In a recent X post, Lucie Sasnikova, a marketing expert at Shiba Ecosystem and Shibarium Tech, spills the beans on the three sectors set to dominate the upcoming bull market.
Come along as we explore the exciting world of Artificial Intelligence, Ethereum Layer 2 solutions, and the captivating world of gaming tokens. These are insights you can’t afford to miss!
Riding the AI Wave
Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and the recent entrant Dogwifhat (WIF), showcase remarkable gains, aligning with Bitcoin’s upward trajectory during bull markets.
The surge of AI altcoins takes the spotlight as the strongest narrative in the current bull run. Lucie Sasnikova points to the growing significance of AI technology in daily life, with Nvidia’s ascent to become the third-largest global company by market capitalization. The influence of Nvidia, a key player in developing computer chips crucial for AI technology, catalyzes rallies among AI altcoins.
Also Read: ChatGPT Prediaction for Memecoins: Shiba Inu, Dogecoin, PEPE and WIF
The Ethereum Layer 2 Evolution
Sasnikova shifts gears to Ethereum’s Layer 2 solutions, forecasting a game-changer in 2024. With the Cancun upgrade on the horizon and Vitalik Buterin unveiling the Ethereum 2024 roadmap, optimism is in the air. Tokens like ARB and OP ride the wave of significant price surges.
Lucie emphasizes Ethereum’s battle to regain supremacy in the public chain realm, spotlighting Vitalik’s vision for zero-knowledge proof, where projects like zkSync and StarkWare are gaining favor.
Moreover, the successful implementation of the Cancun upgrade is expected to drive down gas costs, making Ethereum Layer 2 projects competitive with other Layer 1 public chains.
Gaming Tokens Get a Power-Up
Lucie’s post doesn’t miss the gaming token frenzy, acknowledging Axie Infinity and Stepn’s leading roles in 2021 and 2022. Despite a dip in 2023, optimism reigns supreme, thanks to improved infrastructure. Gala Games (GALA), Axie Infinity (AXS), and ImmutableX (IMX) take center stage with their enticing utility and incentives, attracting gamers hungry for in-game earnings.
“Gaming tokens also have strong utility, with enthusiasts, comprising gamers, chasing incentives through in-game earnings.”
In Short
Sasnikova underlines the market narrative, placing AI at the forefront, especially with the Bitcoin ETFs driving capital. Ethereum’s Layer 2 evolution is marked as a key event in 2024, poised to challenge other public chains. The gaming token sector, though modest in Total Value Locked, holds promise as blockchain gaming gains traction.
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