BlackRock invests in DeFi 1.0, 7 potential projects that are about to explode
BlackRock invests in DeFi 1.0 sector, heralding a 100x increase! If you missed Memes, RWA, and AI, don’t worry This is the next story that's about to break out. Here are 10 projects with moonshot potential
DeFi 1.0 refers to the first generation of decentralized finance It includes lending and trading protocols on the blockchain. With support from heavyweights like BlackRock, DeFi 1.0 could become the dominant conversation in 2024.
BlackRock recently showed interest in MakerDAO, a leading project in the DeFi 1.0 space Additionally, A16Z has accumulated $17 million worth of $MKR in the summer of 2023
APT will unlock tokens worth $98.96 million on October 11
It is recommended not to short easily. Referring to the trend of $SUI, the trading methods of the two projects are exactly the same, and the methods of the dog dealer are similar.
At present, the small-level trend of APT is still stable, with no obvious signs of weakening.
A top divergence has appeared on the 4-hour chart, and it is expected to form a double top divergence,
and accompanied by a false breakthrough to the high point of 9.32, it may really usher in a callback.
It is recommended to pay attention to the high point when shorting, and the shorting point is expected to be around 9.52, which will be a relatively safe entry point.
WLD and ARKM have been "making trouble" recently, and they are restless as always. As a master of "slaying demons and eliminating monsters" in the currency circle, Xin Ge has long pointed out the underlying logic behind them-another 80% drop is a reasonable valuation.
For these coins with a large amount of long-term unlocking, the continuous decline in prices is an inevitable trend, which is indisputable. But even so, many people still choose to add leverage to quickly make profits. It is this mentality that allows the big dealers in the market to see the opportunity and manipulate the market at will.
Here is a small knowledge point for everyone: as long as the arbitrage space is large enough, the dealer will not care about the spot loss. This also explains why the dealer dares to pull the market for tokens with strong expectations of decline like WLD. In this case, if retail investors want to make a profit, they only need to hold on to two points: ① Position management ② Long-term operation.
For this kind of currency, if you learn to grasp the opportunity, you can almost make money with your eyes closed. If you have limited capital and want to accumulate wealth quickly, then follow Xin Ge's steps! When Xin Ge breaks the cup as a signal, you can find a relatively perfect entry position to effectively resist most risks and earn steady profits.
CZ will return to the market in six days, and this news has spread throughout the cryptocurrency circle. Although the authenticity of the news cannot be confirmed at present, the market has begun to stir, and it may be wise to make some preparations in advance. However, even if the increase in September occurs, the effect may not be as good as the market in October. If you want to maximize your profits, you may have to wait until next month to be the best strategy.
Some people are already discussing buying the bottom of BNB, BN series and BSC ecological tokens, but we need to analyze it calmly. The current price of BNB is close to US$600, which is basically back to the level before the big drop. It is not cost-effective to buy the bottom at this price, and the risk in the short term is not small. Therefore, if you think the current price is not attractive, you can wait and see for a while, and there is no need to rush to buy. But if you still have confidence in BNB and want to gamble, you may consider entering the market through spot and flexibly adjusting your strategy.
In contrast, other currencies in the BN series may be more worthy of ambush in advance. These currencies tend to fluctuate more and have potential room for growth. Don't be afraid to seize the opportunity! As the saying goes, "If you keep the green mountains, you will not be afraid of running out of firewood." If you lay out now, you may be able to usher in greater returns in the future.
Many people have been asking about $SAGA recently. Let's take a look at this coin today!
The current trend is in the short-term bullish acceleration sprint stage, facing the key pressure level of 2.385-2.565. If this line is broken, the subsequent upside will be considerable.
The support levels are 1.8, 1.5 and 1.25, and the pressure levels are 3.35, 4 and 4.85. The most critical one at present is the 2.385-2.565 range, which will determine whether to continue to rise or temporarily enter a consolidation period.
If the 2-2.25 range is not broken, the momentum to break through 2.385-2.565 is still there. If it falls below this support range, the possibility of a breakthrough in the short term will be reduced.
In the short term, you can pay attention to the opportunity to step back to 2-2.25, and in the medium term, you can wait for a lower support level, or after successfully breaking through 2.385-2.565, you can arrange a step-back order after the breakthrough.
$SAGA has quietly risen 207% from its low point, more than doubling. Therefore, it is safer to wait for suppression or breakthrough signals before entering the market. The risk of operating at the current price is high, so wait patiently for a better entry opportunity!
Three OP_CAT protocols a day, is the Bitcoin ecosystem going to change?
Yesterday was probably a good day for the Bitcoin ecosystem to enjoy the sunshine like a cat. In just one day, we witnessed the rapid debut of three Bitcoin FT protocols based on OP_CAT - CAT20 on Fractal, CATNIP launched by the "Quantum Cat" team, and "Danny CAT20" of the "Moto series". Among them, CAT20 on Fractal has been launched, and the price of $FB has exceeded $30. When I wrote this article, the mining fee on the Fractal chain has soared to 2000 sats/vb, and the popularity continues to rise.
The CATNIP of the "Quantum Cat" team is currently only an official announcement, and its actual implementation will have to wait for the OP_CAT function on the Bitcoin mainnet to be reactivated.
Xin Ge recommends a password that guarantees profit. If you don't make money, it's my fault.
WLD has 11.65 million US dollars of tokens unlocked every day, and this process will last for 729 days. You can't help but ask, who is buying? Who is taking over? I want to see how long the market maker can last.
At present, the price of WLD is $1.8, and you just need to short it directly. If you are unlucky and the market maker bites back, then use the most primitive method to open another long order to hedge. This is a major feature of Binance: you can hold long and short orders at the same time. As long as you don't blow up your position, even if you short at $1.34, you will eventually make money.
When there are more people shorting, market makers will definitely use means to harvest. The most common strategy is to open long orders, sweep up goods crazily, and make money by using fees and blowing up short orders. When the profit cannot cover the cost of sweeping goods, you will see a big negative line that goes straight into the screen.
So, you just need to ignore these short-term fluctuations and do a good job of position management. The underlying logic is clear, don't let the temporary rise and fall affect your judgment. Keep your faith, and the last piece of meat will be yours.
Xin Ge recommends that you invest in $SSV in spot trading for the following reasons:
1. $SSV is a small-cap coin in the staking sector with a relatively low market value. In the same sector, $FXS has taken off first, and $SSV is expected to have a chance to catch up.
2. Currently, the price of Ethereum has plummeted, and the staking track is experiencing FUD (fear, uncertainty, and suspicion). Once $ETH rebounds, $SSV is likely to take off.
3. From a technical point of view, the daily high of $SSV is $66, and it has now pulled back 70%. The 15-minute chart shows a golden cross on the 0 axis, and the 4-hour chart also shows signs of crossing the 0 axis, showing a bullish trend in the short term.
Xin Ge bought NOT, which was passed down from his ancestors for $150,000. The target is 14, and he can earn more than 20%.
1. TON ecology has been pulling up. Now TON has reached 7. It is very difficult for the dealer to pull it up, but it costs little money to pull NOT and drive TON to continue to rise.
2. NOT has experienced a sufficient correction. When all TON ecological coins, including TON itself, are pulling up, NOT has not moved significantly, which provides room for subsequent increases.
3. The current price position of NOT is relatively safe. After a big drop, there is no obvious rebound. With the continued popularity of the TON chain, NOT has a small downside risk.
The most likely strategy of the dealer is to push the price of TON to a higher point at the lowest cost, because TON has the largest market value and can cash out the most funds. When TON is pulled to the limit, the dealer may choose to open a short order and sell a huge amount of chips to retail investors, thereby completing the first round of harvesting. Then, they will wait quietly and carry out the second round of pulling up and harvesting again.
The progress of the three projects that Xin Ge mentioned the day before yesterday:
Hook: Continued to strengthen, has broken through the daily pressure level, and confirmed the trend reversal. Combined with the positive effects of CZ's release from prison in the next month, Hook is likely to usher in the main uptrend, and there is even a chance to double! Another bold prediction, maybe it will become the next ARKM.
SATS: The mainnet will be launched in September. As a Gas token, SATS has a clear bottom volume on the weekly chart. It has risen by 30% since it was mentioned! At present, it has encountered a large resistance level. It is recommended that investors holding floating profits stop profit appropriately to prevent profit retracement caused by callbacks. Whether this key point can be broken in the future is still uncertain. I will continue to pay attention and consider entering the market or adding positions after the breakthrough.
SUI: It rose by 20% on the day of mention! The pull-up has driven the market heat. It is rumored that SUI has recently started selling coins in the OTC market. After many institutions acquired chips at a low price, they began to take joint actions to drive the heat soaring. The current price has pulled back to the MA120 moving average support level. Pay attention to the support near 0.9 below. If it falls below the support level, it will be confirmed as dead.
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Recently, Xin Ge has paid attention to several projects, all of which have unique performance and potential:
HOOK: HOOK's coin price has been quite strong recently. Even if the market has pulled back, it has not followed the decline, showing signs of independent market conditions. Its price trend also shows a reversal trend. HOOK has a very strong background. As one of the last batch of projects in Binance Launchpool, it has been strongly recommended by He Yi. Considering that the market value of the coin has only tens of millions after a long period of decline, HOOK is undoubtedly more worthy of attention compared with those junk coins that have fallen dozens or even hundreds of times and no one cares about. In particular, the official Twitter recently released news that it is preparing to issue new coins on Solana, which is a big positive.
SATS: SATS received investment from Binance in June this year and plans to release L2 based on BTC in September. SATS will be used as Gas. This project is gradually transforming from a Meme coin to a practical scenario. As the market value is about to surpass ORDI, the weekly line shows a strong rebound momentum. The current key is to break through $32. Once successful, it may start the next wave of main uptrend.
SUI: In recent days, overseas KOLs have collectively started to pay attention to the development of SUI, and SUI's pull performance has been very strong, triggering the market's expectation that it will become the "ETH/SOL killer" or "VC coin counterattack". Although it is not yet certain whether this is just a flash in the pan or the beginning of some major trend, I will add it to the watch list and continue to pay attention to its subsequent performance.
$BANANA originally planned to recommend this currency, but unexpectedly, it started to rise before I finished writing the analysis. But don’t be afraid of being too late for a good meal. Let’s briefly talk about the potential of this coin.
Currently, $BANANA has the lowest market capitalization among the three newly launched $TON series on Binance, and is also the easiest to pull. In the future, Binance may also launch Catizen. From Binance’s actions, it can be seen that their focus is obviously on $BANANA.
Currently $BANANA does not have online contract trading, which hints at its potential benefits.
The project team is optimizing Sol Bot and is no longer limited to Telegram. The market potential on the Solana chain is huge.
The project party destroyed 2% of the tokens today, and so far, a total of 13% has been destroyed, indicating a significant deflationary trend.
(I bought some at $33 and may add more if given the opportunity.)
In this year's bull market, Solana (SOL) chain is almost the hottest, creating countless wealth myths, and the activity on the chain has always remained high.
Recently, there are rumors that $HOOK will soon join the Solana ecosystem. Once the news came out, it attracted a large number of followers to vote enthusiastically. After all, "there is no smoke without fire". Since the official Twitter has launched cooperation news and voting, once the news lands, it is expected to trigger a strong wave of market sentiment.
As a representative of the education sector, $HOOK has always been the focus of CZ (founder of Binance). If CZ returns, I don't know whether he will continue to vigorously develop this field. Backed by Binance's education sector, there are currently only two projects, $HOOK and $EDU.
From March to now, $HOOK has gone through a deep wash for five months, hitting a historical low of $0.3138, and the current price has rebounded to $0.52. As one of Binance's IEO projects, $HOOK's current market value is only more than 20 million US dollars, which is a low-market-value currency. Considering that it may cooperate with the SOL chain, it may be the next ten-fold coin. Now $0.52 is a good opportunity to enter the market. Following this rhythm may catch a big wave of market!
Recently, Xin Ge has paid attention to several projects, all of which have unique performance and potential:
HOOK: HOOK's coin price has been quite strong recently. Even if the market has pulled back, it has not followed the decline, showing signs of independent market conditions. Its price trend also shows a reversal trend. HOOK has a very strong background. As one of the last batch of projects in Binance Launchpool, it has been strongly recommended by He Yi. Considering that the market value of the coin has only tens of millions after a long period of decline, HOOK is undoubtedly more worthy of attention compared with those junk coins that have fallen dozens or even hundreds of times and no one cares about. In particular, the official Twitter recently released news that it is preparing to issue new coins on Solana, which is a big positive.
SATS: SATS received investment from Binance in June this year and plans to release L2 based on BTC in September. SATS will be used as Gas. This project is gradually transforming from a Meme coin to a practical scenario. As the market value is about to surpass ORDI, the weekly line shows a strong rebound momentum. The current key is to break through $32. Once successful, it may start the next wave of main uptrend.
SUI: In recent days, overseas KOLs have collectively started to pay attention to the development of SUI, and SUI's pull performance has been very strong, triggering the market's expectation that it will become the "ETH/SOL killer" or "VC coin counterattack". Although it is not yet certain whether this is just a flash in the pan or the beginning of some major trend, I will add it to the watch list and continue to pay attention to its subsequent performance.
Xin Ge will review the trading strategy of the mainstream AI coin $TAO:
The TAO project team conducted a large amount of fund-raising on the BG exchange from April to August 2023, with a purchase cost of about US$50. At the same time, they sold on the Gate exchange, with a selling price between US$500-700. The project team made more than ten times the profit in this wave of operations.
In recent weeks, the TAO project team has also been raising funds on the Bitget exchange, with a purchase cost between US$200-300, but similar trends are not seen on other exchanges for the time being. It can be speculated that some exchanges are dedicated to fund-raising, while others are used for shipment.
At present, we keep an eye on the subsequent trend of TAO, and I am optimistic about its prospects.
$SATS is really awesome, it is unique and does not follow the trend of the market at all Currently, its weekly line is at the bottom and shows a strong upward trend It is worth noting that it will be listed on CB Futures on August 15 Unisat's Layer2 will also be launched in September (it received investment from Binance in June) As the gas coin of L2, $SATS has begun to move out of the independent market Next month, it will be zeroed out and must lead the market. The market value is about to surpass ordi Xin Ge just added $30,000 of spot, and the goal is to double
The returns from holding these altcoins far exceed those from Bitcoin!
SUI Just recently, Grayscale Fund included SUI in its investment targets. Old investors are aware of the weight of Grayscale Fund, but new investors may not know much about it. In the last bull market, Bitcoin rose from $3,800 to $69,000, which was basically driven by institutions. Grayscale and other institutions continued to increase their positions, helping cryptocurrencies such as Bitcoin and Ethereum to hit new highs. In this bull market, in addition to BlackRock, Grayscale is still the second largest crypto investment institution in the US stock ETF market.
Ripple (XRP) Old investors remember that in the last bull market, the rise of Ripple often indicated that the bull market was nearing its end. However, XRP's performance is somewhat unique and may be held for a longer time. Usually in the early stages of a bull market, it will fluctuate repeatedly, but once it enters the end, its performance will suddenly explode. I can say with certainty that $2 will definitely not be the highest point of Ripple in this bull market.
Solana (SOL) has attracted countless attention when Bitcoin experienced a sharp drop in this round. Whether it is the control of the decline or the strength of the callback, SOL has shown extremely strong resilience, and even has a vague momentum to surpass Ethereum. In this round of bull market, Solana's holding income will definitely far exceed the market, and it is definitely not to be missed.
Audi (ORDI) needs no further explanation, the leader of the inscription sector.
As the leader of modularization, TIA has risen from $2 on Binance to $20, and then fell back to $4. Recently, it has rebounded to the $6 range. The wash is quite thorough and suitable for small position layout.
In addition, BNB is also worth paying attention to. With CZ about to be released from prison, this may be an important opportunity. In addition, BCH and PEPE can also be deployed in small quantities according to personal positions.
During the callback process of the currency in the rising stage, the reduction of trading volume, especially to the level before the band started, is usually considered to be a signal of bottoming out and possible rebound. It can be understood as follows:
Trading volume as an indicator of trading activity: Trading volume reflects the trading activity of the currency. In the absence of large funds, the trading volume between retail investors usually fluctuates around a relatively stable "fixed value", which represents the normal market trading activity.
Signal of sudden increase in volume: When the trading volume suddenly increases on a certain day, reaching several times the "fixed value", and the currency price rises sharply, it usually means that the dealer or large funds begin to intervene and quickly raise the currency price. In addition to sudden good news, this situation is mostly caused by the entry of dealers.
Retail investors chase the rise, and the trading volume is further enlarged: As the currency price rises, retail investors begin to follow suit, resulting in a further increase in daily trading volume. This is a manifestation of high market sentiment, and dealers also use this stage to attract more retail investors to enter the market.
Key callback stage: When dealers decide to start washing the market, they usually smash the market to create panic, forcing retail investors who chase the rise to cut their losses and leave the market. At this time, the daily trading volume will gradually shrink, and the price of the currency will also begin to fall. As time goes by, when the daily trading volume gradually shrinks to the "fixed value" before the pull-up starts, it means that those floating chips (retail investors chasing the rise) have been almost cleared, and the dealer has regained control of the market. At this time, the dealer may start the next wave of pull-ups.
Therefore, by comparing the daily trading volume during the callback period with the trading volume before the start, it is an effective and practical method to judge whether the currency price has bottomed out and is about to rebound.
The trend of mew in the past two days is worth noting.
PEPE, BONK and FLOKI: Who will be the next Dogecoin?
2024 may be the year of the MEME token explosion. The top three tokens with the highest growth are all MEME tokens, such as WIF, PEPE, Bome, FLOKI, etc. Retail investors' crazy speculation on meme coins is also a resistance to the continuous high-market-value issuance of altcoins by institutions. The key criterion for choosing a high-quality Meme coin is: as long as it is listed on a centralized exchange, it is worth considering investment. This is because successful meme coins often experience significant gains, with some coins reaching tens of millions of times.
The rise of Meme coins usually depends on the pull-up, which is mainly affected by the influence of KOLs, market following and exchange listing. Although the Meme coin market is highly competitive, and there is frequent token flooding and Rug phenomenon, it still shows high return potential. Recent data shows that the return of Meme coins is still higher than that of other cryptocurrency sectors.
Today is Chinese Valentine's Day, and everyone should be enjoying the sweet time of dating. Xin Ge will continue to stick to the pre-market and keep an eye on the market dynamics for everyone. If there is a major rise or fall, I will update it as soon as possible. Currently, Bitcoin is still fluctuating in the range of $60,000, while Ethereum continues to consolidate around $2,600.
Regarding the recommendation of the big cake ecological sector, some people question the potential of ORDI and SATS, believing that they have risen too many times and the next wave of opportunities will appear in the new narrative. However, Xin Ge's view is that before the new narrative appears, the big cake ecology is still the main force driving this round of bull market, and the dealer has been washing the market for a long time, and the next round may lead the market to take off again. The above is only a personal investment view, and everyone can refer to it.
As for the MEME sector, the general consensus is that it will perform strongly in the next round of the market, and leading currencies such as PEPE, FLOKI, and TOKEN TURBO are all attracting attention. In view of the huge increase in the previous wave, Xin Ge is more optimistic about the performance of BOME, BONK, MEW and WIF in the SOL ecosystem in the next wave.
Happy Chinese Valentine's Day, friends! After a week of volatile rebound, BTC has climbed from $48,000 to more than $60,000. The weekend's altcoin market is expected to continue to fluctuate upward, but there may be a second correction next week, so closing positions on Sunday night may be a more sensible choice. TON has also continued to rise steadily after listing on Binance, and the target price of this wave is around $7.4. Recently, I have been studying mining machines. The current price of mining machines has also fallen to a historical low. I plan to buy a batch of machines to mine KAS to earn some living expenses.
Mainstream currency operation suggestions:
BTC: Enter the market around $59,250, and set the anti-short position to 1%-2%.
Take profit: around $62,300
Stop loss: $58,600
ETH: Enter the market around $2,550, and set the anti-short position to 1%-2%. Take profit: around $2,715 Stop loss: $2,480
Intraday altcoin operation suggestions:
TON: Enter around $6.5 Take profit: around $7.2 Stop loss: $6.2
BNB: Enter around $502 Take profit: around $519 Stop loss: $496
SOL: Place an order around $151 Take profit: around $159 Stop loss: $148
UNI: Place an order around $6.05 Take profit: around $6.31 Stop loss: $5.95