Any IP is a high-risk asset. Currently, BTC is in line with the trend of the times. Compared with ancient gold, BTC is more favored by the younger generation. Winning young people means winning the future. When the millennial generation gradually takes the center stage of the times, BTC will also usher in its moment of glory.
The success of the MEME project brings the following insights:
1. Endure the test of time and establish a strong community consensus 2. Enhance attractiveness through wealth effects 3. The celebrity effect with inherent传播力 4. Seize user mindset through the first-mover effect$DOGE $SHIB $PEPE
· ARK's ARKB net outflow of 94.2 million USD · Fidelity's FBTC net outflow of 75.2 million USD · Bitwise's BITB net outflow of 74 million USD · Grayscale's GBTC net outflow of 31.1 million USD · VanEck's HODL net outflow of 13.9 million USD
· BlackRock's IBIT net inflow of 318.8 million USD · Valkyrie's BRRR net inflow of 1.9 million USD
Transition: Outlook for the Memecoin sector in the second half of 2024 1) Altcoin season at a low point In addition to the positive factors mentioned above, the explosion of Memecoins in the second half of 2024 can be viewed from the macroeconomic cycle perspective. Currently, the altcoin season index is only 35, and this trend is one of the important reasons for the expected return of the Memecoin sector in the second half of the year. 2) Establishment of ecological participation and consensus in the Memecoin sector With the launch of platform Memecoins, ecological Memecoins, and various meme coin launch platforms, the Memecoin sector has not only attracted the attention of individual investors but also gained recognition and participation from various ecosystems. From May to August this year, multiple ecosystems have successively emerged as launch platforms, introducing their own ecological Memecoins. Compared to the previous cycle, the internal consensus within the Memecoin sector has become even more solid. As a pioneer, Memecoins are expected to have four key impacts on ecological construction and project development: First, major Memecoin foundations, support programs, or community initiatives will continue to emerge, promoting the development of Memecoins within their respective ecosystems through innovative funds and other means. Second, venture capital will get involved. Starting from the second half of 2024, many VCs have announced plans to invest in Memecoin infrastructure, shifting from the previous adversarial relationship with VCs to a gradual acceptance by them. Third, strategies regarding Memecoins will become more specialized and transparent. Fourth, with the formation of liquidity, more support mechanisms will emerge, which means that secondary products based on Memecoins will see new developments. For example, Memecoin management tools, meme content creation and secondary dissemination platforms, as well as secondary creation tools based on Memecoins, will further grow. 3) Increased liquidity and a more favorable meme coin environment As interest rates are expected to trend downward from the second half of 2024 to the first half of 2025, the overall macro environment will gradually ease. Due to its small market capitalization, high recognition, and low participation threshold, Memecoins are expected to gain more momentum for growth in this environment.
Major Types of Memecoin Projects in 2024 1) Currencies controlled by institutional investors For example, BOME/SLERF/MEW/MANEKI. Coins with large capital pools are classified as those controlled by institutional investors, with large capital pools and rapid price surges. These coins are able to accommodate large investments and provide high multiple returns, but because they quickly reach a high market value, it brings challenges for later investors to enter the market. 2) Currency associated with hotspots For example, GME/BODEN/TREMP/DJT/NCAT. Such memecoins often correspond to the words and deeds of high-profile figures, such as Elon Musk, Donald Trump, or Roaring Kitty. However, the prices of such memecoins fluctuate greatly due to various news events. For example, the Trump-themed DJT attracted many speculators due to rumors that Barron Trump (Trump's youngest son) was involved, but the price plummeted after well-known crypto accounts such as Zach XBT and GCR revealed the truth on X. Similarly, GME's price soared after Roaring Kitty's return post, but its live broadcast content was empty, and then the price plummeted.
After BRC20 made the ordinarys protocol popular last year, 20 to 30 well-known protocols have emerged, including ETHS, ETHi, pipe, facet, src20, drc20, arc20, Trc20, atom, Tap, runes, Merlin protocol, RGB++, Pandora, 404, Peanut protocol, ordx, sat20, fractal protocol, various public chain inscriptions, and each protocol has several project assets. In addition to ordi\sats listed on Binance, only rune dog, inscription pizza, atomic protocol ATOM, and FB still maintain some popularity, and almost no one cares about the others. Statistically, the risk of innovative assets at the protocol layer is no less than that of Meme. There are many protocols with innovative technologies, but they still return to zero and cannot withstand the test and baptism of the market.
The impact of the U.S. interest rate cut on the cryptocurrency market is multifaceted, with the following key points: Increased liquidity and attractiveness of risk assets: Interest rate cuts typically lead to lower borrowing costs, increasing economic liquidity, and stimulating consumption and investment. This increased liquidity may flow into the risk asset market, including cryptocurrencies, potentially driving up cryptocurrency prices. Weaker dollar: Interest rate cuts may weaken the dollar, which could be positive news for the cryptocurrency market, as cryptocurrencies are often seen as a hedge against dollar depreciation. Changes in investor behavior: Interest rate cuts may alter investor behavior, making them more inclined to seek higher-yielding assets. In a situation where traditional investment returns are low, investors may turn to cryptocurrencies like Bitcoin as potential inflation hedges and higher-yielding assets. Market volatility: The uncertainty surrounding interest rate cut decisions may increase market volatility. The market is pricing in different possibilities for rate cuts, and this uncertainty may lead to fluctuations in the cryptocurrency market. Impact of policy signals: In addition to the magnitude of the rate cut, the market is closely watching the Federal Reserve's policy signals, especially regarding future interest rate path guidance. If the Fed exhibits a dovish stance, indicating a willingness to continue cutting rates or maintain low rates for an extended period, this could have a positive impact on the cryptocurrency market. Economic cycles and seasonal factors: The timing of rate cuts aligns with seasonal trends in the cryptocurrency market, which historically tends to show bullish performance toward the end of the year. If the Fed begins to cut rates, it may coincide with this seasonal trend, increasing the likelihood of a year-end market upturn. Policy and market expectations: Expectations of rate cuts are already partially reflected in market prices. If the magnitude of the rate cut aligns with market expectations, a positive price reaction may be observed. However, if the rate cut exceeds or falls short of expectations, the market may adjust accordingly. In summary, the impact of U.S. interest rate cuts on the cryptocurrency market is complex and multidimensional, involving factors such as liquidity, investor behavior, market expectations, and the global macroeconomic environment.
This week, over 21 blockchain project financing cases were announced. There were 2 financing deals in the millions of dollars this week, including decentralized social platform Bluesky announcing the completion of $15 million in Series A funding, which was led by Blockchain Capital, making it the largest financing event of the week. Other popular projects include Bitcoin's second-layer network B² Network, decentralized Ordinals marketplace Ordzaar, and crypto trading platform Genius, etc. #BTC突破7W1
Forward: Contracts have brought an old retail investor to zero
Forward: Everything changed too quickly. I lost all my personal capital of several tens of thousands of U and only have about 10,000 U left, which was all liquidated. Last night, I could have stopped the loss without losing much, but today everything is gone due to my wrong choice in trading strategy, leading to today's disastrous situation, causing my partners who supported me to incur losses on Binance. I deeply blame and feel guilty for myself; I have let down everyone’s trust. I sincerely apologize to everyone. I'm sorry! My life has been like a roller coaster, full of ups and downs, pain, and suffering. I wanted to make some money with low leverage to buy a car and start a family, but the unfortunate market conditions made me lose everything. I don't blame the market; I can only blame myself for being too greedy, wanting to make money quickly to realize my dreams of buying a car and starting a family, not knowing that I was sinking deeper and deeper, unable to manage money, and have lost too much.
The Rise of Value Coins: Analysis of 8 Projects 1. ApeCoin (APE): From Meme Coin to DeFi Bridge 2. Uniswap (UNI): The Core Engine of Decentralized Finance 3. Sui (SUI): High-Performance Blockchain and DeFi Innovator 4. Jupiter (JUP): Liquidity Provider in the Solana Ecosystem 5. Bittensor (TAO): Founder of Decentralized Computing Networks 6. dYdX (DYDX): Giant in the Decentralized Derivatives Market 7. SushiSwap (SUSHI): Innovative Force in the DeFi Space 8. Worldcoin (WLD): Attempts at Identity Verification and Web3 Infrastructure
Reviewing the recent market performance of 12 high market cap popular MEME projects These MEMEs have brought astonishing returns. According to statistics, the average maximum return of the 12 MEMEs exceeds 37,000 times. Excluding the extreme value of GIGA, which is as high as 245,000 times, the average maximum increase for other MEME coins is 18,000 times, with BITCOIN, SPX, MOODENG, and GOAT standing out, while Daram and POPCAT lag behind. Of course, these return rates are based solely on market cap data backtesting, and players who can capture all the increases essentially do not exist, but there are still some players who have achieved gains of thousands or even tens of thousands of times. PANews previously published an analysis on the profitable on-chain paths of smart money in GOAT and MOODENG.
Binance is the best performing exchange for new coins in 2024
Analyzing the performance of various new coins on various exchanges in 2024: Bybit Number of tokens launched: 20 Average return: -9.02% (poor performance) Median return: -15.65% (most tokens have negative returns) Return variance: 0.1658 (standard deviation 0.41, low volatility) Bybit’s average return is negative, indicating that most tokens perform poorly, with returns concentrated in the negative range, and investment risk is relatively low with low volatility. Coinbase Number of tokens launched: 11 Average return: 0.49% (close to flat) Median return: -0.77% (slightly negative return)
From September 16 to 4 pm on October 18, we analyzed in detail the performance of new coins on the five major exchanges, Binance, OKX, Upbit, Bybit and Coinbase, and finally concluded that when playing with new coins, most investors are paying for the escape of early entrants. Don't think that being listed on an exchange means stability. There are different stories behind it - some projects have ridiculously high valuations and astonishing selling pressure; while some tokens are quietly changing hands in market sentiment, and investors have become "takers" without knowing it. Is it good luck from heaven, or being cut off by leeks? It all depends on your choice. This article will take you to deeply analyze the real performance of new coins on the five major exchanges, revealing the traps and opportunities hidden behind the market. We will also compare these data with the steady growth of Bitcoin and Ethereum, and analyze the deep reasons for the current depletion of liquidity in the altcoin market. In this turbulent market, if you want to gain a foothold, you need not only luck, but also wisdom. $BTC
Let's briefly talk about the logic and driving force of the second wave of cryptocurrency or #BTC's rise. The most important day is coming: the US presidential election on November 5. First of all, the essence of the stock and securities market is to predict the market: 1. Trump @realDonaldTrump The approval rating has continued to rise since last week 2. The crypto consortium behind Trump has provided heavy support 3. The campaign promises to make the United States the world's "cryptocurrency capital" and ensure that the cryptocurrency revolution takes place in the United States 4. Issue its own family cryptocurrency to promote the substantial landing of cryptocurrency In summary: From this week to the election results on November 5, this stage will be the first stage of the bull market. Once Trump is elected, the more fanatical stage of the second stage is coming~ Let's look forward to the big bull market next year together. It is only the initial stage of the bull market.#makecrytogreatagainMake Cryto Great Again!
A friend in the cryptocurrency circle said: I know a young woman in the cryptocurrency circle, 38 years old. We have been chatting for more than half a year, and we have been chatting very well. She also sent me money to buy at the bottom. Today she proposed to meet, and I hesitated. I said you have a family, I am still young, it doesn't feel good, but she said it's okay. Just be ordinary friends, so I agreed. I asked her for a photo. She looked pretty and attractive. She is not far from my city. We agreed to meet at the milk tea shop. We didn't choose other places for fear of meeting acquaintances. I arrived first that day because she had to drive for several hours. When I looked at the photos while waiting, I thought it was another large-scale "rollover scene" because the beauty function is too powerful now. But when she got off the Mercedes-Benz, I recognized her at a glance. She was much better looking than in the photo, and she was also the type I particularly liked. She also recognized me, and didn't know what to say to break the awkwardness. She suggested a hug, and I said yes. She smelled good, and my heart was pounding. After sitting in the milk tea shop for a while, we went to the restaurant for dinner. She basically didn't eat much. The whole process was to peel shrimp skin and pick fish bones for me. After dinner, she took my hand naturally when we walked out of the restaurant, and I didn't break away. She said she wanted to take me home, but I said I would take a taxi back by myself. She insisted on taking me home, and she took me to the entrance of Meiyuan International Hotel. She suddenly asked me how I felt about this Mercedes-Benz, and how could I, who rides an electric bike, say that it was not good. She asked me if I wanted it, and I thought she was joking, so I said yes. She pulled me to her and whispered in my ear that if I wanted it, I should go to buy the bottom of ETH tonight.