We all enjoy a little hopium from time to time.
Disclaimer: This is not financial advice. Crypto is a risky asset class. You should always do your own research before investing your hard earned money. I am not a financial advisor.
Today I’d like to share with you some of the altcoins I see mooning in the next bull-run and I’ll even give you some price predictions.
Let me be extremely clear on my stance.
There will be another alt season.
There is no doubt in my mind on this thesis as we are discussing human behavior.
And human behavior does not change.
Here is the catch though.
No one knows when this moon bubble is coming.
All the ingredients are in place for moonshots across the cryptocurrency markets:
The Ingredients for a Historic Bull Run
- Hundreds of exchanges and on-ramps.
- Social media more prevalents than ever…..FOMO anyone?
- More crypto Youtubers and blogs than ever.
- The possibility of future stimulus and universal basic income as the fed runs out of tools to stimulate the economy.
- ETF not in place yet.
- World forced to pivot to digital due to virus, social unrest, etc.
It’s quite obvious that the crypto markets are in a prime position to shock the world.
Raoul Pal, former hedge fund manager seems to think so.
I have followed Raoul for some time now and he has made some good calls (mostly in bond markets).
I agree with that sentiment.
Bitcoin has been consolidating in the low 9000’s to high 8000’s for about two months now.
It is matter of time before a big move occurs.
Yes all boats will rise….but I don’t see them rising dramatically until Bitcoin surpasses it’s all-time high of about $20,000.
It should absolutely be noted that Raoul Paul has predicted a future Bitcoin price of $1 million.
So back to the topic at hand….
Potential Altcoin Moonshots
I’ll be completely up front with you.
I don’t own bags of each of all of the following alts. I own small amounts of ETH, LINK, and BAT.
Here are my predictions.
Just to clarify….these predictions represent my belief and opinion of what the high for these various alts will be in the next bull cycle.
Coinmarketcap Description: Ethereum is a smart contract platform that enables developers to build decentralized applications (DApps) on its blockchain. Ether (ETH) is the native digital currency of the Ethereum platform.
Current price: $240.71
ATH (all-time high): $1,432.88
Predicted ETH price next bull run: $5,000
It is my opinion that ETH is extremely undervalued. There are various alts which rely on the ETH platform. Not to mention ETH is expected to release an update to their protocol (ETH 2.0) which expands on proof of stake.
Coinmarketcap Description: Chainlink (LINK) is a decentralized oracle network which aims to connect smart contracts with data from the real world. Chainlink was developed by Sergey Nazarov, with Steve Ellis as the other co-founder. It held an ICO in September 2017, raising $32 million, with a total supply of 1 billion LINK tokens
Here is recent fundamental report on LINK.
Current price: $6.17
ATH (all-time high): $6.51
Predicted LINK price next bull run: $90
I have discussed LINK with a few crypto enthusiast on a couple of different crypto forums. There is generally a mixed sentiment. Some believe this crypto will be worth $1000 someday while others believe it is currently overvalued.
My observation is that LINK has performed well in both bull and bear climates. Expect this one to perform well in the coming bull run.
Coinmarketcap Description: Launched in 2015, Nano describes itself as an open source, sustainable, and secure next-generation digital currency focused on removing perceived inefficiencies present in existing cryptocurrencies. Designed to solve peer to peer transfer of value, Nano aims to revolutionize the world economy through an ultrafast and fee-less network that is open and accessible to everyone.
Current price: $1.01
ATH (all-time high): $37.62
Predicted NANO price next bull run: $25
Not all altcoins will reach new all-time highs or reach their 2017 valuations. Formerly known as Raiblocks, Nano has weathered the test of time. It is highly likely to see significant gains should there be a bull cycle in the next couple of years.
Coinmarketcap Description: Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee, a former Google employee, in 2011. The cryptocurrency was created based on the Bitcoin protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011.
Current price: $44.28
ATH (all-time high): $375.29
Predicted LTC price next bull run: $500
Litecoin is similar to a bluechip stock. Large marketcap, well-known founder Charlie Lee…I don’t see any scenario where Litecoin underperforms in the next bull cycle.
Coinmarketcap Description: Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications. In this virtual world, users purchase plots of land that they can later navigate, build upon, and monetize. Decentraland uses two tokens: MANA and LAND. MANA is an ERC20 token that must be burned to acquire non-fungible ERC721 LAND tokens.
Current price: $0.040920
ATH (all-time high): $0.288857
Predicted MANA price next bull run: $1.50
Check out Decentraland.
The potential of this project is extremely high in the long-term. A virtual world that could potentially ride the wave of VR technology.
The possibility of building virtual businesses and social networking seem all but inevitable with such a concept.
It’s like video games, social media, and google combined into one use case.
I’ll admit….they have a lot of work to do on the graphics. But the potential is there.
You might consider doing some research into buying some scarce land parcels in Decentraland.
Could be extremely valuable someday.
Basic Attention Token (BAT)
Current price: $0.256519
ATH (all-time high): $0.980702
Predicted BAT price next bull run: $2
There is no way (in my opinion) BAT doesn’t hit a new all-time high in the next crypto bull cycle.
The use case of Brave browser is obvious. It allows users to reward their favorite content creators while at the same time protecting their privacy from various ad trackers. (The reason you will see ads pop up on your social media accounts for an item you searched for just minutes earlier.)
Reserve Rights (RSR)
Coinmarketcap Description: The Reserve protocol comprises two tokens: the Reserve token (RSV – a decentralized stablecoin) and the Reserve Rights token (RSR – a cryptocurrency used to facilitate the stability of the Reserve token and confers the cryptographic right to purchase excess Reserve tokens as the network grows).
Current Price: .01 (also ATH)
Predicted RSR price next bull run: $.25 (this is an edit….originally I had .05, I see this going higher).
Peter Thiel and coinbase are both investors in the RSR protocol. This is not listed on coinbase currently. You can only imagine what will happen to the price once this inevitable listing occurs (see LINK).
Well, those are my predictions for various alts.
I am certain there will be many more in the DeFi space that outperform the coins i just mentioned.
That being said, do your own research.
Crypto is a speculative space and you should only ever invest money you are willing to lose.
Good luck guys.
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