How to make money today and what opportunities are there?
Should we continue to hold or run first? Let’s analyze it!
First of all, we should look at the data on the chain. The data will not be falsified, and all traces of the dog farm can be seen clearly.
Yesterday to today:
1: Stablecoins continue to flow into exchanges, funds are still coming in, the trend has not changed, which is good news. 2: BTC continues to flow out of exchanges. From the day before yesterday to now, more than 20,000 BTC have flowed out of exchanges. This is good news!
We can see that BTC has pulled back, but many altcoins are not following the decline. Once a trend reverses and forms, it will not last only 24 hours.
The current trends are:
After 45 days of decline, various economic data show that inflation is falling, and BTC has started a new round of upward trend. In the face of the big trend, you must hold it for the long term. If you stare at short-term gains all day long, you will miss out on big profits.
4 Cryptocurrencies That Gained 100 Times in Value!
1.ARB
Arbitrum is a scaling solution for the Ethereum blockchain that aims to address Ethereum’s limitations in speed and transaction costs. Here is a detailed introduction to Arbitrum:
Layer 2 Solution: Arbitrum is an Ethereum Layer 2 (L2) solution, which means it runs on top of the Ethereum mainnet. This design leverages the security of Ethereum while enabling faster and cheaper transactions on Arbitrum.
Optimistic Rollups: Arbitrum leverages a technique called optimistic rollups to achieve scalability. Transactions are bundled together off-chain, processed on Arbitrum, and then submitted to the Ethereum mainnet for final settlement.
2.WIF
Dogwifhat (WIF) is a meme coin that has become a hot topic in the crypto space. The Solana blockchain, known for its speed and efficiency, is the backbone of Dogwifhat. Unlike other meme cryptocurrencies, WIF lacks unique utility and relies solely on its unique functionality. Despite this, it has gained popularity like established meme tokens such as SHIB or PEPE. With limited functionality outside of trading, WIF has mainly attracted attention as a trading token. Given the growth potential of Solana meme coins, traders are increasingly flocking to them.
Meme Coin Origin: Like Dogecoin and Shiba Inu, Dogwifhat’s mascot is a cute dog – a Shiba Inu wearing a pink knitted hat. It was launched in late 2023, taking advantage of the ongoing memecoin craze.
Community-centric and viral: WIF prides itself on its active and enthusiastic community. This strong social media presence and fun brand image have helped it win over investors looking for the lighter side of cryptocurrency.
Market Success: Dogwifhat has seen significant growth, most recently becoming the fourth largest memecoin by market cap, fueled by a community-driven Las Vegas Ball Show fundraiser.
3.SUI
Sui (SUI) is a newcomer in the blockchain space, aiming to be a fast, secure, and user-friendly digital asset platform. Here are the specifics of what Sui brings:
Layer 1 Blockchain: Unlike some cryptocurrencies that are built on top of existing blockchains, Sui is its own Layer 1 blockchain. This design provides Sui with greater flexibility and control over its functionality.
Focus on speed and scalability: Sui is designed for speed. It promises fast transaction processing times and the ability to handle large volumes of transactions efficiently.
Security First: Security is of paramount importance to Sui. It utilizes a novel consensus mechanism that is designed to be secure and resistant to attacks.
4. BABY
Pepe the Frog has entered the world of cryptocurrency with Pepe (PEPE), a meme token that capitalizes on the internet icon’s popularity. Here’s a breakdown of this meme-driven digital asset:
Riding the Meme Wave: PEPE joins the ranks of Dogecoin and Shiba Inu in capitalizing on the ease and viral nature of internet memes.
Built on Ethereum: PEPE is an ERC-20 token, which means it runs on the Ethereum blockchain, a popular platform for creating and deploying cryptocurrencies.
Total Supply: There are 420 trillion PEPE tokens in circulation, a number that may surprise some investors.
Burning Mechanism: To potentially offset the huge supply, PEPE implements a burning mechanism whereby a portion of tokens are destroyed over time, designed to increase scarcity and value.
No Transaction Fees: PEPE has a tax-free transaction policy, which may attract some investors seeking lower fees. However, this also reduces the potential revenue source for the future development of the project.
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