Author: Dayu
Has the bull market rebounded? I dare not say. But we must be prepared for which coins to invest in when the bull market rebounds.
According to statistics from various sources, it is well known that the track that made the most money in the first half of the year was Meme, but the track that everyone lost the most money was vc coin, but you may not know the currency type. They are all superstars: strk zk, etc. The more famous they are, the greater the loss.
In fact, everyone knows that the value of the crypto is not that great. It is a common phenomenon that valuable coins have no value. So it is not about looking for value, but about thinking from the perspectives of chip distribution and narrative.
1. Narrative and recommendation of the Meme track
In fact, the essence of narrative is how many people believe in a certain coin and promote that "it can still rise". Meme is the best in this regard, but unfortunately, they all have a large market value. For example, $pepe $wif $brett etc. are all good, but those who promote them must come up with very powerful slogans such as 10 billion or even 100 billion.
This kind of coin has the most "people who believe in and promote it", and the chips are fully circulated. It's nothing more than pvp among everyone. It can be considered overall, but due to its large market value, perhaps some new ones with smaller market value can be considered.
It is worth mentioning: inscriptions and runes. I personally lost a lot of money on runes, so I feel that this sector is seriously divided. The number of "people who believe in and promote it" is not as good as the big Meme above, and there is a serious lack of support for each other, so I personally may not consider it as the main consideration.
I think the new memes are mainly those on Binance, with good liquidity, $bome, $neiro, etc. From the narrative level, lowercase neiro is currently mainly available in uppercase and lowercase and on various chains. It is a bit uncertain, and there is no data whether foreigners play it. If it is like the inscription, the potential will be weaker, but it is worth continued observation.
2. Narrative and recommendation of the value coin track
There are actually two categories of coins here: new coins and old coins. There are actually no new coins that are particularly worth recommending. After careful study, I found that the chip release is too great, so I have given up all the new coins for the time being. If you have any special recommendations, you are welcome to comment.
Old coins refer to those with better circulation and new flowers on old trees. Here I have a few options.
Write it in reverse order according to the attention level - because the lower the attention level, the more likely there is an information gap.
1. DeFi Satoshi’s $FTM
Not many people are paying attention to this coin, but it has been performing relatively strongly in secret.
The chips are fully circulated and are currently undergoing a new upgrade, fully compatible with EVM. All rewards are for developers. There are several highlights that are likely to gain more hype at the narrative level:
DeFi Satoshi
Many people may not know who AC is in the FTM team. Simply put, he led DeFi and is known as DeFi Satoshi Nakamoto. This is enough for newcomers to know.
There are shill people like SBF in the current round of the crypto . Although AC will be much more cautious in his comeback this time (which is a good thing), it will generally have a very eye-catching effect - other projects will not find such a powerful and topical person.
Beyond Parallel EVM
Parallel EVM is a track that has already started and is waiting for further hype. Recently, there is a coin called sei with a market value of 3.3 billion. It has been pulled up very happily and is the pioneer of the parallel EVM narrative. There is also a monad that is expected to be worth tens of billions of dollars. In the high-performance public chain, sui has a market value of 13.8 billion, SOL has a market value of 66 billion, etc., which are all in the same track.
Judging from the performance of the test network and other situations, FTM may become the fastest EVM-compatible public chain.
From this perspective, whether it is monad, which has not issued coins yet, sei, which has issued coins, sui, which is being pushed up every day, or SOL, which has already reached 70 billion, in comparison, the 2 billion ftm has a very good price-performance ratio and can naturally reap the dividends of large-cap public chains. The more SOL, sui, and monad are pushed up, the faster this project is, the smaller its market value is, and the more top-level gods are shill, the more energy it consumes. If some more projects or memes emerge on it, it is estimated that it will take off.
*Relatively small risk*
When there was no new narrative and the market was at its worst, the bottom of this coin was around 0.3, so the current price is 0.6, with an extreme downside of 50%. Compared with strk, arb, and zk, which have market capitalizations of hundreds of billions and are released every day, the difference is quite obvious.
*A bit like 10u's SOL at the time*
I saw a bit of SOL's turnaround in adversity in it - at that time SOL was around 10u and was a little bit like today's FTM. There were also few people paying attention to it, but the team was still actively building it, and then suddenly it took off.
At present, the project's mainnet is about to be launched, and the distribution of chips is relatively good. The Official Twitter and offline activities, developers, and hair-raising are very lively. I have been paying attention to the coin since 0.45, and it has been relatively strong and slowly rising.
2. Lending King AAVE
This agreement is very old, and the chips have been fully released. It is engaged in the lending business. Even in the worst bear market, the annual income is tens of millions of dollars.
In the past, AAVE tokens were mainly used to release protocol incentives, so there has always been selling pressure. Now the release is almost completed, and the next step is to distribute fee dividends.
How many protocols in the crypto have stood the test of time, can continue to pay dividends to users, and are likely to get better and better? I can't name many.
DeFI is one of the few things in the crypto that has been proven to have long-term value. In fact, this is also the reason why I noticed the FTM project. The name of Satoshi Nakamoto of DeFI is too famous.
In addition to dividends, AAVE has several other points worth noting:
For example, Trump’s new DeFi project is based on AAVE as the underlying infrastructure, and what BlackRock is going to do in the future will basically revolve around the eth chain and AAVE.
There is a big event on base right now, cbBTC. Coinbase has tens of billions of dollars of BTC to be put on the chain. The biggest possibility of putting it on the chain is to pledge and borrow USDT to leverage cryptocurrency trading. Now AAVE's TVL may grow 10 times or even more. If everything goes well, the valuation may also increase 10 times.
I used to wonder if everyone would come up with their own lending protocol, but later I found that the possibility was getting smaller and smaller, because lending involves the security of funds, which is actually a dirty and tiring job. The profit comes from interest commissions, but once there is a risk, it will be a disaster. Therefore, mature protocols and mature teams like AAVE may be the first choice.
Therefore, the lower limit of AAVE is a stable protocol with full circulation of chips and dividends, similar to a company with a valuation of 2 billion, which can earn tens of millions of dollars a day and distribute it to coin holders. This lower limit is already relatively clear.
3. ETH
You may think this is worth writing about? I think it is worth writing about. Although ETH has various problems and everyone is mocking it, it is still the best and most valuable currency.
What does Vitalik love affair matter? I hope he can have more love affairs, gain more experience, and find his true love. As for the current high fud, I think this is actually a good time to buy - it does not mean that it will not fall again, but it is a relatively good time.
For example, when I saw a perpetual contract exchange being shill by MC, I thought, what if a contract exchange is set up on the SOL chain and a large order is placed and it crashes and crashes? It would be very uncomfortable. ETH is still reliable and secure.
ETH is the second most important currency unless the crypto disappears - because every fud may be a blessing.
3. Others
It is really not easy to speculate in cryptocurrencies. Generally speaking, choosing value coins to hold for the long term is the best strategy. It is very easy to lose everything by speculating over and over again.
In addition, despite a 50% interest rate cut, the U.S. stock market has risen the most - stocks with a market value of trillions of dollars have continued to soar. This really gave me an inspiration that you should not think that the price is too high or too low, as you can never estimate the madness and greed of human nature.
Hold on to the high-quality chips and do not move. With interest rate cuts and money supply expansion in the next two years, good days are not far away. Everyone holding high-quality chips can expect an average return of 5-10 times in two years.
