Bitcoin broke through the $66,000 mark again yesterday, just one step away from the historical high of $73,000. Tom Lee, a well-known bull on Wall Street and former chief stock strategist at JPMorgan Chase, predicts that the price of Bitcoin will quickly reach the $73,000 long-term trend line and usher in a new round of bull market, with the potential to reach $100,000 by the end of 2024. More information Crypto Dumplings
So when BTC stabilizes at $66,000 and starts to climb to $70,000, what do you think will happen?
1. Whales holding stablecoins will start to worry about missing the pump, and in addition to the BTC they always hold, they will also start to allocate ETH, BNB, SOL and other large-cap blue-chip Altcoins. SOL and BNB have the opportunity to outperform BTC in terms of gains (ETH may be a bit difficult).
2. Large-cap meme coins will see a general upward trend, and the gains will exceed other value coin sectors. Especially those that have already been listed on Binance, after all, Binance is still the place with the most abundant market liquidity at the moment. New generation meme powerhouses like $PEPE and $WIF will try to break through the blood pressure suppression and increase their market cap.
3. Strong Altcoins in the Altcoin sector will seize the opportunity to release positive news and actively pull up the price to compete for liquidity, especially those with a good fundamental but were oversold in the previous Altcoin bear market, such as $ENA and $Pendle.
The AI sector may continue to be hot along with the AI concept in the US stock market, and it may become the most eye-catching sector besides meme. But the opportunity for Altcoins to see a large-scale rally has not yet arrived, and it may not happen until BTC breaks through its previous high and funds start to flow out of BTC to Altcoins in search of higher returns. But at least there is hope in the future.
Deploying 3 cryptocurrencies, this bull market is expected to rise 100 times!
1. PEPE
PEPE is a deflationary Token created based on the popular "Pepe the Frog" meme. As it continues to be burned, its scarcity and uniqueness are constantly increasing. In 2023, PEPE's market cap has soared to a staggering $1.6 billion. Forecasts show that by 2025, the average price of PEPE is expected to reach $0.0000365, and it may even surge to $0.0000413 at the highest. If the development team continues to push forward the Token burning plan, the appreciation potential of PEPE should not be underestimated!
2. BONK
Bonk, as the first dog-themed cryptocurrency on the Solana blockchain, has quickly emerged. Since its launch, this Token has shown a strong upward trend and achieved remarkable returns in the first quarter. Currently, the trading price of Bonk has increased by 10825% compared to the same period last year! The Token's trading price is above the 200-day simple moving average, and the relative strength index (RSI) has reached 60, indicating a strong bullish momentum, and the future prospects are promising!
3. TURBO
Turbo is the Pepe-related meme Token with the largest gains and the most market appeal on Binance. At the same time, it was listed when it was neglected, and you can think carefully about this point, and its introduction is AI+meme. This is a golden track product, this round of bull market is the meme Token cycle, and the AI cycle, Turbo is the natural crown prince. 1. The same frog image 2. The same color as Binance 3. The market's favorite concept MEME 4. It was launched when the market was cold 5. It has broken through the historical high and has no pressure 6. TURBO also has the hottest AI concept 7. And it is the first AI-generated Token, which has historical significance.
