According to Experts, Bitcoin Will Support Memecoins

Memecoins will not lead the bull run in the cryptocurrency market this year.

According to experts attending the Next Block Expo event in Poland, Bitcoin (BTC) will continue to shoulder memecoins and other altcoins in this bull run.

Adrian Zdunczyk, founder of Birb Nest, reminded how much the price of Bitcoin rose after the halvings in previous years:

Zdunczyk said that Bitcoin gained 3,000% and 700% in value after the halvings in 2017 and 2021, respectively, and stated that Bitcoin is likely to perform well this year as well.

Ben Yorke, one of the managers of crypto exchange WooX, said that with the US and Hong Kong approving spot Bitcoin ETFs, legal uncertainties regarding cryptocurrencies have decreased and "This makes them a very attractive option for the young population around the world." said.

Miko Matsumura, partner of investment fund Gumi Crypto, expects more capital to enter the market thanks to the infrastructure solutions developed for Bitcoin.