The current market is in an extremely tug-of-war stage, with limited upward and downward fluctuations, and the short-term trend is slightly sticky. This situation may be related to the fact that the emotions brought about by the election have not yet completely dissipated, and before the actual power transition, the market is mainly driven by internal funds, so the upward space is relatively limited.
In the future, if a sustained upward trend is to appear, several key conditions need to be met. First, the key figures for next year will officially take office and introduce policies that are favorable to the crypto industry; secondly, interest rates will be cut to the neutral interest rate range (3% to 3.5%), releasing a large amount of liquidity. With the push of these two factors, external funds may pour into the market on a large scale, and the price may then break through the six-digit level, even reaching the level of $150,000. However, in the short term, a sustained rise in the market is not healthy, and a moderate correction may actually help the market develop further.
At the current stage, the new MEME coins at the top are still the focus of attention. The market's capital and enthusiasm are concentrated on the leading coins in the hot sectors, while the mid-level coins may perform relatively flat due to lack of sufficient liquidity and attention. This is similar to the trend of the US stock market - the hotspots and capital are highly concentrated, forming a clear 80/20 division. Therefore, deploying the top coins and emerging projects may be a better strategy under the current situation, rather than dispersing attention to the mid-level coins.
3 popular MEME coins that are about to soar in this bull run!
NEIRO
Will NEIRO break new highs again this month? From the current trend, NEIRO has shown a step-by-step downward trend after breaking the peak, which seems to be preparing for the next breakthrough. This adjustment may be due to the market being "too heavy", and it needs to accumulate at low levels to gain new upward momentum.
NEIRO's "fast rise and slow decline" characteristic is particularly eye-catching. The rapid rise demonstrates its strong performance driven by positive news and the explosive power of market sentiment, while the slow correction reflects its strong anti-risk ability and stable market confidence. This unique trend not only solidified investors' earnings expectations, but also led the market to imagine more about the depth of the capital layout behind it.
Experienced investors often see "fast rise and slow decline" as a positive signal, believing that this trend often implies the involvement and careful layout of main capital. Under the joint action of political factors, market sentiment, and potential positive news, NEIRO may usher in the next round of strong rise.
PNUT
A squirrel named Peanut became popular on social media due to its interesting dynamics, and its owner's sharing of life snippets attracted a large number of fans. However, due to "illegal feeding", Peanut was taken away by the relevant authorities and ultimately euthanized. The incident quickly sparked public outrage, and many people were deeply saddened by Peanut's fate. Prominent public figures, including Musk, also expressed their support, criticizing the authorities' excessive handling of the matter. Peanut's incident was even widely discussed during Trump's election victory, becoming one of the symbolic events for criticizing the efficiency and decision-making of the current government.
It is worth noting that Peanut has also caused quite a stir in the crypto world. Musk's support for Peanut's tweets has inadvertently ignited the craze surrounding the related MEME coin PNUT. Especially after Binance announced the listing of PNUT, this coin quickly became the focus of the market. Reviewing the bull market effect driven by DOGE in 2021, it is not difficult to see that PNUT is replicating a similar wealth creation myth.
In the successful formula of the crypto world, the endorsement of big shots and the push of capital are indispensable. Now, PNUT not only has Musk's public support, but has also attracted a large amount of capital inflow. Compared to DOGE's history of soaring from a $10 billion market cap to over $100 billion, PNUT's current market cap of only about $1 billion undoubtedly hides huge imagination space. For investors, this may be the beginning of a new "wealth creation effect".
SHIB
The Shiba Inu coin (SHIB) has experienced a legendary increase of thousands of times, but its current value has dropped to $0.000025, which has led many people to start thinking: Is it possible for it to rise again to $0.5? This is a thought-provoking question, especially for investors who are focused on the potential of the Shiba Inu coin.
A highlight of the Shiba Inu coin recently is the sharp increase in the burn rate, which has reached 3700%, causing SHIB to regain widespread market attention. In addition, the SHIB development team has also announced plans to build a "crypto valley" project in the United States, which may trigger more attention to SHIB and attract a new round of investment. If this project can be successfully implemented, the price of SHIB may rise as a result.
For investors, it is crucial to pay attention to whether the burn rate can be maintained at a relatively high level, and whether SHIB will launch new projects or application scenarios. In addition, the overall sentiment in the crypto market will also affect the price trend of SHIB. If the burn rate can be maintained at a high level, and new projects can attract enough attention and investment, the price of SHIB may gradually rise. However, it should be noted that although the market has upside potential, the goal of reaching $0.5 still faces many uncertainties, so the risks need to be carefully evaluated.
