

$100k Bitcoin, Hyperliquid’s Airdrop, and Altcoin Cycles | Roundup
18 snips Dec 6, 2024
The podcast dives into the resurgence of Dinocoins and the intriguing patterns of altcoin cycles. Exciting predictions for Bitcoin's potential climb to $100k are discussed, alongside a thorough evaluation of Ethereum's future. The impact of regulatory changes, particularly with Trump's SEC pick, is explored, raising questions about the crypto landscape. They highlight Hyperliquid's innovative features and successful airdrop, while also addressing the importance of community in navigating the ever-evolving crypto market.
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Early Stages of Crypto Market
- The crypto market is in its early stages, with no significantly differentiated projects at scale yet.
- True innovation is needed beyond meme coins, DeFi, and L1s to mark significant market progress.
TikTok Crypto Trends
- Despite Bitcoin's price rebound, many people are unaware, while TikTok users actively discuss it and altcoins.
- One TikTok user even considered mortgaging their house to buy XRP.
Fake Business vs. Real Business in Crypto
- Ripple exemplifies a 'fake business' coin, maintaining the facade of institutional partnerships despite limited real-world application.
- However, 'fake businesses' can transition into real ones, as seen with many startups, so there's hope for some.