These Upcoming Crypto Milestones Could Trigger a Massive Rally for Solana, Dogecoin and Three Altcoins – Coin Bureau

0
131


Starting with Solana (SOL), the Coin Bureau host says that the sixth-largest blockchain by market cap is still “technically in beta” and the launch of a mainnet is in the pipeline. Guy tells his 1.87 million YouTube subscribers that he is unconvinced that the bull market is over and thinks there are “upcoming crypto milestones that could be a catalyst for a massive reversal.”

The Coin Bureau host also says that the second milestone Solana is set to achieve is introducing on-chain governance.

According to Guy, Solana’s mainnet could go live “around March this year”. A mainnet is a real-world ready blockchain as opposed to a testnet which is a blockchain in the testing or experimentation phase.

Next up is Litecoin (LTC). Guy says that Litecoin’s upcoming privacy-enhancing feature known as MimbleWimble will make LTC the world’s “most accessible cryptocurrency with privacy-preserving features”.

“This will likely create a lot of demand for LTC and lots of positive price action by extension.”

Next up is Dogecoin (DOGE). According to Guy, two upcoming Dogecoin milestones could generate hype that could boost the dog-themed crypto asset.

The two milestones are launching GigaWallet, a backend service aiming to facilitate the use of Dogecoin for payments by enterprises.

“Even though it’s unlikely that these upgrades will have any direct effect on the price of DOGE in the short term, the hype alone will probably be enough to make prices pump.”

Another milestone is the launch of a software developer kit that will allow developers to build new Dogecoin-related products.

Next up is the leading Ethereum (ETH) layer-2 scaling solution, Polygon (MATIC). The Coin Bureau host says that Polygon has dedicated resources to building additional scaling solutions for Ethereum and names two projects that could be bullish for MATIC once they come online.

“The two that are likely to create the most demand for the MATIC token are Polygon Miden and Polygon Zero…

Chances are that Polygon’s upcoming scaling solutions will be much more secure. And once they go live, there’s a high probability that MATIC will moon.”

Next up is the play-to-earn game Axie Infinity (AXS). Guy says that Axie Infinity’s Ethereum-linked sidechain, Ronin Network, could take its utility token RON public in early February, and this could boost related crypto assets.

“…I have a feeling that this listing will have a positive effect on all play-to-earn crypto projects and possibly NFTs too.”

I

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

Follow us on Twitter, Facebook and Telegram

News Highlights Business

  • These Upcoming Crypto Milestones Could Trigger a Massive Rally for Solana, Dogecoin and Three Altcoins – Coin Bureau
  • Check all news and articles from the Business news updates.
Disclaimer: If you need to update/edit this article then please visit our help center. For Latest Updates Follow us on Google News



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here