Is an Ethereum challenger emerging? This coin’s data has surpassed that of Ethereum, which is amazin

This coin is so scary! Various indicators have caught up with Ethereum, and major whales have opened positions one after another. Where will it rise in the future?

Bitcoin rebounded fiercely, can it rise again? How does smart money operate now?

This dark horse is about to usher in great benefits. How many times can it rise again this year? Let’s take a look with Shu Qin.

First of all, this year’s big dark horse is INJ, and even Shu Qin is afraid of the rise. Not only are giants like Binance Labs and Jump participating in the investment, but it will also receive a major update this week.

According to its official Twitter, INJ will release a new decentralized app on the mainnet this week

Then Shu Qin went to check it out. He just came out. It should be this SocialFi called Out, which is social software. It looked good.

However, the announcement of the good news also caused him to start a correction after the short-term good news came out. This is very normal.

And this coin will become even more powerful in the future, because it has many long-term benefits, as you can see from the picture.

Due to the early unlocking of this project, he suffered a lot of selling pressure every month thereafter. Just in the past few months, INJ has unlocked all the tokens, which can be said to be debt-free.

This laid a good foundation for his long-term bull trading.

And not only that, INJ entered a state of deflation as early as a year ago.

Because 60% of the handling fees on his public chain will be burned, nearly 6% of the tokens have been burned so far, making it increasingly rare.

And his public chain itself is also very powerful, with a block generation time of only 0.9 seconds!

The performance can be said to be comparable to Solana, which currently ranks third in market value. You must know that Solana has a market value of 50 billion, while INJ only has a market value of 3 billion, so there is a lot of room for it to continue to grow.

The entry point is not only in the community, we have also said many times in the program that entry is at 30!

Sure enough, he adjusted back from 40 to 30, which was a 30% discount. I believe many viewers grabbed it, right? Shu Qin also made nearly 5 times the profit, which was really very happy.

In addition, the performance of another project is also amazing. He is the Solana we just mentioned.

Let’s take a look at this set of data.

In the daily transaction volume of NFT public chains, Solana has reached as much as 5 million US dollars, which is very close to the top Ethereum in the currency circle.

But everyone should remember that Ethereum’s market value is nearly 300 billion, while Solana’s is only 50 billion. So in comparison, Solana’s activity on the chain is really scary. If there is any coin that can boldly challenge Ethereum, it may be Solana.

Although we Chinese may not use this chain very much, it is very keen on it in the West.

AVAX and Arbitrum only have 200,000, so Solana's data is really strong.

As we have said before, his stablecoin transaction volume is also close to that of Ethereum. Although it is too early for him to challenge Ethereum, his growth trend is too scary, and many data are not much weaker than Ethereum. .

After all, this is a public chain owned by the United States, and Wall Street has adopted ETFs, and American capital is extremely active. In addition, FTX was also ranked second in the world before and has cultivated a lot of Solana believers, so this coin should really be paid attention to.

As you all have seen, Shu Qin let everyone escape from the top at 120, and then asked everyone to buy the bottom at 80.

I bought back 2 million u in batches. The current spot profit is nearly 30%. I put some into Binance's financial management, and the contract made more. In just two weeks, Shu Qin made more than 100 from it. Wan, it can be said to be an unexpected surprise.

So now I am building a low-multiple short position on Sui in batches. It is expected that he will usher in a certain correction when he starts to unlock large amounts on February 3. I hope everything goes well.

However, this project is also very strong, and short-term corrections will not affect its long-term bullishness.

If you are interested in the operation, you can also take a look. This piano is updated every day~

Okay, let’s take a look at Bitcoin data.

do you know? In addition to Grayscale, giants such as Fidelity, Invesco and BlackRock have accumulated US$5.5 billion in Bitcoin in just two weeks!

This is more than 0.5% of the total amount of Bitcoin, and it is still increasing its holdings, only buying but not selling, with no signs of slowing down.

If this trend continues for a few more months, they will accumulate to 5% of the total Bitcoin supply! God, this is too scary.

But looking back at Grayscale, his selling of 10,000 coins a day is unsustainable, because not everyone wants to sell, so the selling pressure behind him will gradually weaken.

Therefore, every big drop this year is a precious opportunity for us to get on board. Because you know what? Although the peak of Bitcoin will be in 2025, in terms of increase, perhaps this year will be the largest.

If you look at the last round of Bitcoin halving in 2020, Bitcoin rose from 4,000 to 40,000, nearly 10 times. In 2021, it rose from 40,000 to 69,000, less than double.

So although the price peak will occur next year, most of the gains that will really take you off may occur this year.

So looking at it now, it’s only been 10 months, right? Now you may be called A Bao or Xiao Bao, but by the end of the year, you may be called Mr. Bao, or even Mr. Bao, right.

The transformation of life may have already begun from now on.

Then Shu Qin would like to wish everyone a successful start and everything they wish for!

Okay, that’s it for today’s program. Please pay attention to us, let’s gain wealth and freedom together in this bull market!

Bye~

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