Coin Bureau crypto channel host Guy is revealing why he stays bullish on 5 main crypto property regardless of latest sell-offs.
Guy tells his 1.87 million YouTube subscribers that he’s unconvinced that the bull market is over and thinks there are “upcoming crypto milestones that could be a catalyst for a massive reversal.”
Starting with Solana (SOL), the Coin Bureau host says that the sixth-largest blockchain by market cap remains to be “technically in beta” and the launch of a mainnet is within the pipeline.
According to Guy, Solana’s mainnet may go stay “around March this year”. A mainnet is a real-world prepared blockchain versus a testnet which is a blockchain within the testing or experimentation part.
The Coin Bureau host additionally says that the second milestone Solana is ready to attain is introducing on-chain governance.
Next up is Litecoin (LTC). Guy says that Litecoin’s upcoming privacy-enhancing function generally known as MimbleWimble will make LTC the world’s “most accessible cryptocurrency with privacy-preserving features”.
“This will likely create a lot of demand for LTC and lots of positive price action by extension.”
Next up is Dogecoin (DOGE). According to Guy, two upcoming Dogecoin milestones may generate hype that would enhance the dog-themed crypto asset.
The two milestones are launching GigaWallet, a backend service aiming to facilitate using Dogecoin for funds by enterprises.
Another milestone is the launch of a software program developer package that may enable builders to construct new Dogecoin-related merchandise.
“Even though it’s unlikely that these upgrades will have any direct effect on the price of DOGE in the short term, the hype alone will probably be enough to make prices pump.”
Next up is the main Ethereum (ETH) layer-2 scaling resolution, Polygon (MATIC). The Coin Bureau host says that Polygon has devoted sources to constructing further scaling options for Ethereum and names two tasks that could possibly be bullish for MATIC as soon as they arrive on-line.
“The two which might be prone to create probably the most demand for the MATIC token are Polygon Miden and Polygon Zero…
Chances are that Polygon’s upcoming scaling options shall be far more safe. And as soon as they go stay, there’s a excessive likelihood that MATIC will moon.”
Next up is the play-to-earn recreation Axie Infinity (AXS). Guy says that Axie Infinity’s Ethereum-linked sidechain, Ronin Network, may take its utility token RON public in early February, and this might enhance associated crypto property.
“…I have a feeling that this listing will have a positive effect on all play-to-earn crypto projects and possibly NFTs [non-fungible tokens] too.”
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