Crypto has a way of constantly fluctuating between two distinct modes. The first is when it becomes the center of every conversation with your friends, and the second is when they plead with you to stop discussing it.
Having observed the ebb and flow of the web3 world since 2013, I have learned to never underestimate the potential of cryptocurrency, while also not expecting the most bullish predictions to come to fruition immediately.
The Exchange delves into the world of startups, markets, and money.
Read The Exchange every morning on TechCrunch+ or subscribe to The Exchange newsletter every Saturday.
But despite fluctuating sentiment and speculation from the general public and investors, the blockchain-based technology has managed to stand strong and continue its growth. Its community of believers and developers remain resilient through any downturn.
With this in mind, I believe that 2024 has the potential to be a great year for blockchain-based products and services. Not because I expect a resurgence of venture enthusiasm from 2021, but rather due to several market forces that are currently working in crypto’s favor. Let’s take a closer look and see if we can uncover some positive developments!
Bullish 2024 signals for crypto
Fully expecting messages from friends who hold negative views on crypto in response to this article, I want to make a disclaimer that I do not hold any significant cryptocurrency assets. I only have a small amount of crypto in a Coinbase account for testing purposes, and I may also have some zero-value NFTs stored in a MetaMask wallet that I set up for experimentation and learning. So, I am not writing this with any personal financial interest in mind. And for my friends who view any positive coverage of crypto from TechCrunch+ as a flaw on my part, please take a deep breath and relax.
