BCGAME - Free 5BTC Daily Bonus!Crypto messengers, a data and analytics platform that provides transparent insights into the crypto market, recently released its annual report, where it highlighted a comprehensive overview on key industry trends in 2024.
In the platform’s “Crypto Theses 2024” report, Messari analysts said that Bitcoin (BTC), Solana (SUN) and other Artificial Intelligence (AI) tokens will reach “the moon” in 2024, exploding in prices.
Messari CEO, Ryan Selkis, made a comparison with Bitcoin in which he cited the “Godzilla of finance”, highlighting the lasting leadership of the largest cryptocurrency on the market.
The company's analysts expressed their beliefs that the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) could be the start of a new era in the market for institutional adoption, pushing the token to reach new heights.
While the asset has been heavily criticized for its underperformance in 2022, Selkis defended it by stating, “Bitcoin has been criticized a lot for ‘not performing well’ during the high inflation period of 2022, but I always thought that was a silly criticism.” .
Furthermore, the CEO of Messari also highlighted the very significant performance of Bitcoin in the last bull run in which the token almost reached a price of US$70.000, re-emerging as the “fastest horse”. “It is once again the ‘fastest horse’ among global devaluation hedges as central banks begin to think about restarting QE,” he wrote.
Outlook for SOL and IA tokens
Solana delivered a surprising performance in 2023, “rising from the ashes”. In the report, market experts highlighted that they believe SOL will continue its rise in 2024.
Furthermore, according to the document, AI will help drive the sector to new heights next year. Experts highlighted that technology could make use of a currency that had enormous purchasing power in the long term, and, in this sense, crypto would fit into this possibility.
Given this scenario, the Messari platform also predicted that AI tokens, such as Render (RNDR), Autonolas (OLAS), Bittensor (TAO) and Akash Network (AKT) will be among the biggest players in 2024.
