Top altcoins in the most profitable narrative in the crypto market

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Four crypto proponents Ran Neu-ner, Ellio, Alex Becker and Hustlepedia dissect the most profitable narratives and trends in the crypto world that are poised to produce many millionaires.

The evolving market dynamics are shifting into specific specific narratives. According to Ellio, blockchain is one of the most valuable networks in the world, and it’s all about narratives and the future believe in those narratives, therefore there’s no limit.

The general public has a tendency to overestimate narratives’ short-term potential while underestimating their long-term potential. ZK rollup is an intriguing story that is now being overlooked but will be huge in the future since it can be linked to any base layer blockchain, not just Ethereum, according to Ellio.

Due to the popularity of the game launch and engagements, Hustle believes Thetan Arena (THG) will eventually be a bigger game than Axie Infinity (AXS). Alex agrees, stating that the concept is good and that it is a good investment in the gaming business with a market worth of less than $1 billion.

Ran cited the sale of stocks by shareholders and firm owners, as well as CEOs retiring from significant corporations, as examples of a situation that existed prior to COVID. He went on to say that there is a lot of dry power available for non-productive goods like NFTs and possibly games.

The market appears to want to flush out speculative mania says Ellio, but money will continue to flow in even if most projects fail short term. In the long run, the chances of crypto projects failing will diminish because some of the funds will find their way to good developing teams working on legitimate projects.

Neo Tokyo, which is being built by Ellio and Alex is one of the best metaverse projects, Hustle asserted, because the project community networking is one of the most extensive in the metaverse, thanks to the participation of CEOs of gaming companies with utility and expert game creators.

Alex says the belief within the Neo Tokyo community and consensus by the VCs and developers involved with the project is that the crypto gaming industry is going to be a multi trillion dollar industry in the next 10-15 years. Most initiatives do not want to create a metaverse, thus the community had to be composed solely of proponents with a vested interest in doing so, he added.

Alex and Ellio, according to Ellio, have around the same number of NFTs as everyone else engaged, if not less. This is due to the fact that the most disruptive ideas are pure experiments that are not primarily controlled by anyone or certain entities.

Cathie Wood, an experienced investor, said the metaverse is a multi-trillion-dollar potential that will infect every industry, according to Ran. He then asked the audience for recommendations to help the general public better understand where to invest as a novice in the metaverse.

According to Hustle, there are several projects in the market that are overvalued and whose growth is nearing completion, such as Bloktopia, which has a market cap of nearly $1 billion and a diluted market cap of $22 billion. The guests agree that the skyscraper project, which allows users to generate money by owning real estate, advertising, and playing games, is based on a lot of hype and is currently overvalued.

Netvrk (NTVRK) is a project that Hustle recommends since it has a modest realized and fully diluted market cap of roughly $200 million and $600 million, respectively.

Ellio bull cycle theory is that crypto games will receive a lot of attention in the bear market since they fuel token velocity. He believes that when there is something worthwhile to invest in, such as gaming, investors will return.

Before investing in a project, Ellio recommends that people spend their time playing these games to identify where they have the most enjoyment because that is where the most money will flow. He recommends World Wide Web3, an interoperable, dystopian pixel art metaverse, giving utility to popular NFT projects, and does not have a token yet.

Alex claims that most people are interested in VR and video games when it comes to the metaverse. The global real estate market is valued at $326 trillion, and he predicts that some of that value will be transferred to virtual real estate (gaming) in the near future.

He did caution, though, that the crypto gaming business is now inflated, and that a dump should be expected before a parabolic surge, which has yet to occur. The gaming industry’s market capitalization is $50 billion, which is comparable to Bitcoin’s market capitalization in 2013 before the massive crash and exponential growth in 2017.

Gala gaming (GALA) and Vulcan Forged (PYR) are Alex’s picks, both of which have utility and are building on their success. He also recommends Good Games Guild (GGG) and Yield Guild Games (YGG) because they bring together a lot of experienced studios and developers to build games.

When the bear market hits and investors are seeking for a place to put their profits from new gaming projects, Alex predicts that they will flock to these established projects.

This episode premiered on December 4, 2021