After 2022, which was a difficult and abundant bankruptcies, Bitcoin and altcoins experienced good rises in 2023.
While some altcoins are being reborn, investors are looking forward to the bull rally and are focused on 2024.
At this point, a report for 2024 was written by Messari founder and CEO Ryan Selkis. Messari CEO stated that after a year full of shakeups and uncertainty in the industry, he predicts that crypto will become clearer in 2024.
Selkis also explained which altcoins Messari analysts are bullish on in their 2024 trend report.
Accordingly, analysts are generally bullish on Bitcoin (BTC), Solana (SOL) and AI tokens.
Stating that BTC and SOL are followed by Al tokens, Selkis said that there are altcoins such as OLAS, AKT, TAO and RNDR among the Al tokens.
Apart from these, some analysts stated that they also expect an increase in altcoins named TIA, PEPE, MKR and RUNE.
Messari CEO also said the following about his expectations for 2024:
“The carnage in crypto in recent years has been very brutal for all of us. We have struggled with bankruptcies, lawsuits, layoffs and layoffs.
But we have never been as advanced in technology as we are today. If last year's report was “It's Over Now”, this year's report will be “We're So Far Back”.
Bitcoin has become the Godzilla of finance and will remain so in 2024.
Stablecoins may be out of favor now, but there's still reason to be excited about their potential in the coming year. “At the same time, we can expect retail-focused CBDCs to have the same impact as meme coins in the short term.”
Messari CEO recently stated that analysts are generally bearish for Ethereum.
*This is not investment advice.