Some important information:
1.MicroStrategy spent approximately $101 million to acquire an additional 1,070 bitcoins.
2.According to Binance's announcement, the Solv Protocol MegaDrop event is now live. It is reported that Binance will list SOLV and open trading on January 17 at 18:00.
3.Last week, the supply of Ethereum stablecoins increased by $1.11 billion, while Solana increased by $202 million.
Bitcoin has been experiencing a slight increase over the past week, boosting everyone's confidence. Whether it is mainstream coins or altcoins, they are quietly rising. Have you seized the opportunity? I see many friends are still watching from the sidelines, resulting in missed opportunities. Should you chase in now? Investing carries risks; be cautious when entering the market. I wish everyone can make big profits!
BTC I personally predict it will fluctuate between 99,000 and 103,000. This is a period to solidify the foundation. If you don't have a position right now, don't rush to chase high; stay calm and buy on dips. Today's BTC technical analysis shows that on the 1-hour level it is down, on the 4-hour level it is up, on the 12-hour level it is up, and on the daily level it is up, with an intraday resistance at 104,000 and support at 100,000 dollars.
Let's talk about BNB again; I estimate it will consolidate between 690 and 730. The new phase of the MEGADROP event is now live, and participating might bring unexpected gains. If you catch another round of LAUNCHPOOL, BNB breaking 730 could happen in no time!
Finally, let's discuss ETH, which is expected to fluctuate between 3550 and 3800, showing quite a strong trend. Additionally, institutional holdings are constantly increasing, which indicates something. So, if you hold ETH, just keep holding.
These 4 altcoins will explode with 100x potential!
1.BIO
The BIO Protocol, as a revolutionary financial layer in the field of decentralized science (DeSci), is making waves. BIO aims to accelerate the commercialization of groundbreaking scientific research and serves as a platform where anyone can fund, develop, and manage tokenized scientific intellectual property (IP) from universities, companies, and researchers around the world. According to its official website, the project aims to drive biotechnological innovation through decentralized funding and coordination, earning the title of 'gateway drugs' in DeSci.
BIO's trading price is 501,337.99% higher than its 200-day simple moving average (SMA) of $0.000146, highlighting its significant growth since launch. Despite these impressive numbers, the current price prediction sentiment for BIO remains bearish. However, the fear and greed index shows a score of 76 (greed), reflecting increased trading activity and growing optimistic sentiment in the market regarding potential upward trends.
To further promote this development momentum, Binance recently launched the BIO Protocol on Launchpool, which is its 63rd project. Launchpool is a platform aimed at supporting innovative projects in emerging fields such as DeSci. The mining period for BIO begins on December 24 and lasts until January 2, 2025, during which Binance users can participate in this groundbreaking program by staking tokens and earning rewards.
2.PEPE
The potential of PEPE lies in its strong community and ambitious roadmap. The plan includes making $PEPE a trending topic on Twitter, ensuring listings on centralized exchanges, and ultimately achieving 'meme supremacy.' Although it does not offer groundbreaking technology, its appeal reflects the viral nature of internet culture.
In the current market cycle, many people are focused on the upcoming Bitcoin halving, hoping for a bull market. PEPE stands out by capturing the spirit of the moment. Its rise reflects the growing trend of memes meeting money, and community sentiment can propel the token to astonishing heights. Compared to other meme coins, PEPE's transparency and direct approach make it a noteworthy participant in this vibrant corner of the cryptocurrency world.
3.GLM
Golem is unique for its decentralized architecture, which achieves parallel processing by distributing tasks to multiple providers. This significantly enhances efficiency and accelerates complex computations. By democratizing access to powerful computing tools, GLM has the potential to revolutionize industries that rely on extensive computation. In recent months, GLM has performed steadily, with a price increase of about 11% in the past week. The project continues to develop its network and expand use cases, aiming to capture a larger share of the decentralized computing market.
As of January 5, 2025, GLM's trading price is approximately $0.425 per token. The 24-hour trading volume is around $19.26 million, indicating active trading and strong liquidity. Its circulating supply is about 1 billion, with a market cap of approximately $425 million. GLM provides innovative solutions to the limitations of traditional cloud computing through a decentralized network. Its unique task allocation method makes it a potential game-changer across various industries.
4.BNB
BNB is the native cryptocurrency of the Binance ecosystem, launched as an ERC-20 token in June 2017. It is applicable to the Binance Chain and Binance Smart Chain, supporting fee payments, token creation, and asset transfers. BNB supports smart contracts through proof-of-stake authority, allowing users to earn rewards through staking.
In addition to blockchain transactions, BNB also offers fee discounts on Binance.com and is used by various third-party services. The supply of BNB is gradually reduced through quarterly burns, aiming to halve the initial supply of 200 million to enhance its value. With its wide utility and decreasing supply, BNB has potential appeal in the current market cycle.
