The current on-chain environment for Dogecoin is in a chaotic early stage. The early multiples for Gold Dog are okay, but there are very few real big dogs. Sitting idle all day doesn't really earn much.
As the saying goes, in the grand scheme of things, one must drink Fenjiu, and when drinking, it must be Fen (laughs). Currently, various new platforms and concepts are flying around, and the attention and traffic of retail investors are very dispersed. There will definitely be a one-punch man who breaks the chains of poverty on-chain, with endorsements, funds, and good narratives. Therefore, learning more and remaining sensitive is much more important than randomly placing bets.
So where are the current market hotspots? Undoubtedly, it is the Binance alpha points trading volume. Due to the airdrop's freebie nature and security, it has attracted various capital giants, studios, and retail investors who understand the chain, all willing to invest some money. Sufficient liquidity and a high-priced market will inevitably lead to the actions of the big players.
The central theme is twofold:
1. Contract trading volume is several times the spot trading volume.
2. There are obvious behaviors of accumulation and control by the big players.
3. After satisfying 1 and 2, look for standard structures.
I have set my sights on a few coins, picking up two here: $FHE and $BR. Among them, $FHE has a spot trading volume of 4.6M and a contract trading volume of 15M. $BR has a contract trading volume of 5M, but a pitiful spot volume of only 500,000, with a standard triangular convergence. The simplicity of the structure shows how easy it is to pump.
Thank you for your attention~