Blockchain identifies users against Bots and AI - bringing real value in the virtual space full of fakes
Inflation is even worse than the 2020-2021 DeFi coins, the defi dev farm, user farm, farm fund!
As for WLD, in general, most of the inflation currently comes from paying tokens to the Fund and Team - the inflation of users according to the unlocked token is actually not true!
Investing is betting, if I'm wrong, I'll be slow to receive money, and this is my personal opinion - if you think it's not right, don't follow it
Maybe you don't know that an onchain token is mostly bot-faked transactions to keep volume to make users fomo!
With Worldchain identifying this problem will be solved #Write2Win #btc
What are the good trends for the coin season that you should have?
1. RWA: $LINK , $ONDO $PENDLE, these are the stable, hard goods that attract high cash flow. In addition, if you like lowcap x big goods, you should learn about $CPOOL goods
2. AI + DePIN: $WLD, $TAO, $RENDER, $IO This trend has a pretty good AI building story => the ability to attract large cash flow from VC funds and strong users Nike has written an analysis article about this area, I quote it below the article for you to read more
3. L1: $AVAX , $NEAR, $SOL, $SUI, $TON, ,... L1 has quite a lot of good goods, I will only mention a few that I know. L1 is just any strong build, big support, technology trend, that's all.
4. L2: $STRK, $OP, $ARB, $ZK, this super quartet, almost everyone knows. In this group, I'm the most active.
To answer which coin is good, there are countless guys!
In this market, coins are springing up like mushrooms, the list above is the ones I researched and collected, so this is just my personal opinion for your reference.
If you guys have any good coins, please comment below so I can learn more
Monthly and Q3 candles $BTC closed around $63,000 and were still green candles, but the crowd sentiment continued to reverse to negative!
It is normal for prices to correct after an increase, so don't worry too much about short-term fluctuations when you are a holder.
What is uncertain is how the short-term price will fluctuate, so the easy way is to wait for the market to correct and place orders.
Most Altcoins are gradually moving out of the accumulation zone and when $BTC returns to the upward trajectory, Altcoins will run very strongly. In this cycle, make money in this cycle, don't miss it and wait for the next cycle because it will take a long time to happen.
Just the first morning of Up to the shore and got $BTC Ups already guys
Just kidding, but ignore the short-term fluctuations guys, money is still being pumped!
Yesterday, the FED chairman asked for another 0.5% interest rate cut in November ---> So it's certain that this year there will be 2 more cuts, total 0.5%, fun is 0.75%. As long as the economic data is not too bad, the general financial market will be pushed up again
Well, try to stay healthy, I know there are many holidays at the end of the year, but try to save a little, ladies, don't rush Ny to ask for gifts on October 20, Christmas, Western New Year, Lunar New Year, etc., ... so that next year we can give gifts 2 or 3 times more
So we have ended September with#Bitcoinup +7.35%, the month with the best performance ever.
September started with BTC correcting down about 10%, but in the last 2 weeks, the market became more optimistic thanks to the surprise move from the FED to cut interest rates by 0.5% and China implementing large-scale money injections and interest rate cuts.
Overall, September 2024 is a positive month for Bitcoin, with high expectations for the following months. Historically, since 2013, the price of $BTC has increased on average +22.90% in October and +46.81% in November.
$BTC It's almost time to close the monthly candle, so the monthly candle should know how to run the price too!
The market always knows how to create doubts for investors, when if the monthly candle closes at the 65k$ area, it will be quite nice for the next month, but BTC says no?
If we are long-term Holders, the adjustment in the big wave of increase is also very comfortable, if there is USDT, it is an opportunity to accumulate more cheap coins.
Of course, BTC red, no one is happy to see the account, but that is the law of the market, that is the game.. Looking at the past, we only see increases, but to achieve the glory of success, we have to go through many red days, and days when the market goes down.
How many k$ do you guys think BTC will be in this correction wave?
Uptober has started off beautifully, guys. Looking at some of the coins on the watchlist, only #SUI is green!
The beginning of the month is red, so it will probably be green by the end of the month. Just be sure... I often share this section, each red beat is an opportunity for you to buy more cheap coins, so just relax. The account decrease is just a number to look at because you haven't sold anything yet.
The market always gives you many opportunities, so just relax and accept it! Only the long run will tell if the horse is good, if you haven't sold yet, you won't lose or make a profit. #Write2Win #btc
- Medium Term: #BTC #BTC ay the uptrend in the range of 62-65K to push Altcoin to increase by an average of x2-x3 compared to its August-September bottom. ✅
- Long Term: The buyers need more momentum to reach 68-69K and surpass this mark. ✅
Along with that is the Timing right next to the rising wave plus catching many small waves bouncing from around 62500. ✅
And the most recent is the downtrend wave from around 66K to 60k5-62k5 is still running ✅
If a new reader reads the September plan, they will probably see nothing wrong, it is perfect from #BTC to Altcoin, Timing, optimizing short waves.
Although I wrote very detailed about the price zone and the running wave like that, I was only able to control 70-80% of the wave last month, which is already very satisfying for me.
In August, I also predicted that there would be a wave that increased x2 from the bottom of August, in September I also predicted that there would be a wave that increased x2-x3 but these 2 months are different, these 2 waves are different.
Compared to August, I have seen that the increase in September is sustainable and can maintain the increase for a long time, unlike August when it only increased suddenly and then decreased sharply to the bottom.
So for now, I still encourage those of you who have good entries in September to hold on to the profit until #BTC is below #BTC , then we will have to reconsider.
ANALYSIS OF THE TOKEN INFLAMMATION RATE OF THE $WLD PROJECT
I used to like the $WLD project quite a bit, but after doing in-depth research on the project's products and tokenomics, I decided to sell everything. After that, I also warned my friends to be careful with this project because the token inflation rate was too terrible.
When receiving a lot of criticism from the community, the project made a post to change the tokenomics to extend the token payment time. However, this action still could not appease the community because the quality of the monthly token inflation was still very high.
I will update the token inflation rate $WLD like a flood so that everyone can refer to it and make their own decisions.
The average number of tokens unlocked daily: 5.32 million WLD (equivalent to 1.09% of the circulating supply).
Estimated value: ~$10.69 million
In 7 days (09/30/2024 → 10/07/2024):
Tokens unlocked: 37.23 million WLD (equivalent to 7.65% of circulating supply).
That's why I said that you should only sell TRADE, HOLD is optimal at this stage and can easily lose everything.
It's easy to become a waste of effort after the past few months of losses.
At this point, HOLD just sits still, and there will be great results soon.
The first half of next month is a great opportunity for DCA brothers to add HOLD.
Take advantage because the time and opportunity to buy cheap coins in this cycle is almost over.
Will Q4/2024 explode with the appearance of a series of big projects?
With EigenLayer being listed on the full exchange, on the Binance Seed tag & especially projects under Narrative LRT and Restaking have started running prices in advance such as $ENA, $PENDLE, $ETHFI
=> Expect Restaking to open the Uptrend 2024
Many projects have postponed the TGE to Q4 => Timing cash flow and liquidity in Q4/2024
Some other prominent projects are waiting for: - Initia (Layer 1) - Hyperlane (Interoperability) - Milkyway (LSD)
Bitcoin's price has followed the M2 money supply growth changes from major central banks.
From 2011 -> 2020, Bitcoin saw strong price increases during periods of strong M2 expansion, benefiting from inflation fears and increased liquidity.
While 2022 saw a contraction in M2 growth, 2024 shows early signs of a reversal as central banks ease monetary policy to counter economic uncertainty.
Since Bitcoin and Ethereum are positively correlated, a resurgence in Bitcoin's price amid increased global liquidity could also help lift the price $ETH
Brothers, are you still holding $ALT or have you switched to another coin?
With this type of chart, it is likely that most holders are discouraged, and the rest have probably swapped to another project.
I think the strong sell-offs that have created frustration for Holders are probably over, from now until the strong uptrend, the chart will follow the up to up trend.
A common point between $ID and $ALT is that they have both listed Upbit => $ID previously had a pretty good ROI of more than x10 from the bottom of the accumulation zone. Expect $ALT to have an ROI of around x5-10
Looking at the chart, it has increased more than x2 from the bottom, but looking at the large frame, it is still a boring bottom, brothers.
-According to Liquidation Heatmap, the most liquid area is currently at 67Kxxx.
-Orders with volume of 1M-10M are showing signs of cooling down in the past week while orders with volume lower than 100K-1M continue to show positive signals.
-BTC H4 frame is forming a very strong resistance around 66K, RSI is currently starting to show signs of divergence, decreasing volume signals the weakening of the uptrend.
-OI has returned to sideways level, short trades have been liquidated or longs have taken profits, BTC is unlikely to run strongly in this period.
Conclusion:
Expect $BTC to adjust around 64Kxxx then jump up to take the bar area around 67Kxxx.
I still have many beautiful memories of memes, especially doge, ordi, sats.
I also transferred a part of doge to pepe recently, logic with the brc20 and runes group also considers it as a meme and only trusts the goods that are not controlled by the founder team.
In my opinion, meme devs don't earn much so they can't cash it. If a meme dev can cash it to the point that it affects the trend, then it's a scam and not a real meme.
UPDATE #BTC Currently -After the non-stop increase in the past few days, BTC is currently slowing down, in my opinion, it is just a temporary correction
- After 2 successful tests on EMA 34, h4 frame, we can expect another such event to occur #BTCtrading strategy: long limit around entry: 64K3 SL: 62K BTC is around 64k3, you can move long at #altcoin to eat the recovery wave. Wish you all successful trading
What does $TON have that Grayscale fund added to the investment list?
$TON - is currently a hot topic when there are many hot projects on telegram
Previously, there was FUD about Pavel Durov - CEO of Telegram being arrested in France. Immediately after the news, the price of TON token was immediately adjusted.
Although there was FUD, I still see that compared to projects that were previously evaluated as high-end such as Starknet, Zksync,.., up to now, $TON has not decreased significantly => The chart is quite strong.
A few reasons why I think you should have $TON in your investment list:
- $TON has a story of attracting users based on the Web2 Telegram application
- Telegram currently has more than 900 million active users per day on the platform and is currently in the Top 7 Messaging Apps.
- With such a large number of users + allowing developers to integrate applications. A series of TON network mini games emerged after the NOTCOIN rally such as Dogs coin, Hamster kombat.
=> Attracting a new number of investors to the market, specifically $TON
That could be the reason why TON's large mini game projects are mostly listed on all exchanges.
=> Many users on Telegram when doing airdrops will receive tokens from there to find a way to create a CEX account to sell tokens and participate in the market.
- $TON's development strategy is still on track
Expect this one to pump as big as $SUI $TAO, so you guys should consider getting on board!
If you have an investment fund, you guys can rest assured to buy
We had a good start of 2023 with a lot of bad news like FTX crashing in November 2022,
There will be waves at the end of 2023, but there will be news before that.
US is under arrest,#CZis accused and faces jail.
The common characteristic of waves is that they come at times when people least expect it.
In the past 6 months, the market has taught us to take profits and not to force it, even if it's an #uptrend, most altcoins have dropped by over 70%, making even the most dreamy people doubt that there will be no xx deals like in previous seasons, the market is different now, etc.