As we all know, in every bull market, there is always a wave of meme coins or unpopular copycats that suddenly take off,#山寨季何时到来 and then ignite the entire market sentiment. This round is no exception.#迷因币情绪
First, Bitcoin broke through the historical high of $120,000 to kick off the market, then XRP surpassed USDT in market value and ranked among the top three, triggering the recovery of old coins, and then DOGE, PENGU, HBAR, XLM and other currencies broke out in turn. The altcoin market has been as lively as the Chinese New Year these days🎆
More importantly, this wave is not just "emotional speculation", but a systematic movement driven by funds, trading volume, on-chain data, and even the macro environment.
Today we will analyze the core drivers of this round of copycat trend and which currencies are at the starting point of the next wave of outbreak. 📈
🐶Dogecoin: Driven by institutional funds, DOGE once again leads the meme track!
Let’s look at Dogecoin (#DOGE ) first. This veteran has recently demonstrated his strong appeal again.
From 06:00 on July 13 to 05:00 on July 14, DOGE rose from $0.200 to $0.210, an increase of 5.05%, with a volatility of 6%. The real outbreak period occurred between 3 and 4 a.m., with two consecutive hours of trading volume reaching $616 million and $582 million, more than twice the 24-hour average!
More importantly, a large number of large orders of more than US$1 million poured in, and the total futures trading volume soared to US$1.5 billion, setting a new high this month, which clearly sent a signal of institutional entry.
📊 Brief technical analysis:
The rising structure is a step-by-step increase in high and low points;
The market closed at a high level for the day, with no significant selling pressure;
Support is confirmed at $0.200;
The upper resistance is focused on the $0.213 and $0.218 range.
As long as the trading volume continues to remain high, DOGE is likely to enter a new round of market. For the meme coin field, the activity of DOGE often means that the outbreak of other meme projects is also on the way!
🧊PENGU leads the meme sector, and the strong rotation of altcoins has begun!
Just as DOGE was rising steadily, a group of unpopular but powerful altcoins also began to explode one after another.
Among them, #pengu Coin became the focus, soaring 85% in 7 days, and the daily trading volume exceeded 1.8 billion US dollars. It is backed by NFT IP Pudgy Penguins, not only launching toy sales, but also laying out the Layer-2 network, and it is reported that ETF products are being applied for - one theme after another.
PENGU was all over the social media, with influencers and KOLs calling for orders one after another, creating a very lively atmosphere. 🐧
🔍 Summary of PENGU outbreak logic:
NFT brand + meme culture + practical scenario integration;
A large number of retail investors + some institutions have a clear game structure;
The daily structure has broken through, and the technical support is good;
The market is voting with its feet: short-term funds are pouring into meme/brand assets.
🪐HBAR and XLM are rising in rotation, and medium-sized public chains are starting to take over?
In addition to meme coins, medium-sized mainstream altcoins are also busy:
HBAR rose to $0.253, with explosive trading volume, and the structure is close to the typical breakthrough pattern in 2021. It attracted a lot of external attention due to smart contracts + enterprise application scenarios, and the Korean exchange had a single-day inflow of $184 million;
XLM rose to $0.50 during the day in anticipation of the v23.0.0rc2 update, and the 24-hour trading volume in the Korean market exceeded $460 million, making it one of the fastest growing projects in terms of on-chain activity in the payment field.
📈The characteristics of this round of capital flow are very obvious:
#BTC Stay at a high level, but funds are beginning to flow out;
Funds gradually shifted from super-large market capitalization to medium market capitalization, and then to small market capitalization/meme coins.
This is basically the classic roadmap for every bull market cycle.
🔍Bitcoin dominance is falling, is the alt season coming?
Well-known analyst Rekt Capital pointed out that the current dominance of Bitcoin has shown a slight decline, and the phenomenon of funds "departing from the BTC main line" has intensified.
BTC remains strong, but sentiment has not poured into BTC itself on a large scale. Instead, the desire for "rotation opportunities" has become increasingly apparent.
📌 The market is at such a stage:
Bitcoin's gains are converging;
Altcoins are relatively undervalued;
Improved macro expectations (Fed interest rates turn moderate, global risk appetite improves);
"Positive catalysts" such as crypto ETFs and policy easing have begun to be released.
In this kind of environment, altcoins often enter a "group upward channel" - even if there is a short-term correction, it is often just to build momentum for the next wave of pull-ups.
💡Besides XRP, which other coins may run faster?
Although XRP has performed steadily, in terms of explosive power, more and more investors are beginning to look for "new opportunities outside of XRP". The following are three representatives of the most discussed and potential "XRP alternatives" 👇
1️⃣ Worldcoin (WLD): A technological pioneer with both speculative and thematic characteristics
A global identity system using iris recognition; backed by OpenAI co-founder Sam Altman; if identity verification becomes a trend, WLD may be the first project to reap the benefits;
Price prediction: optimistic valuation up to $8 by the end of 2025;
But at the same time, regulatory privacy risks cannot be ignored.
“WLD is an unconventional project. If it goes up, it can go crazy. If it goes down, don’t blame the market for not notifying you.”😅
2️⃣ Litecoin (LTC): A classic veteran, making steady progress
Known as "digital silver", it has low gas and stable network; the ETF narrative has been reignited;
The price is expected to challenge $102.94 and $136 after breaking $96.58;
Suitable for conservative investors or players who are sensitive to drawdowns.
“It’s not as fast as a Lambo, but it’s not like I’ll wake up to zero.”
3️⃣ Remittix (RTX): Representative of pragmatism, DeFi + payment integration
Supports more than 100 cryptocurrencies to convert to fiat currencies, and can transfer to accounts in more than 30 countries around the world; integrated staking, low handling fees, and good existing user experience;
It has both practicality and narrative space, and is a rising star in the DeFi field.
"It's not just about telling stories, but it can really be used and implemented."
✅ Summary: In the long-short transition period, early layout is better than chasing highs.
The current market state is neither pure speculation nor full FOMO.
Instead, under the resonance of structural rise + liquidity recovery + increased risk appetite, some funds began to "bet in advance on the next wave of protagonists."
DOGE's large-volume breakthrough is a signal; PENGU's surge is an igniter; XLM and HBAR's activity is a rotation channel;
The increasing attention paid to projects such as WLD and RTX is a true reflection of fundamental funds looking for the next generation of narrative assets.
For investors, the most important thing at this stage is not to "chase hot spots", but to identify the logic behind the trend, then find the right position and make arrangements in advance.
🗣 So what do you think?
Can DOGE lead the meme coin sector to another wave?
Is the PENGU wave just an emotional bubble, or is it a real explosion of memes + brands?
Which potential currency to replace XRP do you think is better? WLD? LTC? RTX?
Welcome to communicate in the comment area or social skirt~
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