These Crypto Next Steps Could Trigger a Massive Rally for Solana, Dogecoin, and Three Altcoins CryptoGlobe
Starting with Solana (SOL), the Coin Bureau host claims that the sixth-largest blockchain by market capitalization is still “technically in beta” and a mainnet launch is underway. Guy tells his 1.87 million YouTube subscribers that he’s not convinced the bull market is over and thinks there are “crypto milestones ahead that could be a catalyst for a massive reversal.”
The Coin Bureau host also said that the second milestone Solana is about to reach is the introduction of on-chain governance.
According to Guy, the Solana mainnet could go live “around March of this year.” A mainnet is a blockchain ready for the real world, as opposed to a testnet which is a blockchain in the testing or experimentation phase.
Next up is Litecoin (LTC). Guy says Litecoin’s upcoming privacy-enhancing feature known as MimbleWimble will make LTC the “world’s most accessible cryptocurrency with privacy-preserving features.”
“It will likely create a lot of demand for SLDs and a lot of positive price action per extension.”
The next step is Dogecoin (DOGE). According to Guy, two upcoming Dogecoin milestones could generate hype that could boost the dog-themed crypto asset.
The two milestones launch GigaWallet, a backend service aimed at making it easier for businesses to use Dogecoin for payments.
“While these upgrades are unlikely to have a direct effect on the price of DOGE in the near term, the hype alone will likely be enough to drive prices up.”
Another milestone is the launch of a software development kit that will allow developers to create new Dogecoin-related products.
Next up is Ethereum’s (ETH) leading layer 2 scaling solution, Polygon (MATIC). The Coin Bureau host claims that Polygon has dedicated resources to building additional scaling solutions for Ethereum and names two projects that may be optimistic for MATIC once they go live.
“The two that are likely to create the most demand for the MATIC token are Polygon Miden and Polygon Zero…
Chances are Polygon’s upcoming scaling solutions will be much more secure. And once they go live, there’s a high probability that MATIC will be lunar.
Next is the Axie Infinity (AXS) play-to-earn game. Guy says that Axie Infinity’s Ethereum-linked sidechain, Ronin Network, may go public with its RON utility token in early February, which could increase associated crypto assets.
“…I have a feeling this list will have a positive effect on all play-to-earn crypto projects and possibly NFTs as well.”
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- These Crypto Next Steps Could Trigger a Massive Rally for Solana, Dogecoin, and Three Altcoins CryptoGlobe
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