Regarding the second-tier sector, we can sort out and summarize it from the following dimensions:
First of all, the L2 chain coins are mentioned, including STRK, ARB, OP and Matic. These chain coins have a significant status and role in the second-layer network.
Secondly, in terms of L2 vertical chain, we noticed the existence of projects such as IMX and METIS. These vertical chain projects have in-depth applications and layouts in specific fields or scenarios.
Furthermore, at the L2 application level, projects such as GMX, MAGIC, and RDN of the Arb series, SNX, VELOZ of the Op series, and IMX, MINA, CELR, and LRC of the K series all demonstrate strong application potential and ecological vitality.
In addition, the pledge sector is also an important part of the second-tier sector, including LDO, SSV, FXS, FIS and other projects. These projects provide strong support for the stable operation and ecological development of the second-tier network through the pledge mechanism.
Currently, the performance of the Ethereum market has a significant impact on L2-related sectors. When the Ethereum market pulls up, L2-related sectors often show a chain reaction. Among them, SSV and MINA have been trading sideways for a long time, and the market generally believes that they are about to have an opportunity to take off. For investors, paying attention to these currencies and holding them patiently for a period of time may be a good choice.
To sum up, the second-tier sector occupies an important position in the cryptocurrency market and has broad development prospects and investment potential. While investors are paying attention to the Ethereum market, they should also pay attention to the development of related projects such as L2 chain coins, vertical chains, applications, and pledge sectors.
The artificial intelligence cryptocurrency with the highest market capitalization is Bittensor (TAO), with a market capitalization of $3.85 billion as of February 29, 2024.
Next is Render (RNDR) with a market capitalization of $3.03 billion. Fetch.ai (FET) ranks third with a market size of $1.41 billion.
Bittensor remains undisputed in first place Bittensor, a decentralized machine learning protocol powered by the TAO token, remained the largest artificial intelligence cryptocurrency during January and February 2024. As of February 29, 2024, its market capitalization was $3.85 billion. Its market cap is $820 million higher than Render's ($3.03 billion).
In the first two months of this year, there were no changes in the ranking of the top five artificial intelligence cryptocurrencies. However, outside the top 5, significant changes have also occurred. Autonolas (OLAS), which started 2024 ranked sixth with a market capitalization of $300 million, fell to ninth place on February 29 with a market capitalization of $300 million. Although its market capitalization increased by $4.07 million, it was still surpassed by other artificial intelligence coins.
Nosana (NOS) has the largest improvement in ranking, ranking ninth at the beginning of 2024 and seventh at the end of February. Its market capitalization climbed from US$50 million to US$510 million, an increase of US$460 million.
Which AI cryptocurrencies are seeing the biggest gains? The largest increase among crypto AI coins in 2024 is Nosana, with a price increase of 987.9%, rising from US$0.56 to US$6.01 in two months. Followed by DeepFakeAI (FAKEAI), which increased by 628.6%, from $0.0008 to $0.0069.
Synesis One (SNS) ranks third, up 595.4%, with its price rising from $0.016 at the beginning of the year to $0.108 at the end of February. Overall, however, the AI cryptocurrency gained an average of 257.2% between January 1 and February 29, 2024.
In terms of market capitalization growth, Bittensor leads the way, with a valuation increase of $2.22 billion. This was followed by Render, which increased by $1.2 billion. SingularityNET(AGIX) Ranked third, its market capitalization has increased by $510 million since the beginning of 2024 to $930 million.
Although Nosana was the company with the largest price increase, its market capitalization increased by only $450 million, ranking fifth, behind Akash Network’s $510 million. #内容挖矿
Why this Bitcoin bull run could be the biggest ever? Logical analysis! This Bitcoin bull market may be the largest in history. Why? Let's look at the logic together: Compliance and legalization: The U.S. government approved Bitcoin ETF for the first time, and the Hong Kong market was fully liberalized, providing compliance channels for top investment banks and solving policy and legal issues. The rise of new tracks: New tracks such as Inscription appeared and began to be widely accepted. The bull market will bring about hundreds of billions of US dollars in asset creation and a large number of incremental users, and the Bitcoin ecosystem will exceed 100 billion US dollars. ETF compliance fund inflows: The successive approval of ETFs such as Ethernet will bring hundreds of billions of dollars of compliant funds into the market, driving the rise of Bitcoin, Ether, etc., and the overflow value will allow new concepts recognized by the public to experience greater increases. Psychological implication of halving: Bitcoin halving has little actual impact on the market, but for those who do not understand the whole industry, it is a psychological implication that a bull market is coming, further forming a group consensus. The return of the U.S. dollar: The U.S. dollar brought about by the Federal Reserve's interest rate cut returned to popular asset sectors, accelerating the prosperity of the cryptocurrency market. Improved Web3 infrastructure: The improvement of mobile infrastructure has lowered the threshold for users to enter the industry and improved the efficiency and attractiveness of the market. The new generation of native group: The new generation of young people have become the native group of the Inscription era. They came into contact with Inscription when they were in college and made money in it, bringing unlimited vitality to the track. Exchange card slots: Exchanges such as Binance and OK provide the industry with more traffic and liquidity, promoting the vigorous development of the market. All things considered, this year’s Bitcoin bull run may be the largest in history. In this context, every dip during a bull market is a good time to pick up cheap chips. If you hold it until about 2025, there is a high probability that a miracle will happen. #rune #FLOKİ #Santos #dexe $RUNE $SANTOS $FLOKI
How to make 1 million with 3,000 yuan in the currency circle
There are two methods. The first is to use high leverage. For example, when the pie is bought for 35,000 and it rises to 65,000, this often leads to a narrow escape. The second one to grab a 100x coin, there are 100x coins every year. The one with the highest increase this year should be Ordi, with an increase of 2500 times. Based on my many years of investment experience, I share the framework for selecting 100x coins: 1. The circulation market value and total market value should be low. The total market value of the public chain should be less than 50 million, dapp protocol It is best to be below 5 million. It is easy to understand that the circulating market value should be low. If the market value is not low, the space will not be large enough. The lower the better. Why the total market value must be low? That is because the tokens will be slowly released in the next 1-2 years. For coins, if the total market value is not low, it means that the project side can make a fortune without pulling the market and shipping sideways. In other words, if it falls 10 times, the price and profit will still be very high.
Seize 4 potential coins with pullback opportunities in the bull market!
Small capital doubling strategy for this bull market:
1. Stop dreaming of 50x, 100x or 200x. The logic of the bull market is different every time, and 10-50 times is enough.
2. Pay attention to hot tracks: L2, XAI social, gamefi, BRC20 ecology and L2 leaders.
3. Stabilize your mentality and don't be shaken by short-term fluctuations. Long-term vision is the key to success.
4. Seize the opportunity of mid-term adjustment in the bull market. Flexibly respond to market changes, and if it is difficult to accurately position, you can temporarily ignore it.
5. You need to be cautious when cashing out at the top of the long market and plan profits reasonably. Ensure maximum profits and reduce risks.