💹 $100K Bitcoin SOONER Then You Think

PLUS Hyperliquid spot markets are getting ready!

November 18, 2024

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GM, six-figure hell is just around the corner. 

And it’s likely coming sooner than anyone expects.  As November claws its way to an end, so is Bitcoin preparing to push to its first six-figure mark.

While a sharp pullback is expected after hitting six figures, don’t mistake it for the end: this run won’t be over until at least the end of Q1 2025, at most Q4 2025. We’ve got plenty of time here.

The underlying factors of this current leg up speak volumes. We’ve just seen the largest ever weekly digital assets inflows, chart-wise joined by the total crypto market printing all-time highs, while our favorite altcoin total market is doing exactly the same (even without Bitcoin dominance dipping much, lesson there). 

Oh, and one more billion dollars worth of USDT was just minted by the goblins at the good old Tether treasury.

The odd one out, as always, is Ethereum.It literally can`t pump, despite its founder looking like he takes gas station types of Vitamins instead of daily supplements.

Anyways, all of the above? The most leveraged bet on crypto’s market cap continuing to climb is still the memecoin market. Right now, we`re seeing the first real retail wave pouring in, underscored by the latest Google trends evidence.

Yes, it will get crazier but don`t get too high on your supply. The only way to make it is by staying composed.

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USA/SOL 1D Raydium Log Chart

Smallest cap of Murad’s top 10 and yet to pump, the $USA setup looks great here.

Price compresses between the Point of Control (red line) and the downtrend. Currently sitting on top of the yearly VWAP. 28k Holders and $44m market cap.

I think we see this over $100m in the next few weeks. I`m looking to add to my position in the purple box.

We have a developing shill team on Twitter, including SMFX, Ansem assassin BarneytheBoi, and Manos de Papel, who`s working the bag like Jake Paul hunting a new pair of shorts.

NFA as per usual, please always do your own research.

Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!

Smart-money movements of the day.

Source: ChainEdge

Attention score for past week.

Source: ChainEdge

Hyperliquid Spot Markets

With HYPE token airdrop coming up any day, we`re seeing a massive resurgence in Hyperliquid spot markets. 

The amount of USDC sitting in the Hyperliquid spot increased by 4x just last week. Moreover, rumors are swirling around about legendary traders like Smartestmoney.eth bridging $20m to Hyperliquid in preparation for the token generation event. There are signs of continuous appreciation of the Hyperliquid ecosystem, that`s for sure.

That said, here are a few names on which you can focus on your trading in the upcoming weeks and months (not financial advice).

  • PURR 

  • CATBAL 

  • SCHIZO

  • PIP

  • HFUN

  • PILL

  • POINTS

  • JEFF

  • SYLVI

  • BOZO

The important bits.

  • Sophon (Entertainment layer) - Announces NFT inscription and stages leading to mainnet

  • Superseed (L1) - Explains Self Repaying Loans in a one-minute video

  • EOS (L1) - EOS staking on Kucoin no rewards 30% APY

  • Peapods Finance (DeFi) - The final Leveraged Volatility Farming audit is underway

  • OHM (DeFi) - Upcoming explanation of developments and why OHM is the most important DeFi innovation

  • PUPS (Bitcoin Runes) - Added to Binance perpetual markets

  • Sushi (DEX) - Announces “Vesting Launch”

  • Linea (L2) - Token launch announced for 2025

Even more important bits.

Charts and stats of the day.

Life gets busy so here’s what you’ve missed.

What is LFJ’s Token Mill? A Beginner’s Guide

Research

This article covers how Token Mill is aiming to fix the issues that are rife in the shitcoin game.

  • XION (Walletless L1) - Announces airdrop conditions

  • Cypher Genesis (AI Agent, Runes on Bitcoin)


Pretty soon, the bull run lullaby will make us all so disillusioned about the value of money that the only thing we’ll care about is how many tokens we have in the wallet. Falter not, though, my friend; this is exactly the time to plan and stay based. 

As with everything, the end is coming. Not now, not even soon at that, but just make sure to keep this in mind, keep sharp, and most of all, keep reading the blocmates newsletter.

stay safe homies,

Hix0n 🫡

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