The cryptocurrency craze of 2024 will revolve around memecoins and game tokens
Amid the dynamism of the cryptocurrency market, a prominent researcher named Layergg has offered his opinion on the sectors worth watching during the predicted bull run in 2024. Layergg's analysis sheds light on demonstrates potential catalysts and emerging trends that could drive significant price movements across various crypto tokens.
Analyst points to the growing importance of Layer 2 scaling
Layergg emphasizes the growing importance of Layer 2 scaling solutions, such as Optimism (OP), Arbitrum (ARB), Polygon (MATIC), Manta Network (MANTA) and Blur (BLUR). . These technologies were created to solve scalability issues as well as improve transaction speeds in blockchain networks, potentially catalyzing widespread adoption and driving up prices.
As Bitcoin (BTC) rises to the $52,000 price threshold, Layergg predicts a shift in investor focus towards the “BTC-Beta” token and projects related to Layer 2 and DeFi solutions.
Tokens such as Stacks (STX), Rootstock Infrastructure Framework (RIF), Bounce (AUCTION), ALEX Lab (ALEX) and Badger DAO (BADGER) are identified as potential beneficiaries of this trend, ready to reap the rewards. attract attention and investment capital flows increase.
Lunar New Year impacts tokens linked to the Chinese market
Layergg emphasized the importance of the Lunar New Year, signaling potential impacts for tokens with ties to the Chinese market. Notable examples include Nervos Network (CKB), VeChain (VET), VeThor (VTHO), LeverFi (LEVER), Qtum (QTUM), and Phoenix (PHB). These tokens may experience increased volatility and trading activity as market sentiment adjusts to cultural and economic factors surrounding Chinese New Year. The researcher highlighted the emergence of cryptocurrency projects focused on artificial intelligence (AI), identifying tokens such as Bittensor (TAO), Worldcoin (WLD), Akash Network (AKT) and Render Network ( RNDR) are potential beneficiaries. With AI technology gaining traction across various industries, these tokens are positioned to capitalize on the growing demand for AI-driven solutions, potentially driving prices significantly higher.
The entry of famous asset managers into DeFi
Layergg pointed out that the entry of prominent asset managers such as Ark Invest and Franklin Templeton into the DeFi space signals an important development for the crypto market. This influx of institutional interest could impact tokens in profitable sectors, including Lido DAO (LDO), SSV Network (SSV), Rocket Pool (RPL) and Mantle (MANTLE), as institutional capital is pouring into decentralized finance projects.
The craze revolves around memecoin and game tokens
Layergg predicts memecoin will receive renewed attention, with Pepe (PEPE), MEME, BONK and Floki (FLOKI) leading the way. Furthermore, tokens in the gaming sector, such as MAVIA, have been identified as potential candidates for an explosive growth trajectory. The combination of community-driven enthusiasm and innovative gaming mechanics has positioned gaming tokens to attract higher attention and potential price increases. Layergg's comprehensive analysis gives us a comprehensive view of the evolving crypto market landscape, highlighting key trends and stories to watch during the expected bull run in 2019. 2024. As investors navigate the complexity of this dynamic ecosystem, staying informed on emerging trends and potential catalysts becomes increasingly important in making investment decisions. insight.
