“The Next Bull Run and Four Altcoins to Watch“
The Next Bull Run
Miles Deutscher believes that we may be in the psychological stage of disbelief as the first stages of a new bull run are underway. Despite this, another dip is expected, which could provide a great entry opportunity. Additionally, spot ETFs and the Bitcoin halving are on the horizon, indicating that the next bull run is imminent.
Cardano (ADA)
Cardano, founded by Charles Hoskinson, is a top 10 project by market cap. The project offers a wide variety of use cases, including partnerships with companies like Dish Network and Veritree. Cardano’s Voltaire era is coming soon, promising a transition from private to public network control. The ADA coin experienced both an increase and a decline in price over the last month and year-to-date but is expected to do well in the upcoming bull run.
Solana (SOL)
Solana faced challenges earlier this year but has shown resilience by bouncing back and breaking the $45 barrier this week. With various partnerships and new developments, including integration with Google’s BigQuery, Solana is bustling with activity. The chain is ranked fourth for the number of developers, indicating a bright future for Solana.
Arweave (AR)
Arweave offers decentralized storage with unique features such as permanent storage on its Permaweb. Integrated with various platforms like Solana and Polygon, Arweave provides different tech solutions for storage. Despite fluctuations in its token price over different time periods, Arweave remains a solid long-term investment.
Secret (SCRT)
Secret Network focuses on privacy and offers private smart contracts. With recent leadership changes and a roadmap outlining improvements in areas like confidentiality and network infrastructure, Secret is making significant strides forward. Its move into EVM is seen as a game-changer for them.
Hot Take: Altcoins Poised for Growth
As the next bull run looms closer, altcoins like Cardano, Solana, Arweave, and Secret are poised for growth due to their unique offerings and promising developments.