Next Bull Run Is Different From 2021: Market Focus Shifts From Metaverse, NFT and P2E to AI, RWA and DePin
Among a few important discussions, one matter that people across the crypto market are discussing is ‘the next crypto market bull run.’ Although no one is certain for when the event could occur, it is anticipated that this time it is going to be massive. Other than being the biggest, this bull run is different from the previous ones in terms of the sectors that will lead the rally.
The bullish and bearish phases are common phenomena due to the crypto market’s cyclical nature while moving forward. Historically Bitcoin (BTC) price movements have ignited and sustained the bull runs but gradually the dependency shifted to other altcoins, sectors and narratives.
A glance in the past cycles shows BTC price first saw a massive jump in 2011 when it rose from $0.8 to $36 due to new traders entering the market and pouring money. Later in 2013, Bitcoin sustained $50 price levels and later hit the $1,000 mark for the first time.
Fast forward to 2017, Bitcoin price surged from $1,000 to $6,500 and made the highest peak at $19,666. Eruption of initial coin offerings and performance of Ethereum (ETH), and newly launched Filecoin (FIL), Tezos (XTZ), Polkadot (DOT), Cosmos (ATOM) and few others pumped the market to unprecedented levels.
After a long bearish phase, the crypto market rebounded in 2021 where the Bitcoin price rose to insane levels of $69,000. Global crypto market hit $3 Trillion for the first time and every other asset rallied to their highest trading prices: ETH at $4,000, SOL hit $260, BNB reached a high of $650, ADA at $3 and so many others.
The highlighted sectors of this bull run were frenzy around non-fungible tokens (NFTs), metaverse, gameFi due to play-to-earn (P2E) among others. However, almost none of these trends are relevant today since much more mature narratives make it to space and spread all over.
The major advancements in the crypto and blockchain space in terms of functionality and scalability is attracting institutional interest as well as acceptance as it can be seen from increased investments. The clarity on regulations also boosts optimism in the burgeoning asset class.
These trending narratives including artificial intelligence (AI), real world assets (RWA), and decentralized physical infrastructure networks (DePIN) are gaining significant traction from investors and crypto enthusiasts alike. So much so that these are likely to drive the upcoming crypto bull run along with Bitcoin and major altcoins.
Clearly the AI, RWA, and DePIN are going to carry out the next bull run and the native tokens have proved it. The price performance of few tokens belonging to these sectors drew the attention of investors and they are among top gainers of this year. The number of projects in these sectors are growing at a rapid pace that end up increasing confusion when it comes to picking a potential project.
Based on the analysis, here are leading tokens belonging to each of these sectors that we found, are going to lead their native sectors.GameGPT (DUEL), Landshare (LAND), and Arweave (AR) are the leading AI, RWA and DePIN sectors respectively and likely to drive the growth in the coming bull run.
GameGPT (DUEL)
AI-driven cryptocurrencies are currently in the spotlight, with GameGPT ($DUEL) emerging as a standout during the altcoin season of 2024. By merging artificial intelligence with blockchain technology, $DUEL aims to revolutionize the gaming sector through AI-enhanced game development.
Within the vibrant field of AI cryptocurrencies, GameGPT sets itself apart with its innovative approaches and distinctive features. Founded in 2020, this AI-based game development protocol is designed to transform the gaming industry by incorporating AI into the game development process. The $DUEL token plays an essential role in over 10,000 games, improving programming and economic structures, facilitating community votes, in-game features, and transactions within the GameGPT ecosystem.
GameGPT leverages AI strategies to accelerate game development and make creation more accessible, establishing itself as a leader in blockchain gaming innovations.
Recently, GameGPT formed a strategic alliance with Hydro Protocol on the Injective network, strengthening its position at the intersection of blockchain and advanced gaming technologies. To celebrate this partnership, GameGPT initiated a special $DUEL token airdrop for the Hydro Protocol community, incorporating partnership-themed quests to enhance user engagement.
Support from renowned companies like Animoca Brands, CoinFund, and Polygon, as well as partnerships with top gaming titles, have reinforced GameGPT’s robust foundation. The impressive performance of the $DUEL token rally has notably boosted my investment portfolio, affirming my position in the growing AI cryptocurrency market.
The recent market downturn affected the AI sector and DUEL token received the same treatment. Still the token broke the downside streak and saw 6% increase in the weekly timeframe, sustaining at $0.0044 at present. As the AI narrative continues to grow the market share, DUEL is in the position to get going matching the pace.
Landshare (LAND)
Real world assets (RWAs) are taking the front of the cryptocurrency market. Tokenization of assets is becoming popular and many projects are emerging within the space providing ultimate values and unique propositions. In the tokenization real estate industry Landshare has played a significant role.
The innovative approach of offering fractional ownership of real estate assets through blockchain technology has drawn investors eager to tap into the profitable real estate sector. The RWA sector is swiftly growing in the fast-paced cryptocurrency market, driven by a broader trend towards asset tokenization across multiple sectors.
LAND, the primary native token of a leading tokenized real estate platform, has grown substantially in this dynamic environment. This growth has proven highly advantageous for investors. Landshare has been at the forefront of blending blockchain technology with real estate, enabling property investments starting at only $1. This model provides investors with fractional ownership of real estate properties, thus transforming the real estate investment scene.
Landshare has successfully employed the LAND token in transactions, as evidenced by the successful sale of four tokenized properties on the Binance Smart Chain (BSC). This demonstrates Landshare’s robust operational strengths and readiness for wider market integration.
This momentum and ongoing enhancements at Landshare have strengthened the platform’s distinct role in addressing the inefficiencies of the traditional real estate market and affirmed my investment decision, offering significant growth and passive income possibilities in the crypto market.
LAND token was no exception to experience a dip recently when the broader crypto market took a plunge. The token price slid from the yearly high of $7 to $1.8 within a few months. However, it possesses the potential to benefit from the market conditions getting better. It is trading at $2.1 jumping 15% within a week showing the token was among the leading tokens to chase the market optimism.
Arweave (AR)
Arweave represents a pioneering approach to decentralized data storage, positioning itself within the sector as a leader in permanent, sustainable data storage—a concept it terms decentralized physical infrastructure network (DePIN). Unlike traditional data storage solutions that rent space, Arweave allows users to pay a one-time endowment, ensuring data is stored forever without recurring fees.
This model is particularly valuable for archiving important data such as academic research, historical records, and digital artwork, thus preventing loss over time. The solid fundamentals of Arweave are underpinned by its innovative blockweave technology, enhancing scalability and data retrieval efficiency.
Arweave’s native token AR performance reflects its leading role in the DePIN sector, attracting investors interested in long-term data preservation and indicating strong market trust in its utility and future relevance.
AR token is trading at $27.8 following an impressive growth of nearly 25% in the last week. It is expected to continue the uptrend given the DePIN narrative spreading its reach among the investors.
End Note
The tokens mentioned here: DUEL, LAND and AR are based on their past performances and belong to the latest trends. Crypto market is prone to volatility and the recent dip is another example of it. Investors should take these as insights of the current market scenario, tokens that could shine during the bull and potential reasons for it.
It is advised to always do your own research before stepping into the crypto market. Always prefer to follow the experts and read the market pattern and trends. The hassle of research and gathering information before investing not only saves investors their hard earned money but also provides good returns.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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