Dogecoin is amazing. Musk is about to run for election. Will he succeed? How to choose? Let me tell you!
The three most promising coins in the cryptocurrency circle have been released, you must not miss them! Let's follow Shiguang to have a look~ First of all, let's talk about several potential coins. The first one is Dogecoin, which is about to become popular, because the protector of Dogecoin, Musk, is going to participate in the political election. Just recently, Musk announced the establishment of the American Party, aiming to become the third party in addition to the Democratic Party and the Republican Party. Trump's betrayal is about to usher in a strong enemy, and Dogecoin has finally ushered in a turnaround.
As Musk said, now the United States can only choose the Democratic Party or the Republican Party, one is extreme left and the other is extreme right. But in fact, 70% of people are centrists and not so extreme, so a more normal third party is very necessary.
You see, when Musk helped Trump win the election, Doge went straight to the sky, rising 4 times in two weeks. We let everyone ambush on October 0.1, and then leave when Musk took office on January 20. Many people retired with me at that time.
Musk is going to run for election this time. I think he will most likely achieve considerable results, because Trump was also a businessman before, and Musk is obviously much more successful than Trump. He is not only the richest man but also possibly the world's largest KOL or internet celebrity. Not to mention being elected president, but there will be no problem for his party to win several seats in the Senate and the House of Representatives. So, Musk will become the KingMaker, or the "Swing Party."
You have to know that the success or failure of the US election actually depends on the swing states. Whichever state votes, which party will win. And Musk's KingMaker or the swing party is actually similar. For example, Trump's big beautiful tax law, the votes of the Democratic Party and the Republican Party are 50 to 50, and if anyone has a vote and can cast it to one side, that party will win. So the decision-making power of voting is not in the Democratic Party or the Republican Party, but in the middle.
Therefore, Musk does not need to win many seats, and he cannot run for president, but as long as he can get two or three seats in parliament, he can become a policy maker, because the votes of the Democrats and Republicans are generally very close to 55-50. Therefore, in the future US legislation, whoever gets Musk may win the world. So it is never too late for a gentleman to take revenge. Trump has crossed the river and demolished the bridge, bullying Musk because he has no power. Now Boss Ma is here, and Doge is about to return.
In addition to the positive effects of Musk's campaign, Dogecoin itself has a 90% chance of being approved for a spot ETF in October, which is when it will truly take off. At the same time, Sol, XRP, and ADA also have a high probability of being approved for ETFs at that time. These coins will be our targets for hoarding coins in the next few months.
In addition to the above mainstream currencies, as for Dogecoin, Shiguang is optimistic about Pepe and Bonk. One is the leader of Ethereum and the other is the leader of Solana.
I won’t repeat all the great things about Pepe. He will benefit from the approval of the Ethereum staking ETF in October. Today we will mainly talk about Bonk. It is the first meme coin on the Solana chain. Of course, this is not its biggest advantage. The main advantage of Bonk over other Sol chain meme coins is that it has a meme coin issuance platform like PumpFun, called BonkFun, and it has been successful, accounting for 30% of all new Sol chain coins.
Pump, on the other hand, is on the decline, with its market share falling below 50%, and is gradually being eroded by the coin issuance platforms of Bonk and Ray. So you can pay attention to the coin Bonk, which is not only the leader of the Sol chain meme coin but also the leader in the meme coin launcher track, with huge transaction fee income, an advantage that other Sol chain tokens do not have.
I told you about these opportunities at the weekend. Doge went up very fast because of Musk’s good news, and Bonk also rose by more than 20%. This is the information gap! Those who know this information and plan ahead have a great advantage. Those who don’t know may realize it later and end up taking over.
However, those who have not entered the market before do not need to rush, because the bigger increase will come when the ETF is approved in October. At that time, Doge and Solana spot ETFs and Ethereum's staking ETF will all be approved. These coins may have a 50% or even double increase in October.
There is still plenty of time until October, so there is no rush to buy at the bottom. I think the cryptocurrency market should reach a bottom in July or August, and I will then urge everyone to buy at the bottom. So hurry up and pay attention.
The opposite of potential coins are large-amount unlocked coins. Trump on July 17 is a good short-selling target. Bitcoin has recently reached its previous high of 110,000, but Trump has not shown any improvement. It has fallen to 8u, and the downward trend is obvious. Many people have reported good news to me. I will hold this short position until the 17th to unlock it.
As for the short-term, we went short from 109,000 to the support of 107,500, and then went long. Now the price has reached 109,000. I think the resistance area from 109,000 to 110,000 is a large resistance area. Long orders can be closed, and short orders can be considered for another wave.
OK, let's get back to the point. Next, let's look at the on-chain data. The figure shows the trend of the net inflow and outflow of Bitcoin's trading volume. The overall currency circle is still in the buying range. Bitcoin in the exchange is constantly being bought and is becoming increasingly scarce. But have you noticed that the buying volume has begun to shrink? You should pay attention to this.
I think Bitcoin will drop to 90,000 in August, so I have already cleared all my positions. I think it is still meaningful for reference. After all, Bitcoin is in an extreme range now, and this is not the right time to enter the market. The price of the currency must at least drop to a panic level below 40 or an extreme panic level below 25, then it will be a good time to buy the bottom or hoard the currency for the long term.
Anyway, I am not in a hurry to enter the long-term spot market. I plan to wait and see for a month to see if there is a big drop. I will complete the position by the end of August at the latest, so that I can catch up with the interest rate cut starting in September and the ETF benefits in October. As for the contract, we mainly focus on short-term, and open orders when we reach the key support or resistance. Operate BTC with me once a day, and enjoy the good life~
Pump is here. July 12 is a day that will go down in history. Where are the dangers and opportunities? It is useless to watch the excitement, and it is meaningless to be a bystander. Being in the game, the only thing to do is to find opportunities with relative certainty:
1. Valuation is 4B, 15% is for public sale, and the model is 600M. This valuation + this market + share has been seized. It has been revealed that Gate will participate in the pre-sale, and Binance is expected to participate in the pre-sale as well. There is a lot of fud in the market. How are you participating in the pre-sale at the same time?
2. Faced with limited market liquidity, the secondary market is basically certain to be drained of blood. You can short some altcoins. If there is a rebound before July 12, you can find a good position to short altcoins.
3. As both are meme launch platforms, you can deploy $bonk and $GP. Why? Because $bonk and $GP are to be repurchased with platform profits. With funds as a backing, you don’t have to worry about market value management and maintenance. If you find two coins that are very bad, it means that the entire platform is not profitable enough, and you don’t have to play with others.
$useless was originally the imagined platform coin consensus, but it has been broken. Currently, there are too many profit-taking orders, and it needs to be re-washed to have a better chance to get on board. $GP has a better cost-effectiveness, because first, it has the secondary function of platform repurchase and destruction, and second, as the provider of underlying technology, it must maintain its market value. Buy $gp on dips, and I will wait for a callback before buying $uselsess;
4. For the same platform believeapp, the high position of the platform currency $Launchcoin has been cut in half, you can consider buying it. I am currently building a position in dca;
After pump issues tokens, it will benefit believeapp and bonk_fun;
5. Regarding cookingcityHQ, it is a pity. The marketing is too bad. The wrong vehicle was chosen. The gameplay of sol does not fit the market. If $DBC does not take off, I think it will be difficult for this platform to compete with the above platforms. Cooking has not issued a platform coin yet. Longyi $DBC is the facade. It depends on whether you can take out real money to pull the price. If you don’t pull the price, you can’t attract attention. At this time, the pattern should be big. Even if it is to prepare for the platform coin, you have to pull the price of Longyi.
6. Now Binance has launched a lot of conspiracy disks. The bottom of the conspiracy disk is an opportunity. Actively embrace the conspiracy disk, break the prejudice, and make a little money;
7. In addition to shorting, there are some other opportunities in altcoins. That is, if you have a good relationship with Binance and strong capital, you can consider ambush in the spot market for some projects that have fallen. I now understand more and more about how to play Binance projects, and I will continue to share later!
Many people say that I have shared fewer memes recently, but that’s not the case. Most of the time, I buy memes and put them here because I think that good projects are being promoted, and it’s useless to promote bad ones. I am now spending more time on my trading, and I have made a lot of progress recently.
