The analyst, nicknamed CryptoTony, says that Metaverse and GameFi will be crucial in the next bull cycle. The analyst notes that 8 GameFi Coin projects, including APE, MANA and SAND, are on his radar. Meanwhile, the analyst’s followers also focus on PLD, SENSO, DYP, BOMMER, WILD, DONS and ZIL.
“ Metaverse, GameFi Coin projects are important for the next bull”
Analyst Crypto Tony suggests that Metaverse and GameFi will be crucial in the next bull cycle. The analyst recently tweeted to his followers that ApeCoin (APE), Decentraland (MANA), Pyroblcok (PYR), The Sandbox (SAND), Axie Infinity (AXS), Illuvium (ILV), MyNeighborAlice (ALICE) and Rollbit Token (RLB) He says he has ) on his radar.
#Metaverse and #GameFi is going to be such a huge part of the next bull cycle in my opinion. I am paying attention to these assets in particular 👇$APE$MANA $PYR$SAND$AXS$ILV$ALICE$RLB
What others are you look into legends ___ 👇 pic.twitter.com/okf5qcEJcM
— Crypto Tony (@CryptoTony__) May 24, 2023
CryptoTony is an intraday cryptocurrency trader and analyst famous for his regular posts and trade alerts. He is famous for sharing chart screenshots of his analysis, telling his followers about his plans and giving them precise trading targets. In his latest tweet, where he announced the GameFi Coin projects he is paying attention to, Tony asked his followers to mention other tokens they think will participate in the expected rally of the next bull cycle. Some of the tokens they have listed include PLD, SENSO, DYP, BOMMER, WILD, DONS, and ZIL.
A closer look at the tokens proposed by Tony’s followers reveals interesting aspects. Because these are predominantly tokens with relatively low market caps. However, these coins have large communities. These two factors become part of the fundamental indicators that investors generally consider when speculating in the altcoin market, especially during periods of anticipated volatility.
Is there a bull run on the horizon?
Many crypto users expect a bull cycle to begin soon. For this, they cite the fact that we are approaching another Bitcoin halving event. cryptocoin.com Historically, Bitcoin halving triggers market volatility. This creates an overall upward momentum that pushes many cryptos to new price levels. The duration of the event usually spans several months on either side of the actual halnving date.
Past performance does not guarantee future results. However, users are predicting that a bull cycle is imminent, especially considering how the crypto market is evolving in early 2023.
Bitcoin has been on the rise since the first day of the year. During the rally during this period, BTC gained over 80%. The price rally dragged the rest of the market with it. On the other hand, it slowed down in what many analysts consider as consolidation. Tony thinks the bull run will continue and the altcoins he has listed will play important roles by initiating recognizable rallies.
