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In the latest YouTube video, the well-known crypto expert, Alex Becker, discusses the market pumping for the first time in a millennium and how it has been coming. He shares his thoughts on the market, including the potential for Bitcoin to go up and the reveal of the coins currently in high demand and ready to explode before elections.
With Donald Trump emerging as a leading candidate for the U.S. presidential election, analysts view this as a positive catalyst for crypto markets.
Alex Becker highlights Solana as a leading contender for the bull run. Because of its high throughput and low transaction costs, Solana has been a favorite for developers and users alike. Solana surged by 3.5% after Biden announced his withdrawal from the presidential race, reflecting investor sentiment that Kamala Harris might struggle against Trump.
Axie Infinity, with its massive user base and unique play-to-earn model, has garnered significant attention. Becker sees potential in AXS due to its established market presence and continuous growth in user engagement, making it a solid bet in the gaming sector of the crypto market. Moreover, AXS is showing resilience, with technical indicators hinting at possible upward momentum. The platform faces challenges like user engagement drops but maintains a strong market position.
IMX is another gaming token that Becker believes will perform well. As a Layer 2 scaling solution for NFTs on Ethereum, IMX offers fast and gas-free transactions, which are crucial for gaming applications. Looking ahead, IMX aims to capitalize on its ecosystem and partnerships, integrating major gaming titles and user-friendly features. However, scalability remains a key challenge for sustained growth.
Next up is, SuperFarm noted for its versatile NFT infrastructure, supporting a variety of applications across different blockchains. He points out that its adaptability and the increasing popularity of NFTs could drive significant growth, especially if the market experiences a bullish trend.
Ronin, a sidechain specifically for Axie Infinity, has shown resilience and growth potential. He notes that as Axie Infinity continues to thrive, Ronin will benefit from its close association and integral role in supporting Axie’s ecosystem, potentially leading to substantial price increases.
Illuvium, an open-world RPG game built on Ethereum, stands out for its high-quality graphics and immersive gameplay. Becker sees ILV as a top pick due to its innovative approach and strong community support, making it a likely candidate to surge if gaming tokens gain traction.
Wrapping up the list with Echelon Prime he highlighted its unique positioning in the crypto space, combining elements of gaming and AI. As the gaming and AI industries flourish, he sees it as a hidden gem with big potential. Its creative technology and unique market make it an attractive investment.