Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Today's Must-Read | Twitter Featured Opinions [November 12th]

Today's Must-Read | Twitter Featured Opinions [November 12th]

Renata2024/11/12 06:50
By:Renata
Today's Must-Read | Twitter Featured Opinions [November 12th] image 0

1.Dayu: Analysis of the potential of mainstream meme coins such as $DOGE

Musk and Trump are related, believe in trends, and hold onto the main thread.
$DOGE: This round may be stronger than the previous round! Bullish to 1 dollar, no need for further explanation.
$PNUT: It is expected to strengthen after the washing, supported by Trump and Musk. It may become a key traffic in the election, with a high ceiling.
$LUCE: Trump preaches religious gospel, luce or have more interaction with Catholic relics.
Classic memes include $SHIB, $PEPE, $BOME, $BONK, etc. Especially $PEPE, which was originally hoped for in the narrative of the Trump election, but the current situation is slightly worse than expected due to the rise of $DOGE, which has obscured some of the light. The market value of classic meme coins has reached a high level and is under great pressure.
The meme coins held by the head specifically refer to the meme coins held by the head, which have rapidly increased in popularity and have obvious wealth effects.
$NEIRO: Market capitalization 1 billion, positioning as a new dogecoin, but the Chinese area is more popular and may be suppressed by $DOGE.
ACT: AI concept, with low market value and concentrated chips, may have large potential due to the support of top players.
On-chain meme is a leading project that has not been listed on the top of the chain, but it is difficult for projects with a market value of 5-1 billion to be listed on the top of the chain.
Small-cap projects are relatively advantageous for retail investors, but the challenges are not small.
It is recommended to pay attention to high liquidity, large memes in top firms, or potential projects that have not yet entered top firms.
When unsure, hold the currency and wait for opportunities, or choose a safe large currency (such as $SOL or BTC).
Trading view: in the bull market, maintain patience and imagination, hold high-quality targets for a few months and then see the results, and avoid band operations

2.Altcoin Sherpa: Analysis of the Current Trend of $BTC

Many people, including myself, have speculated whether the current trend of $BTC is similar to the situation in June 2021, when the price broke through the historical high after several months of consolidation. If so, there is probably still 4-5 months of upward space.
However, I believe that this market trend may last longer than in 2021, for the following reasons:
The consolidation time is longer: the consolidation time this time is about 250 days, far exceeding 2021.
Strong rise after a long period of consolidation: Usually, after a long period of consolidation or base formation, the subsequent rise will be stronger.
Different market structures: This time there are ETFs and a large amount of capital inflows, which are very different from the market conditions in 2021.
It has not reached the initial rising stage similar to the winter of 2020: Although I am looking forward to it, I do not think our current market is in the area where BTC just started to rise at the end of 2020, because the current BTC level is relatively higher.
Transaction perspective: I think we may have another 4-8 months of growth. It is expected that BTC will have a stronger performance (which has already appeared), BTC. D (Bitcoin dominance rate) will further rise, and then there will be a carnival of counterfeit products. Although it will not completely repeat the counterfeit products season in January 2021, it will be a very exciting time for many investors.
 

3.Encrypted Monkey Brother: GOAT has reached the top area!

Current observation, $GOAT has entered the high area, the market value has reached $800 million, retail investors gathered, the follow may be $ACT to attract funds and attention.
Trading viewpoint:
ACT Advantage: ACT has been listed on top exchanges, attracting funds and emotions. Due to the lighter involvement of retail investors, it has better cost-effectiveness and obvious potential for growth.
GOAT Risk: The market value of GOAT is already high. Without further liquidity support, it may be difficult to maintain the current high level and there is a risk of decline. Signs of on-chain whale reduction are also worth noting, indicating that market confidence may be shaken.
Strategy suggestion: For GOAT, it is recommended to remain cautious in the market value range of 8 to 1 billion US dollars. ACT is expected to usher in short-term upward opportunities due to the support of the head, and its trading trends can be appropriately monitored.
 

4.STILL K.A.P.O: Plan to buy $ZIG daily

I am preparing a new wallet for the next 30 days, depositing 30 + ETH. Every day from now on, I will convert 1 ETH to $ZIG.
Trading viewpoint:
This is one of my main practical token investments, and I am also an advisor to @zignaly and @zigchain. Therefore, I am confident in the prospects of $ZIG.
I will update the trading situation daily and post the trading ID in a thread here to maintain transparency.
 

5. Daewoo: Focus + Heavy Position, Long-term Holding Strategy

Starting today, add two words: long-term holding. Long-term holding means holding onto the leading coins, not panicking due to pullbacks, not doing short-term trading, holding for a few months, and there is a high probability of substantial returns.
Trading viewpoint:
God-level gears: BTC, DOGE
Human level gear: ETH, SOL
Head gear: PNUT, ACT
On-chain gear: LUCE
Other gears: countless
Core suggestion: Focus on these high-quality targets, not be disturbed by short-term fluctuations, hold for the long term, and wait for opportunities for appreciation.
 

6. Defioasis.eth: A Brief Review of ACT

This wave of ACT is really a windfall for me. I bought it at 021-0.022 on Bitget in less than a week and caught up with ACT's listing on the top.
Trading viewpoint:
AI Meme Narrative Opportunity: The rise of ACT stems from the popularity of AI Meme. I have always recognized the logic of AI Meme - the combination of AI technology and Meme coin brings lasting narrative power. Before ACT went public on Binance, successful cases such as WLD and TURBO had already appeared in AI Meme, and their trends validated this trend.
Market selection and position stability: At the end of October, the GOAT perpetual contract launched by the top exchange made me re-focus on AI Meme, especially after selecting seven tokens such as ACT. Due to its moderate market value and stable holder base, I chose to heavily invest in ACT.
Meme project screening logic:
According to Murad's screening logic: market value correction of 2-3kw, more holders, cybertribe engagement.
 
Data Analysis Support: According to @0xScopescan's data, the average win rate of tokens added by holders is 65%, which also reinforces my decision to choose ACT between ACT and ai16z.
 
The support of second-tier exchanges: ACT was first listed on Bitget, giving it potential market-making support, which is also a bonus point for choosing ACT.
Investment philosophy and holding strategy: My core philosophy is to hold the leading companies in the alpha track and reduce the frequency of operation. Although ACT's chasing after Binance's listing made short-term profits, it made me realize that sticking to my own ambush strategy is more suitable for me than chasing after the rise.
 
3

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

MicroStrategy acquires another 55,500 bitcoin for $5.4 billion, taking holdings to 386,700 BTC

MicroStrategy has purchased another 55,500 BTC for approximately $5.4 billion at an average price of $97,862 per bitcoin.The latest acquisitions follow MicroStrategy’s completion of a $3 billion debt offering and sale of 5,597,849 shares for $2.46 billion.

The Block2024/11/25 14:39