Market Expectations & Altcoin Trends

DAILY MARKET OVERVIEW

Market Expectations Going Forward

👋 Hey Crypto Enthusiasts! We hope you're enjoying the holidays! Today, let’s dive into the market's potential and explore what might be on the horizon.🌟

The holiday season has brought a typical slowdown to the crypto market, with reduced liquidity and trading activity. As the year winds down, Bitcoin dominance is expected to grow, and we might see BTC testing the $86K–$88K range, with Ethereum targeting $2,800–$3,000. If these levels are reached, they could represent the market bottom.

January is shaping up to be volatile.

• On January 20, Donald Trump will be inaugurated as U.S. president, which could bring significant policy and geopolitical shifts.
  

• Later in the month, the Federal Reserve meeting will provide critical insights into the economic outlook, likely influencing market sentiment.
  

• Geopolitical developments, such as potential negotiations between Ukraine and Russia under Trump’s administration, could add a bullish spark to the markets.

While Ethereum may see gains, it’s unlikely to outperform Bitcoin significantly, with ETH’s peak for this cycle estimated at around $5K.

Another promising development for early 2025 is the potential release of the Base token. If it happens, this launch could drive significant interest and growth within the Base ecosystem, adding another layer of excitement to the new year.

🔔 Stay tuned for more insights and updates as 2025 unfolds!

THIS NEWSLETTER IS BROUGHT TO YOU BY:
OPENWALLET

Next-level security for your digital assets

Experience top security with Open Wallet. Your wallet blends user-friendliness with strong security.

SOCIAL SENTIMENT

Narratives

With the current low liquidity and volume environment most altcoins are struggling however some strong narratives are emerging.

1. Popular analyst Credible Crypto is bullish on XRP, CRV, CVX, and HBAR, with XRP leading, targeting $4+ short-term and $20–$30 long-term. CRV and CVX eye $2 and $15, while HBAR may dip to $0.16–$0.20 before rising. Bitcoin stability is key to altcoin momentum.
   

2. HYPE - Hyperliquid remains a top pick for the rest of the bull cycle amongst the crypto X community
   

3. CLANKER - Clanker is a leading token launchpad on the Base chain, comparable to Pump.fun on Solana. It has launched nearly 28,000 tokens, generating over $13 million in fees.
   

4. wQUIL - QUIL is building a decentralized internet with a growing community, similar to TAO in its early days. Current price action is weak, but a strong rise is anticipated.

The altcoin market remains slow, with expectations of improvement in Q1. Volatility to the downside is likely, especially if Bitcoin tests the $86K–$88K range.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Vitalik Buterin Donates $293K to Thai Zoo, Adopts Viral Pygmy Hippo
Vitalik Buterin supports Thailand's Khao Kheow Zoo with a $293,000 donation, honoring Moo Deng, the viral pygmy hippo beloved worldwide.

Charity Memecoin MIRA Raises Over $1M for Cancer Research
Tech CEO Siqi Chen’s memecoin, MIRA, soared to $80M market cap, enabling $1M+ donations to fund research into rare childhood brain tumors.

Bitget to Burn 40% of Token Supply, Introduce Quarterly Burns
Crypto exchange Bitget will burn 800M BGB tokens worth $6.8B and begin quarterly burns using 20% of operational profits starting 2025.

Jupiter DEX Airdrop to Distribute 700M Tokens in January
Jupiter DEX aggregator plans a $580M JUP token airdrop in January, rewarding users, stakers, and community supporters for ecosystem growth.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Lark Davis - My Top 10 Crypto Coins For The 2025 Bull Run (27.12.2024 Summary)

Crypto expert Lark Davis is betting big on 10 altcoins that he believes could deliver massive returns during the 2025 crypto bull market. He stresses that while these coins are exciting, crypto investing is risky, so proper research is crucial.

Lark’s Top 10 Altcoins for 2025

1. Aptos (APT): Born from Facebook’s Diem project, Aptos is making waves in DeFi. With $1 billion+ in locked value, native stablecoins, and surging user activity, it’s primed for explosive growth.
   

2. Sei: A lightning-fast blockchain combining the strengths of Ethereum and Solana. Sei’s sub-400 millisecond transaction finality and growing user base make it a serious competitor in speed and scalability.
   

3. Sonic (formerly Fantom): Rebranded and supercharged, Sonic handles 10,000 transactions per second with sub-second finality. Big names like Curve and Yearn Finance are already building here.
   

4. Near Protocol: Dubbed the “AI blockchain,” Near blends artificial intelligence with blockchain technology. It boasts 40 million monthly active users and ambitious AI projects like a trillion-parameter model.
   

5. Beam: A gaming-focused blockchain that’s integrating AI to change the way games are made. Backed by a strong community and treasury, it’s one of the hottest names in blockchain gaming.
   

6. Zentry: This “game of games” metaverse is creating a unified economy for gamers. Partnering with Ragnarok Online highlights its potential for mainstream success.
   

7. Off the Grid: A groundbreaking Web3 game backed by Coinbase Ventures and featuring console-quality gameplay. With 500,000 daily players, it’s bridging the gap between traditional and blockchain gaming.
   

8. ai6z: A leader in AI agent development, ai6z provides tools for building decentralized AI. Davis believes it’s a solid way to benefit from the growing AI sector in crypto.
   

9. Zerebro: With its focus on Python, the leading AI development language, Zerebro is rapidly gaining attention from developers and is a strong AI play alongside ai6z.
   

10. Red Belly Network: Leading the real-world asset (RWA) charge, Red Belly has already tokenized $70 billion in assets and plans to bring trillions more on-chain.

Lark’s Advice

Lark loves these coins but reminds everyone: "Crypto is risky, and nothing is guaranteed. These picks have 10x potential, but they’re not for the faint-hearted." He plans to sell in the bull run, so he advises researching thoroughly before investing.

Takeaway: If you’re looking for promising altcoins, Lark’s list is a great starting point -but always do your homework.

CoinBureau - Wall Street's Secret Plan For Crypto: What The Banks Are Doing!! (27.12.2024 Summary)

The relationship between Wall Street and crypto has always been complicated. According to CoinBureau, big banks like Goldman Sachs, JP Morgan, and HSBC have been experimenting with blockchain technology for years, but what are they really planning? Here’s what you need to know.

Banks Love the Tech, But Not Crypto Itself

Wall Street is all in on blockchain, but not the kind you see in Bitcoin or Ethereum. They’re building private, permissioned blockchains - essentially centralized databases with blockchain features like faster transactions and easier regulatory compliance. These systems are designed for efficiency, not decentralization.

Why? Banks see blockchains as a way to modernize their outdated infrastructure, which still takes days to settle trades. Private blockchains streamline these processes, but they sacrifice the trustless and transparent qualities that make public blockchains revolutionary.

Fragmentation and Siloing Are Major Issues

While banks are investing heavily in blockchain projects, many are focused on building their own siloed systems. This is causing fragmentation, as each institution creates its own proprietary blockchain, much like how Ethereum’s layer-2 solutions can fragment liquidity. Without shared infrastructure, these projects risk replicating the inefficiencies they aim to solve.

Goldman Sachs seems to recognize this. The bank plans to spin out its blockchain, GS DAP, into an independent, industry-owned platform. This could pave the way for more collaboration and interoperability in the financial sector.

Crypto’s Role in the Bigger Picture

Despite their enthusiasm for blockchain, banks remain wary of cryptocurrencies. Regulations have kept many institutions on the sidelines, limiting them to derivatives and custody services rather than direct crypto trading. However, this could change soon. With growing political support and potential regulatory reforms, banks may begin offering crypto spot trading and related services.

The Future of Asset Tokenization

Both crypto and traditional finance agree that tokenizing real-world assets (RWAs) is a huge opportunity. Public chains like Ethereum have seen success with tokenized products, as demonstrated by BlackRock’s use of Ethereum for its tokenized money market fund. Still, banks seem reluctant to rely on public chains, favoring their private networks.

Interoperability solutions, such as Chainlink and Axelar, could bridge the gap between private and public chains, potentially creating a hybrid ecosystem. Even limited collaboration between Wall Street and public blockchains could bring enormous capital inflows to the crypto space.

The Takeaway

Wall Street’s interest in blockchain signals a growing recognition of its transformative potential. While banks are still cautious about crypto, their embrace of blockchain technology could lead to significant developments in tokenization, on-chain finance, and beyond. If public and private blockchains can find ways to work together, the future could hold massive opportunities for both crypto and traditional finance.

CRYPTO MEMES