Based on the information you provided, let's analyze the data and market situation of SOL (Solana):
1. **Activities on the Pump.fun platform**: Pump.fun, as the largest Meme coin launch platform on the Solana chain, sold another 40,000 SOL today, worth approximately 6.68 million USD. So far, Pump.fun has generated a total revenue of 969,945 SOL (about 162 million USD) and sold 503,343 SOL (around 78.7 million USD) at an average price of 156.4 USD.
2. **Market attitude towards Meme coins**: Despite the frequent activities on the Pump.fun platform, some believe that the inspiration from various chains for memes is not a good thing. The more dispersed the funds, the harder it is for altcoins to recover, which may lead to market chaos like the previous inscriptions.
3. **Sun Gua (Sun Yuchen) and the Pump situation on TRON**: You mentioned that Sun Gua was very active in pumping on TRON before, but ultimately did not have a significant impact. This indicates that even with strong promotion, it may not necessarily bring the expected market effect.
4. **Pump situation in the Binance Chain ecosystem**: You also mentioned that the eco pump on the Binance Chain did not show much improvement, making the probability for projects like AEP even lower.
In summary, although the Pump.fun platform is frequently active on the Solana chain and generates substantial revenue, the market's attitude towards Meme coins and historical performance indicate that this model may not be sustainable and carries considerable market risks. Investors should cautiously assess market conditions and potential risks when considering participation in such projects.
As beginners in cryptocurrency trading, they start off very cautiously. They usually invest a little of their savings, and only after some contemplation do they dare to step into this circle.
Most of the time, they enter during a bull market, while in a bear market, beginners generally avoid it altogether.
At first, seeing their few thousand in capital grow by more than ten percent daily makes them feel ecstatic, thinking that the crypto world is simply a paradise for making money, that earning is too easy.
Thus, they begin to increase their investments, not only pouring in all their spare cash but some even go to various lending platforms to borrow money for trading.
They even think that those who use services like Huabei, Wangshang Loan, or Weili Loan are truly "wooden-headed," making only four yuan a day from ten thousand, which is too little. In the crypto world, profits increase by the thousands.
Watching their account balance grow, they become arrogant, looking down on everyone, feeling that they have found the secret to wealth, as if all the world's money is in their pockets.
Although their account balance has increased, their debts in the outside world are also piling up. However, they feel quite secure because they genuinely believe they have made a good profit; they are just not satisfied and want to dream bigger, to become millionaires or even billionaires.
But the good times don't last; the bear market arrives, and the beginners barely have time to react. When it initially drops by twenty percent, they think it's just temporary, and if they hold on, it will bounce back.
Instead, it keeps dropping harshly, and they keep waiting, hoping for a market correction.
In the end, their account balance is nearly gone, and many projects have been gradually delisted from exchanges, which essentially means those projects are finished.
With the money gone, their dreams are shattered, leaving only a pile of external debts.
They have completely become the losers of the crypto world.
To be fair, if viewed purely from a cultural perspective, MOG's cultural attributes might slightly outweigh those of $POPCAT. However, after multiple comparisons between the two, whenever I think about purchasing MOG, there are always some doubts echoing in my mind:
Why not consider projects on SOL during the same period? Do you prefer trading on third-tier exchanges or first-tier exchanges? If A has a market cap of 200 million and B has 400 million, would you choose A just because of the market cap difference? If the market caps of both differ by 10 times, then choosing A might make sense, but if A rises to 400 million, would you choose to sell? Did you choose A because you missed the opportunity with B? Have you really thought through the core competitive advantages of A and B? If you have already invested in SOL, why would you want to incur additional expenses on ETH? Why not continue to strengthen those investments that the market has already proven to be correct, instead of pursuing those speculative opportunities?
In the past, I envied SPX on ETH because there were no similar projects on SOL. But now the situation is different; the rise of AI COIN will surpass those financially hollow movements.
When we trade cryptocurrencies, we should never do three things.
The first thing is to never buy when the price is rising. Be greedy when others are fearful, be fearful when others are greedy, and be able to buy when the price is falling, and make this a habit.
The second is to never place orders.
The third is to never hold a full position. After holding a full position, you will be very passive. Moreover, what this market lacks the most is opportunities, and the opportunity cost of holding a full position will be very high.
Discussing Market Dynamics: Recently, Bitcoin has experienced a strong surge, and in the secondary market, aside from mainstream public chains, some favorable projects have also performed well. However, Bitcoin and the outstanding Solana (SOL) still dominate, while Ethereum (ETH) has been jokingly referred to by some as the "doomsday vehicle." Other altcoins have performed relatively mediocre. The market is currently undergoing a normal correction while also liquidating contracts.
Based on my personal esoteric predictions, Bitcoin may break through its previous high around the end of the month on the 31st.
In the primary market, the three major projects in the AI field: GOAT, GNON, and ACT have performed particularly strong. Moreover, I heard for the first time that AI projects are also engaging in market manipulation, which is really interesting. The capital power behind these projects is very strong. The fact that they can stand back up again indicates that the big players may be planning larger moves, and this has confirmed the AI sector as well. The power of capital is so strong that you can't help but admire it.
Yesterday, Bitcoin led the market correction, and the rise of altcoins has temporarily come to a halt. Market fluctuations are a normal phenomenon; there is no market that only rises without falling. In terms of the overall trend, such volatility does not constitute an impact. Looking at the entire month of October, the performance of altcoins has been quite outstanding.
The real challenge lies in coping with a market that rises for three days, corrects for one day, and then oscillates for two days. When analyzing the market, we should not only focus on the current price but also seek patterns from historical trends and summarize experiences. Conclusions drawn from objective facts are closer to the true state of the market, which helps us decide whether to continue holding or to cash out and wait.
In October, altcoins have been very active, and sector rotation has been quite vigorous. This week, the "Metaverse" sector took the baton, and a "dark horse" emerged: APE. The rise of this coin continues this year's "violent" style, and it has surged very rapidly. This is also what makes the cryptocurrency market most appealing and what investors look forward to.
Entering October, choosing a "dark horse" in a strong sector is the only opportunity for ordinary people to achieve overtaking on a curve. Do not blindly follow trends or make arbitrary purchases. After seven months of market washing, we must learn to grasp the big picture, abandon opportunities we do not understand, avoid chasing ambiguous trends, forget the myth of becoming rich with altcoins, and invest steadily.
Look for investment opportunities that you can understand, are confident in, and have the least risk, and act decisively. Accumulating the first bucket of gold requires steadiness; the speed can be slower, but it must be solid. In the cryptocurrency market, without the first bucket of gold, trading coins will become increasingly difficult, with more and more incomprehensible trends and greater policy impacts, all of which are invisible barriers.
The growth rate of the cryptocurrency market far exceeds our imagination; every technological implementation and every policy announcement accelerates the industry's development. The myth of getting rich quickly is becoming rarer, everything is becoming more legal and compliant, and the pace is gradually slowing down. By adapting in advance to these subtle changes, we can better plan our future investment paths.
Chainlink (LINK) seems to be on the rise, with a target price set at $19. Are you ready to embrace the next wave? This cutting-edge technology enhances cross-chain security, especially supporting the NFT sector, and underpins a massive $16 trillion transaction infrastructure. Recently, LINK has caught the attention of traders due to its price increase, which may indicate that a larger breakthrough is on the horizon.
Can Chainlink's expansion drive prices significantly higher? Chainlink has made significant progress in multiple fields and expanded its influence through major partnerships in gaming, DeFi, and banking. In the gaming sector, Sony's Soneium leverages Chainlink's Cross-Chain Interoperability Protocol (CCIP) and data sources to enhance blockchain adoption in the industry. In the DeFi sector, Aave uses Chainlink Oracles to provide secure price information and cross-chain lending; in the banking sector, Australia and New Zealand Banking Group (ANZ) utilizes Chainlink to enhance cross-border payments and asset tokenization. Additionally, Citibank is collaborating with Chainlink to integrate DeFi into traditional finance.
These partnerships have driven Chainlink's growth and helped push blockchain technology into mainstream applications. As a result, LINK's price remains strong and has rekindled institutional investors' interest, laying the groundwork for the potential long-term growth of the token.
LINK Price Prediction: How high can it go? Resistance Levels: $12, $13, $14. Support Levels: $10, $9, $8.
On the LINK/USD daily chart, Chainlink's price has shown a strong upward trajectory. The Parabolic SAR indicator supports this price trend, currently showing continuous points forming below the price, which is a strong bullish signal. Such signals typically reflect that the current trend may continue to rise in the short term.
Furthermore, the MACD indicator has confirmed a bullish crossover, as the MACD line has risen above the signal line. This crossover is accompanied by an increasing positive histogram, further indicating that buyer strength is on the rise. The convergence of these technical indicators suggests a shift in market sentiment towards optimism, enhancing the likelihood of LINK's continued upward movement.
The blockchain-based transaction tracker Whale Alert posted that a cryptocurrency giant withdrew 52 million XRP tokens valued at $28.67 million from the South Korean cryptocurrency exchange Bybit. This activity may impact XRP's market trend. XRP is currently showing signs of breaking out of a 3-week consolidation phase, with overall market sentiment bullish. The current trading price of XRP is close to $0.5432, while its trading volume surged by 115% during the same period, indicating high participation from traders and investors.
After reaching a peak of $69,546 yesterday morning, Bitcoin encountered selling pressure, and late last night briefly dropped below $67,000. Earlier around 8:30, it once again approached the $66,500 level, quickly falling below the low of October 17 before bouncing back, which may have forced many investors to exit the market. Before the deadline, the price rebounded to $67,296, down 2.46% in the past 24 hours. Currently, Bitcoin's upward trend seems to be interrupted; whether this is just a temporary correction or a move by major players to suppress prices while market sentiment is high, waiting to push up closer to the U.S. elections, remains to be seen.
Last night, Bitcoin's price fell to $67,000, erasing the gains of the previous three days. Some analysts indicated that one reason for the correction is investor concern about the impact of traditional markets, which has reduced exposure to Bitcoin. However, indicators of Bitcoin derivatives remain very stable. Despite concerns that many economies may lose momentum or a weakening confidence in government debt refinancing capabilities, the demand for Bitcoin derivatives as a hedging tool remains stable. If whales or arbitrageurs expect further declines, these indicators will reflect greater volatility. Bitcoin futures have not shown signs of bearish bets; in a neutral market, Bitcoin futures premiums typically range between 5% and 10%, and were only slightly affected on October 21. The increase in monthly BTC futures prices reflects an extended settlement period, and when premiums exceed 10%, it indicates bullish sentiment.
According to the latest market analysis and data, the next steps for Shiba Inu (SHIB) may be influenced by the following factors:
1. **Decline in Whale Trading Volume**: In the past 24 hours, whale trading volume on Shiba Inu has dropped to less than 1 trillion SHIB. This significant drop may lead to future price fluctuations. With the decline in whale participation, unless investor interest rebounds, the price of SHIB may face downward pressure.
2. **Market Sentiment and Trading Volume**: The trading volume of SHIB has sharply decreased, threatening its recent prospects. Significant price fluctuations are traditionally driven by whale activity; the reduction in trading volume indicates that momentum among well-known participants is waning. If the current reduction in whale activity reflects market sentiment, Shiba Inu may experience a cooling-off period, and the continued decrease in investments from large investors in SHIB may lead to price declines or further stagnation.
3. **Price Resistance Levels**: Shiba Inu is currently testing strong resistance levels on the price candlestick chart, specifically in the range of $0.000018. According to the exponential moving average, prices have remained stable around this level, indicating that market sentiment is generally neutral.
4. **Market Dynamics**: Significant price fluctuations in assets like SHIB are traditionally driven by whale activity; the reduction in trading volume suggests that momentum among well-known participants is waning, which may lead to further price declines or stagnation.
In summary, the next steps for Shiba Inu (SHIB) are uncertain and may be influenced by the reduction in whale trading activity, changes in market sentiment, and breakthroughs at key price resistance levels. Investors should exercise caution and closely monitor market dynamics.
CHESS (Tranchess) is a decentralized asset management protocol that offers solutions for yield enhancement and risk hedging. Tranchess meets the needs of investors with different risk preferences through its tiered tokens, such as QUEEN, BISHOP, and ROOK. With the continued growth of the DeFi market and the increasing demand for more flexible investment tools, CHESS may benefit from this, attracting more users to join.
At the same time, investors need to be cautious of the Marvin scam numbered 7055, which is exploiting the popularity of the puppies community to deceive investors. It is also important to watch out for accounts impersonating real users, as they may mislead others through fake reviews and comments to commit fraud.
LUMIA is an emerging blockchain project that may provide innovative solutions in the decentralized application (DApp) or blockchain infrastructure space. Although further understanding of its specific application scenarios and technical details is needed, if the project can demonstrate strong technical capabilities and ecosystem growth potential, it has the opportunity to gain market support and recognition.
Puppies is a recently issued ERC-20 token, with its current focus on enhancing market visibility and expanding real-world application scenarios. The community plans to attract investor attention through unique marketing strategies and enhance people's positive impressions of Puppies. If it can successfully establish a loyal community and develop real use cases, Puppies is expected to achieve significant market growth in the early stages.
At present, many industries and fields seem to have been dominated and controlled by big capital. For ordinary people, it is relatively difficult to achieve huge wealth growth only by technology or wisdom.
If you are not from a prominent family, do not have the courage to rely on luck to gamble, and do not have irreplaceable business resources, then for the general public, blockchain may be the only low-threshold and rapidly developing path.
The reason why I emphasize the importance of blockchain is not simply to praise it, but because it represents a major change in technology and finance, similar to the stock market 20 or 30 years ago.
Historical experience tells us that when most people think something is a scam, it may contain opportunities. Once ordinary people, economists, and even elders begin to recognize and praise it, it may mean that the opportunity has passed.
Zhao Changpeng once placed a heavy bet on Bitcoin, even selling his house to invest. Although the price of Bitcoin fell sharply later, he still maintained a firm belief. This spirit of sticking to one's beliefs even in the face of huge losses is like the "Sunflower Manual" of the currency circle: to practice peerless martial arts, one must first sacrifice oneself. When he left OKCoin due to internal conflicts, many people thought that his career was over. Unexpectedly, he founded Binance in 2017 and achieved great success, which is in line with the saying "If the east wind does not come, the catkins in March will not fly."
While others are still struggling with basic issues, Zhao Changpeng has already taken his "chicken" (Bitcoin) and ran towards the future. Now many people enter the currency circle, expecting to get rich overnight or face huge risks. But the real winners are those hard-core investors like Zhao Changpeng who can stand up again even after setbacks and move forward courageously. The name of "gambler" may be remembered with the market boom, but remember that this is not just a gamble, but also a test of faith.
So when I checked my wallet again today and saw the current price of Bitcoin, I bought all of it without hesitation. Fasten your seat belts, everyone, our journey to the moon has just begun. The target price? To reach the height of the moon.
In the last round of bull market, BAYC (Boring Ape Yacht Club), as one of the most well-known NFT projects, finally announced the launch of its own Ape Chain after many ups and downs. This move marks the further expansion of BAYC in the blockchain field. The development of Ape Chain chose Arbitrum Orbit instead of OP Stack, which is usually chosen by other large project teams. A major highlight of Ape Chain is that users can get automatic returns without staking after crossing assets to Ape Chain, which is particularly attractive in the current cryptocurrency market.
Since the launch of Ape Chain, it has generated more than 360,000 transactions in a short period of time, showing the activity of its network and the interest of users. In addition, with the rise of the meme craze, the market value of the meme coin CURTIS on the APE chain has exceeded 14 million US dollars, and the floating profit of the largest beneficiary has exceeded 13 times.
The launch of Ape Chain has brought new vitality not only to BAYC, but also to the entire cryptocurrency market. By providing a model for earning income without staking, Ape Chain is expected to attract more users and capital inflows, thereby promoting the development of BAYC and other related projects. At the same time, Ape Chain's cross-chain function and native revenue model also provide users with more flexibility and revenue opportunities, which may become a key factor in uniting the BAYC community and promoting its greatness again.
[Analysis of the reasons why the price of ApeCoin (APE) increased by 66% daily] After the NFT market experienced a downturn, ApeCoin, one of the more affected projects, seems to have faded from the sight of many cryptocurrency investors. However, just a few hours ago, the project released a major news that triggered a significant increase in its native token APE, with the price breaking through the $1 mark.
The core content of this announcement is the official launch of the project’s cross-chain function, which is similar to bridging tools for other cryptocurrencies, allowing users to connect their wallets and exchange digital assets. Currently, networks supported by this feature include ApeChain, Ethereum and Arbitrum.
With the launch of this feature, investors will now be able to earn native income from a variety of altcoins, including APE, Ethereum (ETH), and some stablecoins. In addition, the ApeCoin team has also promised to launch a stimulus package for core users, which is expected to be announced by Sunday.
The news spread quickly among the crypto community and attracted widespread attention. Affected by this, the price of APE surged by more than 66%, from US$0.75 to US$1.25, hitting a four-month high. Its market value also exceeded US$900 million, returning to the top 100 cryptocurrency market capitalizations. .
With only three months left in 2024, I boldly predict that the following five phenomena will occur in society:
First, more and more people will open stock accounts and enter the stock market. It is expected that the Chinese stock market will usher in a new wave of sharp rises. The Shanghai Composite Index is expected to hit the 4,000-point mark. The streets and alleys will be filled with discussions about the stock market, and the atmosphere will be warm and festive.
Second, the continued hot stock market will attract more middle-aged and elderly investors and the young generation born after 2000 to join the ranks of stock speculation, forming a wave of stock speculation for all people, further accelerating the progress of the bull market.
Third, as funds are transferred from banks to the stock market, the total amount of bank deposits will decrease rapidly. People have changed from crazy savings before to crazy investments now, and there has been a big reversal in the flow of deposits.
Fourth, the wealth effect of the stock market will drive the recovery of the consumer market. During the National Day, there will be a surge in people, and tourism consumption is expected to hit a new high. Online shopping during the Double 11 period is also expected to pick up, and the doorsteps of many families will be filled with express parcels.
Finally, as first-tier cities such as Beijing, Shanghai, Guangzhou, and Shenzhen relax restrictions on real estate purchases, the real estate market will begin to pick up, sales offices will see a rebound in popularity, and some properties will begin to raise prices, with the real estate market heading towards a stabilization.
For those who are keen on shorting SUI, let's take a deeper look at their mentality.
Shorting SUI is like sitting in a cafe waiting for others to fail without ordering a cup of coffee. These people seem to think that their job is to be pessimistic when others are hopeful about a project, because - hey, since there is no money to be made, it is better to bet that it will fail. After all, why support innovation and development? Lying down and waiting for failure is their "smart" way!
The way they short SUI is as if they are saying: "Oh, this project looks good, the technology has potential, and the company is moving forward steadily, but I still bet that its stock price will fall, so that it will be fun to watch." In fact, they don't understand what long-term value is at all, just staring at the short-term stock price fluctuation chart, as if they are ready to express negative views on the market at any time.
What they don't realize is that the technology and ecosystem behind SUI are quietly shaping the next future, while they are busy reveling in the trough and don't notice that the peak is just around the corner. When they finally realize this, they may only be able to watch others climb to the top and sigh: "Why do I always make the wrong bet?"
Elon Musk publicly criticized the Secret Service, pointing out that the Secret Service has 8,300 employees but failed to properly protect former President Trump, suggesting that they did not perform their duties. After Trump was shot in Pennsylvania, all the focus was on security. Some American people said in an interview that the gunman had been discovered when he climbed onto the roof, but the local security personnel turned a blind eye to this safety hazard, perhaps because they were usually lax or mistakenly thought that the gunman was also one of the security personnel. In any case, the former president's security issues were obviously seriously negligent.
Republican lawmakers said in an interview that the U.S. Department of Homeland Security had repeatedly rejected suggestions to provide Trump with stronger Secret Service protection. The specific reason is unknown. It may be that Biden did not approve it, or the approval process is cumbersome. In response, Musk, who supports Trump, publicly called on the Secret Service leader to resign on social media. The leader he referred to was Mayorkas, the Secretary of Homeland Security. Musk was not the first person to criticize him. Republican Congressman Mike Waltz of Florida had also criticized him before.
Although the US Secret Service has conducted a comprehensive investigation into the incident, the shooting has already occurred and any subsequent remedies seem too late, and the remedial measures taken now will only give people the impression of hindsight. The US Secret Service was established in 1865 and currently has 8,300 employees. Their duties include protecting current and former US presidents, vice presidents and other important officials, including presidential candidates.
The Secret Service's action teams include anti-sniper teams and anti-assault teams, and they need to cooperate with local security forces at the event site to achieve maximum security effects. Trump first became the subject of Secret Service protection in November 2015, when he first entered the public eye as a Republican presidential candidate. As a former president, he will enjoy the protection of agents for life.
If NEIRO, as a cryptocurrency, does not show the expected strength, possible reasons include:
1. **Market Sentiment**: Negative news or trends in the market may lead to a decrease in investor confidence, thereby affecting the price of NEIRO.
2. **Financial Performance**: If the project or company behind NEIRO performs poorly financially, such as revenue or profit not meeting expectations, its market value may be affected.
3. **Regulatory Challenges**: New regulatory policies or legal issues may have an adverse impact on NEIRO and its related projects, especially in the field of cryptocurrency, where changes in the regulatory environment have a great impact on the market.
4. **Macroeconomic factors**: Economic indicators such as inflation, interest rate changes or slowdown in economic growth may have an impact on asset prices including NEIRO.
5. **Competition and Innovation**: Emerging competitors or technological innovations in the market may reduce investors' interest in NEIRO.
6. **Market Manipulation**: In the cryptocurrency market, the actions of large investors (commonly known as "whales") can have a significant impact on the price, including affecting the price of NEIRO through large-scale sell-offs or market manipulation.
These factors may, individually or collectively, cause NEIRO's market performance to be less than expected. Investors should consider these potential risk factors and conduct appropriate market analysis and risk assessment when considering investing in NEIRO.
How much determination does a person need to succeed?
In 2014, Zhao Changpeng made a bold decision - he sold his property in Shanghai and invested all the 1.1 million yuan he got into buying Bitcoin. Unfortunately, the housing prices in Shanghai doubled, while the price of Bitcoin fell to one-third of its original price. Although the investment did not seem to be successful in the short term, this bold move made Zhao Changpeng famous in the cryptocurrency field.
In March of the same year, Zhao Changpeng met Xu Mingxing, the founder of the domestic Bitcoin exchange OKCoin, at an event, and joined OKCoin in June as technical director and responsible for the company's international affairs. However, Zhao Changpeng left OKCoin less than a year after joining.
In July 2017, Zhao Changpeng founded Binance. The exchange officially opened 11 days after completing the public offering of $15 million. As it turned out, Binance quickly gained the favor of users and became a very popular platform.