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Author Topic: Which use case or utility will lead in 2024 or next bull market  (Read 362 times)
Tony116
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August 06, 2022, 02:41:20 AM
 #21

I don't think any of this will be the cause of the 2024\2025 hype. The market is not returning to old technologies, but constantly trying to invent something new or past hypes are diligently modernized, as it was in the case of ICO, which after 4 years evolved into IDO. Since the industry itself is young, it can still generate new technologies and due to that attract more and more investors. So I do not exclude that in 2-3 years altcoin hype will be built around a completely new business model.

Yes, the industry is very young and after each cycle we always have new trends, new technologies created in the market. But the old technologies have not completely disappeared, web3 we have been hearing about since 2018 I remember correctly I got to know web3 through the BAT token and so far there seems to be no real hype for web3. Metaverse too, they are all very new and untapped so most likely they will be the new trend of the upcoming bull season.

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August 06, 2022, 02:42:16 AM
 #22

It is a matter of ambiguity when it comes to short-term trends since technological as well as economic changes are, in many ways, only instantaneous if not profoundly beneficial. Personally, I think things will be simpler when finance changes. New financial markets like crypto will receive a lot of attention on their own, and by then new features will appear to be applied in life, and of course, the mainstream of the market like BTC and ETH is still leading.

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August 06, 2022, 03:05:37 AM
 #23

Usually it is unique or something that existed before, but it was not that famous and a response to problems.

For example, we first witnessed harkforks as a way to facilitate the mining process and thus obtain free money, and then mining became an expensive idea, so all the quota proof of stake appeared, and then we went to the problem of fees and solutions appeared Like the second layer or cheap altcoins so we need solutions such as ICO & IEO, and then the fever of NFTs tokens and Meta appeared.


so the chances to get new idea is more than using old one,

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August 06, 2022, 07:41:42 AM
 #24

If I have to judge with the past crypto history its always something new every bull season, who would have thought that meme coins will cause a stir in crypto space last bull season? Maybe in 2024 we will yet notice another use case again?...
I think it's only a coincidence that on each bull run, there is also a new trend in the space. Can't say new addition since some can just disappear and became obsolete (ico for example). It came once with a bang on the year 2017 when cryptos are experiencing their new ath but a year or so later, ico have fallen and replaced by ieo, ido, and others.

Bull run can sometimes take a long time to occur like 4 years, so with that long, new discoveries are likely going to come. Meme coins came in I think after ico trend but unlike ico, meme coins are useless. They don't have use cases. Even without new trends, bull run can still come on their own.
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August 07, 2022, 09:52:40 AM
 #25

What's the next big utility for 2024/2025? Not hyped based without real use cases though, I am talking about real world use cases that can pump in billions of dollars by that time..

1. The returns of Metaverse
2. Web 3.0
3. Play to earn
4. Layer 2 projects
5. NFTs
We're done with most of these on the list but I think that there's still going to be a big thing for the web 3.0. People are starting to realize what it is all about.

And what's the difference from web 1.0, 2.0 and 3.0. The overwhelming demand on it possibly will come when the bull run comes. P2E, I guess they're all done.

There could be a massive hype again on it in the future but only for the few projects that will remain standing or else, it will be the same as the hype that it has got before and will only attract more scam projects.
Why do you say that all play 2 earn are done? Most of them aren't even finished yet, last time I checked many games are still in beta phase and axie infinity is topping right now because no worthy contender yet, axie won't be the first on the list in the near future, saying play to earn is done for is a big mistake my friend.

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August 08, 2022, 09:48:19 AM
 #26

By the looks of it, usually something that barely started during the first one but didn't get any proper attention. Back in the 2014 period ETH got a bit of attention but not a whole lot, 2017 let ETH grow huge. During 2017 the "nft" world got a bit interest, but tech wasn't there yet, cryptokitties etc clogged ETH but wasn't ready, then in 2021 we saw that go up a lot.

I think metaverse didn't get enough attention, I mean there were only a few projects and they got all the money, just like previous examples, but I think the whole idea would grow when we see the next one, plenty of projects are getting ready and developing for that next bull run to release their new metaverse projects.

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August 08, 2022, 10:03:11 AM
 #27

My prediction is metaverse and web3 will be the trend in the next bull run, things are still in the early stages, not much hype for these two trends yet. Layer 2 is an extremely important part of the extension for layers1 so it will always be there and growing with the market, NFTs have weathered the hype but will still have a niche in the market for those who love them, P2e is the thing that makes me most suspicious, I don't think the p2e trend will come back.

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August 08, 2022, 12:14:12 PM
 #28

Metaverse, P2e and NFTs seem like the same category to me, of course they are different, but as a result. You will need NFT in a metaverse and this metaverse should give you something, so p2e comes into play. Web3 and Layer 2 projects remain. I think all of these titles will be effective in the next bull. The important thing is which layer 2 project will be the best or which web3 project will be the best built.
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August 08, 2022, 10:24:33 PM
 #29

Next bull run will be triggered by bitcoin halving.

NFTs, play to earn games, metaverse and other projects and concepts in crypto universe are just going to be boosted as side effects of bitcoin halving, like it has always happened.

Investors must be aware bitcoin drives this market in every directions and another projects just follow its lead. Therefore, first of all we must hold bitcoin and only after we are confortable in our btc position we should expand our horizons to another fields in cryptocurrency.

Anyway, from all side effects of next bitcoin halving, which will cause the bull run, I expect to see at least one very decent play to earn opportunity.

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August 09, 2022, 09:13:13 AM
 #30

Collectible NFT is definitely not, their hype is already ended, and it actually has zero utility. Play-to-earn game is already get some hype, but it's not widespread and I think play-to-earn is not too different with how NFT work, I mean it's basically an NFT but used as in-game item, so the only utility is for entertainment and so does the Metaverse, so I don't have high hope for this one. People already talking about Web3 everywhere, but I don't see the actual working product that goes mainstream until now. While Layer 2 will actually help the main problem of so many blockchain project, so I don't know which one will actually become the leader but I might can arrange based on the possibility, that is solely my opinion.

1. Layer 2
2. Web 3.0
3. Play-to-earn / Metaverse.



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August 09, 2022, 10:25:59 AM
 #31

What's the next big utility for 2024/2025? Not hyped based without real use cases though, I am talking about real world use cases that can pump in billions of dollars by that time..

1. The returns of Metaverse
2. Web 3.0
3. Play to earn
4. Layer 2 projects
5. NFTs
Web 3.0 will be my guess, even though we are not going to achieve the complete decentralized internet still it will plays the role and I feel metaverse still needs more time so among the listed 3.0 can be the one.

But I don't think this is not really going to help or push the cryptocurrency market towards the bullish trend, again bitcoin will outperform all these shit coins at the end of the hype.

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August 09, 2022, 12:12:29 PM
 #32

Most new innovations like Metaverse and Play 2 earn games are not completed yet so it's easier to say that these use cases will be available and do so well in future, but let's not forget how surprising crypto space can be at times, something new might rise from the deep and take over in future.

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August 09, 2022, 04:21:20 PM
 #33

metaverse as far as I know is still unfinished, the massive rally back then wasn't really metaverse in its better state instead most of the metaverse are still in beta and many games are still under development.
I think in the next rally metaverse will always have more chance of regaining back its fame, and reaching its ATH back, there are many metaverses that could bring other waves of metaverse trend, I think metaverse future is bright even though NFT could hardly reach its ATH again.

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August 09, 2022, 04:39:26 PM
 #34

It doesn't necessarily have to be a real world utility for the bitcoin price to pump. Let me give you an example so you can understand this better.

Grayscale is trying to get the SEC to accept their new bitcoin spot ETF. What this means for bitcoin is that it will have access to billions of dollars from your average retailers that don't really want to go through the hussle of actually trading bitcoin. A spot ETF, which will directly track the bitcoin price, will allow them to diversify their portfolio and invest in bitcoin without actually owning it.

If you understood anything from what I said above, you will understand why having a bitcoin spot ETF is crucial if we want to have a strong bull cycle.
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August 09, 2022, 04:51:06 PM
 #35


What about scaling solutions like that ones we see  today,  I don't think they are going to go away since they are way developed no than before. There is BNB, SOL, AVAX or MATIC. This is bringing more good than  2nd layer, NFTs or P2E projects.

These tokens pumps faster than the rest and sometimes you may just have to wait for a quick dip to grab. Takes patience to  wait for it though.

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August 09, 2022, 05:14:27 PM
 #36

It would be difficult to predict which would be the next big thing in the cryptocurrency space, Infact it could be something we never anticipated. The cryptocurrency industry is in a constant Flux and the rate of change is rapid. It's even possible that we have a revisit of deflationary tokens. This may seem strange but it's not impossible.
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August 09, 2022, 05:29:46 PM
 #37


What about scaling solutions like that ones we see  today,  I don't think they are going to go away since they are way developed no than before. There is BNB, SOL, AVAX or MATIC. This is bringing more good than  2nd layer, NFTs or P2E projects.

These tokens pumps faster than the rest and sometimes you may just have to wait for a quick dip to grab. Takes patience to  wait for it though.

I could also see a better future when the bull run approaches with the coins that you have mentioned especially BNB and MATIC than NFTs. Some top NFT coins almost lost their value so it will take time for them to recover even if the bull run comes. Top coins have a better potential to reach a good value and strike a good market spot in the future. I believe that they would be more profitable and holders will benefit more from them than NFTs.
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August 09, 2022, 08:20:00 PM
 #38

I don't think that web 3 will matter much in future because Web2 is still kicking ass, also layer 1 projects will still do better than most layer 2, every use cases in the crypto space are going to be experimental for a very long time and only very few will prevail.

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August 09, 2022, 10:03:46 PM
 #39

If I have to judge with the past crypto history its always something new every bull season, who would have thought that meme coins will cause a stir in crypto space last bull season? Maybe in 2024 we will yet notice another use case again?...
From my observation, theirs no know new coins that have fifty percent bullish market. Before any of them will a good value in price,it most come in a long way with some of Bitcoin acceleration and couple with Ethereum increment. So bullish market or bullish season started with bitcoin approach in price rising and falling. If you check your watch list of coins you will notice that some coin get values through bitcoin price.


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August 09, 2022, 10:34:58 PM
 #40

I don't think that web 3 will matter much in future because Web2 is still kicking ass, also layer 1 projects will still do better than most layer 2, every use cases in the crypto space are going to be experimental for a very long time and only very few will prevail.
When we get in 3.0, surely it would surely gradually become a thing that time. It is still a matter of experimental just like what you said and it might not work for all the devices. Cross compatibility in web is an ass, and good thing that we have frameworks that take care of those.
Imagine having to recode everything just to make it compatible in another device. Makes me remember those awful days in CSS learnings in my web dev career, lol.
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