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

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

Renata2024/10/28 06:54
By:Renata

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

Eliz believes through chart analysis that the trend of 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
 

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.
 

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.
 
 

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.
 

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.
 

6. Xiao Z: TuGou MEME Investment Experience

If you are interested in MEME but don't want to participate in intense PVP, here are three investment tips I recently summarized, focusing on leading narrative and suitable for big positioning.
The cross-chain ambush of the leading earth dog on the SOL chain
For example, the popular leading coins on the SOL chain, such as $GOAT and $BAN, can be found on Ethereum with the same name. If they have not yet risen, they can be ambushed with a high profit-loss ratio. However, it is important to choose the leading coins rather than the second dragon, as the effect of the second dragon is weaker.
Pay attention to the MEME recommended by the secondary market boss.
The screening ability of these bosses surpasses that of most people. Even if you don't get on board, you have to study it in depth. For example, $GOAT, Pigeon Nachi entered the market when its market value reached 2-300 million; and the narrative of $BAN was repeatedly mentioned by Chuan Mu.
C. A major FUD test for coins with good fundamentals
For currencies with high trading volume and high popularity, do not immediately cut losses when encountering major FUD. Carefully judge whether it is a washing of the plate. For example, both $GOAT and $BAN have experienced major FUD, but this period is the best time to get on board. Similarly, $NEIRO was also an opportunity to increase positions at the critical moment when Binance listed capital contracts, and @BitCloutCat chose to increase positions.
 

7. Mirro/: $SOL Trading Strategy and Market Analysis

Recently, I have been thinking and trying out the market hotspots and trading strategies of $SOL. The following are the main viewpoints and trading suggestions.
A. Market heat observation
Bot fees as a barometer : The current market heat can be intuitively felt through bot fees. Recommended reference to the following tools:
-Bullx : This is the tool used by most overseas whales. Yesterday, the halving of fees showed a halving of buying orders, providing a market barometer function. You can also observe the trend of bananas on Ethereum.
- Practicality : It is highly recommended to use Bullx to monitor the market, especially for quickly tracking market hotspots. Yesterday, I saw V-related content on Bullx that triggered the purchase of $EPanda. This way of monitoring market hotspots is very effective.
- Specific recommendation : Bullx's internal trading is fast and convenient, and the external trading is recommended to use the bot with built-in anti-pinch (such as PinkPunk TradingBot).
b.AI Narrative - The Potential of $ai16z
- Narrative Prospects : If $a16z does stand out, it will be one of the strong narratives in the current market. $AI investment in Financial Marekt has broad appeal and is easy to understand, and the current stage can be seen as a good opportunity for meme investment.
- Initial intervention : It is recommended to intervene with small positioning at the current stage and wait for a clearer narrative verification. Similar to the logic of buying low-priced NFTs in the early stage.
The importance of on-chain observation
-Solana's opportunity : There are many opportunities in the current market. Observing the heat of on-chain funds through tools such as Bullx can help judge the potential high-yield targets in the market. Seize the opportunity and don't worry too much about market fluctuations.
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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.

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