Yesterday was a memorable day. A lot of things happened to make it one to remember, but then I'd focus on just one. A long awaited day for a lot of people interested in crypto. It has been a 4 year wait, but the halving finally occurred. I wasn't even paying attention at that moment, just received a notification that the halving was done. I don't know why, but at that moment I was just expecting to see a spike in the chart and for all the coins pumping outrageously, lol. But of course that didn't happen. BTC has pumped a little, but then not really anything special.
The halving just came and has passed so quickly, now we have to wait for another 4 years till the next one. I am not old enough in the crypto space to know how the market is after the halving, but a lot of experts have suggested that after the halving there'll be a pump.
I am not even sure if we are in the bull market yet, cause a lot of people speculated that the bull market would be really great for a lot of coins, especially those with good narratives. Some believe the bull is yet to start and others believe that it has started and we are just in the beginning. I personally believe it is just starting because since the year began there's been a lot of pumps, and so many new projects are being released by the day, the entire crypto market seems fairly optimistic and we even had that time when BTC was pumping so much and the greed index was as high as 80+
At the moment thought there's not been too much action. BTC has been wobbling around the 60k to 65k region since the major dump before the halving. And if you look at this general chart by Banter Bubbles almost all the top 100 coins are in the green on the weekly chart.
But then on the daily chart, though you'd see that there's not really much movement, and other than the small pump that happened to most coins on 4/20 (halving day), there's nothing special. Most are red but with little dips.
I am not usually a chart watcher, but the halving has got me checking regularly.
When the bull run gets into full swing I am expecting a couple of coins to pump, and I've been buying some of them when I have spare cash. Note that this is not financial advice and you should do your own thorough research. Some of the coins I've been buying are:
Solana, the ecosystem has been flourishing of late so I'm pretty bullish on them I have also bought some tokens on the chain like Jupiter, Wen, bonk and Ponke (3 of them are meme coins I think have potential, and Jupiter is the biggest dex on Solana so not having their coin feels weird.)
Then I've also been looking at Ton. I have no idea how they managed to get so much value in next to no time. But then they're building on one of the biggest social media so they have lots of backing. I have a feeling they will be something in the future and have been trying to get some whenever I have spare funds.
And then there's one more that's super speculative and that's the Gaimin token. One of my friends made some money from their airdrop and that's how I first learnt about it. I listened to some of their Ama's and the team really seemed interested in building something. And they have good backing too, which is always a plus.
There are so many coins to bag and so little funds but so far I have been making it work. Looking forward to seeing what happens in the market next. It'll be really interesting to see. As for my first love, hive, there are not many bullish indicators that I can see, but that has never stopped Hive from thriving. Let's see what happens.
Cover image created by me using Nightcafe
