Ansem crypto cycle prediction
The argument that this crypto cycle will outperform previous ones rests entirely on the muted performance of major altcoins in 2023 and 2024 compared to Bitcoin. While Bitcoin doubled its prior all-time highs set in 2021, Ethereum and Solana rose only one to five percent higher than their peaks during those same years. Significant returns were concentrated in meme coins like Pepe and Whiff rather than established altcoins that didn't really do well. If you accept the premise that the last cycle was less aggressive, that this cycle bottomed earlier, and that more capital is coming into crypto, then a thesis forms for why things should be different. That specific setup leads directly to Ansem's price targets: Zcash could reach $10,000, HYPE could hit $1,000, and PUMP could reach a $20 billion market cap. When Rasmr confirms if that is what is being said, Ansem agrees it is exactly what he is saying about the potential upside. #RASMR #Ethereum
Transcript (en)
I think this cycle actually is going to be more bullish than previous cycles in crypto, especially because 2023 and 2024 were so muted. Like in 2023 and 2024, the only coin that or major that really clearly broke all time highs was Bitcoin. Bitcoin like doubled its prior all time highs in 2021. But ETH was like, what, one to five percent higher. Solana was like one to five percent higher. a lot of the returns were on meme coins like Pepe, like Whiff, like a lot of Solana on-chain stuff. But there wasn't like alts that did really well. And even the majors, they didn't really do all that well. And so I think if you're thinking that that cycle is kind of like less aggressive, and this cycle we bottomed earlier, and we're going to have more capital coming into crypto, then there's definitely a thesis for why this cycle should be more bullish than the other cycles. So that's kind of where I'm at with like, if that happens, then isn't it like Zeke to 10,000 hype to a thousand pump to 20 billion? Like, isn't that, isn't that what you're saying? Yeah, that is what I'm saying. That's exactly what I'm saying.
