The more the weeks pass, the more the perception that the cryptocurrency market is sailing towards a more mature evolutionary phase consolidates in me. A bit like when our planet Earth was created, for the first billion years fluid, magmatic and with enormous upheavals.. Then slowly the surface began to solidify, the first forms of life began, swept away by other upheavals, but then promptly replaced by other forms of life, towards an ever greater stability..
Well, what we are seeing in recent years is that what was initially perceived many years ago as a vague speculative opportunity for its own sake has now begun to be used massively at both an industrial and government level. And assets are starting to be valued for their real utility, as well as just for their speculative hype.
In this sense, in the medium and long term I expect a heavy filter towards those assets that in fact, in addition to their purely speculative appeal, no longer have solid foundations of real utility in the daily lives of large users. And I expect a progressive reorganization and realignment of the prices of these assets too, towards values more weighted also on the basis of their real utility.
In this perspective, I have many doubts for example about the future of the various MEME coins, which are still estimated to be in exponential growth: will the various #SHİB or #PEPE or #BONK .. really have a future, if at the end of the day they continue to be ends in themselves?..
It certainly costs me very little, for not knowing how to read or write, to keep my current humble 5,000,000 #PEPE in my wallet: who knows….🤷🏼♂️
However, for my future investments, focusing for example only on cryptocurrencies that are still under $1 today, therefore still with strong speculative potential, I will tend to filter only those that have or declare to work for services of real tangible utility. My personal bets (and I underline both the word personal and the word bets) at the moment are going on:
- #BTTC : who knows if they will ever really continue with it as many hope; however it costs so little and is still going in a direction of utility such that throwing 50-100€ into it and forgetting about it is fine..
- $DOGE : it remains a “mother” reference among MEMEs with strong speculative potential. However, it is useful for diversification.
- $XLM $VET highly undervalued and with significant development potential in my opinion
- $TRX $HBAR : see above
- $ADA: the big unknown.. For its assumptions and role, it would be super undervalued at the moment. But on stand-by for too long... However, it could be precisely that bet with less hype, but very concrete.
Everything always IMHO 🤗