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    2024 Bull Run A Brief History

    Uploaded by

    Swarnim Chaudhuri

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    © All Rights Reserved
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    2024 Bull Run A Brief History

    Uploaded by

    Swarnim Chaudhuri
    7 views10 pages

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    2024-Bull-Run-A-Brief-History

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    © All Rights Reserved
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    7 views10 pages

    2024 Bull Run A Brief History

    Uploaded by

    Swarnim Chaudhuri

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 10

    2024 Bull Run: A Brief

    History
    The 2024 Bull Run marked a period of notable market upswing driven by optimistic
    economic conditions and specific catalysts. Investors showed increased confidence,
    leading to heightened buying activity in various asset classes, including stocks and
    cryptocurrencies. These bullish trends were spurred by positive economic indicators,
    breakthroughs in technology, and favorable government policies. However, bull runs are
    cyclical, and caution is advised as they are often followed by corrections or bear markets.
    Diversification and awareness of potential risks are crucial for navigating these market
    dynamics successfully.

    by Swarnim Chaudhuri
    Bitcoin Halving in 2024

    Understanding the Halving


    The Bitcoin halving in 2024 is a significant event in the cryptocurrency space. Scheduled to occur
    approximately every four years, this process reduces the reward miners receive for validating
    transactions by half. The 2024 halving aims to limit the total supply of Bitcoin to 21 million,
    enhancing its scarcity. Historically, such events have triggered increased interest and upward price
    movements in Bitcoin due to reduced new coin issuance. Investors closely monitor these halvings,
    considering their potential impact on the market dynamics and Bitcoin's value.
    Bitcoin Spot ETFs by Top Asset Management
    Companies
    Expanding Investment Options
    Several asset management companies are considering or working towards launching Bitcoin
    spot ETFs (Exchange-Traded Funds). Some notable firms in this space included Grayscale,
    ArkInvest, BlackRock, VanEck, and WisdomTree. These ETFs aim to provide investors exposure
    to the actual price movements of Bitcoin without the need to directly hold the cryptocurrency.
    Top Narratives of Upcoming Crypto Bull Run

    1 Metaverse/Gaming
    The concept of the metaverse, a virtual shared space that merges physical and virtual
    reality, has captured significant attention. Projects exploring virtual worlds,
    decentralized applications (DApps), and blockchain-based assets within the
    metaverse have become focal points for investors, contributing to the bullish
    sentiment.

    2 AI
    The integration of AI with blockchain technology is seen as a transformative force in
    the crypto space. AI-driven solutions for data analysis, smart contracts, and predictive
    modeling are gaining traction. This convergence of AI and blockchain is anticipated
    to bring innovation and efficiency to various crypto projects, driving investor interest.

    3 Real World Assets


    The tokenization of real-world assets, such as real estate, stocks, and commodities, is a
    narrative gaining momentum. Blockchain facilitates the fractional ownership and
    trading of these assets, making them more accessible to a broader range of investors.
    This trend is expected to bring new liquidity and opportunities to the crypto market.

    4 Meme Coins
    While meme coins may be considered speculative, they have become a notable part
    of the crypto landscape. The popularity of meme coins, often characterized by vibrant
    communities and social media presence, can influence short-term market trends.
    However, caution is advised due to the inherent volatility and speculative nature
    associated with these coins.
    Metaverse Coins

    1 Star Atlas 2 Decimated

    3 Altura 4 Metahero
    AI Coins
    ChainGpt Dexcheck
    Real World Assets Coins

    Exploring Polytrade Goldfinch


    Meme Coins and Their Considerations
    Risk and Speculation
    Investing in meme coins poses significant risks due to their extreme price volatility, lack of
    fundamental value, and susceptibility to pump and dump schemes. Their speculative nature,
    driven by social media trends, can lead to rapid and unpredictable market movements.
    Including meme coins in a diversified investment strategy requires thorough research, caution,
    and an awareness of the potential for substantial losses.
    Popularity of Meme Coins on Solana and Avalanche
    Chains

    1 Bonk Coin Case Study


    Meme power: Launched in December 2021, Bonk Coin surged on the back of a
    Shiba Inu meme and community hype. Its playful branding and association
    with "Dogefather" Elon Musk fueled rapid growth.

    Decentralized finance (DeFi): Built on the Solana blockchain, Bonk Coin


    offered DeFi features like staking and yield farming, attracting yield-seeking
    investors.

    Price explosion: Bonk Coin's price rocketed over 100x in its first month,
    reaching an all-time high of over $0.00004 in January 2022.

    Volatility bites: As with many meme coins, Bonk Coin's price plummeted
    after its initial surge, down over 99% from its peak by January 2023.

    Community remains: Despite the price drop, Bonk Coin retains a dedicated
    community that continues to develop projects and use the token for DeFi
    purposes.
    Screening New Meme Coins
    Identifying New Coins
    Learn about the procedures and best practices for
    screening new meme coins using tools such as Dextools
    and de.fi apps.

    Community Engagement
    Understand the role of community engagement on
    platforms like Twitter, Discord, and Telegram in assessing
    the validity and potential success of new meme coins.

    Kimbo Oppurtunity
    Kimbo is a dog based meme coin on the avalanche chain
    which could have massives uptrend if the community is
    able to build the hype just like bonk. Since AVAX and SOL
    are emerging as top alt coins the meme coins in these
    respective blockchains are also expected to gain
    popularity. Kimbo has a growing follower base and is
    gaining traction on youtube.

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