Bitcoin is fighting to stay above $54,000 while altcoins have bled considerably in the last week (>15%).
Indicators point to an oversold territory for key assets – is the market going to find its local bottom soon? Traders point to a BTC bounce of $52,000 in the upcoming week. If so, this is about the right time to average into some crypto assets for the upcoming year.
In order to maximize your crypto portfolio returns this year, along with Bitcoin, Ethereum, and Solana, it is prudent to allocate a decent portfolio share to emerging and upcoming narratives that drive value in the ecosystem.
Today, we cover the growth of DePin, memecoins on Base, and Web3 browsers. While we do the crystal gazing, we encourage investors to understand the risks and growth potential associated with each asset and do their independent analysis.
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details»DePIN – HNT, IOTX, and PHA (medium risk, good returns)
DePIN, short for decentralized physical infrastructure networks, are blockchain protocols that build, maintain, and operate physical hardware infrastructure