The short-term trend of BTC shows signs of a second bottoming out, with strong support near 66k, and the overall trend remains bullish! The recent correction of the copycat stocks is large, and as time goes by, everything will slowly get better, but the premise is that you must stick to it!
According to the latest forecast, there will be at least one rate cut this year, and four rate cuts are expected next year. Although the situation next year is still somewhat uncertain, at least it is certain that the possibility of a rate hike has decreased.
For Bitcoin, the interest rate cut is undoubtedly a big positive. Personally, I predict that the first interest rate cut will most likely be in September or November, with a higher probability in September. As the expectation of interest rate cuts heats up, the price of BTC is also expected to break through the previous high at the end of August, reaching around 90,000. There may be some pullbacks afterwards, but there is no need to worry, because from mid-to-late September, Bitcoin will officially start a big bull market. It is expected that by November next year, Altcoin will also enter a bull market, and the price of Bitcoin is expected to reach around 150,000 in May next year, and may even reach a high of 180,000-190,000 in July. The interest rate cut is good news for the Bitcoin market, and the bull market of BTC is also full of expectations.
Buy the dips these 5 potential coins at the bottom before the bull market comes, the bull market will at least double your assets!
TON
TON has attracted much attention for its strong ecological support and unique advantages. With the help of Telegram's huge user base, TON provides users with a crypto wallet experience without the need for a banking system. Applications within its ecosystem, such as Catizen, have shown strong appeal. TON's recently launched projects, such as NotCoin, have provided investors with abundant opportunities with their unique miner structure and fully circulated token design.
TON has really emerged as a dark horse, setting a new record high. The growth of its TVL shows that the platform's user base and market acceptance are constantly improving. This breakthrough is undoubtedly a big boon for the future development of the TON network. Who knows if it will become the second Ethereum in the future. It may reach $10 in the short term.
YGG
YGG is a gaming guild focused on blockchain games that earn money while playing. It is a community that invests in NFT assets and connects blockchain gamers around the world. Their goal is to build a network of players and investors to help each other get started and grow in the NFT gaming space.
The biggest game with the most rapid growth in this round of bull market, with Double Botto at hourly level and good fundamentals. Once the upward trend starts, thousands of troops will come to meet it.
BOME
As a meme coin that has achieved the outstanding achievement of "listing on Binance in three days", BOME can be said to be the "miracle in meme coin projects" this year. BOME is a project that cannot be avoided in the history of meme coins, just like DOGE in the past and PEPE last year.
The news is that the CB contract will be launched on the 20th. The bottom of BOME will be amplified, and it will definitely explode. Hold firmly. This is a medium- and long-term high multiple.
PEOPLE
The people market has seen a decline recently, but in terms of the overall market and inventory, the decline is not too large and is still within the controllable range. It's just that the current market is not very positive.
In addition, people's chips are estimated to have been almost cleared, and there will be a small rebound in a short time. Unlike other MEME coins, PEOPLE has no floor price and is closely related to ETH. It is indeed easy to pull up the market with a small market value. The recent band of PEOPLE is easily 10 points. PEOPLE belongs to the US election sector and can continue to be hyped until the end of the US election in November. The current market value is 400 million, and the price-performance ratio is very good.
ONDO
Ondo Finance is a DeFi protocol built on Ethereum. It is derived from traditional liquidity services and moves towards the tokenization of real - world assets (RWA). Through highly innovative financial products, Ondo is committed to building a solid bridge between crypto assets and the real economy.
Ondo Finance launched the US dollar stablecoin OMMF based on the money market fund (MMF) this year. Investors can mint and redeem OMMF on weekdays and receive interest in the form of OMMF Token every day. Ondo's token will play a core role in providing liquidity, governance decisions and incentive mechanisms. Its total amount is 10 billion, and its circulation accounts for about 14%. The current ondo price has reached a new high of 0.97 today. The current circulation market value is about 1.3 billion US dollars. There is no unlocking in the first year, and it is already on the Coinbase list. It is expected to be listed on Binance spot sooner or later, and it is a strong currency.
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