After Bitcoin's Rise: Experts Say Altcoins with "Strong Fundamentals" Will Lead the Rise
Click on the avatar live to watch the live broadcast and chat!
One of Martinez's most recommended projects is Worldcoin (WLD), which is led by OpenAI CEO Sam Altman. The project, which was renamed World Network in October, mainly uses eye scanning technology for identity verification and global financial integration. As of writing, the WLD token is trading at $2.70.
Another decentralized exchange Uniswap (UNI) also received a mention, which is one of the pioneers of DEX. The UNI governance token is worth $16.43 today. He then mentioned that AAVE, one of the pioneer decentralized lending protocols running on the Ethereum blockchain, has taken the lead. AAVE has risen about 2% in the past 24 hours to $378.59.
He also recommended Chainlink (LINK), known for its decentralized oracle network, which provides a decentralized and reliable communication method for smart contracts to utilize when exchanging data. According to the CNF report, the value of the LINK token is hovering around $27.84, and the analyst expects the bullish momentum to continue. Maker (MKR) is another altcoin he prefers due to its significant contribution to the DeFi space. The MKR token is currently trading at $1,750.75.
Martinez is also bullish on Solana (SOL), which is often called one of the Ethereum challengers due to its scalability and ecosystem growth, and is currently trading at $218.01. Last but not least, he mentioned BNB, the native token of the BNB Chain ecosystem, which is trading at $719.18 today.
Despite the recent breakout of the $108,000 price of BTC, BitMEX founder Arthur Hayes predicts a major Bitcoin crash. He predicts that the cryptocurrency market will crash on January 20, 2025, as Donald Trump begins his presidency. In a recent blog post, “Trump Truth,” Hayes predicts a “bad crash” for Bitcoin and altcoins. As a result, he recommends buying more Bitcoin during the decline, urging investors to “lick their wounds and get back on their feet.”
Click on the avatar live to watch the live broadcast and chat!