Recent political developments, such as the increasing likelihood of Trump becoming the next US president, have contributed to this shift in market sentiment. The market’s current phase is primed for gains, and now might be the last chance to enter before the most volatile part of the bull market begins.
On Crypto Banter’s Rans Show, the analyst said that if you are waiting for the market to retest certain levels or break out above specific points, the market has a clear message for you: this recent dip and correction should be the only signal you need.
The analyst explained the importance of investing in Layer One blockchains, which serve as the foundation for decentralized applications. His picks are:
Sui and Aptos: Both platforms have shown promising potential. The analyst prefers Sui, highlighting its strong traction.
Arweave (AR): Known for its decentralized storage solution, Arweave has indexed about 15% of the internet’s pages. Currently priced at $30, the analyst projects it to reach $80. Despite possible short-term fluctuations, the long-term outlook is bullish.
Artificial intelligence (AI) is revolutionizing various sectors, including crypto. The analyst suggests:
Base Protocol: Touted as the top AI play, Base offers significant potential for those willing to take calculated risks.
Near Protocol: Another strong AI contender, suitable for investors with a high-risk tolerance.
Tokenizing real-world assets is a rapidly growing trend. His key picks include:
Mantra: Identified as a leading player in real-world asset tokenization, Mantra is making notable strides, including a new USDY vault and strategic deals in the UAE.
Axelar: Positioned as an interoperability bridge, Axelar could capitalize on the potential $16 trillion market for tokenized assets by 2030.
The analyst also discussed the importance of cross-chain interoperability and decentralized finance (DeFi). His picks are:
Rune: A strong player in the cross-chain narrative, Rune offers impressive stats and growth potential.
GMX and Aerodrome: For exposure to DeFi and perpetual trading, GMX and Aerodrome on the Base protocol are recommended.
The gaming sector and memecoins also present high-reward opportunities. A diversified approach is suggested, with options like Pepe Coin and others that can be staked for additional returns.
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