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- 🧪 How I Find Altcoins BEFORE They Explode
🧪 How I Find Altcoins BEFORE They Explode
Plus: All time highs!
Good Morning!
Markets are popping off, and there’s a lot to unpack. S&P 500 and Nasdaq are hitting all-time highs, XRP just ripped past Tether to claim the #3 spot in crypto rankings, and even Tron is flexing its muscles. Meanwhile, Salesforce made a 12% jump despite weak earnings, and the Euro is struggling to get back above $1.05. Oh, and Powell’s got a mic today—expect the markets to hang on every word.
Let’s get into it 👇
🌡 TradingLab’s Headline Roundup
Stock Markets
4th December, 2024
S&P 500, Nasdaq Rally to New All-Time Highs, Fed’s Powell to Speak Today
Salesforce Stock (CRM) Jumps 12% as Traders Shrug Off Earnings Miss
Powell's speech, Salesforce, French political woes - what's moving markets
South Korea stocks drop as opposition parties move to impeach President Yoon
Crypto
XRP Rips to Record Market Cap of $160B, Leapfrogs Tether for Third Place in Rankings
Tron Hits New High Above $0.43 Amid Broader Altcoin Surge
Coinbase Comes to Apple Pay - Is the Tech Giant Embracing Crypto?
Grayscale Files to Convert Solana Trust Into ETF
Commodities/Forex
Euro Struggles to Regain $1.05 as Dollar Traders Weigh In Ahead of Key Events
Dollar Index Steady Near 106.50 Ahead of This Week’s Nonfarm Payrolls Data
South Korea Political Tumult Could Sour Appetite for Korean Assets
DeFi: Pioneering Finance and Blockchain Integration
DeFi Technologies Inc. (CAD: DEFI & US: DEFTF) combines innovation and financial expertise to redefine digital asset investments. With $152M YTD revenue, zero debt, and Nasdaq ambitions, DeFi is unlocking new opportunities in the $3T crypto market. Discover why investors are taking notice.
📈 How I Find Altcoins BEFORE They Explode
Remember that YouTube video I dropped a few months back?
Yeah, the one where I flexed about catching Render (RNDR) at $0.57 before it moonshot to $7.31 (and climbing). If you haven’t seen it yet, trust me, you're missing out.
Let's revisit it because this strategy is pure gold.
Here’s the rundown:
Ride the AI Wave
The idea was simple: AI was booming, and I wanted a piece of that action in the crypto space. Enter RNDR, a standout in Crypto AI. Timing was key—I jumped in early, and the results? Chef’s kiss.Market Timing with the Bitcoin Rainbow Chart
This quirky little tool (yes, the one that looks like a 4-year-old got creative with crayons) accurately predicts Bitcoin's market zones. Spoiler: at the time of the video, we were still in the "still cheap" zone—prime time for accumulating.The Altcoin Season Index
This genius tool tells you if it’s Bitcoin or altcoin season. Spoiler: when it’s altcoin season, those 50x, 100x, and even 1000x gains are on the table. Use this index or risk playing blind.Finding Gems with TVL on DeFiLlama
Total Value Locked (TVL) helps spot undervalued projects. I compared coins with similar TVL but vastly different market caps—like Aura vs. Stader—and went for the one offering more bang for the buck.Stalking the Crypto Big Names with Arkham
Want to know what Ethereum's founder, Vitalik, is holding? Arkham makes it easy to track public blockchain wallets of big players. If they’re betting on a coin, maybe you should take a closer look too.
It’s a masterclass in stacking the odds in your favor. Each tool is valuable alone, but when combined, the results are like finding a cheat code in crypto trading.
Curious? Go watch the video—it’s packed full of insights.
Stay ahead, stay informed, and most importantly, stay profitable.
‘til next time,
TradingLab