The big pancake sucks blood, and Sister Bei just wants to stand at the peak of 100,000 to experience the feeling of being high up and cold, adventure is worth it, how many times can life give you a chance to fight, if not now, when?
Which is better to increase the position, Sol or Sui? Is it time to add to the meme sector?
Although the big pancake sucks blood and is high up and cold, and altcoins are correcting, Sister Bei still holds a full position in spot, wanting to take a risk, after all, compared to being temporarily stuck, I fear missing out even more. Overly focusing on the short-term fluctuations of altcoins greatly affects one's mindset, the trend of the market has become clear, and it’s only a matter of time before the market rallies, everyone should remain calm. If the big pancake directly goes up to 100,000, and I miss out on this wave of money, that would be too unfortunate. After all, the 100,000 big pancake was the high point I predicted two years ago, and Sister Bei just wants to stand at the mountain top to see the scenery, overlooking all mountains, adventure is also worth it, how many times can life give you a chance to fight, if not now, when?
Although Bitcoin is at a high level, there is now a very encouraging phenomenon, which is that the secondary meme sector is somewhat sluggish.
Popular coins like WIF or Pnut have corrected over 40% from their highs, but Bitcoin has continued to break new highs, and if it doesn't fall, it must rise! So this is a situation I am very happy to see, and if altcoins were to surge now, it would be a very dangerous signal. Because it would suck a lot of blood from Bitcoin, which is often the endpoint of the market, fortunately, this situation has not occurred, so I still have a positive outlook on the future trends of Bitcoin and altcoins.
If there is a small correction recently, friends can gradually buy in. However, the returns from buying Bitcoin are really too small. I think that Pepe, WIF, Floki, and Neiro, which have already corrected, have much larger growth potential. So now we just wait for Bitcoin to continue to break through and stabilize above its previous highs, giving the market confidence for the continuation of the bull market. Then these meme coins will quickly recover. If they don’t fly, they won’t, but if they do, they will soar.
Undeniably, in this round of bull market, meme coins are absolutely the biggest highlight of this cycle, so Solana, as a base for 'mud dogs', is particularly promising. Because if you want to buy 'mud dogs', you must have Sol to make the purchase, so as the bull market progresses, the demand for Sol increases. Its on-chain TVL has surged by 62% this month. Although it still lags behind Ethereum by a significant margin, this momentum is very impressive. Another chain with skyrocketing TVL is Sui. Recently it surged by 50%, so the rise of these two coins is not a fluke. It is driven by demand. Of course, Sui is great in every aspect, with architecture updates and a speed that is 2.5 times that of Sol, but the only downside is that 75% of its tokens have not been unlocked yet, so the selling pressure is indeed considerable.
So Sister Bei is still more optimistic about Solana, which is almost fully unlocked. Its weekly trading volume has reached a terrifying 43 billion USD, increasing by 100% compared to a week ago, which is four times the trading volume of Ethereum. At the same time, it is 20 times that of Sui, truly incredible. I think that in this round of bull market, Sol could reach 500 or even break 1,000, which is worth considering. I made a lot of profits since I bought it at 30 USD last October, and now I have more than tripled my investment. I have been continuously buying on dips, raising my average price to 70, and I will hold Sol until the first quarter of next year to reduce my position in batches, so everyone doesn't have to worry about me unloading it, hehe!
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