Bitcoin has broken through 117,000 USD, equivalent to 840,000 RMB each, with a market value of 2.3 trillion USD, which was only 20,000 RMB five years ago. Back then, over 3,000 USD was considered expensive by some, but now it has become a coordinate of the times.
Looking back at Ethereum, it is now only 20,000 RMB each, with a market value of only 350 billion USD, which is less than 1/6 of BTC, while it once had the chance to be close to half the market value of BTC. Now, ETH's value return journey is quietly starting.
From the market value distribution, it is also very interesting - after removing stablecoins, the eighth place ADA has a market value of only 24 billion USD, while the tenth place SUI is only 11.8 billion, and Bitcoin alone dominates more than half of the market share, maintaining its giant status as stable as a mountain.
But the real enthusiasm driving the market still relies on altcoins.
HYPER surged 385% in one day
BANANAS31 has soared for three consecutive days, with a single-day surge of 50%, and a 6-fold increase in 20 days.
VIC surged 34%, and on Monday it even jumped 80% directly.
OMNI, INIT, and others followed closely, surging between 30%-55%.
Also: LOKA, HAEDAL, GOAT, REZ, STO, PNUT, ACX, BIO, SAGA, SKL, ORDI, SEI, ZK, DYM... Every day there are new names appearing on the list!
This wave of collective explosion shows us: altcoins are the sparks that ignite the market.
Especially BANANAS31, which is a fusion of artificial intelligence + MEME, combining AI concepts, Meme popularity, and Musk's traffic, equals three explosive points stacked on one coin, how could it not be fierce?
Then there is BONK on the SOL chain, which pulled up in advance, completely following its own rhythm; while the surging HYPER, focusing on cross-chain communication, although cross-chain has long existed, who can say it won't explode late like Layer2?
Public chain projects like VIC and INIT are also frequently appearing, indicating that main funds have begun to layout around public chains, Memes, inscriptions, AI, DeFi, and other directions.
Only when altcoins make a strong comeback does the market really get lively.
The current hot spots and rhythms are very clear: the theme must be new enough, the narrative must be strong enough, and the increase must be fierce enough!
Remember: understand the few leading ones, and you'll know what the main funds are speculating on, grasp the rhythm, follow the trend, and making a profit isn't a dream.
In the second half of the year, opportunities are becoming clearer.
Are you ready?
