At present, the entire market is being brought down by Deepseek AI. Since the cost of training a large model is only 1/20 of the previous one, it directly brought down the chip, and the demand for chips decreased instantly. As a result, Nvidia brought down the US stock market, and Bitcoin followed the US stock market. There is no bad news on other fundamentals. Considering that the US stock market opens in the evening, it should have fallen in the afternoon. This wave feels like a wash for the Chinese people to get off the train during the Chinese New Year. Therefore, teachers, this is a good opportunity to enter the market. Bitcoin and Ethereum have fallen in a shrinking volume, and are oversold in 1 hour and 4 hours. Enter the market near 10,500 for Bitcoin, enter the market near 3,100 for Ethereum, and consider taking over when Sol falls back to 229. There should be no big problem in doubling. At this time, it is a good opportunity to enter the market... Value coins are the protagonists. Give up the obsession with meme coins.
JUP is the second layer of sol, and is currently used by the support network of the dog owners. 50% of the agreement fee is used for repurchase. Now Jupiter's daily income is about 2.3 million US dollars, nearly 70 million US dollars per month. That is to say, according to the current progress, 35 million divided by 1.25 = 28 million will be destroyed every month. The current circulation is 1.6 billion, and 28 million will be destroyed every year. Accelerate the scarcity of tokens! The price is optimistically estimated to reach 5 dollars
At present, Solana is fully capable of replacing Ethereum: Ethereum: processes about 1.13 million transactions per day, but faces high fees and slow speed. • Solana: processes 35.99 million transactions per day, with fast speed and low cost. Recently, it has achieved more than 50 million US dollars in handling fee income. 🏆 Winner: Solana's speed and efficiency!
📈 Second round: market performance: • Ethereum: grew 39% in 2024, showing stable and sustained growth. • Solana: soared 122%, proving its growing market dominance. 🏆 Winner Solana and its explosive growth!
This morning, the Mexican futures market launched futures trading of Sol and XRP, starting on February 10. It will definitely bring significant benefits to Sol in the short term! It is predicted to break 300 this month.
$SOL Sol's profit distribution mechanism determines that half of the Sol handling fees received are used for destruction. Recently, due to the influence of Trump Coin, the handling fee income has reached 3750 US dollars a day. If 37.5 million dollars are received every day, 50% will be used for destruction, and nearly 19 million dollars worth of Sol will be destroyed every day. 41,000 coins (worth 984 million dollars) are unlocked and released every day, which means that the number destroyed every day is 1900-984=916 million. Every day, 916 million dollars worth of coins will disappear from the market. It will lead to tight supply and spiral rise. Stick to the right belief! It is only a matter of time for Sol to surpass ETH according to the current trend. At present, it is 110 billion. There is still 4 times room to surpass ETH at the current price. However, ETH is stagnant due to slow transactions and expensive handling fees. In theory, Sol will reach a historical high of around 1200.
$SUI OKX Ventures initiates discussion on "SUI Ecosystem" and multiple projects are stepping up construction OKX12 hours ago100570
Already followed Sui is developing rapidly, and the total locked value (TVL) of its ecosystem has exceeded 1 billion US dollars, with the highest single-day transaction this month reaching 117 million transactions. In addition, the number of daily active addresses of the Sui network has exceeded 1.67 million, and the number of transactions has exceeded 2 billion times in total. The popularity of the SUI ecosystem continues to rise. Recently, OKX Ventures successfully held a Twitter Space event with the theme of "The Future and Impact of SUI Ecosystem", aiming to explore the future development potential, technological innovation and industry application of SUI ecosystem. The discussion brought together many core participants of SUI ecosystem, including representatives of SuiNetwork, Navi Protocol, Cetus Protocol and Haedal Protocol. Four senior guests from SUI ecosystem were invited to this discussion:
$SUI Sui is definitely the most popular one this year! It has been fluctuating around 2 yuan for many days. It can't fall or rise, and it is accumulating strength. After the big cake stabilizes, it will definitely soar to the sky! Hold the currency with peace of mind!