With the bitcoin halving coming up in a couple of weeks and the bull run about to kick in, I think PIKA is going to be the standout performer in my portfolio.
Just for some context, I did well in 2021 by investing in projects like AXS and SAND, and now it feels like it’s PIKA’s time to shine in 2024. I know many others probably share similar thoughts, but I felt it was important to share my perspective on what to expect for altcoins in 2024.
Here are my top 3 picks for the upcoming crypto bull run (and why):
No.1 is PIKA.
PIKA seems to be nailing everything I look for in a GameFi token. It has a fully functioning Beta that you can download (having a usable product makes a huge difference!). The marketing around this project is unlike anything I’ve seen before.
There are hundreds of influencers discussing this project, even though the token just went live a few weeks ago. This attention translated into significant numbers, with the token pumping 300x from launch. Plus, the consistent trading volume and increase in token holders are clear bullish indicators that many overlook!
In brief, I bought the token during its presale, and I’m holding onto my PIKA tokens at least until after the halving event.
My plan is to use PIKA just like I did with AXS or SAND back in 2021… that means I’m looking to hold and sell for maximum profits 10 to 12 months down the line.
- Ethereum comes in second, and for good reason.
ETH is the leader in DeFi. So when DeFi gets another boost in 2024, ETH will be at the forefront. While it might not bring me returns like PIKA, skipping out on ETH this bull cycle would feel wrong. Since 2021, no other network has managed to outshine it in the altcoin space, so I see no reason to lose faith in it. I genuinely believe ETH is one of the best picks for the coming bull run.
- My third pick is DOGE, which I consider the safest meme coin.
I missed out on the DOGE hype in 2021, so I feel a bit bitter about that. I doubt it will yield returns as high as PIKA, but I still see it as one of the more reliable meme coins to rise this cycle.
So, that’s my take on the next crypto bull run. I’ve set target prices of around $0.50 for DOGE, $7K for ETH, and something near $0.01 for PIKA for the short term. I believe these three represent the best altcoins for the upcoming bull market.
Regarding timing, I’m following the belief that Bitcoin’s halving on April 19 will act as the trigger for this movement.
All things considered, my success with AXS and SAND in 2021 makes me feel that PIKA is a great long-term project. I’m collecting my tokens as it continues to launch on more exchanges, and I can’t wait to see even more people join us once the full Pikamoon game is released.
While I’ve set my short-term exit at $0.01, I’m really curious to see where PIKA lands about a year into the next bull run.
For now, I’m just waiting to stake my PIKA and hold on tight.