Small coins suddenly become popular! Dogecoin, Shiba Inu, and Cardano are collectively skyrocketing. Can ordinary people seize the opportunity?
Recently, the cryptocurrency market has exploded again! Dogecoin and Shiba Inu, which were originally referred to as "meme coins," have suddenly soared like rockets. It's like a once-quiet vegetable market suddenly being packed with people scrambling to buy; even the seasoned investors are saying they can't understand what's happening.
1. Dogecoin: Is Musk's endorsement back in action?
The price surged from $0.1 at the beginning of the year to $0.18, with a single-day trading volume hitting 21 "small goals." Although there haven't been any new technological breakthroughs, the global trading volume has skyrocketed by 64%!
I've heard that Tesla is researching using Dogecoin for merchandise; if that can be realized, it might really surge again.
But be careful; if one day Musk stops making noise, the price might just plummet.
2. Shiba Inu: Burning money for the future?
This coin recently made a big move—launching a new system to make transactions lightning-fast, and it promised to burn $40 million worth of tokens every month.
Now the price has jumped to $0.000013, with some calling for a 500% increase. But don’t celebrate too early; the total supply of this coin is massive, and the whales hold a lot of chips, ready to crash the price at any moment.
3. Cardano: A comeback for the tech geeks?
This project, known as "Blockchain 3.0," has quietly increased by 6%, breaking the $0.7 barrier.
They developed a new technology called "Proof of Stake," which consumes 99% less energy than Bitcoin; even the United Nations is using it for carbon-neutral payments. But be cautious; currently, 75% of the large holders are secretly selling off to reallocate.
4. What should ordinary people do?
1. Don’t just focus on the rise: These coins are like trendy milk tea shops; a long line doesn’t mean they taste good.
2. Control your position: Invest a small amount to test the waters; never bet your entire fortune.
3. Keep a close eye on news: Musk's tweets, new listings on exchanges, and policy changes could all trigger tremors.
4. Observe long-term: The ones that truly survive must have actual utility.