Leading cryptocurrency bitcoin‘of (BTC) $45,000 The period he flirted with definitely bears the traces of the bull market. Many leading analysts stressed that the situation is quite optimistic.
Many investors started to think about which altcoins could earn more in the expected bull market. The Coin Bureau team made an estimation in this regard.
Arweave Continues to Get Attention
Renowned analyst at Coin Bureau the Guy, in their last video Arweave (AR) drew attention to the project. Stating that this did not attract much attention, but it has serious potential, the team emphasized the following about the subject:
Arweave offers a storage option that supports data with sustainable infrastructures and methods and enables users and developers to store data forever.
This is being done for the first time. Arweave, which uses collective and jointly purchased storage equipment that people will never forget, actually has an important value for this reason. In this way, we can protect important data, applications and historical things, and by preserving history, it is actually prevented from being changed.”
Arweave also has a consensus method called Proof-of-Access (PoA). This technology allows people with access to blocks to manage the network. Arweave uses blockweave as a network instead of blockchain.
The famous analyst stated that this also received the support of leading investment companies such as Coinbase Ventures and MultiCoin Capital. According to The Guy, AR price could very easily increase by 5x in the long run and consolidate its position in the top 100.
*Not investment advice.