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Author Topic: Animal coins are falling sharply. Where is the next market hot spot?  (Read 122 times)
Iyanu14 (OP)
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May 17, 2021, 06:06:45 AM
 #1

Dogecoin is basically dead due to Musk's relationship. Shibi, FEG, and other MEME coins have fallen by about 50%. The market needs to return to value investment, and Web3 and financial option trading are still the market value investment sectors.
There are a few solid projects I have followed:
1. Shield Protocol:http://shieldex.io/#/home (The First Decentralized Risk-free Perpetual Contract)  better than DyDx and Hegic
2. Parami Protocol: https://parami.io/  (AD3.0 for Web3.0!)    will beyond BAT
Docbee
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May 17, 2021, 06:25:05 AM
 #2

Dogecoin is basically dead due to Musk's relationship. Shibi, FEG, and other MEME coins have fallen by about 50%. The market needs to return to value investment, and Web3 and financial option trading are still the market value investment sectors.
There are a few solid projects I have followed:
1. Shield Protocol:http://shieldex.io/#/home (The First Decentralized Risk-free Perpetual Contract)  better than DyDx and Hegic
2. Parami Protocol: https://parami.io/  (AD3.0 for Web3.0!)    will beyond BAT


Although the bull market has not gone, if the price of BTC does not come up, the market is difficult to have hot spots.
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May 17, 2021, 06:32:58 AM
 #3

Dogecoin is basically dead due to Musk's relationship. Shibi, FEG, and other MEME coins have fallen by about 50%. The market needs to return to value investment, and Web3 and financial option trading are still the market value investment sectors.
There are a few solid projects I have followed:
1. Shield Protocol:http://shieldex.io/#/home (The First Decentralized Risk-free Perpetual Contract)  better than DyDx and Hegic
2. Parami Protocol: https://parami.io/  (AD3.0 for Web3.0!)    will beyond BAT


when u ‘mentioned’  Risk-free  , its will be highlight point for me
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May 17, 2021, 06:39:31 AM
 #4

Whatever happens to the market is none of my business anymore because I am a man of principles and once I see gains I always take profits, I've made thousands in this bullrun already and I'm done but one thing is certain here crypto market won't keep surging, bear market will come just as we never saw the bull market coming in December 2020

blockman
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May 17, 2021, 07:53:22 AM
 #5

The market will come back in its own shape. Elon has made a profit already and that's why he won't stop fooling around and shit posting on his Twitter account. As long as he can take advantage of the situation, he will never stop. And as long as there are people, mostly the newbies that are believing in him, he'll take advantage of that place. These animal coins hype is already done and all of the flow again will go to bitcoin so if you're sensing that it's now time to invest in bitcoin, don't be too late but buy already before it's too late again. I just remember that the crypto market is really amazing, before we've got those food coins and now animal coins, I'm thinking what will be the next hype and trend for the type of newly made coins.

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May 17, 2021, 09:10:29 AM
 #6

I am seeing Solana and Fantom as two new smart contract platforms that are being enjoyed by everyone when the profits from IDOs on AMM of these platforms are good. I have seen the money flow from Ethereum's DEFI ecosystem to BSC, maybe this time to Solana, Fantom. In August Cardano will launch its smart contract and it is expected that DEFI projects will be deployed on this blockchain.

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May 17, 2021, 09:43:43 AM
 #7

These all animal shitcoins got devastated, a lot of people made fortune on it but I am sure a lot of people too got REKT on it. Animalcoins are no different from shitcoins we saw in previous times. Shitcoin will always a shitcoin.
I think the next or already started are airdrops again, which we saw also the trend last 2017, but this time it will not so popular, especially Ethereum got a scaling problem, airdrops may become popular to other chains, like Solana, BSC, Terra, Matic, etc. There are a lot of airdrops started in Solana ecosystem.

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May 17, 2021, 11:57:23 AM
 #8

when u ‘mentioned’  Risk-free  , its will be highlight point for me

Me too. there's no risk-free in any of perpetual contract. it sounds like a marketing trick only. How someone deal with a futures contract without any settlement and it will be involving any risk.
I do believe this is BS. I meant that if he was promoting shield protocol so many times.
This could be a point.

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May 17, 2021, 02:35:29 PM
 #9

I am seeing Solana and Fantom as two new smart contract platforms that are being enjoyed by everyone when the profits from IDOs on AMM of these platforms are good. I have seen the money flow from Ethereum's DEFI ecosystem to BSC, maybe this time to Solana, Fantom. In August Cardano will launch its smart contract and it is expected that DEFI projects will be deployed on this blockchain.

Indeed, solana and fantom could be the next hot spot in the upcoming market trend as IDO hype is fueling up again. But, more defi projects from ethereum is migrating into polygon/matic mainnet as well. So it'll be hard competition for solana, fantom as matic L2 solution is great for those projects and AMM on matic mainnet is growing up on liquidity and trading volumes.

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May 17, 2021, 02:57:41 PM
 #10

The coin meme lasts a short time, so there's no need to expect much, especially since the market has entered a red zone. Musk is already rich and earns a lot of dollars promoting his Tesla. and the bad news is we don't know what happened to the coin meme.
Therefore, there is often great risk in coin memes, and they almost forget that Bitcoin is the solution.

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iTradeChips
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May 17, 2021, 03:09:58 PM
 #11

The coin meme lasts a short time, so there's no need to expect much, especially since the market has entered a red zone. Musk is already rich and earns a lot of dollars promoting his Tesla. and the bad news is we don't know what happened to the coin meme.
Therefore, there is often great risk in coin memes, and they almost forget that Bitcoin is the solution.

Well, as you have said Bitcoin is always the solution when it comes to investing. Problem with your "solution" of course is that solution is already an expensive solution to invest with. If you have a million dollars, sure why not? But if you are one of those who has a few hundred dollars to spare for an investment, then you know you cannot buy bitcoin and expect a good profit after a few years. Sure you have invested 100 dollars worth of satoshis, but after a few years it doubles to 200 dollars, then it is all for nothing no? Imagine you are an early adopter of Shiba and you bought 100 dollars worth of shitcoins you got yourself a few million of them, then the unexpected happened and you got a million dollars out of it, wouldn't it be very sweet taste of victory on your part because you spent it on a good shitcoin that made you a millionaire. That's the reason why Bitcoin is not a solution that many thinks right now.

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May 17, 2021, 04:24:14 PM
 #12

1. Shield Protocol:http://shieldex.io/#/home (The First Decentralized Risk-free Perpetual Contract)  better than DyDx and Hegic
2. Parami Protocol: https://parami.io/  (AD3.0 for Web3.0!)    will beyond BAT

Dogecoin is not dead, as Elon Musk is trying to contact the developer to improve transaction efficiency. I think the projects that will remain stable are projects based on DEFI, but there will still be a bearish trend. because there is always risk in the investment world, especially crypto. So it's not right to look at the two projects that you offer with a risk-free statement, but in my opinion it is rather a small risk for the project that you recommend.
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May 17, 2021, 04:44:13 PM
 #13

It's not over yet, this shitcoins can still do some magic still but the fact is are people stupid enough to keep holding such coins? Isn't profit taking is all what this is about? Once coins reach a new ATH that's the perfect time to sell them

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May 19, 2021, 05:36:26 AM
 #14

Everywhere you look right now, all you can see are the colour reds in the graph. Do we need to panic and sell? Of course NO. This bearish trend is pretty normal. It will eventually return to its normal state sooner or later. Just be patient and hodl.

One solid project I know is Stakenet XSN. I'm very confident they will enter the top 100 alts soon. Especially when their upcoming powerful Stakenet DEX goes live in public.
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