These past couple of days, some people have been spreading a viewpoint that made me laugh: "Even old coins that can't rise have risen, which means this is the final madness."
I really don't understand how these people's minds can be so whimsical.
Take XRP, ADA, and other old coins, with such large market capitalizations, over hundreds of billions, doubling, do you think this is the final madness?
Right now, retail investors are completely wishing for the market to drop, fearing a drop, and then finding all sorts of reasons to satisfy their own thoughts.
Previously, the inscriptions sector rose, and then the meme series rose, that's what we call temptation.
Go take a look at ORDI, it has risen dozens of times, what is its market cap now? Go take a look at those meme series coins, how many times have they risen? What is their market cap?
With a few thousand million in market cap, pulling dozens of times is just a few billion, pulling hundreds of times is only a few tens of billions.
However, retail investors believe that since inscriptions have risen and memes have risen, seeing such large gains, they think the big market has ended,
but they are just being deceived by appearances; coins that had highly controlled distributions before the rise of inscriptions and memes do not need much capital to pump.
So at that time it was just market players competing with each other.
Everyone is saying there's no money in the crypto market, no bull market, but no one ever thinks about why old coins like XRP, DOGE, ADA, which have large market caps, can double quickly.
Do you think that market cap is just a number? Changing 100 billion to 200 billion is just changing 1 to 2?
The crypto market is a financial market, and it is currently the most brutal global financial market. Don't take your inherent thinking and understanding for granted.
So those who say the crypto market is doing poorly, not giving opportunities to make money, that the global economy is bad, that there is no money flowing into the crypto market, that a short-term bull market will not come, those who say these things should first clarify why the old coins have risen recently.
3 altcoins that could explode 20-100 times, worth positioning in the bull market!
BOME Although its current market capitalization is only $650 million, the trading volume has reached $350 million, with a turnover rate of 51%, indicating that it is very active in the market. Currently, the market makers are steadily positioning around 0.008, protecting the market while accumulating positions. If it can solidify its position and break through, it would be like untethering constraints, significantly reducing selling pressure, and the price is likely to rise steadily.
PENDLE (Pendle) Pendle (PENDLE) has risen by 5.24% in the past 24 hours, and the market sentiment remains bullish, with the fear and greed index currently at 86, indicating an extreme greed state. In the past year, Pendle's price has skyrocketed by an astonishing 394%, surpassing 83% of the top 100 cryptocurrencies, including Bitcoin and Ethereum.
1. No hype, everyone has a chance to buy in at a low price 2. Has a native cultural foundation, understandable in both web2 and web3 3. Simple name, self-explanatory, low cost of dissemination and education 4. Key positions have protective measures, especially high market cap can stabilize, occasionally spikes 5. Even after selling, you will remember this coin, reluctant to part with it, wanting to buy it back 6. Not necessarily the hot concepts from a few days ago or the mainstream understanding of this cycle, but leading new concepts to become popular 7. Easy to be imitated, and the elements that can be imitated are obvious, easily recognizable as copies, for example, the return of all dogs, the return of all frogs.
The key to making money now is to find a track that can step up. In fact, there are only two main lines in the currency circle now: One is the political line: Take the election of Trump and Musk as an opportunity, related memes, DOGE, and later when Squirrel came out, I thought pnut had the possibility, so I transferred half of my position to Squirrel. This is a main line. The basic structure of the entire currency circle has now become Bitcoin + meme. The other main line is the economic line Bitcoin is now closely related to the entire macro economy and technology stocks. What supports the current US stocks and the entire technology sector? Obviously, it is AI and Nvidia. In this case, you must choose coins in the AI track. You can't get coins like $WLD that are constantly diluted on a large scale. Then meme coins like $pepe are already worth billions of dollars. It's hard to imagine what these targets will look like if they rise 10 times. What kind of bull market can make a $5 billion target rise 10 times? The first starting point is that the secondary level should promote the primary level: At this time, $GOAT appeared. $GOAT is very interesting because it is an AI theme. What does it represent? It is AI plus meme. $ACT is the soil for its creation because it has a market value of hundreds of millions of dollars, and a completely new track and narrative. If the entire AI target rises generally, will you choose $WLD? Or $TAO, or $FET? I think the market will definitely make a choice.
The greed index of the cryptocurrency circle has reached 90. What does it mean?
Just yesterday, the greed index of the cryptocurrency circle reached 90. In history, when the greed index is above 90, there will be a wave of decline, or the so-called bear market. If everyone knows this established fact, then don’t look at the trend, just short and wait for the position to turn over?
Is it really like this this time? In my opinion, it is not that simple. I only know that any market is eternal and unchanged. The 80/20 rule does not need to refute me. When everyone says that the index will fall to 90, it will fall. At this time, you should be cautious. There is no other meaning. Those who understand will understand.
In fact, this market is a boring market. All the sideways fluctuations are just choosing the direction. The higher the fluctuation, the more we understand that things will turn around when they reach the extreme. The end of the strong bow and the lamp with dry oil will return to the last light. If there is a sudden rise in the near future, it is not a time to rush to chase the rise. At least at this time, it is a time to wait quietly, lie flat and wait and see, and respond to changes with the same attitude. Contract players all know that it is nothing more than opening long or short. We have always said that low long and high short. Whether it is a corresponding high position, everyone knows it in their hearts. At least this position is not at a low position, right?
Trump's trading time and Trump's positive gimmicks are slowly weakening. Although there is some Poland releasing BTC as a strategic reserve, it is nothing more than the butt determines the head. It may be chasing high to buy, and now want to create momentum, so that it can be shipped after the rise. 197 countries in the world, relative to us retail investors, they belong to institutions or big capital. But you must know that the big brother America is setting up a game, just to turn other people's money into its own money. There are never fewer fools in institutions than retail investors, otherwise there will be financial predators who snipe a country and cause bankruptcy. Similarly, institutions will also blow up, so don't be too superstitious about institutions.
In fact, in this market, making money and losing money are all very normal. Most of us retail investors are just fuel for this market. If you don't understand, then stop. All forms, all good and bad news, are nothing more than trying to plunder your resources. The surge and plunge are the time to reap the harvest.
Looking back at the previous bull markets, Bitcoin always rose first, and altcoins had to linger behind for a while. When Bitcoin peaked and pulled back, funds flowed into altcoins, and they began to soar. This time, it is estimated that it will be the same rhythm.
Now Bitcoin's market value accounts for 60%. Historically, when Bitcoin reached a staged high, the market value accounted for about this number. When it rises to about 70%, altcoins may usher in a carnival. Therefore, friends who missed the low price of Bitcoin should not be discouraged, just hold on to the mainstream coins. Now Bitcoin is the only one to show off, and other coins have not moved much. This is a good opportunity for you to get on board. After all, there are still many coins that are still hovering at a low level within a year. When the altcoins are in a carnival, you can also eat meat and return with a full load!
According to a Reuters report on the 16th, citing Reuters local time on the 15th, in a letter seen by Reuters, two Democratic senators said that the Pentagon and law enforcement agencies should investigate reports that billionaire Musk had multiple phone calls with Russian officials including Putin on the grounds of national security. Previously, Trump had announced that Musk would lead the newly established "Department of Government Efficiency" to "cut redundant regulations and wasteful spending, and reorganize federal agencies." The department will provide "advice and guidance" from outside the government and will work with the White House Office of Budget and Management. On November 13, local time, the "Department of Government Efficiency" that Musk will lead opened a social platform account and has been certified as an official government entity. The first post published by the account said: "Working overtime to ensure your tax dollars are used reasonably!"
Musk's shouting has set off a storm again! The market value of Dogecoin has exceeded 60 billion US dollars, and the Meme sector has reached its peak! With the help of Musk's shouting, the market value of Dogecoin (DOGE) easily exceeded 60 billion US dollars and became the focus of the market. At the same time, the Meme sector broke out in an all-round way, Shiba Inu (SHIB) broke through 15 billion US dollars, Pepe (PEPE) broke through 10 billion US dollars, and the second-tier Meme coins were not to be outdone, climbing to a new level of market value of 1 billion US dollars. Binance's new favorites Act and Pnut are leading the trend, achieving an astonishing increase of dozens of times in just a few days, and the market value quickly exceeded 2 billion US dollars! The current market FOMO sentiment is unprecedentedly high, and the Meme sector is like a black hole that absorbs money: Pepe, Doge, Floki, Wif, Act, Pnut and other star currencies are frantically sucking away liquidity, directly crushing those traditional projects that have been operating for many years. Old projects have been neglected, but the newly issued Meme coins have easily reached the top of the market and become the darling of capital chasing hot spots.
Dogecoin DOGE: Is it time to buy the dip or withdraw?
The current price of Dogecoin is around $0.375, and it is in a very awkward position - next to the upper rail of the Bollinger Band. This position has great opportunities and risks. It's like there is an invisible line blocking it. The upper rail is $0.40763, and Dogecoin can never break through it. The middle rail of $0.39297 is now like a powder keg that may explode at any time; the lower rail of $0.37932 is still a safe zone.
Dogecoin is now like standing on the edge of a cliff, and it takes a lot of effort to jump up every time. The MACD indicator is under great pressure to fall, but it is not completely hopeless, and there is still a glimmer of hope. The RSI and KDJ of Dogecoin, both indicators show that the market sentiment has calmed down a lot, but it may rebound if it is extremely cold. The trading volume has also shrunk and everyone is watching from the side. It is so quiet that it makes people feel creepy, and it feels like the calm before the storm.
In general, Dogecoin will have to toss and turn in this range in the short term. But the oversold signals of RSI and KDJ may be a good time to buy the bottom. However, if it cannot reach the upper track in the medium term, it may have to continue to fluctuate up and down. If you want to take a chance on rising, wait until it breaks through the upper track before taking action.
Memecoins Outpace Altcoins, Is PEPE or DOGE the Key to the Next Super Cycle?
Tokens listed on major exchanges are usually good news as they can increase liquidity and attract market attention. Recently, Pepe [PEPE] landed on Coinbase and its price quickly soared 50% to a record high of $0.00002524, which may also be due to the market trend of Bitcoin rising to $90,000. However, this rally did not last long. Just one day later, PEPE fell back by 10%, almost wiping out half of its previous gains. However, on the positive side, there is still hope for the market! Looking back at the last market cycle, we can see that memecoins outperformed many top altcoins, and 70% of the top 10 tokens in terms of growth were meme-related projects.
The performance of the Solana chain cannot be underestimated, especially in the meme coin boom. Recently, the transaction volume of pnut on Binance has exceeded $4 billion, which is almost twice that of Ethereum. With Musk's continued promotion and the potential for more support from politicians in the future, pnut still has great potential. In comparison, traditional meme coins such as dog, shib, and pepe have not shaken their positions in the market, with market capitalizations of 54 billion, 13.8 billion, and 8.8 billion, respectively. On the same track, although squirrel ($pnut) is temporarily lagging behind these traditional giants, from a narrative perspective, squirrel's communication power has surpassed shib and pepe. Over time, squirrel is expected to narrow the gap with these big projects and become a new market focus. Some small-cap projects, such as $fred, $opk, and $betch, have also ushered in a wave of outbreaks recently, especially driven by on-chain transactions.
We are currently only 25% of the way through the bull market, and the real craze of memes will be achieved in the second half of the bull market. It is still early, so buy now and don’t sell it when it goes up or down. In addition, a meme’s 100-fold increase is usually completed within 1 month, so if it doubles 5 times in 1 day and you think it’s too good and sell it, you may regret it 1 month later. When the market is calm, you can dynamically adjust your positions. When the meme is not crazy, there will be natural and random ups and downs every day. At this time, you can appropriately adjust your positions to reduce costs. A good operator can even reduce the cost of holding positions to zero before the meme takes off. But it should be noted here that you should adjust your positions when the meme fluctuates little, not when it fluctuates greatly. Because once the meme takes off, you want to say that I will sell it first, and then you may never get it back.
"Bitcoin is gold, Litecoin is silver" was once a widely circulated slogan in the industry, symbolizing the former status of Litecoin. However, in this round of bull market, Bitcoin has repeatedly set new highs, while Litecoin has failed to rise synchronously.
On November 15, the official Litecoin account X posted a message saying, "In view of the current market conditions, it is now recognized that LTC is a MEME coin." After the release of this tweet, although the price has rebounded, more importantly, it has aroused widespread attention and heated discussions in the market. In the comment area of the tweet, many community users and projects have provided ideas for Litecoin's "MEME coin" identity, deriving a series of new MEME coins.
PEPE is finally popular! Bitcoin hits 93K, PUNT, DOGE and SHIB are in the spotlight, and Meme coins are experiencing a crazy surge! How to choose Meme coins?
Brothers, PEPE the frog is popular again! As Bitcoin once again broke through its all-time high yesterday morning, reaching 93K, it was unexpected that PEPE was the second to break through its all-time high. The reason was that it was listed on CoinBase. This news caused PEPE to soar by a factor of two in a short period of time, successfully breaking through its own all-time high, and becoming another altcoin that skyrocketed after Dogecoin. However, everyone should be careful, as the big PEPE holders have already started to cash in their profits. Because after PEPE hit a new high, a fund address immediately sold 500 billion PEPE, which is a huge amount, close to 2 trillion in total. So I suggest that friends who have feelings for PEPE should not blindly chase high prices in the short term.
1. See how Binance market makers consistently trade meme coins;
2. See whether Musk will continue to support it or not, this is the core;
3. I don’t think this kind of project that has a very high 7-day pull has a very solid community foundation;
So if you buy it, you should pay attention to the risks. I personally think that on the one hand, you can see Musk’s dynamics, and on the other hand, you can continue to look for animal coins with potential. This 7-day pnut hype is textbook-level and worth learning from all parties.
Is it too late to buy DOGE now? Elon Musk discusses new DOGE role, price surges 19% in government efficiency department
The Department of Government Efficiency price surged 19% in the past 24 hours to trade at $0.4128, while trading volume surged 26% to $76.41 million. The DOGE token was inspired by Donald Trump’s idea to create a new department led by Elon Musk focused on government efficiency. In this case, Trump’s victory in last week’s US presidential election led to a significant increase in the token’s price. We did it 🫡🇺🇸🚀 American voters have spoken, and we'll see Elon Musk as Minister of Government Efficiency after Donald Trump is elected president
After Bitcoin reached $93,000, it experienced a rapid decline, with the price falling back to $87,000. Will this be the peak of the mountain in 2024?
This question should be of concern to many people
Identifying the top is a very cautious matter. According to our past experience, we need to conduct a comprehensive analysis from five aspects: technical, financial, news, fundamental, and policy
Any single technical aspect to identify the bottom and top is relatively less accurate. Of course, unless you are really good at it, there is no problem
The current currency circle has integrated global capital, and its complexity exceeds any financial market, so I personally think that a comprehensive analysis of 5 aspects will greatly increase the winning rate
Although it is difficult, as long as it can help us make money, we must overcome these. After all, no one can get along with money
Of course, learning is a difficult thing. It corresponds to human nature. Just like speculating in currency, you may make money for a while, but it does not mean that you can make money in the future Keep making money; the same goes for learning. If you can't make progress this month, it doesn't mean that you don't need to make progress in the same issues in the future.
Making money is a complicated thing, and no one can do it easily.
This is why many people found that they didn't make money by holding the currency.
The development order of the market has changed, and Bitcoin is no longer such a simple digital currency, so everything is different.
However, one thing will not change, that is: gold will always shine.
Only by improving the ability to find gold can you make money in the currency circle for a long time and stably.
The story of Bitcoin is still continuing. The price of 90,000 US dollars is trapped by human nature, not Bitcoin itself, so Bitcoin has no top.
Musk has been calling orders these two days, and#PNUTcontinues to rise. In the morning, a group member bought 100U, and now it has tripled. If you bought 10,000U in the morning, it would be 30,000U now. It is not a dream to earn 20,000U a day. It is so easy to make money. Unfortunately, I don’t have PNUT positions, so I can only watch everyone get rich. Did you make money in this wave of MEME market? One day in the currency circle is like working for a lifetime. Choice is 10,000 times more important than hard work. Your life today is the choice you made three years ago, and your choice today will be your life three years later. My friend, it hurts!
Some people rely on luck for freedom, and some people rely on technology for freedom. Freedom is the end point. Their ways may be different, but they all end up in the same place! The post-00 team made tens of millions in just 2.4 seconds. The day before yesterday, Binance announced the launch of two MEME coins, ACT and PNUT, so the story began. High energy ahead, the most exciting is coming, the Formula team monitored the Binance listing interface at the first time, from monitoring to listing ACT to making three transactions: 1: 0.023 US dollars, bought 4.4 million pieces, spent 106,000 US dollars; 2: 0.029 US dollars, bought 3.6 million pieces, spent 106,000 US dollars; 3: 0.036 US dollars, bought 2.9 million pieces, spent 106,000 US dollars; Total: spent 318,000 US dollars to buy 10.9 million ACT, it only took 2.4 seconds, it can be said to be fast, accurate and ruthless, and then the chain ACT instantly rose 10 times, from 20 million US dollars to 200 million US dollars, and the current ACT market value is 580 million US dollars.