Market Talks host HorusHughes met up with Polkadot ambassador and content creator KryptosChain in Copenhagen to exchange views on the crypto market and some serious changes in the Polkadot ecosystem.
, show host and Cointelegraph head of markets Ray Salmond sat down with Polkadot ambassador and content creator KryptosChain to discuss the current state of the crypto market and drasticAccording to KryptosChain, the crypto market is possibly rounding the last corner of the bear market, and across the space, sentiment and money flow are steadily beginning to improve.
“Overall, I do think the market sentiment right now is hype-driven, but hopefully, we can change that with enterprise adoption and through the eventual approval of a spot Bitcoin ETF” He added that, “In my opinion, I think the Bitcoin halving next year will be the main driver for the start of a new bull market, because of its history, and people base the markets’ performance on the history and psychology around it. I think 2024, toward the end — maybe summer or maybe autumn — is when we’re going to see some big activity.”
When asked whether investors should believe in projects based on the team’s goals and aspirations, or simply the price of the token, KryptosChain suggested that: “It’s a mix from my point of view, and from what I’m seeing in the crypto community, a majority of people are in it only for the money, and then there are some people that are in it for the tech and the money, and there are very few, which are mostly the developers, who are only in it for the tech because they believe it can change the world and that Web3 is here to stay. From my point of view, as a content creator, both are important.
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