There are several trends in the cryptocurrency market that crypto investors have to hop on to make big gains. It is very good, and one is at a higher advantage if they can get in early on the next big trend before it takes off. It is also good to join when there are still good opportunities.
One of these crypto trends is the Elrond Season; Elrond is somehow like the current Ethereum 2.0. Elrond is a sharded blockchain with massive scalability; it has Bitcoin-like scarcity with only a maximum of 20 million coins in supply. Elrond already has an incredible amount of integrations, partnerships, existing DeFi platforms, and most importantly, the MAJAR exchange. T
his is airdropping a hundred percent of the tokens to Elrond token holders. It will be the Uniswap of the Elrond network, and it will kickstart a new wave of decentralized finance happening on the Elrond network. Another important thing is the upcoming Elrond Launchpad, which brings a whole new wave of tokens into the Elrond network. This will be very big because it looks like what happened to Polkadot is likely to happen on Elrond.
Another trend is the Cardano Season. The smart contracts are coming to the main net for Cardano sometime in August if there are no relays. We are getting ready to see an explosion of new projects coming to Cardano; we will have stable coins, decentralized exchanges, NFT marketplace, and derivatives platforms.
Most people are looking forward to the launchpads, and the most promising at the moment is OccamFi. OccamFi is one of the new launchpads for the Cardano network; it is similar to what we saw on Polkadot, where we had a hype build-up. We are only a few months away from the smart contracts launching, and now we are seeing the launchpads coming in and getting the ecosystem ready.
To be able to get into the sale on OccamFi, you need to have their tokens. Just buying and holding their tokens will get you into the different token sales that will be happening on Cardano.
Lastly, another trend that will make big returns for investors is the NFT trend. NFTs have not even started yet; we only see the tip of what is possible for this technology. Digital art may not be the main thing for most people, but it is a big deal for people in a particular niche, the collectors who pay incredible prices for these pieces. The popularity of NFT platforms is very evident.
The NFT hype has gone through a big cycle in massive evaluations; NFTs have not even taken off yet. We are only looking at NFTs in terms of use cases; what about when you have to look at it in terms of invoices, patents, or any other kind of different enterprise use cases. A lot of things are possible with NFT technology; it is just digital, verifiable ownership. What is going on in the NFT is more exciting and in-depth than art use cases.
