⚠️ Is War Bad for Bitcoin?

Early this morning it was announced that Israel attacked Iran and as a result, the cryptocurrency market took a massive dive due to the news.

What is interesting about the above chart is that the price quickly recovered from $59,690 to $64,800 in only a matter of a few hours and within the period, we can be sure that institutional money, the likes of BlackRock scooped up this discounted Bitcoin for their ETFs.

Whether by coincidence or strategic timing, this all happened just before the scheduled Bitcoin halving event, which takes place only once every four years.

The Bitcoin halving event marks the point in time where the production of new Bitcoin will be cut in half, thereby restricting the supply and resulting in a significant increase in the price of Bitcoin (at least that was the case for all prior Bitcoin halving events) of Bitcoin.

Was this Market Manipulation?

We should all be aware by now that market manipulation exists and this is especially true for the cryptocurrency market. Whether the above sequence of events was masterminded or simply a coincidence (some lucky investors were able to pick up Bitcoin at pre-2024 prices the day before the Bitcoin halving event), we may never know. But what we do know is that news of war causes volatility.

Is War Bad for Bitcoin?

News of war causes volatility and volatility is what fuels the markets. I guess it can be said that war is neither good nor bad for Bitcoin however, it's the news of war and the resulting volatility where opportunities can be found.

Join Us – As We Move into Run-Up Phase

It's official – The Bitcoin Halving has taken place and although Bitcoin has dropped back down to $64,000, it's at this point the crypto market begins to move into the run-up phase, a once-in-every-four-year opportunity.

There are many ways to invest in cryptocurrency, however at this phase of the market, the most popular is the buying and selling of crypto. However, it needs to be noted there are many other ways to earn (both actively and passively) from crypto projects.

If you want to know what we are buying, you are welcome to join us as we share our monthly Altcoin picks in anticipation of the upcoming bull run – Become a member to gain access.

Richard.

Lots of red in the market this week!

Today's Crypto Fear & Greed Index

Today's Crypto Fear and Greed Index = GREED –> Decreased to 66 (from 76 last week).

Bitcoin & Ethereum Price Movement

Bitcoin decreased 4.5% in the last week, currently trading at $64.090. In the previous 90 days, Bitcoin has increased by 23.5%.

Ethereum decreased 5.3% in the last week, currently trading at $3,070. In the previous 90 days, Ethereum has increased by 4.1%.

Global cryptocurrency market capitalization has decreased to $2.32T (from $2.62T last week).

Top 100 Gainers – Last 7 Days

Over the last 7 days, the biggest gainers (within the top 100):

Core (CORE) +28% – Ranked #57

Core (CORE) is a DeFi project on Ethereum, focusing on stability and user engagement through unique features like permanently locked liquidity, governance by CORE token holders, and innovative DeFi mechanisms like AMMs and flash loans. It aims to mitigate common DeFi risks and promote long-term ecosystem stability.

Celestia (TIA) +21.3% – Ranked #50

Celestia (TIA) is a modular blockchain that enhances scalability by separating consensus, data availability, and execution into distinct layers. This structure allows for flexible, optimized applications and sovereign rollups with their own governance. The TIA token is integral for staking, governance, and fees. Celestia aims to simplify dApp development while improving scalability and security, although it faces adoption challenges.

Arweave (AR) +12% – Ranked #53

Arweave (AR) enables permanent data storage on a decentralized network with a one-time fee, using a unique blockweave technology for enhanced security and accessibility. It operates on a Proof of Access consensus, rewarding miners in AR tokens for verifying data integrity. Despite facing scalability and regulatory challenges, Arweave aims to ensure the longevity and immutability of digital information.

dogwifhat (WIF) +10.7% – Ranked #37

Dogwifhat (WIF) is a meme cryptocurrency influenced by Dogecoin, aimed at fostering a fun and engaged community. It features:

Meme-Driven Community Engagement: Focuses on viral internet memes for promotion.
Inflationary Tokenomics: There is no supply cap, encouraging frequent usage and circulation.

The WIF token is used for transactions and community incentives. Challenges include high volatility and regulatory uncertainty. Success hinges on sustained community interest and relevance.

Biggest Micro-Cap Gainers in the last 30 days

We review and analyze small and micro market cap cryptos weekly, looking for the next low-cap gem. These are the best-performing (quality) micro-cap projects over the last 30 days:

Best Performing Quality Micro Caps (Last 30 days)

ALB +1,644% – Base DeFi Platform (Micro-Cap)
ZYN +788% – Africa's First native blockchain (Micro-Cap)
MAZZE +227% – Layer 1, 40,000 TPS, PoW-based DAG (Micro-Cap)

Meme Coins

We love to hate and hate to love meme coins. These projects are frowned upon by most serious investors because they don't have any intrinsic value however, meme coins are responsible for more crypto millionaires than any other sector in the crypto market.

If you are looking for the next 100x altcoin, chances are it will be a meme coin.

While highly speculative, the potential for meme coins can't be ignored. Like this person who invested $125 and turned it into more than +$1,000,000 (in just 4 days).

Or this person who tweeted this a few weeks ago:

Top Performing Meme Coins

Meme coins are continuing to perform very well in this market. The biggest meme coin gainer in the last 30 days has been …..ANDY ETH (ANDY) +20,649% (30d).

What is the Next 100x Meme Coin?

The next 100x meme coin is not a project you will hear about on Twitter, TikTok, or Facebook. If you already heard about it on social media, then it's already too late as the prime buying opportunity has passed.

The next 100x is going to be a project that you get into early, requiring you to focus on freshly minted, still 'dripping-wet' tokens and scoring those tokens against a set of specific criteria to identify the best one (before its even mentioned publically).

🚀 100x Meme Coin Strategy

This 100x altcoin strategy is a simple approach for identifying meme coins with +100x potential. This strategy requires an analysis tool like DexTools or Moralis to identify freshly minted projects against specific criteria like DEXT score, the age of the token, the change of experienced buyers, and other pertinent factors for determining the potential for +100x gains.

This article details specific steps, tools, and settings for this strategy.

Many analysts say the next +100x meme coins will come from the Solana and Base Blockchain.

Monthly Altcoin Pick

Last week we released the Altcoin Pick for April. If you would like access to this and future monthly Altcoin picks, consider becoming a member – It's only the price of a few cups of coffee a month.

Altcoin picks are emailed to members as soon as they are published. If you are wondering how we choose our monthly Altcoin Picks, this is the methodology we use.

Our Altcoin Picks for the prior months can be found here.

Thanks and appreciation to all our members!

Until the next report,

Richard.