Cryptocurrencies may be about to enter the final phase of massive hyper-growth that has been dubbed the next bull market.
During the past bull market, my portfolio only grew to about $270,000 due to lack of experience.
However, now my goal is to increase this amount to more than ten times. #RWA #ai #DeSci #depin
Predictions regarding the all-time high (Bitcoin price) for the next bull market cycle are as follows:
Conservative target is $94,000;
The average goal is $130,000;
The cycle forecast peak price is $180,000.
These goals are predictions based on market trends and historical data, but you still need to pay attention to market fluctuations and risks.
Regulatory involvement is an important consideration when it comes to why the next bull market may be the last massive period of hypergrowth for cryptocurrencies.
Regulation is inevitable and will eventually have an impact on the market, and this is expected to happen at the top of the next bull market.
But that doesn't mean the market will never grow again, or that everyone will give up on it.
It is predicted that regulators may impose stricter supervision on new projects and that technical aspects will receive more attention.
Therefore, expect to gain the most from the upcoming bull market. According to estimates, the bull market may be in full swing as early as mid-2024.
Here are a few noteworthy narratives:
Real World Assets - RWA
In 2023, the area of asset tokenization and real-world assets has attracted significant interest from retail and institutional investors.
This can be attributed to the attractive blend of professional management products and digital asset mechanisms.
The involvement of large enterprises has given people more and more confidence in this industry.
RWA acts as a conduit for tangible and intangible assets in the physical world, making them accessible in cryptocurrency.
DeSci is a movement to build public infrastructure that promotes the fair and equitable funding, creation, review, certification, storage and dissemination of scientific knowledge.
DeSci envisions an ecosystem that encourages scientists to collaborate openly and gain recognition for their research to promote accessibility and contribution for all.
Here are the drivers of six scientific challenges that DeSci could potentially alleviate.
Innovative DeSci addresses many challenges present in traditional science.
Consider this compilation a brief summary of a handful of these issues.
DeSci is actually bigger than people think.
➜ $LAKE - A global medical data donation system that uses blockchain technology to support medical research and artificial intelligence.
➜ $SOLVE - Healthcare platform redefining care coordination through blockchain.
➜ $VITA - The first Dao to start a biotech company focused on funding longevity research.
➜ $GENE - Private and auditable monetization of genomic data using DeFi.
These are just some interesting examples.
Artificial Intelligence-AI
The beauty of artificial intelligence is its ability to recognize patterns. While the idea of decentralized currencies in the cryptocurrency world is exciting, there are currently some flaws in its execution.
However, the two technologies have the potential to form a strong connection.
The potential for applying artificial intelligence to cryptocurrencies is truly limitless.
Although there is already a lot of hype about artificial intelligence projects in the market as early as January 2023, and some projects have made significant progress, we are still in the early stages of development.
Fusion of these two technologies can push both fields to new heights. It’s worth noting that just a few years ago, opportunities in cryptocurrency and artificial intelligence were quite limited.
Decentralized Physical Infrastructure - DePIN
DePIN leverages blockchain technology to bring millions of people together, enabling the deployment and management of trustless and permissionless infrastructure while also being programmatically driven.
Although DePIN is currently still a relatively small and emerging area in the cryptocurrency industry, it has huge potential for growth.
This model has the ability to create more robust networks across various industries including telecommunications, energy, mobility and storage.
DePIN's goal is to break the limitations of traditional centralized infrastructure and achieve more efficient and secure infrastructure management through a decentralized approach.
DePIN's blockchain technology provides participants with greater transparency and traceability, making the operation of the infrastructure more fair and trustworthy.
As DePIN continues to develop and be applied, we can expect to see it have a profound impact across various industries, providing people with more reliable and sustainable physical infrastructure.
The DePIN division aims to solve fundamental world problems using blockchain, token incentives, and the Internet.
Its potential market value is about $2.2T (real world) and may reach about $3.5T by 2028, which is much larger than the current cryptocurrency market cap.
GameFi
The gaming industry is experiencing tremendous growth, with industry giants such as Ubisoft, SquareEnix, ATVI_AB and others now showing a preference for blockchain-based games more frequently.
GameFi or Web3 Gaming is the gateway to cryptocurrency for the average gamer.
With over 2.7 billion gamers of all ages around the world, it’s clear that the gaming industry cannot afford to ignore the mass adoption of cryptocurrencies.
Blockchain-based games are not only entertaining, but also educational, and can even cultivate children’s financial knowledge from an early age.
A few examples of interesting projects:
➜ $PRIME - Ecosystem for Parallel TCG and Parallel Colony Games
➜ $CROWN - Innovative virtual horse racing ecosystem
➜ $EPIK - Aims to be the global leader in brand and digital merchandise integration
DeFi 3.0: Lending, Perpetual Contracts and Liquidity Mining
DeFi 3.0 will become the foundation of the DeFi industry in the next few years.
Since the beginning of the last bull market, the DeFi market has experienced significant growth, giving rise to various diverse ecosystems.
I believe lending and perpetual contracts will be the main areas of focus to provide users with maximum capital efficiency.
At the same time, liquidity mining will also play an important role and with the influx of new traders, a large amount of revenue will be generated.
While other narratives may demonstrate their strengths in bull markets, it’s important to prioritize those industries that drive mass adoption and drive progress.
