Today's Must-Read | Twitter Featured Views [November 14th]

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Renata2024/11/14 07:00

By:Renata

Today's Must-Read | Twitter Featured Views [November 14th] image 0

1.E: Review and Trading Views of Meme Coins with Top Market Capitalization Rankings

Open Coingecko and we will review the leading meme coin project by market value.

Core viewpoint:

Dogecoin ($DOGE): The pioneer of meme coins, using PoW mining. Due to its purity and frequent support from Musk, it has long held the leading position in meme.

Shiba Inu ($SHIB): As a product of the same period as $DOGE, it has the attribute of imitating the disk, and also has the image of a dog, so it ranks second in meme.

Floki ($FLOKI): Named after Musk's pet dog, the narrative associated with Elon Musk strengthens its influence.

Goat ($GOAT): The first meme coin recognized by AI agents, with pioneering significance of "meme + AI", bringing a unique narrative.

Neiro ($NEIRO): The "second dog" setting of Dogecoin, with a simple and clear narrative, meets the market's demand for "animal meme coins".

PEPE: The widely spread emoji pack last year, a representative of the attention economy, a meme coin that conforms to the new narrative, has become mainstream.

BRETT: A work by a PEPE artist, featuring a blue base chain with weak storytelling, but pushed to the top under strong control.

WIF and POPCAT: The two leading meme coins on the Solana chain, one cat and one dog, take the cute route. However, due to the lack of native attention at the beginning, some markets find it difficult to understand their narrative.

NOT: Considered a VC coin, it lacks the essence of meme and is disguised as a meme.

Peanut ($PNUT): Became a rising star in the meme market in just two weeks. Its narrative is closely related to the US election and has received high attention from the Republican Party. As the first non-cat and dog Binance spot animal coin, it meets all the elements of high-quality meme coins, with a simple and persuasive narrative.

Original link: https://x.com/0xEdwin999/status/1856665308657864977

2.Unipcs: bullish $DOGE, the market's general bearishness may be an illusion

Recently, I found that many people are actively shorting $DOGE, believing that this is the peak, but my opinion is different. When the market unanimously believes that a certain target has reached its peak, it often does not actually reach its peak.

Trading viewpoint:

Multiple potential catalysts

Trump's return to the presidency: If Trump is elected, he and Musk may vigorously promote cryptocurrency and promote it through the "government efficiency department".

Dogecoin ETF: I predict the launch of a Dogecoin ETF next year, further driving market demand for DOGE.

Retail investors' return impact: When Bitcoin breaks new highs and news of Trump's strong support for cryptocurrency begins to spread, retail investors will return to the market, and DOGE will be their first choice.

The correlation between market sentiment and BTC performance

Although BTC's dominant position continues to rise, DOGE still performs strongly, even setting new cycle highs. Once BTC. D peaks, DOGE's performance may become even stronger.

The "muscle memory" effect of retail investors

Looking back at the frenzy scene of 2021, when retail investors flock to the market again, the first target that may come to mind is still DOGE.

Overall, there is no reason to be bearish on DOGE at the moment. The general bearish sentiment in the market actually makes me more confident in bullish.

Original link: https://x.com/theunipcs/status/1856657915404267564

3.Three Blades: Investment Strategy - Returning to the Core Track

Whenever the market trend is not as expected, various statements emerge, such as "the distinction between old and new currencies", "only trading certain assets in a specific cycle", and even "this bull market is different from the past". I think these are all speculations and cannot be used as investment judgment basis. For my investment portfolio, I only focus on one core: focusing on the growth potential of the five major tracks.

Core viewpoint:

Core track: I focus on five tracks: public chain, wallet, decentralized exchange (DEX), lending, and stablecoin. I will not be distracted by external temptations or panic emotions.

Growth potential: I only focus on whether the growth potential of these five major tracks is still strong. These tracks still have great potential in the long term.

Competitive considerations: I will continue to evaluate the competitiveness of the projects I hold in their respective fields. As long as they maintain an advantage on the track, I will continue to hold them and not change my strategy due to short-term market fluctuations.

Original link: https://x.com/sdcrypto123/status/1856522373140492366

4.Encrypted Monkey Brother: How to Choose MEME Coins? Remember These Coin Selection Points

How to choose profitable opportunities in MEME coins? Crypto Monkey Brother shared his thoughts and strategies on coin selection.

Trading viewpoint:

Locate information sources and lock hotspots

Grasp market trends, pay attention to MEME OG accounts in overseas and Chinese regions, make a list, and prioritize. Be diligent in collecting information, pay more attention to hot narratives and currencies, which can effectively increase the probability of profit.

Distinguish narratives and focus on hot coins

For example, popular coins like $Neiro, $GOAT, $BAN, $LUCE, $PNUT, $ACT, etc. have novel narratives and great potential.

Neiro is the new pet of Doge's owner, with high market expectations; GOAT is the first AI-generated MEME coin; PNUT is backed by Musk, etc. Currencies with unique narratives usually have strong upward expectations.

Identifying Weakly Correlated Narrative Coins

Some currencies, such as DaE and DOGGO, can initially boost prices, but their narrative weight is weak and the community response is not significant. These types of currencies usually experience super washouts after the hotspots dissipate, so investing in them carries higher risks.

Execute strategies

When the certainty is low, a small positioning layout can be made, and a heavy position can be taken when the market value reaches more than 10M. After missing the first wave of hot coins, you can add positions when the daily chart corrects or there is a bullish trend, especially when the BTC trend is good.

Opportunities for top-level tokens on the chain

The hot mother coins on the chain are particularly important. For those coins on the top, when the market value is lower than 200 million dollars in the early stage of the explosion, we should enter the market decisively.

The key to mastering MEME

Core keywords: narrative, hotspot, community, OG, and project mechanism. Understanding and combining these elements can help select hotspot coins with more market consensus, reduce frequent operations, increase analysis time, and achieve stable profits.

Original link: https://x.com/monkeyjiang/status/1856913513844719755

5.Haotian | CryptoInsight: Misreading and Interpretation of the Ethereum "BeamChain" Upgrade

Seeing the recent rumors about Ethereum's upcoming upgrade to 3.0 and Layer2 being hit has caused market volatility, I believe this is actually a major positive rather than a negative.

Core viewpoint:

1. The real purpose of BeamChain upgrade

The BeamChain upgrade is actually a necessary optimization of the existing Beacon Chain, aimed at enhancing Ethereum's anti-censorship capabilities, improving block proposal and verification processes, rather than launching a brand new chain or token. This upgrade will strengthen the decentralization and security of the Beacon Chain, without affecting the existing Layer2.

2. Positive effects on Layer2

The Rollup-Centric strategy of Ethereum has not changed, and the upgrade of BeamChain only promotes the overall expansion of Ethereum. The future SNARKization and Modularization strategies will bring more traffic and application scenario support to Layer2, which is expected to improve the interoperability of Layer2 and promote the "upward channel" of high-quality solutions.

3. Promote the development of ZK technology

The upgrade of BeamChain marks a further exploration of Ethereum on the path of ZK expansion, which is in line with the long-term development of the overall Layer2 ecosystem. Therefore, the market should treat this upgrade rationally, not misunderstand it as a threat to Layer2, but should see its long-term benefits for the Layer2 and ZK tracks.

Original link: https://x.com/tmel0211/status/1856654867542282302

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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