Sui has already surpassed its previous ATH, while #APT is still lagging behind. Both are Layer 1s with comparable technology, developed by former members of Facebook's Diem project. Currently, the TVL for both is rising significantly, with Sui at $1.1B and Aptos at $0.75B.
Sui’s FDV is $22B, while Aptos’ FDV is $11B—only half of Sui’s— which seems unusual. On the charts, APT is seeing strong buying activity, while Sui, after hitting its ATH, appears to be losing momentum. In the near future, these two could be the strongest Layer 1 competitors after Solana.
The Aptos ecosystem seems to be receiving less attention, so there are likely some truly undervalued projects within it. Waiting for Aptos to explode, and keeping an eye on its ecosystem! #Write2Win #IntroToCopytrading #MarketDownturn #BinanceTurns7
I have to admit, right now, high-quality projects that haven’t been listed on Binance yet are clearly more of an opportunity than a risk!
- $CARV listed and immediately pushed to a 4x ROI in just four days, with volume still increasing significantly.
- In comparison to recently listed Binance coins, like $SCR, which has been rather underwhelming, only fluctuating within a 10-20% range.
In my opinion, $CARV still has a lot of potential, especially since its current market cap is only around $140M. Plus, they previously had a campaign with #Binance, so listing is just a matter of time.
$CARV raised about $53M, and compared to its current market cap, I’d say it’s still quite undervalued. Another key point is that the project has maintained a stable revenue of around $6M since Q2.
I have this feeling that $SCR is about to bump. It’s Binance’s new trend, yet it’s been oddly quiet with few mentions—everyone seems to be dismissing it (including me, I called it a failed airdrop play).However, looking at the chart, I bought a little at just over 1u. I think if the market performs well this week, $SCR has the potential to push higher—especially considering the 24-hour volume is only 4 million USD, which shows no one’s paying attention. It’s quite a flop for a new Binance product.I grabbed a small amount for fun, haha. Who knows, maybe in a few days it’ll get a spot listing and moon! #Write2Win #IntroToCopytrading #MarketDownturn #BinanceTurns7
As for the reasoning, besides what I’ve explained in previous posts, here are some clear market changes:
During the last AMA on 10/9, I mentioned that I thought memecoins would take a break for about a month before their next rally.
However, after the $EIGEN drama (where "lock" was essentially "not locked"), memecoins surged sooner than expected. One interesting shift is that the main figure in the meme sector seems to be moving from Ansem to Murad.
When the market is healthy, both VC coins and memecoins tend to rise together. It’s not like before when they fought for liquidity.
In the previous bull run, $DOGE x1000, but it wasn’t just memecoins that pumped, and the same applies now—there won’t be a rally exclusively for VC coins. As long as what you buy is profitable, that’s the key.
Watch the prices of $OP, $WLD, and $WIF closely as they all started around the 1.4u mark. How they change will be crucial in assessing the trend.
- $OP is from the $ETH/Crypto "old school." - $WLD is AI-related/traditional. - $WIF is from the memecoin space.
Projects like Berachain should aim for TGE (Token Generation Event) around this time to catch the pump in Q1. Word is the chain is moving super slowly, devs are still partying, but they will push mainnet in time for the rally =)))).
Nine months ago in Q1, if I had said Eigenlayer wouldn’t even break into the top 100, many would have laughed. But right now, it’s sitting at 116.
If Berachain misses the wave, it might end up stuck beyond the top 150.
Even though the price is going up, the overall sentiment is still full of doubt!
Holders have already braced themselves for another possible fake-out by $BTC, only to see it moon hard in November (though I think it’s more likely to go up from now).
The bears, of course, are still envisioning the scenario where $BTC crashes down to 40k, altcoins bleed, and they make an all-in move to stabilize the market, then sit back and laugh, saying, “I told you so.” But usually, when it does happen, they just say, “I told you so,” without actually buying 😂.
That being said, I don’t want to speak too soon, but looking at the $BTC chart now—if it doesn’t moon and get back to its ATH, that would be strange—especially given the current overall market doubt. #Write2Win #IntroToCopytrading #BinanceTurns7 #BTC☀
OPENAI has transitioned from a non-profit organization to a for-profit entity, with its valuation increasing 2.5 times in just two years, from several tens of billions to nearly $170 billion!
However, it's important to note that this is still an investment round aimed at big players and large funds, not yet a secondary trading round in public financial markets for retail investors.
That said, a 2.5 times growth in value is already quite rapid. Once retail investors are allowed to invest, the growth could accelerate even further!
AI is clearly set to be a major trend, unlike the metaverse, as it directly impacts daily life by enhancing content creation, job support, management assistance, and even generating fake faces to trick users 🤪.
Regardless, remember to take profits in 2025, everyone!
Trump's odds of winning have surged significantly after Elon Musk directly engaged with MAGA to rally support for him!
The pre-election period is always extremely volatile for the market, especially sensitive to stock prices and $BTC.
All parties, whether directly involved or not, want to influence the current administration to achieve their own goals.
The Democrats want stability and a strong economy to attract voters, while the Republicans aim for instability and chaos to undermine the Democrats’ credibility and boost their own standing.
Additionally, unrelated factions are also stirring the pot to cash in, like Israel, which is creating turmoil to pressure Biden into providing aid dollars in their conflict in the Middle East.
Once the election is over, we might see a slight market pullback, followed by a return to normalcy as political stability returns. The new administration will print money, and a new bull season will likely begin. #Write2Win #BTC☀ #SOL🔥🔥🔥🔥 #BNB
The fan token $OG surged 5x in just a few days, surprising everyone!
I bet those who fomoed into fan tokens during the Euro and then cut their losses must be feeling pretty frustrated right now 😂😂😂.
The price has been incredibly volatile, completely disregarding any narratives or event logic!
From May to July during the EURO, the price dumped continuously, and now, just as we approach the end of the year, when traders are fed up and cutting their losses to switch to other coins, it suddenly pumps!
Ultimately, the game comes down to seeing who can hold on the longest 😂. #Write2Win #OG
The end-of-September surge was partly due to the US and China lowering interest rates, but I believe this is only 50% accurate. The capital pushing crypto prices mainly comes from traders speculating with each other rather than fresh money from central banks.
I predict Q4 will see a Bitcoin rally, potentially pushing $BTC back to around $60k and then gradually rising toward the elections, possibly breaking its all-time high. Bitcoin dominance ($BTC.D) is likely to increase above 65%, as most altcoin projects lack innovation.
Altcoins like $EIGEN and Hyperliquid token are gaining attention. $EIGEN, despite facing criticism for unclear tokenomics, remains a bet on the elite crypto team. Meanwhile, Hyperliquid token represents a new, capable team with a community-oriented approach. However, uncertainty remains regarding its L1 release as EVM. #Write2Win #sui #eigen #BTC☀
### Potential Leads to Consider Adding to the Portfolio or Swapping Out Weaker Assets:
- **$ONDO**: The top RWA (Real-World Asset) token. From the current levels, a potential ROI of 5x-10x seems quite achievable. It’s worth considering accumulating RWA tokens as the next wave could be as strong as the second wave of the AI trend from February 2024.
- **$PEOPLE**: With election news set to ramp up in September, this will likely drive $PEOPLE’s price higher. Compared to other meme tokens on Binance, $PEOPLE clearly has the potential for a high ROI.
- **$TAO**: Backed by Grayscale, with the AI trend expected to return. It shows strong candle patterns and typically rebounds well among altcoins after $BTC crashes.
- **$IO**: A top-tier AI-Depin project with a $30M raise. Its current market cap is around $200M, making it a solid candidate to consider adding to the portfolio in the $150M-$200M range.
- **$PENDLE**: A token with skilled market makers driving its price. If it drops to around 2.5, accumulating this DeFi token could be a solid move.
- **$SUI**: The chart looks strong, with Grayscale backing and powerful market makers. It’s nearing its fund price ROI, but with the current FOMO, it could be considered in the 0.5-0.8 range.
- **$FTM & $OP**: As $ETH benefits from the Pectra wave, the main beneficiaries will be L1 EVM and L2 networks. $FTM is also accumulating nicely for the next wave.
- **$BTC Increase**: This will likely boost BTCFI and POW sectors. I’m choosing $ETHW for the POW wave.
- **Meme Tokens**: For those interested in the meme trend, $PEPE and $WIF are solid choices.
- **Lastly, $ZRO**: This token has a high chance of exploding in the near future. #Write2Win #binance #btc
Story, which recently raised $140 million, originally aimed to be a Layer 2 solution but switched to Layer 1 after seeing the success of projects like $SOL and $TRX. It’s a pattern where teams abandon Layer 2 for Layer 1, given the current market dynamics. The crypto space often revolves around selling tokens, and right now, Layer 1 projects seem more promising. With developers needing funds, creating and selling coins becomes a solution, especially in sectors likely to trigger FOMO.
If this cycle lacks technological breakthroughs, Layer 1 projects might outperform Layer 2s, as trading memecoins on Layer 1 chains requires purchasing the chain’s token. The funny part is imagining these Layer 1s competing fiercely only to potentially face challenges at launch, much like the infamous launch of Battlefield 2042. #Write2Win #binance #btc
$BTC Whether this green is real or deceptive, we'll find out soon enough. With big news coming tonight, seeing green beforehand can be a bit unsettling. But if you're in it for the long haul, there's nothing to worry about. Personally, I'm still holding on, keeping a close watch, and hoping to make even more profit this time around. Stay sharp, everyone! #Write2Win #binance #btc
$BTC Tonight is expected to be highly volatile with several important press conferences from major figures following the Jackson Hole meeting.
Here's a recap of yesterday's key news:
- **Manufacturing Weakness**: There was a noticeable slowdown in manufacturing, leading to a stock market adjustment. - **Surprisingly Strong Service PMI**: The service sector PMI unexpectedly increased to 55.2, surpassing both last month’s 54 and the forecast of 55. This strength significantly reduced recession fears. - **Rising Home Sales**: Contrary to predictions of a decline, home sales increased, indicating that the U.S. real estate market remains strong despite recession risks.
Unfortunately, despite these developments, stocks adjusted, and $BTC still hasn't broken through the $62k level.
Grayscale's $BTC holdings are on the verge of being overtaken by Fidelity, while BlackRock is set to become the largest ETF holder of $BTC. The amount of $BTC being bought by ETFs has leveled off quietly, indicating that Wall Street funds have already accumulated significant holdings. The market seems to be in a quiet phase, waiting for $BTC to make a big move, likely triggered by a wave of FOMO buying from both institutions and retail investors who are still hesitant. #Write2Win #binance #btc
The crypto market cycles over the past two years have followed a recognizable pattern:
- **Altcoin Season** - **Memecoin Season** - **Market Downturn** - **Market Recovery** - **Long-Short Season**, particularly with memecoins - **Silent Recovery into the Next Altcoin Season**
In the previous cycle, the long-short memecoin season mostly played out on tier-2 exchanges like Merc, Gate, and Bybit. However, this time, it's happening right on Binance, the top exchange, where futures for many memecoins like $MEWS, $BRETT, and $POPCAT have been listed in just the past month.
For those not specialized in this area, it's best not to get caught up in these trends, as it can lead to significant capital losses. #Write2Win #binance #btc
$DOGS is expected to list on Binance with a market cap potentially ranging between $500 million to $1 billion. Whether it can create the same FOMO effect as $NOT is quite uncertain given the current market conditions. However, it's undeniable that the $TON ecosystem is currently one of the most successful in attracting new participants into the market.
The $DOGS project is particularly strong in onboarding newcomers, even collaborating with exchanges to offer free deposit services. While $SOL might be seen as the old "slaughterhouse" for newcomers, $TON is now the "incubator" nurturing new market entrants. #Write2Win #binance #bnb
$BANANA has successfully established itself as an onchain indicator within the Ethereum ecosystem. As Solana's onchain activity starts to lose momentum and the market grows weary of the pump-and-dump schemes, many anticipated a shift back to Ethereum, which would naturally drive up $BANANA. However, unexpectedly, the focus shifted to Tron.
Good luck to those diving into Tron; as for me, I'll be staying on the sidelines for now, waiting for a market opportunity that restores my confidence.
Even without any major narrative, $20 is still a solid entry point for $BANANA, considering its market cap and the strong shilling from the Western community. If Ethereum's onchain activity heats up again, this could be a prime candidate—quick to take off and easy to trade. Keep this in mind to act swiftly when the time comes. #binance #Write2Win #ETH
The latest FOMC meeting minutes have certainly shifted market expectations, especially with the possibility of an interest rate cut as early as September. The debate over whether the cut will be 0.25 or 0.5 points is heating up, with the latter being a more bullish scenario, though less likely. Despite these developments, it seems $BTC hasn't reacted strongly, remaining close to $62k but unable to break through that level yet. This suggests that the market may still be in a wait-and-see mode until more definitive actions are taken by the Fed. #Write2Win #btc #binance