BTC is currently fluctuating below $112,000, with a slight drop in market share to 63.61%. Market sentiment is high, with ETH breaking above $2,700. The next key point to watch is ETH's price movement.
With Bitcoin once again breaking 100,000 and both ETH and altcoins recovering, which tokens are gaining attention, and where might their potential target price levels be?
For now, the market is pricing in the "official HODL" story—yet, it remains to be seen whether this narrative will have lasting effects
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There is a large-scale VC withdrawals from early-stage token markets, and a narrative vacuum alongside the contraction of TVL and trading volume, creating an unfavorable environment for altcoins.
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For now, Bitcoin should be seen as a high-volatility complement to gold. The two assets serve different investor needs, and their coexistence may become the new normal in portfolios seeking to hedge against monetary risk and geopolitical instability.
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If memecoins catch the next narrative wave, they could still serve as a stepping stone for small investors.
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