Crypto Bull Run Set to Start in October 2024, Says Lady of Crypto
Lady of Crypto, a well-known crypto trader, investor, and fundamental analyst, observed that the most exciting phase of a bull market typically lasts around 12 months. She noted that during the 2017 bull run, the market surge began in December 2016 and continued for 11 months. Similarly, the 2021 bull run started in October 2020 and lasted for 13 months. In both instances, the major market upswings began in the fourth quarter (Q4). According to her, this pattern suggests that the real bull run
During the 2021 bull run, many investors profited significantly from meme coins, only to cash out at the peak and shift their funds into utility coins (those with real use cases). However, when the market turned bearish in 2022, many of these investors faced substantial losses.
Meme coins often deliver explosive returns but tend to vanish in bear markets. In contrast, utility coins generally yield lower profits but maintain their relevance, even during downturns. If a utility coin falls back to its pre-bull market price, it still retains its utility and potential benefits. For those who bought in before the bull run and took profits, there’s no need to reinvest during the bear market, as they can continue to benefit from staking rewards and airdrops.
This is why I emphasize the importance of balancing your portfolio by investing in both meme and utility coins. While meme coins may provide the potential for 100x and 1000x returns, utility coins offer stability and ongoing rewards, even after the excitement subsides.
Examples of established utility coins include Ethereum, BNB, Solana, TRON, XRP, DOT, Avalanche, Polygon, Algorand, Cardano, and Cosmos, TON all of which were strong projects before the 2021 bull run. New utility coins like Arbitrum (ARB), Optimism (OP), Sei (SEI), Sui (SUI), Kaspa (KAS), TIA, and Injective (INJ) have also emerged.
Instead of expecting massive gains from utility coins, aim for more modest profits—doubling or tripling your investment is realistic. Focus on holding a diversified portfolio; don’t allocate all your capital to meme coins. Remember, the goal is to profit during the bull run and continue earning afterward.
Cryptocurrency will persist beyond the bull run. When the noise subsides, many will return to utility coins, but by then, it may be too late to capitalize on their potential.
Lumia has recently migrated from Ethereum to its own blockchain, Lumia Chain, marking a significant transition for the project. Although this migration has not yet impacted its price, Lumia is now positioned as an on-chain cryptocurrency.
Currently, Lumia has a market cap of approximately $300 million, which pales in comparison to other established blockchain projects like ARB, OP, and KAS, each boasting market caps exceeding $2 billion. This disparity may be due to Lumia's relatively new presence in the market and its current price of around $1, which has not yet gained the traction seen by more established on-chain coins.
However, if Lumia achieves a market cap of $2 billion—a plausible target—it would drive the price up to $8, representing an eightfold increase from its current value.
Lumia, launched by Orion, is the new liquidity layer of web3, designed to unify decentralized (DEX) and centralized (CEX) exchange liquidity, creating core infrastructure for efficient, scalable DeFi solutions. With a community-driven approach, Lumia envisions a multi-chain liquidity network where all participants share in the ecosystem's rewards, establishing a decentralized foundation for the future of finance.
✨ Binance announced the relaunch of Binance Connect, enhancing its fiat-to-crypto service for Web3 projects with support for over 100 fiat currencies and 300 cryptocurrencies.
CATS on first day is trading around $0.00016 and $0.0002 is not a fair price given that it has almost same Total Supply with DOGS which traded at around $0.0016 and $0.002 on first day.
To be fair, CATS should be trading at around $0.0014 and $0.0018 on day one. What will the future price of CATS if it recovers.
It is currently 100 million MC at the price range of $0.00016 as at the time of writing.
DOGS is currently at 360 Millon MC, so let's not over estimate, if CATS should reach 50% of DOGS MC which is about 360 million, that that will be 180 MC, which is very possible, placing it around the price of $0.00025 or above say $0.0005.
Your portfolio should ideally include all three categories. 𝐋𝐨𝐰-𝐑𝐢𝐬𝐤 𝐀𝐬𝐬𝐞𝐭𝐬: These typically include established ecosystem and blockchain coins like Bitcoin, Ethereum, Solana, Ton, and Sui. They offer more stability and less volatility.
𝐌𝐞𝐝𝐢𝐮𝐦-𝐑𝐢𝐬𝐤 𝐀𝐬𝐬𝐞𝐭𝐬: These assets tend to be more sensitive to market fluctuations but often rebound quickly after a dip. Examples include Kas, Tia, and Dot.
𝐇𝐢𝐠𝐡-𝐑𝐢𝐬𝐤 𝐀𝐬𝐬𝐞𝐭𝐬: This category primarily consists of meme coins that lack real utility or use cases, such as Hmstr, Dogs, and Cati.
As a beginner, it’s advisable to start by investing in low-risk assets before gradually moving to higher-risk options. In fact, the majority of your portfolio should be allocated to low-risk investments to ensure stability as you learn and grow in the crypto space.
Hamster Kombat $HMSTR will be listed across many exchanges including Binance on the 26th September, 2024, although no Airdrop allocation yet, but here is a prediction of the price of HMSTR on the launch date based on 100 billion total supply and from 300 Millon market cap to 1 billion market cap.
From this, the average price is $0.0065, which will place it at around 600M market cap. So it is safe to say, HMSTR will trade between $0.01 and $0.006 on day one of listing.
$FET is an AI coin own by a Cambridge -Based AI company. Currently two other AI companies (SingularityNet AGIX and Ocean Protocol OCEAN) are forming a merge with FET to produce a single coin called Artificial Superintelligence Alliance ASI, although the coin is not yet launched, but holders of AGIX and OCEAN have been asked to swap their tokens to FET, this could be the reason FET is surging in price of over 70% in a month.
As these three powerful AI companies are teaming up to produce a single coin, it could only mean that the coin ASI will blow up this bull run. Although details of ASI have not been released yet, but if it has same supply as FET, which has a total supply of about 2.7 million and a market cap of about 4.4 billion, given it's current price of $1.7 it will have to reach a market cap of 261 billion to hit $100 which is about 59×, of which is very possible due to the merge.
This price target is very feasible in my opinion, although it's a speculation.
Kasper (KAS), an on-chain cryptocurrency with a maximum supply of 28 billion and a circulating supply of around 24 billion, has been making waves in the crypto space.
With a current market cap of $4 billion, KAS has already surged by over 3,900% since 2023.
But the big question is: can it reach $2 in this bull run from its current price of $0.166?
Hitting this target would place its market cap at $48 billion. Is this achievable?
Let’s explore by looking at similar projects that have achieved massive growth in previous bull markets:
1. Polkadot (DOT): In November 2021, Polkadot reached a market cap of over $50 billion, with its price peaking around $55. It had a market cap of just $4.5 billion in 2020. If Polkadot, with an infinite maximum supply, could scale from $4.5 billion to $50 billion, there's a strong argument that KAS, with its more limited supply, could follow a similar trajectory.
2. XRP: XRP hit a market cap of $83 billion in April 2021, with its price reaching $1.96. In 2020, it had a market cap of just $9 billion. This exponential growth shows that significant gains are possible for established projects in bull runs, and KAS could replicate this.
3. Cardano (ADA): ADA's market cap soared to $90 billion in 2021, up from just $3.6 billion in 2020. Like $KAS, ADA's early market cap was relatively modest before it experienced explosive growth.
Other notable mentions include Shiba Inu and Dogecoin, meme coins that also achieved astonishing market caps during bull markets, despite their lack of fundamental utility.
If these cryptocurrencies, many of which have larger supplies than KAS, could achieve such market caps, it’s certainly within the realm of possibility for Kasper to reach $2, or even beyond, in the upcoming bull run.
With Catizen $CATI launching soon on Binance LauchPool and listing on the 26th of September, many are already curious what the price will be even after being disappointed with the just concluded airdrop allocation of which people got as little as 2 CATI after spending 40$ and more on the Airdrop activities.Let's take a look at the possible prices of CATI from 300M market cap to 1 billion market cap.
Market Cap$ Price $ 300 million 0.30 400 million 0.40 500 million 0.50 600 million 0.60 700 million 0.70 800 million 0.80 900 million 0.90 1 billion 1.00
We can see that on the average #CATI might just be listed at $0.65 with about 600 millon market cap.
But let's go a little dipper since community members now liken the Airdrop disappointment to #Pixelverse PIXFI, which have 5 billion total supply.
Using same calculation for #PIXFI which is already listed, the average listed price would have been $0.13, but we noticed that when it was listed PIXFI price went as high as about $0.1 from $0.018 which is 455% pump.
So using this to determine the price of CATI we could say that price will touch about $3 from $0.65.
If this happens an average user will be getting about $6.
Hamster Kombat $HMSTR will be listed across many exchanges including Binance on the 26th September, 2024, although no Airdrop allocation yet, but here is a prediction of the price of HMSTR on the launch date based on 100 billion total supply and from 300 Millon market cap to 1 billion market cap.
From this, the average price is $0.0065, which will place it at around 600M market cap. So it is safe to say, HMSTR will trade between $0.01 and $0.006 on day one of listing.
💥 Historical data from previous halving years (2016 and 2020) shows Bitcoin's consistent price growth across the months of October, November, and December.
💥In those years, Bitcoin experienced an average Q4 price increase of 38% in 2016 and 16% in 2020, leading to an overall average pump of 27%.
💥If Bitcoin follows this pattern and sees a 27% surge in Q4 of this year, it’s highly likely that the price will hit $70,000. With bullish momentum, there’s even potential for Bitcoin to cross the $100,000 mark.