๐ง๐ต๐ฒ ๐๐๐น๐น ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฒ๐ฎ๐ ๐๐ ๐ข๐ป
This weekend brought us to a mind blowing, yet unpredictable moment in the crypto market. If you've been paying attention to the $TRUMP launch, you know things are getting wild. It's "crime season" out hereโanything goes up when bullish energy is at its peak. Letโs dive into whatโs happening and what it might mean for Bitcoin.
The Fun Begins
Weโre deep into the third year of this 4 year cycle, a point where sentiment typically reaches belief and thrill. As confidence builds, actions get looser, risk-taking becomes second nature, and more scam projects emerge. Itโs not surprising to see something as unique as a former president launching a meme coin. This is both a reflection and a driver of the incoming euphoria phase. This resilience hints at the strength of the bull market, but itโs also a time to remain alert.
Solana: Leading the Pack
Solana continues to outperform and is in price discovery mode. Whether youโre looking at it through a technical or fundamental lens, Sol is showing all the signs of a standout performer. Itโs not just about its returns; Solana is dominating in volume and usage, far outpacing Ethereum in most areas.
The Trump meme coin launch has brought even more attention to Solanaโs ecosystem. While itโs easy to dismiss meme coins as a pump and dump, the attention they create often leads to broader adoption. Moonshot - a memecoin app - is onboarding 400k people with fresh capital PER DAY. Solana is becoming the go-to platform for speculative gambling in this cycle, which - love it or hate it - could mean even more growth ahead.
Altcoin Season
Altcoin season is near, and the opportunities are already everywhere. However, chasing every shiny new coin can be a recipe for disaster. Itโs better to stick with positions youโve researched and have high conviction in. Jumping from one project to another often leads to missed gains and increased stress.
Solana remains my top choice for altcoin exposure. It has consistently outperformed, and its ecosystem continues to grow. That doesnโt mean other coins wonโt deliver strong returns, but being selective is crucial.
A reminder that the best moves are often made by staying patient and sticking to your gameplan. If youโre positioned well in strong coins, the trend is your friend. Stay focused and donโt let short-term noise shake your confidence.
Enjoy the rest of your weekend. This market is only getting crazier, and there will be plenty of opportunities ahead.
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Written by Timothy Assi, a popular investor on eToro.
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๐ฆ Linkedin: Timothy Assi
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