Matrixport Sales Director: Halving may bring the last significant positive effect, optimistic about the subsequent development of Meme coin

At 8pm on April 24, 2024, Binance Chinese and Matrixport jointly hosted an AMA event titled "Double benefits for the crypto market? Bitcoin halving, Hong Kong Bitcoin and Ethereum ETFs coming". This event is the first phase of the joint AMA monthly event between the two parties. The main speakers include traditional financial practitioners, crypto KOLs and Web3 industry practitioners. HeHe, Sales Director of Matrixport, said: "The changes in market supply and demand caused by Bitcoin halving have always been the catalyst for the crypto bull market. Historical data shows that after Bitcoin halving, the price of the currency usually reaches a new high in half a year to a year and a half. Starting from the fourth halving, the impact of supply and demand changes caused by this event will gradually decrease, or it will bring the last significant benefit to the market. In the process of this round of Bitcoin price increases, we will also see the impact and challenge of Bitcoin ETF on gold ETF." Regarding the track that is optimistic about the second half of the year, he believes that "Meme leaders are worth looking forward to, and projects that are listed on the three major markets of Binance, Coinbase US, and Robinhood US at the same time will most likely become the market leader first. For non-professional traders, holding Bitcoin and following the general trend may be the best way to invest."