Crypto Influencer Predicts that the Growth of Altcoins is Dependent on Ethereum Surpassing the $5,000 Price Mark
In a recent development, crypto influencer Alex Becker has shared his insights about the long-awaited altcoin rally. According to Becker, the rally hasn't begun yet, but it's expected to start after Ethereum (ETH) surpasses $5,000 and top altcoins double or triple.
Becker believes we're still in the early phase of the cycle, where Bitcoin, Ethereum, and major altcoins begin to move. However, the biggest altcoin gains are expected to come later in the cycle. He identifies three sectors that could lead the next altcoin rally: AI (Artificial Intelligence), Real World Assets (RWA), and Gaming.
The AI sector is experiencing explosive growth with institutional interest. With growing interest in crypto-AI tools, on-chain models, and data networks, the AI sector is already building momentum. Projects bringing real-world assets like real estate, stocks, and bonds onto the blockchain are gaining institutional attention, as represented by the RWA sector.
The gaming sector is likely to attract huge retail interest, similar to the last cycle, due to its ease of understanding and hype potential. During the 2020 bull run, alt narratives didn't start until Ethereum had tripled its all-time high, according to Becker. Low-quality game tokens with little real use case saw 10-20x spikes once the gaming narrative picked up speed, with examples like The Sandbox's nearly 80x increase.
Becker advises investors to be patient and wait for Ethereum to hit $5K+ and top alts to 2-3x before expecting explosive altcoin gains. For those watching the markets closely, his advice is to be patient, keep an eye on ETH, and be ready when the narratives start turning.
The leading sectors in the next phase of the altcoin rally after Ethereum surpassing $5,000 are expected to be the AI token sector, DeFi bluechips linked to platforms for lending, staking, and decentralized apps, and promising small-cap altcoins with innovative technologies. Additionally, crypto infrastructure companies and projects with strong insider positions like Polygon, Polkadot, Cardano, and Quant may also lead gains.
The FAQ section includes questions and answers about the altcoin rally, sectors leading the rally, potential altcoin gains, and investment advice. The section also includes a question about investing in altcoins now or waiting, with Becker's advice being to wait. His warning is simple: don't expect big altcoin gains too early, as the most explosive moves could still be months away.
In conclusion, Alex Becker's prediction points towards an exciting future for the altcoin market. As we wait for Ethereum to hit $5,000 and the altcoin rally to begin, it's essential to stay informed, be patient, and prepare for the potential gains in the AI, RWA, and gaming sectors.
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