Analyst: These Altcoins Will Lead In The Next Bull Run! - Coinleaks
Current Date:November 7, 2024

Analyst: These Altcoins Will Lead In The Next Bull Run!

In late 2021, when the cryptocurrency market was dominated by bulls, a storm of play-to-earn games blew up. In this process, altcoins built on the game provided investors with meteoric gains. However, in the bear market, the storm has subsided and prices have dropped drastically. Now an analyst says these altcoins will be leading in the next bull run.

These altcoins will be the pioneers of the next bull market!”

cryptocoin.com As you follow, game coins like Decentraland (MANA), Sandbox (SAND), Axie Infinity (AXS) and Enjin Coin (ENJ) once took the market by storm. However, that hype also subsided after a while. With the bear market, these altcoins lost serious value. On the other hand, there are those who are hopeful for the next bull market!

An analyst known in the crypto market under the pseudonym Pentoshi shared his predictions for the next bull market. According to the analyst, playing fit is common to almost every culture. Therefore, it is a space where it is possible for everyone to relate. Also, the analyst says that most of the players in the market are not really interested in what altcoins are trying to solve. Moving from this point, Pentoshi shares the following prediction:

I think the games will provide the biggest rise in the next bull run. It’s something that anyone from almost any culture can understand and digest. Most people don’t care about 99% of what crypto projects pretend to solve.

This discussion initiated by the analyst is very questionable. As a matter of fact, different reactions came from his followers. Analyst, ‘Which altcoins have more potential in the playground?’ left his questions unanswered. After a while, Pentoshi expressed his stance on this issue as follows:

I have no idea which games will win and lose, which models will fail or win. I think the original models were mostly unsuccessful, but improved. I’d be happy to review your suggestions and maybe even play a few of them. Finally got a new gaming pc.

Will game coins fail?

Meanwhile, there were interesting reactions to the analyst’s views. Evaluating the subject in detail, a follower named Delta discussed the subject under two main headings. The following highlights from this assessment:

  1. All crypto games are so bad in quality that it’s really mind-blowing that they are this bad. Indie games with a thousandth of the budget are much better. I don’t understand how this happened.
  2. The entire gaming community hates crypto games and crypto NFTs. Because it’s clear that existing crypto gaming models (they’re all basically p2e) are just excuses for grabbing cash and tossing a coin.

According to this assessment, these altcoins will definitely fail. They are unlikely to be successful, at least unless another model is adopted.