- A popular crypto analyst is evaluating a decentralized finance (DeFi) altcoin project, which he describes as “incredible” as the bear market continues, and says he may add the popular altcoin to his portfolio.
In a new update, Coin Bureau channel’s host alias Guy is giving YouTube subscribers due to the upcoming decentralized stablecoin project. AAVE (AAVE) He said he was interested in
“AAVE is an altcoin I’ve been researching lately and I think it’s a great project. We just got news that it is planning to launch its own decentralized stablecoin. So, I personally think this is pretty exciting news indeed…
I know some of you will roll your eyes at the thought of another decentralized stablecoin because of what happened with the last one. But I think Aave is a really interesting project right now.
Actually, that’s one of the reasons why I’m reviewing the project. Yet any aave token I did not buy. I may not buy it, but I am definitely considering it.”
Bear market could last until 2024
As Guy looks for cryptocurrency projects that can potentially earn the most in the next bull market, he thinks the bear market could continue to consolidate into 2023 and possibly even 2024.
“How long will the bear market last? When will all this end?
Well, as I mentioned earlier, I believe we have at least until the end of 2022, and I believe the bear market could easily extend into 2023, possibly even 20224. So, I guess, the meaning of this answer is; I really do not know.
I’m not entirely sure how long this bear market will last. Personally, I believe this will continue for a while. Like I said, I think it could even end in 2024, when the next Bitcoin halving will happen, so keep that in mind when making your decision.”
You can check the price movements here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.