Bull Run Saga (brc20 tokens will continue the rally upwards In 2024)
First time I saw the brc20 tag was when I opened Coinmarketcap & was like; “hmm!” how come is a complex category on the trending line”. @ First I didn’t really place much interest, until I witnessed “ORDI” a meme-coins pump to the roof.
Okay now I’m interested and as usual (for those of us addicted to fundamental analyses) went back to “coin market-cap” to check this new category out.
It turns out this undiscovered blue chip category is bound to make serious noise in this upcoming Bull Run. My reason for being extremely bullish on this ecosystem is simple. So sit down, chill, see this article as an unopposed debate, and enjoy a layman's precise proof of what a fellow “Bitcoiner” like u thinks about this hot blockchain space.
Proof 1
We can all agree that “BRC20 “is relatively new to the exposure of a bull circle, like it has never experienced one b4. Even the so-called metaverse and nfts are more like a senior brother in this scenario, so the chance of brc20 busting into a mega bull run backed with the anticipation of feasible institution money flowing in, stands as a key factor.
Proof 2
Unlike Erc20, trc20 etc: the brc20 tokens are built on the original block chain network and bitcoin remain the king of this bull run, so as far as the “Crypto-God” keeps his kingship titled as the boss with the largest market share, the category will surely hit the roof.
Proof 3
With all the community noise brc20 ecosystem has been making over the last few months, you won’t believe that at least 70% of its promising projects are still chilling at the “Low market cap” range.
Proof 4
Angry bird syndrome: The system is preparing to enter the stage with so much annoyance like “If ethereum ecosystem can give birth to so many projects why won’t a Brc20 blockchain brag about such an entry next year.
Proof- 5
On a common ground we all know that big exchanges only list coins they have declared their rightful spot in the crypto space. Obviously there are millions of good coins out there, but for some unknown force driving the credibility of the brc armies, the leading brc boys are being listed on exchange like binance despite being a relatively new baby. This alone is a sign that “brc20” is angry that it missed the previous Bull Run.
Proof-6
As we can see, the ecosystem comprises all aspects that should trend in this Bull Run including: swap, defi, nft, meme, gamefi and the rest. When a single category decides to present itself in the market with so much utility and yet hasn’t even surfaced before, betting on such a token shouldn’t be a matter of debate.
So yes “BRC20 is relatively new, but the fundamentals around the ecosystem are as old as when the Bitcoin white paper was first released. This only remains a number one green flag for the brc20 hype in this coming Bull Run.
Like even if you choose not to relate with this sector, don’t forget the ETF approval will also affect the massive increase and exposure to bitcoins blockchain network. For newcomers willing to dive into the crypto space after the ETF approval, I think it will be easier for them to trust the block chain of the leading crypto in the ETF Game than a native extended altcoin.
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