In a recent X post, Shiba Ecosystem and Shibarium Tech marketing expert Lucie Sasnikova details three sectors that are likely to dominate the upcoming bull market.
Let's explore together the exciting world of artificial intelligence, Ethereum Layer 2 solutions, and the fascinating world of gaming tokens. These are insights you won't want to miss.
Riding the AI wave
Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and recent entrant Dogwifat (WIF) have shown impressive gains, consistent with Bitcoin's upward trajectory during the bull market.
The proliferation of AI altcoins is emerging as the most powerful story of the current bull market. Lucy Sasnikova points out that the rise of NVIDIA to the world's third-largest global company by market capitalization has increased the importance of his AI technology in everyday life. Computers essential to AI technology The influence of his Nvidia, a key company in the development of his chips, is driving the rise among AI altcoins.
Also read: Memecoin predictions by ChatGPT: Shiba Inu, Dogecoin, PEPE, WIF
Evolution of Ethereum Layer 2
Sasnikova predicts a major transformation in 2024, shifting gears to Ethereum's Layer 2 solution. With the Cancun upgrade on the horizon and Vitalik Buterin announcing Ethereum's 2024 roadmap, there is a sense of optimism. Tokens such as ARB and OP will ride the wave of significant price increases.
Lucie highlights Ethereum's fight to regain supremacy in the public chain space, highlighting Vitalik's vision for zero-knowledge proofs, which are gaining traction with projects like zkSync and StarkWare.
Additionally, the successful Cancun upgrade is expected to reduce gas costs and allow Ethereum layer 2 projects to compete with other layer 1 public chains.
game token get power ups
Lucie's post doesn't miss the gaming token craze, confirming that Axie Infinity and Stepn will take center stage in 2021 and 2022. Despite the dip in 2023, optimism reigns supreme due to infrastructure improvements. Gala Games (GALA), Axie Infinity (AXS), and ImmutableX (IMX) are turning heads with attractive utilities and incentives that attract gamers hungry for in-game revenue.
“Game tokens also have strong utility as enthusiasts, including gamers, pursue incentives through in-game revenue.”
in short
Sasnikova emphasizes the market narrative by putting AI at the forefront, especially as Bitcoin ETFs drive capital. Ethereum’s Layer 2 evolution is marked as a key event in 2024, poised to challenge other public chains. The gaming token sector, although the total amount locked is modest, holds promise as blockchain gaming gains momentum.
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