Today's Must-Read | Twitter Featured Views [28 October]

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Renata2024/10/28 07:02

By:Renata

1. EliZ: $TIA spot holding, expected to continue to rise after a pullback

Eliz believes through chart analysis that the trend of the TIA market remains unchanged, and spot holdings will remain calm and wait for the next few days. After a pullback to the support level, it will continue to rise

See the original text: https://x.com/eliz883/status/1850670582184173594

2. RookieXBT: Trading opportunities and market position of $POPCAT

The current trend of POPCAT has the following trading highlights:

A. Continued strong performance : In this year's daily chart, $POPCAT has maintained a series of high points, showing strong resilience, indicating that the currency has solid support in the current market.

B. Market potential : Solana is expected to continue climbing to 200 dollars ++, while $POPCAT, as the leading Meme coin, is dominating the emerging category. At the same time, the expectation of its upcoming launch on mainstream exchanges such as Binance and OKX will further increase its exposure.

C. Supply and Demand and Position Analysis : The current market value ratio of Meme Coin to Cat and Dog Coin is still 1:10, and the overall market value ratio of Meme Coin to the total market value of the crypto market is 3:100. POPCAT holders are mostly long-term holders who are willing to stick to their target positions, which also makes them independent in trading, and their fluctuations are not easily influenced by the mainstream market, just like the supply and demand control of "cabal coin".

D. Trading strategy : Focus on the upcoming listing expectations of $POPCAT and the possibility of market share growth. The current position is suitable for bullish layout. The short-term target can be set in the expected upper line and the upward trend of Solana price.

See the original text: https://x.com/RookieXBT/status/1849140445240000551

3. Owen: Analysis of trading opportunities for $MOODENG

The trading highlights of the current trend and market performance of $MOODENG are as follows:

A. Fundamental news support : Binance has resolved the uncertainty about the "real $MOODENG", bringing positive news to the currency.

B. Valuation callback opportunity : Since the first T1 exchange launch, the coin has experienced a typical 80% callback, and the current market value is $170 million, ranking one of the lowest market value Meme coins on Binance, second only to $MYRO and $NEIROETH, with rebound potential.

C. Theme shift expectations : As the heat of AI-related on-chain currencies weakens, $MOODENG, as a "well-deserved" Meme coin, may become the next outstanding Meme coin, or at least have a good rebound opportunity.

D. Trading strategy : It is recommended to buy in batches from the current price until the market value falls to the 130 million range, which can be regarded as the ideal range for low-level layout. With the transfer of market hotspots, the coin is expected to become the focus of the next round of market attention.

See the original text: https://x.com/owen1v9/status/1849835041658110458

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4.0X Chang'an: The market is trapped in a narrative shortage, Meme becomes the protagonist of the game, and account abstraction and chain abstraction may become the next round of speculation

Currently, the market lacks new narratives, resulting in funds flowing between various local dog projects. The lack of speculation points makes it difficult for funds to gather. In order to make up for this gap, the market focuses on different types of Meme, including AI Meme, Sotheby's Meme, Election Meme, and Zoo Meme and other segmented tracks.

Narrative hierarchy and market performance

Large-scale narrative : For example, the L1 counterfeit products chain craze caused by the high gas fee of Ethereum in 2021, the metaverse vision brought by Facebook's renaming to Meta, and the AI narrative launched by ChatGPT.

Small narrative : It includes the technical updates of Ethereum, such as the LSD and LRT tracks driven by the Shanghai upgrade, and the expected reduction of L2 gas fees in Cancun upgrade, and market speculation on L2.

Currently, there is a lack of interesting targets in the combination of blockchain and AI. Coupled with the downward trend of L2 coins in the Bitcoin ecosystem, the market seems to lack a clear direction in the macro narrative.

Future potential narrative opportunities

Looking to the future, the upgrade of Pectra in Q1 25 may trigger a new wave of hot topics, especially the EIP-7702 proposal, which will allow ordinary wallets to temporarily act as smart contract wallets during transactions, realizing the possibility of bulk transactions and third-party token payment Gas. This upgrade is expected to be carried out in two stages, with the first part focusing on account abstraction and validator upgrades.

Therefore, "account abstraction" and "chain abstraction" may become the next round of market speculation.

Original link : https://x.com/MacroCRG/status/1849758888758743531

5. Chang Wei Xi: $AI16z and DAO Project: Investment Opportunity Analysis

As the leader of DAO projects, $AI16z has great potential, especially in its tokenization strategy and smart wallet trading mechanism.

DAO Tokens and Trading Mechanism : Each DAO raises funds through publish tokens, up to $15,000. Using smart wallets to buy and sell memecoins greatly improves transaction efficiency and facilitates flexible operation by participants.

Automatic allocation mechanism at maturity : All DAOs are automatically closed after the set period (3 months to 1 year) expires, and funds are automatically distributed to members. This mechanism provides clear exit time points for short-term investors.

Leading $AI16z continues to rise

The potential outbreak point of $AI16z is that its project has not only been given a new VC direction by the http://daos.fun , but also has been praised by @pmarca, the founder of A16z. Among the token holdings of $AI16z, the DAO account holds the most $degenai, followed by $SOL and the founder's namesake token. The project is gradually being built, and the future trend is worth paying close attention to, especially the development progress of the DAO project.

See the original text: https://x.com/Mirro7777/status/1850427409868190112

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.