- An analyst identified narratives and trends that could fuel price growth in 2024.
- They suggested that the trend around AI crypto projects is worth monitoring.
- The analyst predicts a renewed frenzy toward memes like PEPE and BONK.
Recently, a crypto researcher with the X username ‘Layergg’ outlined “narratives” to follow for the unfolding crypto bull run of 2024. Layergg pointed to specific trends and catalysts that could fuel price increases for certain tokens. Leading the pack were Layer-2 scaling solutions such as Optimism (OP), Arbitrum (ARB), Polygon (MATIC), Manta Network (MANTA), and Blur (BLUR).
Narratives of the Bull run:– Straknet & Blast coming : $OP $ARB $MATIC $MANTA $BLUR
– $BTC 52K ➜ BTC-Beta (L2 & DeFi) : $STX $RIF #AUCTION $ALEX $BADGER
– Chinese New year (~Feb 17) : $CKB $VET $VTHO $LEVER $QTUM $PHB
– Crypto AI (OpenAI + VanEck + $NVDA) : $TAO $WLD $AKT… pic.twitter.com/717043BWV2
— Layergg (@layerggofficial) February 15, 2024
Furthermore, Layergg noted that Bitcoin (BTC) reaching the $52k price point could give rise to investors shifting focus to “BTC-Beta” tokens or projects related to L2s and DeFi. Layergg cited Stacks (S…
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