The Year of the Wood Dragon refers to the year of Jia Chen. According to the horoscope prediction theory, this is the combination of Jia Wood and Chen Tu. The sound is "Buddha Light", commonly known as the "Wood Dragon" life. 2024 is the year of the Wood Dragon, a year full of hope, opportunities and challenges. 2024 is the year of the Wood Dragon, which means keeping wealth. Among the five elements, wood is the first element, and water is the root of wood. Therefore, water and wood elements are the key to good fortune.
From a Feng Shui perspective, the impact of the Year of the Wood Dragon on the cryptocurrency market in 2024 is expected to be positive. According to Feng Shui and Chinese zodiac theory, the Year of the Dragon is seen as a year of innovation, wealth and adventure, qualities that echo the spirit of the cryptocurrency marketāā, This is directly related to the exploration and expansion encouraged in the Year of the Wood Dragonāā. The cryptocurrency market has experienced many pivotal moments over the past year, including major upgrades and price swings for Bitcoin and Ethereum, signaling the market's maturation. At the beginning of the Year of the Dragon, the price performance of Bitcoin and Ethereum was strong, and the total market value of cryptocurrencies also reached a new high, showing the market's positive expectations for the Year of the Dragon.
Although the market is open to the good fortune brought by the Year of the Dragon, there are still analysts who advise caution. The combination of traditional analysis and Feng Shui may provide a comprehensive perspective that helps investors be aware of potential risks while pursuing wealth growthāā .
In 2024, this website looks at the cryptocurrencies that we think can win steadily:
Bitcoin (BTC) is a top choice among investors due to its dominance and role as the digital gold standard.
Ethereum (ETH) is highlighted for its continued development, including improvements to scalability, security, and sustainability, which could drive its performance, and an Ethereum ETF is expected to be released in 2024.
Solana (SOL) has gained attention for its high throughput and low transaction costs, making it competitive in the dApp and DeFi space.
Oridinal (ORDI) is based on the BRC20 token standard, deeply integrated with Bitcoin, and takes advantage of the special functions of the Bitcoin ordinal protocol. Improve the utility of Bitcoin, including Bitcoin derivatives and NFT assets. Because it is an emerging asset, the risk will be higher than the former.
Render Token (RNDR) is a project that connects artists who need to render 3D media to a decentralized global network, providing near unlimited GPU computing power. This innovative approach aims to revolutionize the world of digital content creation by leveraging blockchain technology for a more efficient and accessible rendering process. As the demand for artificial intelligence applications increases, enterprises rent out the remaining computing power of GPUs to meet AI computing needs. Similarly, because it is an emerging asset, the risk will be higher than the former.
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