What is the next trend in the cryptocurrency market?

[quangviet94]

Can you suggest midcap coins? keep track of it on the floor?

Follow it on the exchange, not on the floor haha. New coins are often available at mexc, hotbit, remember to check your investment fund carefully.. these coins are good on binance or some big exchanges.

 

[quangviet94]

Can you suggest midcap coins? keep track of it on the floor?

I do not indicate which coins to invest in but I will help people with knowledge to make their own decisions.

 

[quangviet94]

I'm in stage 4 right now, right? The next trend is still down, will you bounce back?

Btc is recovering but maybe 31k 32k is resistance, money has not been poured into the market yet so I think I can't push the price too high, if the macro economy doesn't recover strongly, it won't be able to uptrend .

 

[nonstopspider]

Today 30/06 is a good day for LTC besides of the dip of BTC.

 

[quangviet94]

Today 30/06 is a good day for LTC besides of the dip of BTC.

The market is always unpredictable like that, and it could be the final price surge of LTC.

 

[nonstopspider]

The market is always unpredictable like that, and it could be the final price surge of LTC.

I cannot complain about LTC, well yes, for not buying more before

 

[quangviet94]

I disagree with the author's viewpoint on memecoins. Memecoins are just a temporary trend and lack real substance. Investing in memecoins carries significant risks and is not recommended. Focus should be on projects with solid foundations and genuine potential in the cryptocurrency field.

I understand your perspective, it is true that we do not invest in memecoins because they are too risky. However, if you know how to manage risk, you can still profit. As I always tell people, investing in it with an amount equivalent to buying a lottery ticket, without being too greedy.

 

[nonstopspider]

I understand your perspective, it is true that we do not invest in memecoins because they are too risky. However, if you know how to manage risk, you can still profit. As I always tell people, investing in it with an amount equivalent to buying a lottery ticket, without being too greedy.

Carries significant risk obviously, but if they have a strong community that risk lowers hugely

 

[cryptobrain]

It was very informative. Thanks so much for the information bro!

 

[Maxicreed]

Your write up is quite insightful and i feel you could be right about the elongated meme coin season because it seems we are already looking at another phase of their season as we begin to see version 2.0 of some the major meme coin. I took my chances with Pepe 2.0 on BItget and i guess it paid out well but on a personal note, i feel we should expect exchange tokens to be the next trending tokens in the market cos apart from $BGB and OKB that made some impressive run recently: others have been hibernating.

 

[quangviet94]

I believe that focusing on memecoins is a good idea. Memecoins can create opportunities for quick profits in the current market. Despite the risks involved, if risk management and realistic target setting are employed, significant profits can be achieved.

Yes, there are people who often pay attention to the risk but not the terrible profit from it. Because they don't understand and don't know how to start

 

[kalxc9385]

The Macro Money Flow Law in the cryptocurrency field typically goes through the following stages:

Stage 1: Money flows primarily into the first cryptocurrency, Bitcoin (BTC). Media coverage highlights the price increase of Bitcoin, creating attention and attracting new participants to the market, thus generating new money flow.

Stage 2: When the price of Bitcoin rises significantly and reaches a considerable high level, a portion of the money flow shifts to major altcoins such as Ethereum (ETH), Binance Smart Chain (BNB), Avalanche (AVAX), Cardano (ADA), Polkadot (DOT), Solana (SOL), Tron (TRX), Cosmos (ATOM), Polygon (MATIC), and others. These are usually high-cap coins recognized in the market. In the crypto market, money flow into a specific ecosystem often goes through these platform coins.

Stage 3: Smart money gradually moves towards mid-cap coins, typically those ranked from 50 to 100 in terms of market capitalization. Not all coins in this group experience price increases; only projects with solid foundations or positive upcoming news tend to see growth. Positive news may include the launch of new applications, attracting new investors/partners, collaborations with industry influencers, and more.

Stage 4: Money flow starts shifting towards low-cap coins. During this stage, many junk coins or meme coins may experience significant price surges, even multiplying their value by hundreds. This stage carries higher risks as rapid price increases can also lead to quick price declines. Therefore, caution is advised, and it is not recommended to allocate all assets into such coins, as significant risks and losses may occur.

Currently, BTC and altcoins have not escaped their downtrend. Pushing the prices of large-cap coins back up at this time is nearly impossible due to the following reasons:

1. It takes a long time for whales to accumulate holdings and manipulate the prices to sell when there are many investors holding these coins.
2. It requires a substantial amount of capital to drive the prices up due to the large number of tokens circulating in the market. Moreover, the challenging downtrend period has impacted major investment funds and exchanges, as evidenced by the collapse of FTX exchange and the struggles of Tier 1 investment fund Three Arrows Capital (3AC). Even in the current period, it is a difficult time for the economy with increasing inflation and continuous interest rate hikes by banks.

This is an opportunity for memecoins that have emerged in the market, experiencing rapid price surges in a short period. They do not require significant resources or human effort to create. The majority of tokens are held by their creators. This serves as motivation for Market Makers to create and drive up the value of these coins quickly before selling them on the market. It is indeed an opportunity, but it also carries risks if we do not invest properly in memecoins at this time.

From my personal perspective, I believe that the memecoin trend will continue at least until the end of the third quarter of this year. For newcomers in the market, it is crucial to exercise caution when dealing with memecoins because if you are not lucky, you may end up losing your entire investment in memecoins.

Fiat -> BTC -> Top Caps -> Mid caps -> Low caps -> Memecoins

This is only my personal experience, and I would greatly appreciate receiving insights and experiences from everyone!

This time btc really went and the day candle was engulfed, according to bro, in a few days, MeMe will fly to the roof

 

[quangviet94]

It was very informative. Thanks so much for the information bro!

Thanks for reading my article, those information are for reference only, the market is constantly changing and we never know what will happen.

 

[quangviet94]

Your write up is quite insightful and i feel you could be right about the elongated meme coin season because it seems we are already looking at another phase of their season as we begin to see version 2.0 of some the major meme coin. I took my chances with Pepe 2.0 on BItget and i guess it paid out well but on a personal note, i feel we should expect exchange tokens to be the next trending tokens in the market cos apart from $BGB and OKB that made some impressive run recently: others have been hibernating.

Exchange tokens are also investable. I don't invest all of my money in one coin. My portfolio has up to 30 potential projects

 

[Maxicreed]

Exchange tokens are also investable. I don't invest all of my money in one coin. My portfolio has up to 30 potential projects

Investing on one coin isn't a wise choice taking cognizance of price volatility and other associated risk peculiar to this emerging industry and that's why I also do not use a particular exchange in buying and trading these assets.

 

[ImamShaheb]

I agree with the author's viewpoint on exercising caution when investing in memecoins. With their volatile nature and high risks, newcomers to the market should carefully consider before investing in memecoins to avoid losing their entire investment.

Memecoins are good for those people who's pull out game is good enough 😑

 

[ImamShaheb]

I don't believe in the memecoin trend and consider it to be a temporary fad. Investing in memecoins may be a quick way to make money, but it can also lead to significant losses if one lacks the knowledge and investment skills required to assess the risks.

Well said! One shouldn't go for memecoins without having proper knowledge. Memecoins are super volatile & yeah there's a risk of getting rugged!

 

[ImamShaheb]

What are the potential risks one may face if they don't invest properly in memecoins?

Investment includes risk & when you're not investing, risk won't be involved. Compared with mid/high cap coins, memecoins are super risky 🙁.

 

[ImamShaheb]

Can you suggest midcap coins? keep track of it on the floor?

AI perspective token/coins- OCEAN, AGIX,FET...
Gamefi/Metaverse: AXS,MANA,GALA,SAND...


Sol/Matic/FTM are also worth considering.

 

[ananyabushra]

Right now, lots of memecoins are getting a lot of attention. Some of these memecoins are deceiving people and turning out to be scams, while others are making huge profits for investors. These memecoins are especially popular during bull markets, but even outside of such periods, they still attract a lot of interest. So, memecoins always seem to be part of the latest trends.

To protect yourself from falling victim to memecoin scams, it's a good idea to use reputable exchanges from different regions, like Bitget's Memezone. While it might not lead to massive 100x gains, you can still make some profit by avoiding scams. In fact, Pepe, for example, saw a 100x increase in value after being listed on such an exchange.