/biz/ - Business & Finance

>>50753477

>bitcoin (tech)
>alt coins (fomo)
>NFTs (tech)
>shitcoins (fomo)

Notice the pattern?
Bitcoin mooned because utility and scarcity. Alt coins then mooned because people fomo'd into their misunderstanding of market caps.
Then NFTs mooned because their supposed utility and scarcity. Dog coins mooned because people didn't understand marketcaps or supply.

If I had to guess there will be some defining web 3 utility coin or technology that will moon then some dogshit hype will follow it. That's what i am looking out for.

My bets are solana, ICP, Tezos, chainlink, ethereum, rose... Basically the "establishment" web3 utility coins and the next Shib will follow soon after

I'm bullish on solana only because Sam bought a large stake in Robinhood which was considering native NFT wallets or something. And ICP does have a massive team and VC backing. The idea of a full buyout or partnership could be very bullish considering ICP's marketcap is still like 20% of ADA. Tezos I'm just betting on vidya NFT partnerships like what ubisoft was considering months ago.

Bullish for ethereum & link longterm just because their brand label if nothing else. Also Blackrock getting involved the more jews the better