Opinion: The correct way to play the current market is to make money with Meme first, and then invest the profits in "utility tokens"
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The current market is dominated by MEMES, but this is also a good opportunity to accumulate undervalued utility tokens.
Author: arndxt
Compiled by: TechFlow
Here are some suggestions.
Recently, MEMES have dominated the trading volume in the crypto market. If you hold utility tokens, don't expect them to rise quickly - it does require patience. Perhaps a better strategy is to first profit from MEMES, and then invest those earnings in utility tokens.
I also noticed that the market is full of hype and pump phenomena. A few days ago, I found that people have started digging up forgotten old MEMES, trying to revive them. In my opinion, this is a large-scale fear of missing out. When the market starts to slow down in the next few days, only quality MEMES will be able to maintain their value.
$PEPE
$WIF
$POPCAT
$NEIRO
I want to remind everyone to be careful about artificially hyped low-quality projects, so as not to get trapped. Although we have seen a clear rebound in AI tokens, most investors are still relatively cautious.
I believe our current market is dominated by MEMES, but this is also a good opportunity to accumulate undervalued utility tokens that may receive attention in the future.
$RSS3 is a very promising open information protocol that has become the top trending project on GitHub, especially the part related to @follow_app_.
$BANANA - My favorite yield-generating token, its value is severely underestimated compared to the income of $AAVE over the past 30 days. I think $BANANA has at least 100x growth potential. In addition, I am also very optimistic about $PENDLE, $EQB and $LYNX. $CELO - Vitalik has mentioned this project, and its activities are also increasing.
$ALEO - I am currently closely following the development of this project.
$FTM - The Sonic upgrade and its strong fiscal reserves will be an important selling point.
$APT - This token is attracting institutional investment, and tokens like $AVAX, $CHEX and $IXS are my favorites when discussing RWA and institutional investment.
$SOL - This is a chain that has withstood the test of time, can handle a large number of transactions, and is expected to be a strong investment this year.
$AZUR - Gamblefi will regain its glory, and the financing of @Polymarket may boost the market. Other tokens like $WINR, $RLB and $CROWN are also worth watching.
$W - The long-neglected token is gradually being accumulated, while $STRK and $ENA have also experienced a significant drop from their all-time highs.
$NEAR - This chain is constantly innovating and has a strong focus on the AI field. I also follow some other tokens like $ATH and $DEAI, and you can also keep an eye on $SPEC, $GURU and $TARS. 
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
