$ETH : Institutions have increased their holdings of ETH again within 10 days, and the guardians of Ethereum are really about to rise
As Ethereum continues to strengthen, which cryptocurrencies are worth us ambushing:
As the corresponding tokens for infrastructure construction projects within the Ethereum ecosystem, LINK, UNI, MKR, 1INCH, and CRV are the cryptocurrencies held by large holders and institutions [especially UNI and LINK have seen good gains recently]
With the passage of the bill, many coins in the DeFi sector have started to strongly initiate, and the projects behind tokens like MKR, 1INCH, and CRV are considered the backbone of the Ethereum ecosystem in the DeFi field.
Meme coins are one of the most active ecosystems. Although the current meme trend in the Ethereum ecosystem has been overshadowed by the Solana ecosystem and even the BSC ecosystem, with the rise in ETH prices, Ethereum's meme coins are still expected to experience a price increase driven by liquidity overflow. Currently, we can focus on:
MOODENG: A meme personally endorsed by Vitalik Buterin, from a short to medium-term perspective, the price has undergone a long period of low-level consolidation, and the current trend has quietly entered a structural turning area. Especially at the daily level, after sufficient digestion of market sentiment, there are obvious signs of a bottom stabilization.
DOGE: The leading MEME coin, as long as memes are still around, it will definitely have its place. Recently, Musk has established the American Party, which clearly leans towards technological innovation, artificial intelligence, and cryptocurrency. As Dogecoin is personally endorsed by Musk, it still has long-term potential.
PEPE: The market capitalization benchmarks DOGE and still has at least five times the space. With strong backing, the last bull market also rose by 60-70 times. With the way PEPE is speculated, this round at least has several times the space. Currently, it has not officially started, and its position is relatively low, balancing with most institutional costs. This position is quite suitable for us to ambush.
