My *BRAND NEW* Altcoin Picks For 2023!! I’m Buying RIGHT NOW!!! Before It’s Too LATE!!!

Is Bitcoin Bottomed Out and the Next Bull Run Beginning?

Bitcoin has been experiencing a significant bounce, and altcoins are also surging. This has led many to wonder if Bitcoin has finally hit its bottom and if we are now entering the beginning stages of the next bull run. Looking at the timing of previous cycles, it seems that this cycle’s 378 days to the bottom aligns with past patterns. This suggests that we have indeed been in the beginning stages of the next bull run since November 21st, 2022. This is the stage where the most profits are typically made.

Which Altcoins Will Climb the Market Cap Rankings the Fastest?

While many may expect me to mention my usual picks like Energy Web, Chainlink, and GMX, this article is about something new. The recent pump of Gala, the top trending coin on Coingecko, indicates that web3 gaming projects will likely thrive in the coming bull run. Gala is a good example, but there is an even better web3 play-to-earn game studio called Illuvium. Illuvium is set to launch its first game, which is an ecosystem of multiple games. The first game, Illuvium Overworld, is currently in public beta and offers an open-world exploration experience where players hunt down and capture illuvials, creatures that inhabit the game. These captured illuvials are NFTs that can be traded and sold on the Ethereum blockchain. Additionally, Illuvium offers a battle arena where players can strategically battle their captured illuvials against wild ones. The game also features PVP battles and the ability to bet Ethereum on games, including as a spectator. Illuvium Zero, the mobile and desktop companion game, allows players to develop and manage a digital industrial complex. The integration of Illuvium assets with Synthetix, a top DeFi project founded by the brothers of Illuvium’s founder, further adds to the bullish case for Illuvium.

Maple Finance: A Promising DeFi Project

During a bull run, money flows rapidly into the crypto markets, and the need for money by crypto-focused companies increases. Many companies turn to loans to fund their operations, and Maple Finance is a top project in the decentralized finance (DeFi) space that facilitates this. Despite being hit hard by the FTX contagion, Maple Finance has clarified that it had no loans to Alameda, and the defaults were minimal compared to its total loan volume. Maple Finance has built a robust lending and borrowing platform, and they recently announced version 2.0, which is a fundamental overhaul of their smart contract architecture. This upgrade will enable Maple to bring capital markets on-chain and scale into the tens of billions and beyond. Despite the current price decline, Maple Finance has issued over $1.9 billion in loans on its platform, and with the upcoming bull run, there is a strong possibility that Maple will reclaim its former ranking and push even higher.

Frequently Asked Questions

1. Has Bitcoin hit its bottom and entered the next bull run?

Based on the timing of previous cycles and the recent low of Bitcoin, it is likely that Bitcoin has hit its bottom and we are now in the beginning stages of the next bull run.

2. Which altcoins are expected to climb the market cap rankings the fastest?

Web3 gaming projects, such as Gala and Illuvium, are expected to perform well in the next bull run. Illuvium, in particular, stands out as a AAA play-to-earn game studio with a unique ecosystem of games and strong potential for integration with Synthetix.

3. What is Illuvium and how can players earn from it?

Illuvium is a web3 play-to-earn game studio that offers a range of games. The first game, Illuvium Overworld, allows players to capture illuvials, which are NFTs that can be traded and sold. Players can also engage in strategic battles with their captured illuvials and bet Ethereum on games. Illuvium Zero, the companion game, allows players to develop and manage a digital industrial complex and earn from the sale of fuel and blueprints.

4. What is Maple Finance and why is it promising?

Maple Finance is a decentralized finance (DeFi) project that enables crypto companies and institutions to obtain loans from a decentralized pool of lenders. Despite being affected by the FTX contagion, Maple Finance has clarified that the defaults were minimal compared to its total loan volume. With the recent announcement of Maple 2.0, which facilitates scaling into the tens of billions, Maple Finance has strong potential for growth in the next bull run.