What are the market hot spots this month?
1. BRC20 Inscription Track
2. New coins in the bull market: meme, jto
3. Bankruptcy recovery coins: lunc, ftt, ustc
4. Star projects: blast, blue avax, soc, gala, reef, trb, sand, ar, aave, dydx, icp, bnx, vgx, comp, trx, waves, ssv, vib, axs, hnt, imx, anc, gal, snm, snx, sushi, mana. These coins will still plummet at present. Please wait patiently. When the bottom is established, I will remind you to buy at the bottom.
Fortunes are sought in danger. After this crash, there are hundreds or even thousands of times of coins everywhere. CFX, DYDX, AVC, BNX, AR, EOS, SHIBC, MIMAB, CKB, USTC, LUNC, LUNA, FTT, MASK, ANC, GALA, SNM, SOL, CHZ, APPT, DOGE, HFT, LTC will become rich the fastest. In addition, the secondary market may also be the upsurge of RWA track. OM has rushed to the first place in the increase list. Judging from the weekly trading volume, funds have intervened in OM coins a few weeks in advance! The new leader of the RWA track, Ondo token, has been listed on Bybit, and Binance will also be listed on Ondo spot soon. The contract has been listed for trading. It is not recommended to buy OM coins. Whether the RWA track is sustainable needs to be observed.
Optimism（OP）：
The bullish sentiment in the cryptocurrency market is strong, with prices up 3.38% in the past 30 days. The trading volume in the past 24 hours was $312.07 million, indicating active market participation. In addition, OP has outperformed 60% of the top 100 crypto assets in the past year, showing resilience.
Currently, the coin is trading above its 200-day moving average, which is a positive indicator. However, investors and traders are advised to keep a close eye on OP’s trends as the coin appears poised both technically and fundamentally for a potentially explosive price surge.
Maker（MKR）：
Maker (MKR) has demonstrated the resilience of its ecosystem with a large number of real-world asset (RWA) transactions. This reflects continued interest and activity during market volatility, indicating the positive nature of the protocol.
MKR, on the other hand, is trading at $2,000, according to CoinMarketCap. The demand for this altcoin has gradually increased throughout the year, and investors are generally positive about it.
Moreover, one of Maker’s strengths is its high liquidity, which is attributed to its market capitalization. The token has gained 179% in the last year, outperforming Bitcoin and Ethereum. Moreover, it is currently trading above its 200-day simple moving average.
Xai(XAI):
Xai (XAI) has gained prominence in the emerging GameFi sector as it positions itself as a layer 3 blockchain tailor-made for the gaming industry. Thanks to a popular airdrop and increased visibility on the trading platform, XAI’s stock price surged 42%, solidifying its position.
In conclusion, Xai (XAI) has shown promising growth in the GameFi space, driven by strategic initiatives and collaborations. Despite challenges in the wider cryptocurrency market, XAI’s recent achievements and partnerships make it the best cryptocurrency to buy right now.
KLAY：
Klaytn is considering a substantial merger with Finschia, a well-known Japanese public blockchain company. The Klaytn Foundation and the Finschia Foundation have collaborated to submit a governance proposal aimed at launching a new mainnet.
KLAY shows high liquidity based on its market cap and is actively traded on Binance. Notably, Klatyn has an annual supply inflation rate of 15.31%, resulting in 462.51 million KLAY being created last year. Klaytn's merger plan with Finschia highlights its strategic vision of integrating strengths and leveraging synergies. The token has the potential to perform well.
CHZ：
The price of Chiliz (CHZ) has experienced an impressive surge recently, rising by more than 35% in the past week. The impressive upward trend has caught the attention of market analysts and cryptocurrency enthusiasts. According to Coinglass data, Chiliz (CHZ) trading volume surged by a massive 490.31% to $371.42 million.
Chiliz (CHZ) price action is being closely watched, with most speculating that the cryptocurrency’s movements could be indicative of a broader trend of blockchain and sports convergence. As Chiliz (CHZ) continues to make waves with its innovative strategy, future price action will be closely tied to developments within the Socios platform.
On January 17, 2024, Chiliz (CHZ) was trading at $0.1047, up 39.70% over the past week. Supported by the development of its network, CHZ will rise to $0.1215 by the end of January.
