Think about how long it has been since you last heard any news about Ether.
More and more people are optimistic about Ethereum, and traffic owners are gradually spreading the good news about Ethereum. Good things are gradually focusing attention on it, and it’s almost there:
First point: ETF approval (funds entering)
Second point: Prague upgrade (technological innovation)
The third point: The birth of the second-level application based on the L2 phenomenon (application blossoming) The second half of the bull market is slowly opening, and the most exciting moment is about to come!
Justin Sun and Wu Jihan have made many big moves recently. When the price of Ethereum was between $2,900 and $3,100, Sun Yuchen bought $200 million of ETH and continued to increase his holdings. Wu Jihan, another giant in the crypto, was not far behind and bought more than 100,000 ETH. The actions of these giants indicate that the bull market is coming.
It is very likely that ETH will break through the previous high. The late bull market will be the time for Ethereum to shine. Just wait and see how time verifies this.
From a technical point of view, a larger central hub is usually formed after the breakthrough, which will end the downward trend. OP, ARB, STRK and other tokens have been sluggish for more than half a year, and it is time to cheer up.
If Ethereum-related tokens such as PENDLE, SSV, ETHFI, and ENA do not cooperate with this performance, it is time to consider clearing them out.
These targets can be bought at low prices, and we look forward to the explosion in May! At the same time, the explosion of Ethereum indicates that there will be a wave of market for altcoins!
Another reason is that meme coins have been gaining popularity recently. There are three main reasons behind this:
First, the way capital markets are harvesting is shifting, with capitalists preferring to harvest quickly.
Secondly, the capital investment has been greatly reduced, making memecoin a relatively low-cost, high-return investment option.
Finally, memecoin has attracted a large number of investors with its label of getting rich quickly. Since there is no need for a complex project team, it is easy to make a profit by doing a good job of marketing and forming a market consensus through crazy market manipulation.
However, the cycle is strong, so it is best to operate only twice a year. When you double your money, sell it quickly and leave the rest to luck.
Three meme coins with great potential in the near future:
pepe
Over the past week, the price of PEPE has increased by 20.42%, showing a significant upward trend. However, in the last month, the token has fallen by 11.17%. Looking back at the past six months, the price of PEPE has soared by a staggering 605.93%, which is impressive. Recently, PEPE's movement has become more active, driven by strong growth signals (such as the relative strength index reaching 67.81), showing that the interest in PEPE continues to increase.
However, the price of PEPE faces some challenges, with the nearest resistance at $0.00000723. If it can break through this point, the next test price will likely appear at $0.00000885. Support levels are located at $0.00000397 and $0.00000234. Although the recent trend is encouraging, the 10-day moving average is above the 100-day moving average, with a difference of $0.00000647, indicating an upward trend, it is necessary to pay close attention to price fluctuations. These indicators show strong momentum for PEPE, but the cryptocurrency market can change quickly, so it is necessary to pay close attention to the future development of PEPE.
Bonk
BONK has successfully rebounded and stood above the support level of $0.000014, while breaking through the key Fibonacci level. Currently, the main goal of market buyers is to push the price further to the resistance level of $0.000025. Although the price of Bonk has slightly pulled back, trading at $0.00002019 at the time of writing, and has fallen by more than 1.4% in the past 24 hours, the overall rebound trend is still obvious.
The rebound is likely to approach the descending resistance line, which is an important threshold to monitor. If the buyers break this hurdle, the BONK/USDT pair is likely to rise to the $0.000029 level and then to the $0.000042 level.
BOME (Book of Meme)
BOOK OF MEME is a permanent storage library for memes and a platform for meme creation. The new generation of MEME has the characteristics of strong market control and high market attention. For example, WIF has landed on exchanges such as Binance and Robinhood, gaining huge exposure; SLERF and BOME have absorbed a lot of funds in market fluctuations.
As artificial intelligence giants such as OpenAI continue to improve their functions and increase their market value, the market potential of Web3 AI projects will continue to expand. When new innovative narratives emerge in the Web3 AI field and are widely accepted by the market, this field is expected to explode again.
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