3 things to watch this week:

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Goood Moorning,

Here are 3 things to watch this week:

1. Bitcoin: pre-halving danger zone;
   

2. Solana: SOL price breaks $200;
   

3. Memecoin presales: hit ‘peak degeneracy’ with over $100M raised in 3 days (https://www.coingecko.com/en/categories/solana-meme-coins)

1. Bitcoin pre-halving danger zone

Currently, Bitcoin is 31 days away from the Halving and has pulled back -11% This week.

If the speculation from Rekt Capital holds true, you'll have the opportunity to purchase Bitcoin at a lower price before the next parabolic bull run.

In the chart below, each blue vertical line represents a halving event.

The red zones signify the "Danger Zones".

The "Danger Zone" can be viewed as an "Opportunity Zone" if you have liquidity for deployment.

In my opinion, we shouldn't trust unknown traders on the internet.

My most successful strategy has been to consistently buy every month, benefiting from dollar-cost averaging.

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2. SOL price breaks $200

• In the past 24 hours, the SOL price has increased by 12%, making it 39% and 85% higher over the past week and month, respectively;

• Google Trends data indicates 'Solana' search popularity is at an all-time high of 100, surpassing past interest levels;

• Solana's current market cap is over $89 billion, making it the fourth-largest cryptocurrency and overtaking BNB.
  

• The Solana blockchain network's Meme coin ecosystem and overall DeFi popularity are driving forces behind this surge.

3. Memecoin presales: hit ‘peak degeneracy’ with over $100M raised in 3 days

• Crypto traders have invested approximately $100 million worth of SOL in new Solana memecoins in the last 72 hours.
  

• The frenzy around memecoin presales was sparked by the launch of a memecoin named Book of Meme (BOME);
  

• Launched on March 14, the coin rallied over 36,000%, reaching a peak market capitalization of $1.45 billion in less than 56 hours;
  

• An early investor, Sundayfunday.sol—who is a personal friend of the BOME creator—converted an initial investment of 420.69 SOL (worth $72,000 at the time) into a staggering $32 million in less than three days;
  

• Notable other examples include:

  • Book of Meme (BOME);

  • Nap (NAP)

  • Nostalgia (NOS).

4 things you should know:

• Top 24H 100 gainers ;

• Top hot coins on Solana ecosystem;

• 1.4M USDT accidentally burned by trader;
  

• Binance offers $5M reward for insider trading tip-offs;

Meme Of the Day

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.