‘Altcoin Psycho’ Predicts Projects on Cosmos Network as the Next Big Thing
According to a popular crypto analyst and trader known as Altcoin Psycho, a specific set of altcoins could take over the spotlight in a renewed crypto bull run.
The analyst tweets his 278K followers on Twitter that crypto projects connected to the interoperable blockchain network Cosmos (ATOM) are likely to outperform the market.
“Prediction: Cosmos ecosystem will massively thrive in the next alt run. Tendermint making aggressive moves in this shit market is big.
In my opinion, most alts go lower first, but I think an eventual THORChain (RUNE) run will violently drag up Cosmos projects like Persistence (XPRT), Akash (AKT) and DVPN (Sentinel).”
There are also other projects in the Cosmos network, such as the decentralized derivatives platform Injective Protocol (INJ), decentralized finance (DeFi) liquidity project Kira Network (KIRA) and omni-chain decentralized exchange (DEX) Sifchain (EROWAN).
Looking at the bigger picture, the Altcoin Psycho make a bold prediction, calling many asset class bubbles to burst by next year.
“In my opinion, in the next 6-12 months, we’ll see people who claim fiat is worthless get burned hard.
Every sub-asset class is in a mini bubble. Look at lumber, real estate, used cars, startup valuations… all bubbles. Having sidelined cash may give a generational opportunity soon.”
