Appeal to the XRP Community. The strength of XRP lies not only in its technology but also in the United States and its community. I have noticed an increasing division among us recently. We are not opposing sports teams; we are pioneers of future finance united by a shared vision. Let us refocus on what matters: supporting each other in market fluctuations, sharing accurate, verified information, building collective knowledge, and providing a united front for the broader crypto world. When we collaborate instead of compete, we amplify our voices and strengthen our investments. The future of finance is being written. Let us ensure we write it together. Providing a united front for the broader crypto world.
#山寨季何时到来 1. Do not touch old low market cap altcoins that can't get any older; they could be delisted at any time; 2. Do not touch altcoins with unlimited issuance. Some old mainstream ones like DOT and FIL have undergone issuance this round; this time it can still be played, but next time it won't be playable. As for smaller altcoins, there's no need to consider them. 3. Be stable, buy valuable altcoins that have been significantly reduced in price, such as LINK and AAVE, as well as stablecoin sectors like ENA and CRV, which are also key this year. Alternatively, consider some newly undervalued coins that still have funds. Once the trend comes, they will rebound the fastest. Currently, whether on-chain or off-chain, trading volume has significantly decreased, retail investors lack confidence, and even large institutions are worried. However, this creates more opportunities, so just wait.
$BTC 5.10 Bitcoin price today: Bitcoin is currently trading around $100,300, having made a slight sideways movement in this range yesterday. Structurally, the rise that started from the low of $93,327 has completed the upward phase of wave a, with this increase being approximately $11,000. We are now entering the b-wave consolidation phase, which means we are in a process of washing out and building strength. The b-wave consolidation is expected to last a few days, mainly characterized by small range fluctuations, and there is currently no significant pullback in sight, so there is no need to panic or short the market. On the contrary, this phase presents a good opportunity for us to accumulate and go long, especially if the market gives us another chance to approach the $100,000 level, which would be an ideal point to increase our positions. Once the b-wave consolidation is completed, we will welcome the main upward wave c. Based on the wave pattern projections, if wave c mirrors the amplitude of wave a, Bitcoin could start from $100,000 and rise another $10,000, targeting $110,000 or even higher. In summary, we are currently in the b-wave consolidation zone, which may last a few days with limited fluctuations. The closer we get to the $100,000 mark, the better the opportunity to accumulate, and after achieving the target of $100,000, the next target will aim for $110,000.
Will altcoins crash? How should we position ourselves? 🔥🔥🔥 There are currently two directions: First, Bitcoin keeps siphoning off value, while altcoins remain stagnant, leaving us with no choice but to wait. Second, if market funds shift to Ethereum, Ethereum will rise, and altcoins will follow suit; at that point, it may be worthwhile to invest. However, if Bitcoin pulls back, altcoins won't just pull back simply; they will definitely experience a flood of selling. In the absence of a clear direction, we can only wait for now! From now until January next year when Trump takes office, everything is set to rise because expectations are in place. Previously, we analyzed that the U.S. has made Bitcoin a strategic reserve, leading other countries to follow suit, and they will also have to buy. Additionally, many publicly listed companies will also purchase, with giants like Microsoft getting involved in buying Bitcoin. Next year, Bitcoin is expected to continue breaking new highs. Also, don’t worry about altcoins dropping; if Bitcoin stagnates, altcoins will start to rise. According to historical patterns, every time after a halving, the altcoin season begins 7 months later, and Bitcoin's dominance starts to crumble.
AIDOGE has shown significant growth in a short time, with the closing price above the opening price, indicating an optimistic market sentiment. This trend may be influenced by the overall improvement in the Ethereum ecosystem, especially after positive statements from founders of major projects.
Trading Strategy Short-term Buying Opportunity: Considering AIDOGE's current price uptrend, if it continues to hold above 4.5e-10, investors may consider making moderate purchases in the short term. Given that the current price is within an upward trajectory, there is potential for continued increases in the short term.
Stop Loss Setup: To protect investment capital, it is recommended that investors set a stop loss when opening a position. If the price falls below 4.3e-10, a stop loss exit can be considered to prevent larger losses.
Take Profit: If AIDOGE can continue to break through the previous high (5.1391e-10), investors may consider gradually taking profits to ensure certain gains.
Long-term Holding: For investors who are confident in the AIDOGE project and team, it may be advisable to build positions in batches near the current effective support level to lock in long-term profits.
Summary Overall, the current market sentiment for AIDOGE is good, and multiple factors may drive the continued rise in prices. Investors should flexibly adjust their trading strategies by considering market dynamics, project developments, and price trends, ensuring profitability in a volatile market. Stay updated on important news within the industry, especially developments related to the Ethereum ecosystem, to timely adjust investment decisions.
Can PEPE surpass Shiba Inu by the end of 2024? ChatGPT's Answer
PEPE continues to make headlines as it broke the historical high of November yesterday and set a new peak after a daily surge of 20%.
While it has narrowed the gap with Shiba Inu in terms of market capitalization, it is still quite significant. However, the question is whether it can become the second largest in its segment.
PEPE vs SHIB
CryptoPotato reported yesterday on PEPE's impressive performance. After weeks of sideways trading, and even pulling back from the peak on November 13, this meme coin continues to perform well, reaching a new high of over $0.000026.
Although it has lost some appeal since then, PEPE is still well above $0.000025, with a market capitalization slightly below $11 billion. This is still far less than SHIB's $19 billion, but PEPE has consistently outperformed Shiba Inu in the past month, with an increase of 135%, while Shiba Inu's increase was only 70%.
This has led to speculation in the community about whether PEPE will surpass SHIB and become the second largest meme coin by market capitalization; it is just a matter of time.
Bitcoin national reserve legislation proposed for the first time
Recently, Trump’s ally in the U.S. Senate, Cynthia Lummis, proposed a bold plan: to push for a bill when the new Congress takes office next year - to sell part of the Federal Reserve’s gold reserves to establish Trump’s proposed “strategic Bitcoin reserves” without increasing the government deficit. According to Bloomberg, the bill requires the United States to purchase 1 million bitcoins, which will cost about $90 billion at current market prices. In theory, the Federal Reserve has enough gold to buy 1 million bitcoins and still have a lot left over. If the bill is passed, investors will buy before the government, and the government's acquisition costs may increase.
Cryptocurrency circle is excited! Media group DJT is going to acquire digital exchange Bakkt, and the stock prices of both companies have skyrocketed
Trump is accelerating his layout in the crypto market, and his social media group DJT plans to negotiate the acquisition of crypto trading venue Bakkt. On Tuesday, the Financial Times quoted people familiar with the matter as saying that the media and technology group under US President-elect Trump is about to acquire Bakkt in full, and Trump promised to retain his 53% stake in the group. The valuation discussed by the two parties is still unclear, but Bakkt's market value was slightly more than $150 million on Monday. After the news was released, the stock prices of both companies soared. Bakkt's stock price soared 162% on Monday and continued to rise by more than 15% after the market, while DJT's stock price rose by about 16.7%.
This may be Trump's last campaign! The cryptocurrency market has seen a 33,000% surge...
On Monday (September 30), the "US Government Efficiency Committee" (DOGE) meme coin surged, soaring more than 33,000% from its lowest point in September, but the price later fell back to $0.01989. Billionaire Elon Musk said that if former President Donald Trump is not elected in November, this will be his last campaign. Musk previously hinted that he would join Trump's proposed US government efficiency committee. “Few Americans realize that if Trump is not elected, this will be the last election,” Musk wrote.
He warned that the Biden/Harris administration is flying "asylum seekers" directly to swing states such as Pennsylvania, Ohio, Wisconsin, and Arizona so they can quickly gain citizenship, stressing that "this is a foolproof way to win every election."
On November 15, there was a remarkable news that the incoming US President Trump and an important ally in the Senate are working together to plan a bold and innovative plan to strengthen the United States' leading position in the field of digital currency while ensuring that this move does not bring additional burdens to the national finances. This ally is Cynthia Lummis, a Republican senator from Wyoming, who is widely praised in the political circle for her forward-looking vision and deep understanding of financial technology.
Wow! With this wave of operations, Dogecoin Icon has transformed itself from a "little transparent person in the currency circle" to a "top six big players in market value"! This speed is faster than my star-chasing! Last week, it was still unknown and ranked tenth, but it has directly jumped to sixth in the past few days, with an increase of more than 80%! My heart is thumping, and I feel like it will take off in the next second!
This is simply the counterattack of the "dark horse prince" in the currency circle! Those who once questioned it and laughed at it as an "emoji coin" are probably crying in the toilet now, right? This wave of operations directly slapped the faces of countless "experts" predictions, and it was a "really fragrant" scene!
You know, this happened when Bitcoin was slightly weak! Dogecoin can actually rise against the trend, which is simply a clear stream in the currency circle, oh no, it's a "torrent"! This wave of market reminds me of the classic Internet hot meme: "I advise you to be kind!" Those friends who are still hesitating whether to get on the bus, are they regretting it now?
Some people say it is a "leek harvester", while others say it is a "wealth code", but no matter what, Dogecoin's performance is really surprising, and it has also made more people pay attention to this once underestimated "emoji" currency. No one can say how it will develop in the future, but it has successfully created a miracle in the currency circle! For this wave of operations, I can only say: it's amazing!
Dear currency circle players, are you ready? The next wave of "wealth freedom" train may have slowly arrived... Remember, investment is risky, and you need to be cautious when entering the market! Don't cry and shout that I didn't remind you!