Original | Odaily Planet Daily (@OdailyChina)
Author | Wenser (@wenser 2010)
ETH once surged nearly 12% in a single day, and the "E Guards" have once again held their heads high!
Meanwhile, as many people view ETH's rise as a sign of the "Altcoin season" approaching, today, years after ETH shed its "Altcoin" label, the market focus has shifted to which Altcoins might continue the upward trend. In light of this, Odaily Planet Daily will explore potential targets in this article. It is important to note that this article is merely a personal opinion sharing and does not constitute investment advice, and is for readers' reference only.
ETH Ecosystem Infrastructure Tokens: LINK, UNI, MKR, 1INCH, CRV
As tokens corresponding to infrastructure projects within the Ethereum ecosystem, LINK, UNI, MKR, 1INCH, and CRV are investment targets favored by crypto OGs, crypto whales, and veteran traders.
Previously, in our June article "Tracking Smart Money on the Chain: Collection of 10 Top Value Coin Investment Addresses", we detailed a series of value coin targets, among which LINK and UNI can be considered the "greatest common denominator".
Moreover, the projects behind tokens like MKR, 1INCH, and CRV are pillars of the Ethereum ecosystem's DeFi field. Therefore, although these 3 tokens have recently experienced a wave of increases, I personally believe they still have some upward potential.
Price list (as of July 17 when this was written):
LINK: $16.92;
UNI: $8.95;
MKR: $1,900;
1INCH: $0.32;
CRV: $1.02.
ETH Ecosystem MEME Coins: MOODENG, DOGE, PEPE
As one of the most active MEME coin ecosystems in the past, although the "MEME coin momentum" in the Ethereum ecosystem has been overshadowed by Solana and BSC ecosystems, with ETH's price increase, Ethereum ecosystem MEME coins still have the potential to see a price rise driven by liquidity spillover. Among these, the veteran MEME coin DOGE remains the undisputed "king"; MOODENG is one of the few "Vitalik concept targets", while PEPE is a culturally symbolic MEME coin.
Of course, compared to their price highs, veteran MEME coin projects usually find it difficult to return to previous peaks, especially for projects that have already reached a certain market cap. Therefore, for such tokens, one can usually set certain take-profit standards, such as 15%, 20%, or 30% increases. The author typically uses small positions to bet on probability.
Price list (as of July 17 when this was written):
MOODENG: $0.2;
DOGE: $0.21;
PEPE: $0.000013.
ETH Transmission Sector Tokens: AERO, BRETT, TOSHI
Apart from tokens directly associated with ETH, the Base ecosystem is also one of the markets within the Ethereum ecosystem's influence range. Among these, the DeFi sector token AERO is unrivaled; BRETT is the leading token in the Base ecosystem's MEME coin sector; TOSHI is a MEME coin project closely linked with Base's official platform.
Price list (as of July 17 when this was written):
AERO: $0.91;
BRETT: $0.062;
TOSHI: $0.0007.
Other Potential Rising Tokens: WLD, ENS
As a token that first hit the AI concept in this cycle, WLD can be described as "getting up early but arriving late". After breaking through $11, due to its market narrative, the team's frequent token unlock operations, and rumors of frequent selling, the market gradually lost patience, and the price dropped to around $1. However, as a crypto project backed by OpenAI founder Sam Altman, it still holds potential to become the next "DID project in the AI era", so the author personally believes it can be added to the watch list.
ENS is Ethereum founder Vitalik's "favorite", always viewed by him as the "last fruit of the Ethereum ecosystem beyond financial speculation". Although he has rarely endorsed the token recently, as the "orthodox representative project of ETH", it is still viewed by the market as a high-potential target, thus added to the potential rise watch list.
Price list (as of July 17 when this was written):
WLD: $1.11;
ENS: $26.99;
Summary: Psychological Game Period After ETH's Rise
With ETH's price rebounding above $3,400, the crypto market's expectation for the Altcoin season has been raised again. Thus, different market groups, crypto native populations and traditional finance populations, traditional financial markets and global economic markets have begun a new round of psychological game: on one hand, people hope to buy relatively stable and rising mainstream tokens like ETH and other public chain tokens, DeFi track veteran tokens, while also inevitably guessing which potential targets others might buy; on the other hand, the US SEC's review and approval of different Altcoin ETFs will also have a significant impact on the crypto market in the second half of the year.
In other words, what people are focusing on now is not just "tokens they think will rise", but also "tokens they think others believe will rise". Apart from relatively stable tokens, MEME coins and AI track concept tokens remain key areas of attention.
Finally, the Coinbase 50 Index and Grayscale Quarterly Selected Tokens might also be good reference targets for interested readers to check out.
