Today's Must-Read | Twitter Featured Views [5 November]

Johnny believes that if Trump wins the election and establishes the "Department of Government Efficiency", $DOGE may become one of the easiest investment options.

Trading views

Potential trends: $DOGE has investment potential and is worth monitoring after the election, especially if Trump wins.

Technical Fundamental Analysis: The current $DOGE chart looks good and is worth investors' close attention.

See the original text: https://x.com/CryptoGodJohn/status/1853521457277493586

 

Altcoin Sherpa believes that in this cycle, high/medium market cap meme coins may outperform many conventional coins.

Meme Coin Performance Expectations : High-/mid-cap meme coins such as $PEPE, $BONK, and $WIF are expected to perform strongly, although they are not as attractive as low-cap tokens with a 1000-fold increase.

Suitable for long-term investors : These currencies are a good choice for ordinary investors who do not want to check their portfolios frequently. They have low rug risk, are listed on the largest exchanges, and have a strong market foundation.

See the original text : https://x.com/AltcoinSherpa/status/1853403311161925933

 

Adriano Feria pointed out that the main challenge facing $ETH is information asymmetry, especially when compared to $BTC.

The current situation of $BTC

Supply ceiling: The supply ceiling of 21M is conditional, not absolute.

The source of income: Currently, 94% of bitcoins have been mined, which means that the "subsidy pool" for miners to obtain new coin rewards through mining has almost reached its limit. About 98-99% of miners' income still comes from these newly generated bitcoins, while transaction fees only contribute 1-2%. As minerable bitcoins gradually decrease, miners will have to rely more on transaction fees to maintain their income in the future. However, currently, transaction fees account for a very small proportion of miners' overall income.

Insufficient expansion: The Lightning Network failed to effectively expand, capturing only 0.025% of the circulating supply, highlighting the failure of the BTC expansion framework.

Advantages of $ETH

A. Deflation and returns: Since the merger, ETH has achieved net deflation and is profitable, further attracting investors.

B. Censorship resistance and policy stability: ETH successfully withstood OFAC's censorship attack, and no transactions were ever censored. Every Monetary Policy adjustment reduced the number of publishers and required a high degree of consensus in the network.

Powerful scaling technology: ETH's scaling technology is robust, and L2 is operated by leading companies such as Coinbase, Sony, and Samsung. Coinbase's L2 "Base" has become the fastest growing network in the history of encryption.

Market Misconception: The view that $ETH is inferior to $BTC shows amisconception and lack of information in the market.

Summary: When these market misunderstandings are cleared up, expect $ETH to receive a positive reaction in price movement.

See the original text : https://x.com/AdrianoFeria/status/1853178575681458215

 

Il Capo Of Crypto proposes a potential short-term trend and strategy for the market

Possibility of a final round of oscillation : $BTC may test the $48k-50k range, while $ETH may pull back to the $1.8k-2k range.

Layout strategy : If the market experiences such a pullback, it will further increase its position of counterfeit products at this time to prepare for the upcoming real altseason.

See the original text : https://x.com/CryptoCapo_/status/1841601158114152912

 

Mindao shares his mindset shift towards ETH to SOL and his market observations

The Rise of SOL : The current state of SOL is very similar to the ICO era of Ethereum in 2017. SOL has undergone a major turning point, like the DAO event of ETH, and now it has established a self-circulating OG self-investment ecosystem.

Market comparison : In the past, there were countless "Ethereum killers" such as ETC, EOS, Tron, etc., but Ethereum ultimately established a strong ecosystem. The current situation of SOL is closer to the ICO prosperity of Ethereum in the past.

Competitive Advantages and Challenges : Although SOL currently holds a leading position in meme publish, this track is heavily commoditized and easily surpassed by other chains, lacking Competitive Edge and long-term advantages.

Culture and Future : SOL's strength lies in its ecology and culture, which helps it stay ahead in the meme track. But in the long run, Ethereum's innovative spirit and geek culture are still its foundation.

Conclusion : Mindao believes that Ethereum has core advantages in infrastructure and long-term development, and is unlikely to be surpassed by SOL. However, it is crucial to maintain innovation and maintain the "cool" culture of the community.

See the original text : https://x.com/mindaoyang/status/1851853508330258543

 

Ⅵ.Benjamin Cowen: Analysis of the Dominance of BTC and Stablecoins