Cryptocurrency An investor who correctly predicted the current bottom price of the market talked about the fundamentals of the next bull market.
Co-founder of venture capital firm Placeholder Chris Burniskenoted on Twitter that there are several “hype themes” that will pop up in the next crypto bull cycle.
1) bridging and multi-chain services
2) Artificial intelligence meets blockchain
3) application chains and industry chainsHe believes these will be the next hype themes.
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Burniske referred to layers of data availability, or systems that maintain and store consensus on the availability of data in a blockchain.
Koinfinans.com As we have reported, the former ARK Invest analyst explained what he meant by “the hype theme” and said the following.
Given how some have reacted, I should point out that a ‘hype theme’ is one that has experienced its first major cycle in the limelight. Alongside some real protocols chasing opportunity, there will be many other ‘rogue protocols’ that slide into the theme.
New narratives in the cryptocurrency market aside, he believes that the ETH/USD and ETH/BTC pairs will rise. Investor Ethereum A breakout awaits after the Shanghai update. This is a detail that will help investors profit.
In an interview last month, Burniske said Solana (SOL) could be the next “Ethereum-level” opportunity, and also praised Cosmos (ATOM).