Original | Odaily Planet Daily ( @OdailyChina )
Author: Wenser ( @wenser 2010 )
ETH once soared by nearly 12% in a single day, and the “E Guards” were proud again!
At the same time, many people regard the rise of ETH as a harbinger of the altcoin season. Today, after ETH took off the hat of altcoin several years ago, the market focus has shifted to which altcoins may continue to rise in the next wave? In view of this, Odaily Planet Daily will explore related potential targets in this article. It should be noted that this article is only a sharing of personal opinions and does not constitute investment advice. It is for readers reference only.
ETH ecosystem infrastructure tokens: LINK, UNI, MKR, 1INCH, CRV
As the corresponding tokens of infrastructure construction projects within the Ethereum ecosystem, LINK, UNI, MKR, 1INCH, CRV, etc. are all investment targets preferred by crypto OGs, crypto whales, and veteran traders.
Previously, we had sorted out a series of value coin targets in detail in the article Tracking Smart Money on the Chain: A Collection of Addresses of the Top 10 Value Coins , among which LINK and UNI can be called the greatest common divisor.
In addition, the projects behind tokens such as MKR, 1INCH, and CRV are the mainstays of the DeFi field in the Ethereum ecosystem. Therefore, relatively speaking, although these three tokens have experienced a wave of increases recently, I personally believe that there is still potential for growth.
The price list (as of writing on July 17) is as follows:
LINK: $16.92;
UNI: $8.95;
MKR: $1,900;
1INCH: 0.32 USD;
CRV: $1.02.
ETH Ecosystem Meme Coins: MOODENG, DOGE, PEPE
As one of the most active ecosystems of Meme coins, although the Meme coin limelight of the Ethereum ecosystem has been overshadowed by the Solana ecosystem and even the BSC ecosystem, with the rise in ETH prices, the Meme coins of the Ethereum ecosystem are still expected to usher in a wave of price increases led by liquidity overflow. Among them, DOGE is still the undisputed dominant player among the old Meme coins; MOODENG is one of the few Vitalik concept targets, and PEPE is a symbolic Meme coin like a cultural symbol.
Of course, compared to the high price, it is usually difficult for old Meme coin projects to return to their previous highs, especially those whose market value has reached a certain level. Therefore, for such tokens, certain stop-profit standards can usually be set, such as an increase of 15%, 20%, 30%, etc. The author usually opens orders with small positions to try his luck.
The price list (as of writing on July 17) is as follows:
MOODENG: $0.2;
DOGE: 0.21 USD;
PEPE: 0.000013 USD.
ETH transmission sector tokens: AERO, BRETT, TOSHI
In addition to tokens directly related to ETH, the Base ecosystem is also one of the markets within the influence of the Ethereum ecosystem. Among them, AERO is the unrivaled token in the DeFi sector; BRETT is the leading token in the Meme coin sector of the Base ecosystem; TOSHI is a Meme coin project that is closely connected with the Base ecosystem and the official Base.
The price list (as of writing on July 17) is as follows:
AERO: $0.91;
BRETT: 0.062 USD;
TOSHI: 0.0007 USD.
Other tokens to be increased: WLD, ENS
As the first token to hit the AI concept in this cycle, WLD can be said to have got up early and arrived late. After the price broke through $11, the market gradually lost patience with it due to its market narrative, the teams changing token unlocking operations and frequent selling of coins, and the suspicion of market crashes. The price has fallen all the way to around $1 now. However, as a crypto project backed by OpenAI founder Sam Altman, it still has the potential and possibility to become the next DID project in the era of artificial intelligence, so I personally think it can be added to the list to be watched.
ENS is the favorite of Ethereum founder Vitalik, and has always been regarded by him as the only remaining fruit of the Ethereum ecosystem besides financial speculation. Although he has rarely endorsed the token recently, as an orthodox representative project of ETH, it is still regarded by the market as a high-potential target, so it is added to the list of stocks to be watched for price increases.
The price list (as of writing on July 17) is as follows:
WLD: $1.11;
ENS: $26.99;
Summary: After ETH rose, the market entered a psychological game period
As the price of ETH rebounded to above 3,400, the crypto markets expectations for the altcoin season have been raised again. As a result, different market groups, crypto natives and traditional financial people, traditional financial markets and global economic markets have started a new round of psychological games: on the one hand, people want to buy relatively stable and rising mainstream tokens, such as ETH and other public chain tokens, and old tokens in the DeFi track, but they will inevitably guess which potential targets waiting to rise will be bought by others; on the other hand, the US SECs review and approval of different altcoin ETFs will also have an important impact on the crypto market in the second half of the year.
In other words, people are now paying attention not only to tokens that they think will rise, but also tokens that they think others think will rise. Apart from relatively stable tokens, Meme coins and AI track concept tokens are still the focus of attention.
Finally, the Coinbase 50 Index and Grayscale’s quarterly selected tokens may also be good reference targets. Interested readers can click the link to view.
