A quick overview of mainstream and popular cryptocurrencies (personal perspective) 👇
Platform Coins:
BNB remains the leader; OKB offers decent value; GT follows platform trends; CRO and LEO are generally ignored.
Mainstream & Established Coins:
BTC is a core holding; LTC is not as good as directly buying BTC; BCH is expected to reach new highs in this round; ADA moves in every bull market; TRX has consistently been strong; LINK is the oracle leader; UNI and AAVE remain core DeFi coins; XLM follows XRP.
Stablecoins:
USDT/USDC are mainstream; DAI is relatively the most stable; PAXG is equivalent to on-chain gold.
Memes:
DOGE is the leader; PEPE has the strongest consensus; FLOKI has market makers; WIF around 3 is a good entry point; BONK is nearing its end; NEIRO and TURBO are sentiment-driven.
Public Chains / L1:
SOL and BNB ecosystems remain intact; SUI's current target is too high; APT institutional cost is 2.5-3; AVAX and NEAR are old chains; most L1 chains are simply copy-pasted.
L2 (Next Main Theme):
ARB and OP are rotating upwards; ARB has a high valuation, OP started earlier; L2 chains are more likely to enter the top 20 in the future.
BTC Ecosystem:
STX is a strong player, moving in tandem with BTC rallies; ORDI is basically finished.
DeFi / DEX:
GMX, CRV, RUNE (leading companies in their respective sectors); DYDX is more suitable for swing trading; JOE is clearly controlled by large players.
GameFi / Metaverse:
IMX and ILV's performance depends on the industry; SAND and APE are relatively weak.
Personal Trading Summary: 70% allocation to BTC, platform tokens + L2 for rotation, cautious with public chains, only choosing leading companies in Memes. Bull and bear markets are for long-term analysis; short-term analysis only considers timeframes.
#CryptoMarketObservation