In addition, this partnership may also pave the way for more RWA-based tokens to become collateral for DeFi, providing traders with more options and reliability.

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#Ondo #RNDR #AR