Many industry experts have given their two cents on the future of the crypto market in the next 12 months, and most of them lean bullish., which will slash block rewards in half. This means that the supply available for miners to sell will effectively decrease by 50%. If the demand for it remains the same or it increases, the price will go up – that’s how markets work.
Coupled, these two factors make for the perfect storm, according to a number of analysts. And while Bitcoin’s future seems bright, we decided to take a look at the top five most interesting altcoins to watch during that time. If you want to check out a different iteration on this list, however, crafted by well-know experts, take a look at the video below:Recognized for dominating the DeFi ecosystem and transitioning to a more scalable Proof of Stake algorith, Ethereum continues to be a key player in the blockchain space, with a significant total value locked and a substantial market cap. – says ChatGPT.
Despite the massive competition of late, Chainlink remains the largest decentralized oracle network, playing a vital role in the DeFi sector. Put very bluntly, it facilitates communication between blockchains and the real world. This makes it a critical component of DeFi infrastructure.Shrouded in controversy and perhaps one of the most polarizing projects in the industry, Cardano is placed as the number five top altcoin to watch this year.