Next round of altcoin market positioning and bullish insights
$ONDO will lead the narrative in the RWA sector for the next bull run. ONDO has partnered with BlackRock for a year, focusing on U.S. Treasury bonds and tokenizing stocks. A lot has happened in the past month, with domestic institutions cracking down on firms like Tiger, ChangQiao, and Futu, which indirectly benefits ONDO. Additionally, the recent listing of U.S. stocks on Binance utilizes ONDO's underlying protocol, marking a significant transformation in the crypto space. This is why I'm bullish on ONDO; I'm looking to accumulate at the 55k support level for Bitcoin.
$ASTER The DEX sector, which was just launched last year, is currently a chain-based contract trading platform with only CZ calling it out for buys. The trading volume on chain platforms doesn't even rank in the top 5, but the token distribution has almost been fully acquired. Currently, the top 100 addresses hold 96% of the supply, indicating a concentrated chip position. In a bull market, project teams will deliberately pump their tokens, leaving plenty of room for upside. Dollar-cost averaging in at lower prices is the strategy here.
$TAO The downward trend of the Nasdaq signifies the bursting of the AI bubble. The Nasdaq encompasses both the AI sector and tech stocks, and the market will gradually digest the fallout from the AI bubble. In the future, the AI sector will still be rediscovered for its value and continue to see speculative trading. Therefore, TAO’s recent weakness is merely a reflection of the broader market's AI bubble collapse. Over the long term, as the market digests these impacts, the AI sector is likely to rebound first. Notably, TAO also has expectations of launching an ETF in August! I'm looking to accumulate in the 170-190 range.
All of these are assets with long-term value, often driven by narratives and backgrounds for speculation! Key focus on TAO and ONDO.
Other potential buys: BNB, XLM, WLD, XRP, HYPE, SOL.
#ADA跌至0.16美元创六年新低 #S&P doesn't modify selection rules for SpaceX.