Despite Market Showing Red on 30-Day Charts, Crypto Banter Says Bull Market Is Just Beginning

The analyst referenced a tweet thread, pointing out that altcoin runs typically peak about 500 days after a halving, which would place the peak around mid-next year.

A market overview, highlighting opportunities in niches beyond meme coins and upcoming games.

Key Takeaways:

- Despite the overall market showing red on 30-day charts, one analyst has seen this as an opportunity to focus on niches beyond the current trend of accumulating meme coins.

- According to Crypto Banter, the bull market is just beginning. The analyst referenced a tweet thread, pointing out that altcoin runs typically peak about 500 days after a halving, which would place the peak around mid-next year.

- The analyst noted that across the market, Blendr has shown some recovery after significant FUD, gaining 12% despite being down 500% for the week. He believes the FUD was largely unwarranted and expects Blendr to bounce back.

- Explaining his top RWA play, he mentioned Mantra, which has seen a 20% gain this week and a 48% gain over the month. Mantra is the only RWA coin in his portfolio, and he sees upside potential when comparing its market cap to something like Ando. He advised not to obsess over short-term price action but to focus on the top of the cycle. If Bitcoin reaches anywhere from $100K to $150K this cycle, altcoins are expected to see major runs.

- Upcoming Games: He discussed the upcoming alpha test for CUS and praised Xena as one of the few mobile crypto games worth keeping. He also listed several other promising games: Maavia, Honeyland, King of Destiny from InfiniGods, NFL Rivals from Mythical Games, and Pudgy Penguins, which is set to collaborate with Mythical Games. He encouraged trying out Xena, available on the App Store. He also said that Arbitrum recently approved a $215 million gaming fund to expand the adoption of Arbitrum Orbit and Stylus among builders and players.

- Solana Games: The analyst observed that Solana games like Honeyland and Crown have been undervalued despite their strong user bases and major updates.

- AI and Gaming Coins: The analyst identified a prime buying opportunity in AI coins, noting their current low prices. He listed Render, Tau, Prime, Blendr, and Desync as undervalued and worth accumulating.