In the past week, PEPE has been soaring, constantly breaking historical records. From $0.000013, $0.000014, $0.000015, it has been rising all the way, and this morning it broke through the $0.000016 mark. As of the time of writing, the price of PEPE has reached $0.00001645, an astonishing increase of 7.8% in 24 hours!
How do you view the changes in industry development after the Ethereum ETF is approved?
1) Bitcoin ETF was approved as scheduled, but the market response was not as enthusiastic as expected. However, as the volatility of Bitcoin decreases, the market's ability to bear it gradually increases. The mysterious power of Wall Street has become the "savior" of Bitcoin's stability, injecting more confidence into the market! Because Bitcoin is relatively single in asset attributes and lacks complete ecological support, its secondary market expectations seem to be out of touch with the development of the primary market.
However, the approval of the Ethereum ETF is completely different. ETH deflation will directly affect the activity of the primary market. As the price of Ethereum increases, the advantage of low layer2 gas will become more prominent, indirectly promoting the development of the layer2 market. The reduction in the circulation of Ethereum will accelerate the involution of the Restaking and AVS interest-bearing tracks, thereby promoting value growth. Ethereum is in the hands of incremental funds and is used to invest in and support compliant top DeFi projects.
The value of Ethereum today is based on this huge primary market. On the contrary, the asset price and circulation of ETH itself will inject a steady stream of users, funds and talent resources into the industry ecosystem. This is the fundamental reason why Ethereum ETF has a relatively greater potential to promote the arrival of the "altcoin season"!
2) The so-called "copycat" coins here refer to some "mainstream coins" that have VC support and strong team strength, but have not been fully valued by the market before the Token is issued, and the price has not been effectively supported after the issuance. The passage of Ethereum ETF will attract mainstream funds to the huge ecosystem of Ethereum and promote the continuous growth of value coins. This move may break the long-term downturn of value coins that are inferior to MeMe coins. The copycat season is about to come, how should we plan?
1. Adjust strategies to adapt to market changes:
With the increase in professional secondary institutions and teams, as well as their strong funds and abundant resources, it is difficult to compete with them relying solely on individual strength. Therefore, focusing on high-quality coins, hot new tracks, and leaders will hopefully yield considerable returns in the future, provided that you make timely arrangements at the bottom and keep up with the market rhythm.
2. Seize the opportunities brought by incremental market funds:
In the current bull market, even some projects with low market capitalization have the potential to become dark horses as long as they gain consensus from large institutions and community users. As the amount of market funds increases significantly after the interest rate cut, these projects are expected to have good room for growth!
3. Study the bottom of the trend cycle:
The cyclical adjustments in the market will drive the price of coins to fall. Studying and grasping the bottom of the cycle can help us buy high-quality altcoins when the price is lower.
4. Pay attention to hot topics and new narratives:
Be the first to lay out the altcoin season! At this time of surging trends, those with unique vision will focus on popular currencies with full circulation, large market value potential, and hot trading volume, especially hot sectors such as AI intelligence, meme, and RWA. Every market decline contains huge investment opportunities, and it would be wise to lay out the bottom in batches. You may wish to adjust your investment strategy, seize the opportunities brought by incremental funds, deeply study the market cycle, and keep a close eye on hot sectors and emerging narratives with great potential. Avoid investing in low-quality projects. With these strategies, you will achieve a more generous return on investment in the altcoin season!
Well, we will share the information of this issue here for the time being, and we will see you next time! If you like it, you can follow us so you don’t get lost!
