You must have heard or said: "As long as Bitcoin ($BTC) falls below $25,000, I will enter the market and buy it." However, market sentiment changes too quickly and you miss the opportunity to enter the market. Now is the time to consider diversifying your asset allocation and gradually build potential projects. The following are the tokens that will cause market fluctuations in the near future:
$SOL
Although Solana has more controversial voices than praises, this controversy reflects the extent of the market. Compared with other so-called "Ethereum killers", Solana has received quite a lot of attention. Solana has always focused on the active community, and from October 31st to November 4th, they will hold their annual conference "Breakpoint", which may have some major innovations. It is worth noting that Visa has officially cooperated with Solana, and we may see them become partners with more institutions in the future.
$DYDX
DYDX is gradually moving away from Ethereum and migrating to its own DYDX Chain. This upgrade will bring fully decentralized order placement and cancellation, with fees only paid after the trade is completed. This will improve the overall user experience of DEX and set it up to be able to compete with centralized exchanges.
$LINK
Chainlink v0.2 is about to be launched, and pledgers will be able to withdraw at any time, which will increase the liquidity of funds and attract more people to buy and pledge. In the blockchain field, interoperability has always been a problem, but the success of multi-chain protocols such as Layerzero has attracted market attention. Chainlink's CCIP has similar functions, but it can connect different blockchains, and can also connect upchains and downchains. The future application potential is worth looking forward to.
$GHOST
Recently, Aave has been continuously increasing its holdings by large holders and has actively promoted the launch of RWA (real world assets). Once launched, the protocol's revenue may increase significantly. In addition, DSR (stablecoin interest rate) has also successfully attracted liquidity, which plays an important role in driving the price of $MKR up. Users holding Aave can get an interest rate discount when lending stablecoin GHO. The APY of 2.13% is significantly lower than the interest rate level of stablecoins, which will continue to create demand for Aave.
$SNX
SNX's trend is similar to Link's surge this week, and it has been trading in the same price range for more than 500 days. We don't know when the accumulation will end, but the opportunity for a wave of increases may be approaching. It has already started to rise, and it is worth our continued attention.
