After Lao Bao releases the pigeons, how should the secondary market select targets and operate?

Currently, among the top ten market values, only Dogecoin has the highest cost-performance ratio among the few tokens that have not broken their previous highs. I believe that large funds can hedge a little, and at least a 2 to 3 times return is still possible. I also trust Lao Ma's ability to promote products.

Last Friday night, Lao Bao's speech caused ETH and altcoins to surge. It’s only a matter of time before ETH breaks its previous high, but many altcoins might not be able to return to their previous levels, for example:

FIL historically at 238 USD

dot historically at 55 USD

near historically at 20 USD

icp historically at 750 USD

hnt historically at 55 USD

axs historically at 165 USD

aleo historically at 10 USD

xch historically at 1934 USD

The expectation of interest rate cuts in September has risen to 94%. Traders are betting on two rate cuts this year, so the familiar altcoin season will return, but the targets must be leading coins.

Those projects are all dead, with no updates on their code (github), and the community lacks activity. It’s time to decisively switch to leading hot sectors; don’t hang on to a single tree.

Choose those with high cost-performance ratios, select targets that are lower-ranked among the top 50, still optimistic about:

ENA stable at the third-largest stablecoin market value

pengu and $bonk NFT emitters and meme attributes; as long as the meme takes off, it will definitely produce something decent. This round is missing big dogs like $shib and $pepe.

There isn’t much major data coming up until the interest rate meeting in September. This time Lao Bao’s speech is considered stable. Starting today, choose good targets and don’t plan to short-term trade anymore. Keep some USDT on-chain; whether it’s for new investments or for dogs, it will be needed. On-chain, we’ll see if the target of xlayer can stabilize, and if it doesn’t, then okb will follow xlayer and no one will play it.

The second phase plays on the sol chain.

For new investments, look at valuation and unlocking situations.