Guy, Coin Bureau’s crypto channel host, reveals why he remains bullish on the five major crypto assets, despite the recent sale.
Guy believes that 1.87 million YouTube subscribers aren’t sure the bull market is over and have “a future crypto milestone that could trigger a major reversal.” I’m talking.
Starting with Solana (SOL), Coin Bureau hosts say that the sixth largest blockchain by market capitalization is still “technically in beta” and the mainnet is underway.
According to Guy, Solana’s mainnet could be up and running “around March of this year.” The mainnet is a blockchain that you can actually use, as opposed to a testnet, which is a test or experimental blockchain.
The Coin Bureau host also states that the second milestone Solana is trying to achieve is the introduction of on-chain governance.
Next is Litecoin (LTC). Guy states that Litecoin’s upcoming privacy enhancements, known as Mimble Wimble, will make LTC “the most accessible cryptocurrency with privacy protection” in the world.
“This can create a lot of demand for LTC and thus a lot of positive pricing behavior.”
Next is Dogecoin. According to Guy, two upcoming Dogecoin milestones could generate hype that could boost dog-themed crypto assets.
The two milestones are the launch of GigaWallet, a back-end service aimed at facilitating the use of Dogecoin for payments by businesses.
Another milestone is the launch of a software development kit that allows developers to build new Dogecoin-related products.
“These upgrades are unlikely to have a direct impact on DOGE’s price in the short term, but hype alone is probably enough to boost the price.”
Next is Polygon (MATIC), the leading Ethereum (ETH) Layer 2 scaling solution. The Coin Bureau host says Polygon has dedicated resources to build additional scaling solutions for Ethereum, citing two projects that could be bullish for MATIC when it comes online.
“The two most likely to be in demand for MATIC tokens are Polygon Miden and Polygon Zero …
Polygon’s future scaling solutions could be much safer. And when they go live, it’s more likely that MATIC will be the moon. “
Next is the game Axie Infinity (AXS) that you can play and earn. Guy said Ronin Network, a sidechain linked to Ethereum at Axie Infinity, could release the utility token RON in early February, which could increase the associated crypto assets.
“”… I feel that this list has a positive effect on all play-to-earning crypto projects and perhaps NFTs. [non-fungible tokens] that too. “
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