Don't Look At Price Predictions

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Do Not Be Mislead By Price Predictions And Think For Yourself

I think the biggest mistake anyone can do is to get caught up in price predictions because no one knows and it is pure speculation. Until we see a crypto project being adopted as a cross over into the real world every price prediction is a thumb suck.

If we were to be really honest with ourselves most crypto projects are over valued for what they offer because they have proven absolutely nothing. This is why projects with burn mechanisms were so popular because it didn't really matter if there was no use case or little tech as long as the supply was deflationary.

What has become obvious of late is the too early being in crypto and we still have years ahead of us before we see the cross overs crypto projects becoming a normal event. We keep looking out for any new tech that would speed the adoption process up, but it is clear many projects don't have it and never will.

I was reading an article that quoted VanEck’s analysts saying that Ethereum Layer 2 tokens will be worth $1 Trillion by 2039. That is only 6 years away and the current L2 tokens have a combined market cap of $39 billion. This I think is not a huge stretch of the imagination because that is only a 25 x from today.

This does not mean the biggest L2 token being Arbirtum (ARB) with $18 billion will lead the way and be the most valuable. We have already seen what COTI bought to the L2 party with their new privacy technology which will remove value from those who thought they had the best privacy technology available and are now considered a second rate project. hey have already partnered with CIVIC for encrypted identifications.

What the $1 trillion market cap really means is that over the next 5 years we are going to see much more development and partnerships crossing over into real world use cases. Instead of having 47 tokens making up the $1 trillion there will most likely be 10 x that amount of L2 crypto's plus their partnerships.

The VeChain with VET is the only obvious crypto crossover project that I have seen along with COTI and their newly minted DPINR token being used in gambling. VET I have said all along will shock everyone from 2025 onwards with what they have and that is only when the real value is being added to what they have developed.

What amazes me is you have projects in the top 100 by market cap and have literally proven nothing what they can do. These projects will have to fall away eventually because you have to produce the goods showing the investors you have value. Speculation is great, but you do have a timeline and we cannot be talking about this in 2030 when other projects have already proven themselves.

The split will happen when institutions invest in projects that have the developed the cross over technology and that would be big new money leaving those with broken promises behind. Research is the only tool we have to ensure we are in the right projects before this transpires.



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2 comments
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Do you have a link to that VanEck study you referring to? Sounds interesting

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It is true that after watching youtube videos people see the predictions that happen then they make their target too high after which they can never make profit always in loss in this market. If you live, it is better that whenever you are getting four or five X, you have to book profit immediately.

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