?>

Next Bull Run Is Different From 2021: Market Focus Shifts From Metaverse, NFT and P2E to AI, RWA and DePin

86 views
Default Post Cover

Among a few important discussions, one matter that people across the crypto market are discussing is ‘the next crypto market bull run.’ Although no one is certain for when the event could occur, it is anticipated that this time it is going to be massive. Other than being the biggest, this bull run is different from the previous ones in terms of the sectors that will lead the rally. 

The bullish and bearish phases are common phenomena due to the crypto market’s cyclical nature while moving forward. Historically Bitcoin (BTC) price movements have ignited and sustained the bull runs but gradually the dependency shifted to other altcoins, sectors and narratives. 

A glance in the past cycles shows BTC price first saw a massive jump in 2011 when it rose from $0.8 to $36 due to new traders entering the market and pouring money. Later in 2013, Bitcoin sustained $50 price levels and later hit the $1,000 mark for the first time. 

Fast forward to 2017, Bitcoin price surged from $1,000 to $6,500 and made the highest peak at $19,666. Eruption of initial coin offerings and performance of Ethereum (ETH), and newly launched Filecoin (FIL), Tezos (XTZ), Polkadot (DOT), Cosmos (ATOM) and few others pumped the market to unprecedented levels. 

After a long bearish phase, the crypto market rebounded in 2021 where the Bitcoin price rose to insane levels of $69,000. Global crypto market hit $3 Trillion for the first time and every other asset rallied to their highest trading prices: ETH at $4,000, SOL hit $260, BNB reached a high of $650, ADA at $3 and so many others. 

The highlighted sectors of this bull run were frenzy around non-fungible tokens (NFTs), metaverse, gameFi due to play-to-earn (P2E) among others. However, almost none of these trends are relevant today since much more mature narratives make it to space and spread all over. 

The major advancements in the crypto and blockchain space in terms of functionality and scalability is attracting institutional interest as well as acceptance as it can be seen from increased investments. The clarity on regulations also boosts optimism in the burgeoning asset class. 

These trending narratives including artificial intelligence (AI), real world assets (RWA), and decentralized physical infrastructure networks (DePIN) are gaining significant traction from investors and crypto enthusiasts alike. So much so that these are likely to drive the upcoming crypto bull run along with Bitcoin and major altcoins. 

Clearly the AI, RWA, and DePIN are going to carry out the next bull run and the native tokens have proved it. The price performance of few tokens belonging to these sectors drew the attention of investors and they are among top gainers of this year. The number of projects in these sectors are growing at a rapid pace that end up increasing confusion when it comes to picking a potential project. 

Based on the analysis, here are leading tokens belonging to each of these sectors that we found, are going to lead their native sectors.GameGPT (DUEL), Landshare (LAND), and Arweave (AR) are the leading AI, RWA and DePIN sectors respectively and likely to drive the growth in the coming bull run. 

GameGPT (DUEL)

AI-driven cryptocurrencies are currently in the spotlight, with GameGPT ($DUEL) emerging as a standout during the altcoin season of 2024. By merging artificial intelligence with blockchain technology, $DUEL aims to revolutionize the gaming sector through AI-enhanced game development.

Within the vibrant field of AI cryptocurrencies, GameGPT sets itself apart with its innovative approaches and distinctive features. Founded in 2020, this AI-based game development protocol is designed to transform the gaming industry by incorporating AI into the game development process. The $DUEL token plays an essential role in over 10,000 games, improving programming and economic structures, facilitating community votes, in-game features, and transactions within the GameGPT ecosystem.

GameGPT leverages AI strategies to accelerate game development and make creation more accessible, establishing itself as a leader in blockchain gaming innovations.

Recently, GameGPT formed a strategic alliance with Hydro Protocol on the Injective network, strengthening its position at the intersection of blockchain and advanced gaming technologies. To celebrate this partnership, GameGPT initiated a special $DUEL token airdrop for the Hydro Protocol community, incorporating partnership-themed quests to enhance user engagement.

Support from renowned companies like Animoca Brands, CoinFund, and Polygon, as well as partnerships with top gaming titles, have reinforced GameGPT’s robust foundation. The impressive performance of the $DUEL token rally has notably boosted my investment portfolio, affirming my position in the growing AI cryptocurrency market.

The recent market downturn affected the AI sector and DUEL token received the same treatment. Still the token broke the downside streak and saw 6% increase in the weekly timeframe, sustaining at $0.0044 at present. As the AI narrative continues to grow the market share, DUEL is in the position to get going matching the pace. 

Landshare (LAND) 

Real world assets (RWAs) are taking the front of the cryptocurrency market. Tokenization of assets is becoming popular and many projects are emerging within the space providing ultimate values and unique propositions. In the tokenization real estate industry Landshare has played a significant role. 

The innovative approach of offering fractional ownership of real estate assets through blockchain technology has drawn investors eager to tap into the profitable real estate sector. The RWA sector is swiftly growing in the fast-paced cryptocurrency market, driven by a broader trend towards asset tokenization across multiple sectors. 

LAND, the primary native token of a leading tokenized real estate platform, has grown substantially in this dynamic environment. This growth has proven highly advantageous for investors. Landshare has been at the forefront of blending blockchain technology with real estate, enabling property investments starting at only $1. This model provides investors with fractional ownership of real estate properties, thus transforming the real estate investment scene.

Landshare has successfully employed the LAND token in transactions, as evidenced by the successful sale of four tokenized properties on the Binance Smart Chain (BSC). This demonstrates Landshare’s robust operational strengths and readiness for wider market integration. 

This momentum and ongoing enhancements at Landshare have strengthened the platform’s distinct role in addressing the inefficiencies of the traditional real estate market and affirmed my investment decision, offering significant growth and passive income possibilities in the crypto market.

LAND token was no exception to experience a dip recently when the broader crypto market took a plunge. The token price slid from the yearly high of $7 to $1.8 within a few months. However, it possesses the potential to benefit from the market conditions getting better. It is trading at $2.1 jumping 15% within a week showing the token was among the leading tokens to chase the market optimism. 

Arweave (AR)

Arweave represents a pioneering approach to decentralized data storage, positioning itself within the sector as a leader in permanent, sustainable data storage—a concept it terms decentralized physical infrastructure network (DePIN). Unlike traditional data storage solutions that rent space, Arweave allows users to pay a one-time endowment, ensuring data is stored forever without recurring fees. 

This model is particularly valuable for archiving important data such as academic research, historical records, and digital artwork, thus preventing loss over time. The solid fundamentals of Arweave are underpinned by its innovative blockweave technology, enhancing scalability and data retrieval efficiency.

Arweave’s native token AR performance reflects its leading role in the DePIN sector, attracting investors interested in long-term data preservation and indicating strong market trust in its utility and future relevance.

AR token is trading at $27.8 following an impressive growth of nearly 25% in the last week. It is expected to continue the uptrend given the DePIN narrative spreading its reach among the investors. 

End Note

The tokens mentioned here: DUEL, LAND and AR are based on their past performances and belong to the latest trends. Crypto market is prone to volatility and the recent dip is another example of it. Investors should take these as insights of the current market scenario, tokens that could shine during the bull and potential reasons for it. 

It is advised to always do your own research before stepping into the crypto market. Always prefer to follow the experts and read the market pattern and trends. The hassle of research and gathering information before investing not only saves investors their hard earned money but also provides good returns. 

 

Bitcoin coin symbol
Btc
Bitcoin
$62.547
price
red chart
decrease symbol0.84959%
price change
TRADE NOW

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Previous

Ripmex Debuts RPX Tokens PreSale: Commission-Free Trading for a New Financial Era

Next

Husky Inu ($HINU) Raises Over $55K in Early Presale

Written by

Crypto News

@cryptonews

15945 posts

Read the latest Crypto news on Bitcoin, Altcoins, Blockchain, Web3 and Market updates. Stay informed with Crypto Adventure our daily news.

VIEW AUTHOR

More author posts

Bitcoin Price Holds Above $63,000 — Here’s The Next Critical Resistance Level

The Bitcoin price has been relatively quiet in October, but things seem to be looking up after the premier cryptocurrency broke the $63,000 mark on Saturday, October 12. However, the crypto has to scale a major resistance level if the current bull run is to get back on track. $64,000 The Resistance Level To Watch: Analyst In a Quicktake post on CryptoQuant, an analyst with the pseudonym ShayanBTC has put forward an interesting prognosis for the Bitcoin price in the…

Analyst Forecasts XRP Bullish Breakout – A 1,000% Opportunity?

XRP is currently testing a crucial resistance level that will shape its price action in the coming weeks. After the euphoria surrounding the Federal Reserve’s interest rate cuts in late September, the market is experiencing uncertainty and anxiety. While some investors remain optimistic, the recent price movements of XRP have led to a sense of caution.  Top crypto analyst Amonyx has shared insights into the potential for an unexpected XRP rally. In his analysis, he suggests that the altcoin might…

Analyst Sets $2.50 Target For SUI Following 30% Weekly Gain – Details

Sui (SUI) has been one of the most popular crypto assets of 2024, with notably high market gains and drastic price losses over the year. The altcoin is currently moving sideways following a recent price rally in the last week. As usual, these consolidative movements draw much speculation on the token’s next price action. SUI To Record ATH At $2.50, Analyst Says In an X post on Saturday, market analyst Michaël van de Poppe dropped a new price target for…

Active Dogecoin Addresses Reach Highest Level In 8 Months – Is DOGE About To Rally?

Dogecoin is currently in a consolidation phase following days of sharp volatility and wild price swings. Since the start of October, the meme coin has been trading within a tight sideways range, leaving some investors concerned about whether the anticipated rally for DOGE will ever materialize. The uncertainty in the market has heightened fears that Dogecoin’s price might stagnate further, as bullish momentum seems to have cooled off. However, new data from Santiment offers a glimmer of hope for DOGE…

Forget Dogecoin (DOGE), This New Crypto Will Make DOGE’s 2021 Rally Look Like a Joke

Trends are cyclical and while a few digital coins appeal to the general populace a little more than others, others fade away. Keeping in mind the latest trends, cryptocurrencies such as Dogecoin (DOGE) gained much popularity due to the social media ‘hype’ among clients and endorsements from celebrities, and in the year 2021, it reached its actual deep growth and surprising shots. Nevertheless, with the advancements in the crypto space, there is a new challenger ready and that can do…

This New Cheap Token Under $0.10 Is Set to Make Early Investors Rich, Just Like NEIRO Did Last Month

The field of cryptocurrency is one of the best business opportunities which are expanding rapidly today. So, one of the keys to earning good returns is the ability to concentrate on the area that is about to offer some very attractive investment prospects. All those investors who came to NEIRO last month got the benefit of this increase, changing their reasonable investments to good profits. Now, there is another crypto that is ready to serve similar purposes: Rexas Finance (RXS).…

Publish your own article

Guest post article. Guaranteed publishing with just a few clicks

START PUBLISHING ADVERTISE WITH US

Browse categories

Explore trending topics in the crypto community right now.

Bitcoin

SEC Greenlights Multiple Bitcoin ETFs, Signaling Major Leap for Cryptocurrency Markets

The U.S. Securities and Exchange Commission (SEC) has made a landmark decision by approving 11 spot bitcoin exchange-traded funds (ETFs). This move represents a significant moment in the cryptocurrency industry, marking a shift towards greater institutional adoption and accessibility for investors. The approved ETFs include products from major firms such as BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETP Trust, WisdomTree Bitcoin Fund, Fidelity Wise Origin Bitcoin Trust, VanEck Bitcoin Trust, Invesco Galaxy Bitcoin…

Bitcoin Should be Banned in the United States: Charlie Munger

Berkshire Hathaway’s vice chairman, Charlie Munger, called for a ban on cryptocurrency in the United States on Monday, similar to the one in China.  In an op-ed published with the Wall Street Journal, Munger argued that Bitcoin isn’t a currency, commodity, or security, but simply a form of gambling “ with a nearly 100% edge for the house. As such, the enactment of a federal law should ban such things from happening. Munger cited the Chinese communist party’s ban on…

Tesla’s BTC Positions Remained Unchanged in Q4 of 2022

According to a new earning report from automotive manufacturer Tesla, the company did not sell any of its BTC holdings in the fourth quarter of 2022. Amid speculations that the company had traded BTC during the testing bears, CEO Elon Musk revealed it was yet holding on to its BTC stash. Tesla Maintains Holdings After Initial Sell-Off In Q2 of 2022, Tesla opted to sell 75% of all its BTC. The car manufacturer received close to $950M in exchange. Notably,…

Here’s When Grayscale Debates the SEC in Court on its Bitcoin Spot ETF

The District of Columbia Court of Appeals has marked a date for when Grayscale and the Securities and Exchange Commission (SEC) may present oral arguments regarding the approval of a Bitcoin spot ETF.  Each side will present its case at 9:30 am ET on March 7, with the SEC arguing against the product, and Grayscale arguing in favor.  Grayscale VS SEC The court date – revealed in a court order filed on Monday according to CNBC – is much earlier…

MORE ARTICLES

Ethereum

Ethereum’s Zhejiang Staking Withdrawal Testnet for Shanghai is Live

At 15:00 UTC on Wednesday, the much-anticipated Zhejiang testnet for staking withdrawal went live on Ethereum’s Beacon chain. Zhejiang will enable the testing of the Ethereum Improvement Proposal (EIP) 4895 which allows for staking withdrawals. This is in preparation for the network’s next major update, the Shanghai hard fork slated to launch sometime in March. Users Can Make Simulated Withdrawals with Zhejiang In a tweet yesterday, DevOps engineer at Ethereum foundation Barnabas Busa gave details about the Zhejiang testnet slated…

Ethereum Devs Disagree Over Technical Tweak as Shanghai Upgrade Nears

Post-merge Ethereum users have been eagerly awaiting the commencement of the network’s next major upgrade, Shanghai. However, after over 3 months of prep time, it appears the Shanghai rollout isn’t going as smoothly as expected. What Exactly is the Shanghai Upgrade? In September last year, the much-publicized Ethereum Merge also known as the Ethereum 2.0 upgrade went live. Ethereum underwent some significant changes as its consensus mechanism transitioned from proof-of-work to a cost-efficient proof-of-stake system.  However, since the Beacon launch…

FTX Hacker Converts 50k Stolen ETH to BTC

Per a report from blockchain analysis firm Chainalysis, the attacker behind the Nov 11 FTX exploit, is converting the stolen ETH to Bitcoin. There were muted fears the seemingly inexperienced perpetrator could dump all its ETH holdings. On Sunday, the attacker dumped 50k ETH on-chain, with ETH's price dipping by almost 7%.  https://twitter.com/chainalysis/status/1594349583416840199?s=20&t=pgvQHeVytI20eKQ1ls9bxw Hacker Moves 50,000 ETH to New Address Over the past week, the perpetrator had been steadily swapping the cryptocurrencies they had carted off for Ether tokens. This…

Censorship Concerns: 51% of Ethereum Blocks Now OFAC Compliant

According to new data, over half of the blocks on the Ethereum network now reportedly comply with the US Treasury OFAC’s standards. This comes roughly a month after the platform’s monumental merge update. Phasing Out Tornado Cash The Office of Foreign Assets Control is the intelligence and enforcement agency of the US  Treasury Department. Indeed, the OFAC administers and enforces US  financial sanctions. A prime example of this is the recent, highly-publicized ban on crypto mixer Tornado Cash.  According to…

MORE ARTICLES

Trading

How to Leverage Arbitrage Opportunities in Crypto Markets

Cryptocurrency arbitrage has become an increasingly popular investment strategy as the crypto market grows and evolves. Arbitrage involves taking advantage of pricing discrepancies between markets or exchanges to profit.  Investors can leverage profit opportunities by understanding cryptocurrency arbitrage while managing associated risks. In this guide, we'll explore cryptocurrency arbitrage and how it works. A Bitcoin-related example will help us illustrate the concepts of this strategy. What is Arbitrage and How Does it Work in Crypto Markets Crypto arbitrage trading is…

The Different Types of Copy Trading in Crypto

Are you interested in trading cryptocurrencies but feel intimidated by the complexity of the process? Copy trading is a great way to get into crypto without needing to be an experienced trader. With copy trading, investors can benefit from the experience and knowledge of more experienced traders, allowing even beginners to succeed. How does copy trading work, and which tips do you need to know to succeed? In this article, we'll explore all aspects of copy trading in crypto. What…

How to Spot an Unsafe Crypto Exchange

Cryptocurrency exchanges have become increasingly popular as they provide a platform for people to buy and sell digital assets. Unfortunately, not all crypto exchanges are safe or reliable.  With the rise of cybercrime and fraud, you must learn to spot an unsafe crypto exchange before investing your money. This guide will help beginners identify and avoid potential risks when selecting a cryptocurrency exchange.  The Role of Crypto Exchanges on the Digital Assets Market Cryptocurrency exchanges play a crucial role in…

What Is Grid Trading in Crypto?

Crypto grid trading has become a popular strategy because of its ability to help traders capitalize on market volatility. Grid trading means you can produce consistent profits by taking advantage of price differences in different markets or time frames. By establishing buy and sell orders at predetermined intervals, you can take advantage of these fluctuations in an automated way. This guide will explore the different aspects of grid trading and provide an overview of its benefits, challenges, and more. Through…

MORE ARTICLES

Tech

Introducing una Messenger: A Paradigm Shift in Blockchain Connectivity

The digital landscape is set for an unprecedented transformation with the introduction of una Messenger, the latest innovation from web3 development powerhouse Wemade. This platform represents an evolution of the "PAPYRUS Messenger," serving as the cornerstone of the ambitious "unagi" initiative, aimed at catalyzing the mass adoption of blockchain technology. The "Unbound Networking & Accelerating Growth Initiative" seeks to bridge the divides between diverse blockchain services and networks, heralding a new era of interconnectedness. A New Frontier in Blockchain Communication…

Bit2Me Champions WEMIX Token in Pioneering European Listing

Bit2Me, Spain's premier virtual asset exchange, has recently broadened the horizons for cryptocurrency enthusiasts by listing WEMIX, the cornerstone token of the WEMIX3.0 blockchain ecosystem. This marks a notable achievement as WEMIX's inaugural venture into the European market, emphasizing the token's role in facilitating a range of blockchain-based activities, from gaming transactions to decentralized finance (DeFi) applications. Launched with the intention to democratize access to WEMIX for the 450 million Spanish speakers around the globe, this strategic move aligns with…

CryptoVirally Expands with Fresh Crypto Marketing Offers and Cointelegraph Upgrades

In an exciting update for the cryptocurrency marketing landscape, CryptoVirally has announced a series of new entries and enhancements to its already comprehensive range of services. These updates, aimed at providing tailored marketing solutions for crypto projects, include new limited-time offers and expanded options for Cointelegraph publications. Limited Offers: A Game-Changer in Crypto Marketing  CryptoVirally's limited offers section presents an enticing opportunity for crypto projects to leverage high-impact marketing services at discounted rates. These offers, available for a limited period,…

Breaking Boundaries in Blockchain: WEMIX’s ‘una Wallet’ Sets New Standard for Multi-Chain Asset Management

The WEMIX Foundation has unveiled 'una Wallet,' a revolutionary digital wallet designed to offer unparalleled convenience and security in managing digital assets across various blockchain networks. The announcement, made on January 17, 2024, signifies a new era in the seamless integration of multiple blockchain protocols, including Arbitrum, Avalanche, BNB Smart Chain, Ethereum, Kroma, Optimism, Polygon, and WEMIX3.0. 'una Wallet' is more than just a digital wallet; it represents the culmination of WEMIX's innovative efforts in the blockchain space. It serves…

MORE ARTICLES