The bull market is coming! After the US elections, several altcoins are set to soar, potentially increasing 30-50 times; a wealth opportunity not to be missed!
SUI
The Sui blockchain recently partnered with digital collectibles pioneer Sweet and Major League Soccer (MLS) to launch MLS QUEST. This online platform allows fans to collect 'Game Key Moment Medals', digital assets that blend exciting game highlights authorized by MLS and the MLS Players Association.
Fans can not only trade, sell, and gift these medals but also fully utilize them by participating in game-related tasks, leveling up, and earning various rewards.
Choosing Sui as the blockchain foundation for MLS QUEST was mainly due to its excellent transaction speed and efficient minting capabilities, providing users with a smoother and faster experience. Currently, Sui's token is valued at $1.85, having risen 4.8% in the past week.
DOGE
Dogecoin has recently attracted widespread attention, currently priced at $0.151, with a daily trading volume of $4.35 billion and a market capitalization of approximately $21.33 billion, holding a market share of 0.92%. Although the price has dropped by 6.85% in the past 24 hours, it has risen by 3.31% over the past week and increased by 34.31% in the last month.
Overall, the market sentiment for Dogecoin shows a bullish trend, with a fear and greed index reaching 69, reflecting a sentiment of 'greed'. Additionally, Dogecoin's trading price is 25.60% higher than its 200-day simple moving average, which is typically seen as a positive signal for long-term performance.
RAY
Driven by strong trading activity from Solana's top decentralized exchange, Raydium's RAY token has risen nearly 20% this week. Market indicators suggest that this momentum is likely to continue, as Raydium remains a leader in the Solana trading space. Since October 28, the platform has processed a weekly trading volume of $8.9 billion, accounting for 62% of Solana's decentralized exchange activity.
ARKM
As Arkm previously announced its intention to create a derivatives platform, arkm has started to strengthen. This adjustment is still operating within a normal range.
Recently, the platform seems to be on the verge of landing, so it has also shown some resilience these past few days. As my only major long-term holding token, Arkm has taken me through quite a roller coaster. After more than a year of passive holding, there is now a glimmer of hope. Apart from TAO in AI, I have high hopes for this new coin, let’s strive for it!
If the market cannot stabilize above $2, then the oscillation trend remains unchanged. Short-term support is at $1.4, and the short-term risk lies in the possibility that if the announced derivatives platform issues a new platform token instead of continuing with Arkm, it may trigger a corrective drop.
TAO
At the top of the DePIN altcoin list is Bittensor, an open-source protocol that supports a decentralized machine learning network based on blockchain. Bittensor's native token, TAO, has dropped 15% in the past 30 days, trading at $510.86. At one point this year, the value of this altcoin approached $800. Therefore, the recent decline suggests that TAO may present a buying opportunity.
On the daily chart, the price of TAO is below the 20-day exponential moving average (EMA) (blue). However, the token has not yet fallen below the 50-day EMA (yellow). On the surface, it seems unlikely to break this threshold, suggesting that the price of TAO could jump to $681.85 in November.
SHIB
SHIB is currently trading at $0.00001768, having increased by 5% on the monthly candlestick chart. Due to the Shiba Inu team's continuous introduction of new utilities, many analysts expect SHIB's stock price to rise 2-5 times in November. However, due to SHIB's market cap limiting its 100 times potential, many investors are seeking alternatives.
