Project roadmap or token price — Which is most important?
In the latest episode of Market Talks, show host and Cointelegraph head of markets Ray Salmond sat down with Polkadot ambassador and content creator KryptosChain to discuss the current state of the crypto market and drastic changes taking place in the Polkadot ecosystem.
According to KryptosChain, the crypto market is possibly rounding the last corner of the bear market, and across the space, sentiment and money flow are steadily beginning to improve.
He added that, “In my opinion, I think the Bitcoin halving next year will be the main driver for the start of a new bull market, because of its history, and people base the markets’ performance on the history and psychology around it. I think 2024, toward the end — maybe summer or maybe autumn — is when we’re going to see some big activity.”
When asked whether investors should believe in projects based on the team’s goals and aspirations, or simply the price of the token, KryptosChain suggested that:
Related: Forget about price! Polkadot Decoded 2023 says bear markets are for building
Regarding the recent developments in the Polkadot ecosystem and his views on the changes, KryptosChain was generally positive and excited about the project’s new direction.
“Polkadot is introducing so many technical updates to change things, to make the ecosystem truly interoperable, which is a big positive. Forkless upgrades and alterations to the Parachain auctions are also upcoming events which are quite exciting.”
To hear more about Ray and KryptosChain’s discussion at Polkadot Decoded 2023, listen to Market Talks, exclusively on the new Cointelegraph Markets & Research YouTube channel.
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