Flow

Ronin

Avalanche

Cosmos

Celestia

<h4>The bull run is on! We had a small pullback last week, but we’re on track again. Remember, during the last bull run we saw three major pullbacks. So, they are natural.&nbsp;</h4> 
We’re still in the first phase of this bull run. Looking at past bull runs, we still have a few more months of upward trends. Now, during these bull runs, BTC profits tend to flow back to altcoins. The first coins to profit from this are usually in the top 100. So, let’s take a closer look at what my research team and I found. 
<h5>1) Celestia (TIA)</h5> 
My first pick of today’s altcoins is <a href="https://celestia.org/what-is-celestia/" target="_blank" rel="noopener">Celestia (TIA)</a>. There are loud rumors that TIA is the SOL of this bull run. To put this in perspective, SOL went from $28 in July 2021, to $259 in November 2021. For convenience’s sake, let’s call this a 10x. Currently, TIA is at $13.18. After its TGE, it sailed straight into spot #42 in the top 100 list by market cap. So, a 10x will put it at around $130-140. It wouldn’t surprise me if it did better. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 We are very excited to have <a href="https://twitter.com/CelestiaOrg?ref_src=twsrc%5Etfw">@CelestiaOrg</a> in the Arbitrum Orbit ecosystem <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fa90.png" alt="🪐" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f499.png" alt="💙" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Now, everyone can easily deploy a high-throughput Orbit chain on Arbitrum Sepolia using Celestia as modular data availability leveraging Nitro’s fraud proofs <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3ce.png" alt="🏎" class="wp-smiley" style="height: 1em; max-height: 1em;">! <a href="https://t.co/Xh6FAworzP">https://t.co/Xh6FAworzP</a> 
 — Arbitrum (<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f499.png" alt="💙" class="wp-smiley" style="height: 1em; max-height: 1em;">,<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9e1.png" alt="🧡" class="wp-smiley" style="height: 1em; max-height: 1em;">) (@arbitrum) <a href="https://twitter.com/arbitrum/status/1737157544982749543?ref_src=twsrc%5Etfw">December 19, 2023</a>
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But what is Celestia? It’s a <a href="https://celestia.org/learn/values-of-modular-blockchains/modular-blockchains-are-user-first/" target="_blank" rel="noopener">modular blockchain</a>. That means that it outsources specific tasks. For example, it can specialize in one of these: 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Execution layer.&nbsp;</li> 
 <li style="font-weight: 400;" aria-level="1">Consensus layer.</li> 
 <li style="font-weight: 400;" aria-level="1">Data availability layer.</li> 
 <li style="font-weight: 400;" aria-level="1">Settlement layer.</li> 
</ul> 
The other layers it outsources. It cuts everything up into smaller parts. It can exchange or replace these. So, in contrast to <a href="https://celestia.org/learn/basics-of-modular-blockchains/modular-and-monolithic-blockchains/" target="_blank" rel="noopener">monolithic blockchain</a>, that completes these tasks all by itself.&nbsp;As a result, a modular chain is fast and scalable. Developers can also easily customize modular chains. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Curious to learn how <a href="https://twitter.com/hashtag/Celestia?src=hash&amp;ref_src=twsrc%5Etfw">#Celestia</a> reduces gas fees by 100x? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f914.png" alt="🤔" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Hear from our co-founder, <a href="https://twitter.com/superanonymousk?ref_src=twsrc%5Etfw">@superanonymousk</a>, and <a href="https://twitter.com/musalbas?ref_src=twsrc%5Etfw">@musalbas</a>, co-founder of <a href="https://twitter.com/CelestiaOrg?ref_src=twsrc%5Etfw">@CelestiaOrg</a>. 
 The future is modular on <a href="https://twitter.com/hashtag/MantaNetwork?src=hash&amp;ref_src=twsrc%5Etfw">#MantaNetwork</a> with Celestia underneath. 
 Watch the full interview here <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/yYfl33jUwi">https://t.co/yYfl33jUwi</a> <a href="https://t.co/vQuCcW1Mk8">pic.twitter.com/vQuCcW1Mk8</a> 
 — Manta Network (<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f531.png" alt="🔱" class="wp-smiley" style="height: 1em; max-height: 1em;">,<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f531.png" alt="🔱" class="wp-smiley" style="height: 1em; max-height: 1em;">) #MantaNewParadigm (@MantaNetwork) <a href="https://twitter.com/MantaNetwork/status/1736827870683836662?ref_src=twsrc%5Etfw">December 18, 2023</a>
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The <a href="https://www.coingecko.com/en/coins/celestia" target="_blank" rel="noopener">TIA token</a> saw an airdrop only a few weeks ago, in early November. 8th. So, now it seems to only know one way, and that’s up. 
<h5>2) Avalanche (AVAX)</h5> 
<a href="https://www.avax.network/" target="_blank" rel="noopener">Avalanche</a> is one of the supposed Ethereum killers. Although I doubt that one specific chain can ‘kill’ Ethereum. However, having plenty of cheap and fast alternatives around doesn’t hurt. Avalanche is such an alternative. I prefer to use these alternative chains, like Solana and Avalanche. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 NEW POD on Avalanche <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f53a.png" alt="🔺" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 00:59 Why Avalanche exists 09:38 Creating optimized chains 16:30 Subnet economics 25:56 Endgame vision for subnets 36:40 Next gen L1s 40:20 Warp: cross subnet messages 48:02 HyperSDK 51:37 Dev adoption and dapp layer innovation 1:03:06 Future of… <a href="https://t.co/FGqsthE3ub">pic.twitter.com/FGqsthE3ub</a> 
 — Yano <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f7ea.png" alt="🟪" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@JasonYanowitz) <a href="https://twitter.com/JasonYanowitz/status/1737259865154666612?ref_src=twsrc%5Etfw">December 19, 2023</a>
</blockquote> 
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<a href="https://www.coingecko.com/en/coins/avalanche" target="_blank" rel="noopener">AVAX</a>, Avalanche’s native token, saw a recent uptrend. It went from $10 in October to a current high of $42 on 12th December. That’s an easy 4x before the bull run is even in full swing. Its ATH is at $144 from 2 years ago. So, from October, that would be a 14x. And it’s deflationary! 
But why is AVAX running rampant? There are two words for this, institutions and <a href="https://www.altcoinbuzz.io/?s=web3+gaming" target="_blank" rel="noopener">gaming</a>. Three different banks mentioned Avalanche and its Avalanche Evergreen Subnet. 
<ul> 
 <li style="font-weight: 400;" aria-level="1">J.P. Morgan.</li> 
 <li style="font-weight: 400;" aria-level="1">Citi.</li> 
 <li style="font-weight: 400;" aria-level="1">Bank of America.</li> 
</ul> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 This year was great, but <a href="https://twitter.com/GamingOnAvax?ref_src=twsrc%5Etfw">@GamingOnAvax</a> is about to level up in 2024 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fae1.png" alt="🫡" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/26I88bb0pH">pic.twitter.com/26I88bb0pH</a> 
 — Avalanche <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f53a.png" alt="🔺" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@avax) <a href="https://twitter.com/avax/status/1732076275181768771?ref_src=twsrc%5Etfw">December 5, 2023</a>
</blockquote> 
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As for gaming, Avalanche seems to have become the haven for blockchain gaming. Currently, <a href="https://chainplay.gg/chain/avalanche/" target="_blank" rel="noopener">DeFi Kingdoms</a> has the biggest market cap with $55 million. 
<h5>3) Cosmos Hub (ATOM)</h5> 
<a href="https://cosmos.network/" target="_blank" rel="noopener">Cosmos</a> is the layer zero for this ecosystem. All other layer 1 blockchains are built on Cosmos. The Cosmos Hub offers the infrastructure.&nbsp;Altogether, they form the IBC, or Internet of blockchains. The <a href="https://mapofzones.com/home?columnKey=ibcVolume&amp;period=24h" target="_blank" rel="noopener">map of zones</a> currently shows 73 zones, and more are incoming. The Cosmos ecosystem seems to be on fire currently.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 IBC 2023 Recap <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Highlights: – 107 connected chains – 124 Github contributors to main IBC repos – 1,742 PRs merged – Dozens of features, apps, tools – DevX and usability improvements – Expansion to new ecosystems 
 Thanks to the builders and community for advancing IBC. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 1/ <a href="https://t.co/CwJChNx8PF">pic.twitter.com/CwJChNx8PF</a> 
 — IBC (@IBCProtocol) <a href="https://twitter.com/IBCProtocol/status/1737408341004169475?ref_src=twsrc%5Etfw">December 20, 2023</a>
</blockquote> 
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During the last 7 days, TIA, KUJI, INJ, AKT, and OSMO, are all up to 60%. Jackal (JKL) and Stargaze (STARS) are up over 100% over the last 7 days. So, <a href="https://www.coingecko.com/en/coins/cosmos-hub" target="_blank" rel="noopener">ATOM</a> seems to be lacking a bit. It’s only up by 13% over the last 7 days. However, it made a recent move, and I won’t be too surprised if this is only the beginning.&nbsp; 
Recently, we saw governance approve <a href="https://wallet.keplr.app/chains/cosmos-hub/proposals/848" target="_blank" rel="noopener">proposal 848</a>. This cut inflation from 18% to 13%. However, that’s also when ATOM started to move. Keep your eyes out for potentially more green candles here. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 2022 → 53 IBC-enabled chains. 2023 → 107 IBC-enabled chains. 
 1 Year. 1 Mission. 102% Growth.<a href="https://twitter.com/hashtag/IBC?src=hash&amp;ref_src=twsrc%5Etfw">#IBC</a> <a href="https://t.co/zDrG7KbYpz">pic.twitter.com/zDrG7KbYpz</a> 
 — IBC (@IBCProtocol) <a href="https://twitter.com/IBCProtocol/status/1735676199530123268?ref_src=twsrc%5Etfw">December 15, 2023</a>
</blockquote> 
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<h5>4) Ordinals Coin (ORDI)</h5> 
You may have heard of the <a href="https://ordinals.com/" target="_blank" rel="noopener">Ordinals</a>. In other words, inscribed Satoshis. Indeed, the smallest BTC domination.&nbsp; 
By <a href="https://ordinals.com/inscriptions" target="_blank" rel="noopener">inscribing</a> them, they become NFTs. However, they are also a coin, and you need a specific wallet for them. One that can distinguish between an inscribed Satoshi and a ‘normal’ Satoshi. You would rather not send your valuable Satoshi accidentally to someone else. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Huge shoutout to the Ordinals core team for taking the important step of forming the Open Ordinals Institute!<a href="https://twitter.com/ordinalsorg?ref_src=twsrc%5Etfw">@ordinalsorg</a> is a 501(c)(3) non profit organization which will fund development, education, and research around the Ordinals Protocol. <a href="https://t.co/39IOgVh9EC">pic.twitter.com/39IOgVh9EC</a> 
 — Leonidas (@LeonidasNFT) <a href="https://twitter.com/LeonidasNFT/status/1686458724951408656?ref_src=twsrc%5Etfw">August 1, 2023</a>
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With the Ordinals protocol, we can inscribe 2.1 quadrillion Satoshi. So still, plenty of room to maneuver. The Ordinals and various other inscribed Satoshi are about to explode.&nbsp; Ordinals are the OG NFTs on Bitcoin. They are also the first BRC20 token that went through the $1 billion market cap barrier. <a href="https://www.coingecko.com/en/coins/ordi" target="_blank" rel="noopener">ORDI</a> did a 180% increase during the last 30 days. 
<h5>5) Ronin Network (RON)</h5> 
<a href="https://roninchain.com/" target="_blank" rel="noopener">Ronin Network</a> is a sidechain built on Ethereum. It’s a gaming chain. Sky Mavis is the company behind Ronin. They are, for example, also the <a href="https://youtu.be/bjOH1pLc210?si=XdW5ixPmgQQU_K-W&amp;t=13" target="_blank" rel="noopener">core developers</a> of Axie Infinity. That’s been by far the most successful blockchain gaming game to date.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 1/ The Ronin Effect strikes again – Apeiron is LIVE on Ronin! 
 • Download the game on the Epic Games Store • Check out four new collections on Mavis Market • Join or watch PvP Alpha Testing, mint new Apostles, and receive FREE Booty Hours 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/FD7n6Nmj8v">pic.twitter.com/FD7n6Nmj8v</a> 
 — Ronin (@Ronin_Network) <a href="https://twitter.com/Ronin_Network/status/1736691346176680148?ref_src=twsrc%5Etfw">December 18, 2023</a>
</blockquote> 
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There’s also the Ronin bridge. You may remember that from the massive hack, it endured to the tune of $650 million. However, Axie says that all victims would be imbursed. But, that’s behind us and the Ronin Network and its <a href="https://www.coingecko.com/en/coins/ronin" target="_blank" rel="noopener">RON token</a> have been taking off. Over the last 30 days, we saw a 113% price increase. However, over the last year that was 503%. Blockchain gaming is one of the many verticals during this bull run.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 The moment we have all been waiting for. 
 Today, we set in motion a series of events that will change the nature of digital collectibles… forever. 
 Part Evolution is here <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2694.png" alt="⚔" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/HTxTbVtfOl">https://t.co/HTxTbVtfOl</a> 
 — Ronin (@Ronin_Network) <a href="https://twitter.com/Ronin_Network/status/1737314467707331038?ref_src=twsrc%5Etfw">December 20, 2023</a>
</blockquote> 
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However, it’s one that’s expected to do exceptionally well. This could well be only the start of a remarkable bull run for the RON token. 
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BTC Profits Will Flow Into These 5 Altcoins

Altcoin Buzz

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