Log in

Market Analysis

This asset did a 42x, but here’s your next opportunity | July 13th

Updated: Aug 31, 2024
Published: Jul 13, 2023
0
Share:

Anyone can make money during a bull market. However, the pros are separated from the pretenders during the bear markets. 

Post Feature Image

What if we told you that one asset pulled a 42x increase since the start of 2023?

That’s right, a 42x smack dab in the middle of a bear market. That had to break a record of some sort.

Unfortunately, that’s now old news; that ship has sailed.

The good news is that there is a second chance at accumulating at lower prices and catching the next flight. 👀

Want to know all about that? Then, let’s dive in and see what the market offers!

TLDR 📃

  • We have our eyes on quite a few trading opportunities in the short term. All will be affected by Bitcoin’s price action, so you need to watch its price like an owl 🦉.
  • One asset pulled an impressive performance, but it’s now going down. We got you covered with a potential level to accumulate from. SPOILER: The asset is very volatile.
  • Bitcoin is still in the “what now?” territory - that’s indecision at its finest. However, our eyes stay on $32,000.
  • Instead of analysing the top 10 assets by market cap (excluding stables), we’re now introducing new assets and opportunities each week!

Ethereum | ETH

wp-image-277629

wp-image-277630

Avalanche | AVAX

wp-image-277651

wp-image-277626

Introducing the parabolic demon…

YTD (year-to-date), this asset has pulled a whopping ~4200% in gains - that’s 42x!

wp-image-277637

wp-image-277652

The asset we’re talking about is PENDLE.

It recently experienced a significant rise from $0.52 to $1.80 in just two weeks but later saw a crazy amount of selling pressure and closed last week’s candle in the red.

Fun fact, we invested in it in our Skin in the Game portfolio when its price was just $0.15! Check out our latest edition here (only for our pro members, though 👀)

Now, it is headed back to $0.52 to retest this level as support, and we view this level as a perfect place to accumulate from. Still, you need to know that this asset is very volatile - we’re talking 5% - 10% moves daily.

Now to the other interesting assets.

Solana | SOL

wp-image-277640

wp-image-277641

Shiba Inu | SHIB

wp-image-277638

wp-image-277639

TRON | TRX

wp-image-277644

wp-image-277645

Litecoin | LTC

wp-image-277633

wp-image-277634

GMD Protocol | GMD

wp-image-277631

wp-image-277632

Polygon | MATIC

wp-image-277635

wp-image-277636


Bitcoin | BTC

The king of crypto is still in the “what now?” territory…

As expected, the CPI numbers on the 12th came in positively. However, we haven’t seen Bitcoin moving too much since then. In fact, we’ll likely keep on moving sideways for a while.

Of course, that’s not exactly exciting, but it is what it is.

wp-image-277627

wp-image-277628

Bitcoin’s performance drives the performance of the rest of the altcoin market. 

Imagine having a perfect opportunity for big gains before you, only to see it go down the drain because Bitcoin is having a bad day. That would suck, right?

Well, that leaves us with two scenarios to expect in the short term:

1️⃣ Bitcoin breaks $32,000 and flips it into support. This could start another run up to $35,000 or even $40,000.

2️⃣ Bitcoin breaks $28,750, and the road to $25,150 begins.

Again, anything can happen!

Cryptonary’s take 🧠

Despite all the opportunities visible in the graphs, the market is still in a rough spot and there are no risk-free decisions. 

As far as we know, anything can happen, so keep that in mind when jumping on even the juiciest opportunities.

That said, we think Bitcoin will manage to break $32,000 and go higher, but only time will be the decisive factor. 

Action points 📝

  1. You must actively monitor Bitcoin’s price action in all scenarios. The market cannot perform well without the king’s say so 👑.
  2. If you aren’t into short-term trading? Try dollar-cost averaging; it might do wonders for you!
  3. Got questions? Hit us up on Discord in the “🌎・general” channel. We’re happy to help.

As always, thanks for reading.🙏

Cryptonary, out!


100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
This Week's Setup: 27th of October
Market Updates
This Week's Setup: 27th of OctoberIt’s a big week in markets, and you don’t want to miss what’s coming. The Fed meets, Trump and Xi ar...
7 min read
Oct 27, 2025
BTC, ETH and More: Breakouts Loom on Pennants, Key Levels Ahead
PRO
Market Direction
BTC, ETH and More: Breakouts Loom o...The market is coiling in pennants after the inflation beat. All eyes on major resistance and breakdo...
6 min read
Oct 24, 2025
Market Pulse: Softer Inflation Fuels Fed Cut Hopes
PRO
Market Pulse
Market Pulse: Softer Inflation Fuel...Inflation surprised to the downside, easing Fed pressure and sparking rebounds in both TradFi and BT...
3 min read
Oct 24, 2025