Wondering what the next big thing in the crypto space will be is one question that ponders on the mind of crypto holders and traders. Everybody likes to speculate about things because everybody wants to join the trend early. They want to join when there are very good opportunities. They want to get in early on the next big trend before they take off in a very serious way. Several big trends will be coming up from the crypto market very soon; crypto investors will make massive gains from these trends.
The Pump Season is the first trend; everybody wants to be a part of the next Dogecoin-like pump; Dogecoin even leads an entire category of meme coins. Elon Musk-inspired coins ended up from nothing to be worth millions of dollars; there were about 20 to 30 Dogecoin knock-offs. It was a short-lived meme coins season, and we also saw a few Ponzi schemes pop up during that period.
For Polkadot, we are still seeing Polkadot-related coins making big raises, but the pressure is currently on Polkadot for them to deliver the Parachains. The Polkadot hype chain was a very big factor in the market in the fourth quarter of 2020 and the first quarter of 2021; people should not ignore it because several people get excited about ecosystems that are developing, so, the same way they got excited about Polkadot, they will get excited about other ecosystems. They will get excited for the new coins launched on these platforms, especially big, high hype chains.
In the pump season, it also seems like there is a Polygon season with many integrations from many traditional DeFi players on Ethereum coming into Polygon and a lot of launches on Polygon. We are starting a whole new cycle of coins launching on Polygon, Polygon going up in price, and QuickSwap, the big decentralized exchange on Polygon, also going up.
Another season is Solana season; Solana has been making waves as it is now the 15th biggest cryptocurrency asset. Solana is backed by a lot of big money players like Sam Bankman-Freed. The Solana blockchain does like fifty thousand transactions per second; it has cheap fees and a wonderful user experience. It is not a surprise that we are seeing so many people piling into the Solana blockchain.
But while the Solana asset has been very bullish lately, it will not give you the biggest gains. It can only go so much higher at a 12 billion dollar market capital, and it will move slower at this point. Smart investors are already starting to look beyond the Solana asset and into the Solana ecosystem itself. Solana has many integrations with some of the biggest decentralized finance platforms that already exist in the market.
The Solana hype is starting to build, and it is being built around these new launches. To make big gains from Solana, you should not look at what it is now but what comes next for the coin.