Advertisement
Popular Trader Reveals Cheap Altcoins for Early Retirement
- Ran Neuner predicts a “parabolic bull-run” in the crypto market, emphasising potential life-changing gains but warns that success requires understanding of market narratives.
- Narratives greatly influence the crypto market, affecting investor sentiment and market trends through stories about technology, regulations, and economic factors.
- Neuner identifies Decentralised Physical Infrastructure Networks (DePIN) as the next big trend in crypto, focusing on community-driven, blockchain-based development of physical infrastructure like telecom networks and EV charging stations.
Parabolic Bull-run Incoming
Popular YouTuber and CNBC Crypto Trader Ran Neuner shared in a recent video what his top picks are when it comes to the next bull run. First, Neuner assured his viewers that the bull market is still in its early stages. According to Rekt Capital, the Bull market is currently 28.4% complete.
This led him to claim that we are currently at the “beginning of a parabolic bull-run.”
The next part of the bull market is the parabolic part where millionaires are gonna be made, and billionaires are gonna be made – and people are going to make absolutely real, life-changing money
Ran Neuner However, he stressed that not everyone will succeed – because as he put it “not everyone knows how to read the narrative.”
Neuner firmly believes that those who identify the best opportunities will make the most significant gains. And while Bitcoin (BTC) and Ethereum (ETH) are the top dogs and are expected to do very well and provide very reasonable gains, this is not where the real, life-changing money will be made, according to Neuner.
Crypto Works in Narratives
Narratives play a significant role in the crypto market. Like many financial markets, crypto is heavily influenced by the stories and perceptions that are created and shared among investors, enthusiasts, and the media.
These narratives often significantly impact investor sentiment, market trends, and the overall adoption of various cryptos. They often revolve around technological advancements, regulatory changes, market trends, and broader economic factors. Understanding these narratives can be crucial for anyone involved in the crypto space, as they can drive market movements and influence investment decisions.
Neuner’s Prediction for ‘The Next Big Thing’
Finally, Neuner revealed what he believes to be the next big thing, and it’s not tokenisation of real-world assets (RWA) – although that is also a topic that will likely continue to gain traction.
The topic of interest here is DePIN or Decentralised Physical Infrastructure Networks, which indeed represents an emerging trend in the crypto and blockchain space. DePIN leverages blockchain technology to enable communities, rather than corporations, to build and manage real-world physical infrastructure, such as telecom networks and electric vehicle charging stations, in a decentralised, permissionless manner using tokens as incentives. This approach aims to democratise infrastructure development, making it more accessible and open to widespread participation.
While we have seen some institutional talk about RWA’s and tokenisation and indeed work being done by several networks, such as ChainLink (LINK), DePIN is a relatively nascent thing, with Messari only coining the term in 2022.
Author
Aaron Feuerstein
Aaron Feuerstein is a freelance writer based in Melbourne. His focus is on decentralised finance and the regulatory space surrounding blockchain. He holds a Master's in Accounting. When he is not studying the latest legal case, he enjoys his time as a modest but eager hobby cook.
