I think we’re right in the middle of the cycle. When you search for the “bear trap” during a cycle, you’ll see a nice little graph that sums it up quite nicely I think. We’re now entering the renewed optimism phase, this is when looking at bitcoin. The altcoin bull market has in my opinion not even kicked off yet. The end of the cycle usually ends with a massive exponential run for a few consequtive days if not weeks. That’s usually the time where alts also go 10x.
It’s always difficult to predict, but I don’t see any signs of this being the end of the bull cycle. I’m happy that others feel different though, otherwise I would be much more likely to be wrong
He’s obviously right. Look at FARTCOIN and TRUMP. Markets are totally rational and we should expect to get wrecked. Would not be surprised if bitcoin hits 200-300K token price this year, or more. Autonomi, if done right on the AI front, could capture 20-50B market cap overnight. It certainly deserves as much.
I’m not sure. I believe the actual circulating supply right now is around 70 million ANT. Tomorrow, shareholder and loan release will increase that to around 200 million. That’s a 7 million to 20 million market cap. But I’m not entirely sure if circulating supply is accurate.