A prominent analyst believes this group of altcoins could move into the spotlight in a new bull run.
It is known in the industry as Altcoin Psycho. speak With its 278,000 Twitter followers, crypto projects connected to the Cosmos Blockchain Network (ATOM) are poised to outperform the market.
Prediction: The Kosmos ecosystem will thrive massively in the next alternative run.
Tendermint making aggressive moves in this shitty market is big.
IMO most of the alts go down first, but I think an eventual Thorchain run will forcibly drag out Cosmos projects like Persistence, Akash, and DVPN https://t.co/pbUxJ8T4YV
– Altcoin Psycho (@AltcoinPsycho) July 1, 2021
Prediction: The Cosmos ecosystem will thrive in the next altcoin season. The possibility that Tendermint will take positive steps in this damn market is huge.
In my opinion, most altcoins hit lower lows than before, but eventually a boom will follow in THORChain (RUNE) Cosmos projects like Persistence (XPRT), Akash (AKT) and DVPN (Sentinel) ”.
Other projects in the Cosmos network are the decentralized derivatives platform Injective Protocol (INJ), the decentralized finance (DeFi) liquidity project Kira Network (KIRA) and the decentralized exchange (DEX) Sifchain (EROWAN).
For the economy as a whole, the analyst makes another bold forecast: shows Many asset bubbles will burst in the next year.
“In my opinion, in the next 6-12 months we will see those who consider Fiat worthless to be eliminated.
Each sub-asset class is in a small bubble. Look at wood, real estate, used cars, startup reviews … these are all bubbles. Cash could soon return to his throne. “
SN_Nour
According to Dailyhodl
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