Wen and Foxy -> moon trip together?Meme coins with high risk and potentially stupid rewards!
Every blockchain will have a meme alpha play that goes to the moon. I have two meme coins that I firmly believe in...
For the Linea blockchain, the choice is simple - Foxy.
For Solana blockchain, there are too many meme coins but none of them have as good distribution of wallets as Wen.
Foxy and Wen have 3-4 x up to all time high. They have just broken important levels. The market is about to send.
I think the risk reward for Foxy and Wen is incredibly good if we continue the bull market.
Foxy and Wen have similar graphs, I think the timing is good to buy and hold for 2 months and then start taking profits.
I think both Foxy and Wen will smash all time highs quickly when/if the market explodes.
Wenmoon
🎯 Stablecoins dominance - the DXY of Cryptoverse🎯 Today we'll have a look at the cumulated dominance of Tether USD, Circle USD and DAI in comparison with Bitcoin's price.
Since 2019 Stables dominance has been ranging inside this channel on the logarithmic chart.
The channel is moving upwards as more funds enter and remain in the cryptoverse.
As such, the dominance of Stables is highly dependent on interest in these assets, so I expect this channel to break at one point (at minimum due to saturation of the market). So far this channel has held.
Touches of the upper band marked bottoms for BTC, while touches of the lower band marked tops.
Thus, I'm looking at their dominance as inversely correlated with Bitcoin's price, similar to how DXY is inversely correlated with the stock market.
We are currently in an up move that's been trending the blue line since the 69k$ top.
Considering the channel holds, we can expect one of the two scenarios to develop and mark a reversal in the market.
This doesn't mean that it is the only way we are ending the bear market. However, I am watching this closely. 🎯
💎 Looking forward for your questions below. If this post provided you value, follow for more.
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Made With Nothing Other Than Delusion And Pure SpeculationJust having some fun here matching up the timing between my total crypto market cap and my DXY chart.
I will link the charts below.
Top for btc will be around 80-95k into a short term bear market.
(June- September, possibly starting late may depending on when the DXY breaks out).
New ATH's at the end of the year followed by another multi year bear market.
(Speculation on top of speculation im assuming 150-180K as the presumed top).
Drawing inspiration for 2013-2015 as our 2023-2025 price action all gaps will be filled downwards.
This chart will end in 2028 with btc at 1 million dollars.
The ol' crystal ball has been on the fritz lately so lets see how this all pans out.
Good Luck And Safe Trading.
LTC and the 200d EMAA quick analysis on the history of the 200d EMA. I'll have to zoom out to show what I mean entirely so get your reading glasses on.
Basically, I see that last time we had a significant bear market it ended with LTC rushing up and smashing through the 200d EMA, then settling in a pretty boring range for quite some time. Even Charlie Lee said he could foresee a multi-year bear market, we're only 1 year in this one.
Anywas... back then, it broke the 200d EMA at roughly 2.50, and shot up above 9 bucks. In what looks to be a very similar market bottom, we are now at the point where we have tested the 200d EMA for the third time in the last few daily candles. I wholeheartedly expect to see 100$ soon, but then a sharp drop back down into the 50s-80s for a looooong time before seeing any ATHs again. (That prediction is solely my own speculation based on this chart that I made recently and is looking like it will hold up: )
We have broken out from the long bearish downtrend channel thingy. Now we are bullishly pushing through the EMA on strong volume. The fact that LTC has tried it a third time says it wants more for now. The volume says it will get what it wants. In June 2015 however, we did not test it as many times as we have now, there is more turbulence this time around. But back then the market conditions were widely different. Fewer people traded LTC for example.
With all this said, past results do not indicate the future performance of any market. So as always friends, exercise caution. I am in it for the long game, but I may consider taking profits if my target is reached in the way I project here for obvious reasons.