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Which alts can be held long term and ignore Unfavourable Information?
First of all, Dogecoin (DOGE) is definitely one of them. It's just a matter of time before Dogecoin breaks new highs, especially after Musk takes office as the DOGE Minister in January next year, he will definitely mention Dogecoin repeatedly. So there is still room for its rise. If you think the cost performance is not high, you can consider PEPE or Floki.
PEPE's logic is very simple, and the community consensus behind it is very strong. The most crucial thing for meme coins is the community effect, and PEPE happens to have this advantage, so its position in the meme sector is also very stable. In the short term, I still think it can rise fivefold.
Floki is also a project worth considering, the biggest advantage is that the project party is very willing to spend money on promotion. For example, billboards, CCTV news appearances, all of which can bring in a lot of traffic. Moreover, Floki holders can also receive airdrops. In the last airdrop, 4% of CAT profits were distributed to Floki holders, and now they are going to distribute MONKY airdrops. This kind of project understands how to give back to the community, not only can help you earn gains, but also regularly send airdrops, which is very user-friendly.
In addition, projects like Ondo in the RWA sector, as well as Aave and MKR in Defi, are also worth paying attention to. Currently, these projects have benefited from Trump's popularity. Buying their positions has resulted in decent price increases for these coins recently, indicating that they may have further upside potential in the future.
Finally, there is the AI sector. Although the overall performance of the AI field is not outstanding, coins like FET still have the opportunity to double. If you think FET is too outdated, you can also consider ACT, which combines AI and meme concepts, and its potential is also good.
I hope this article can provide you with some practical reference and help you avoid detours in cryptocurrency investment.
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