Investors and traders are looking for ideas as the crypto market remains in a consolidation range. Some have opted to stay on the sidelines while others perceive this as another typical phase and continued to execute their trading strategies.
Although Bitcoin has dropped from its ATH of around $64,000, there are other cryptocurrencies which have performed in negative correlation to the the BTC-led decline.
These cryptocurrencies aim to be the building blocks for the next generation of financial infrastructure. Cardano, Solana, Matic and Theta are some of the forerunners in this new set of vanguard cryptocurrencies.
Mike Novogratz said in a Bloomberg article, “Let’s not miss the big picture for the small picture. We are going through a once-in-a-generational shift in this crypto blockchain evolution, where the financial infrastructure is starting to be rebuilt. That process is picking momentum.”
Indeed, we are now at the crux of massive adoption trail blazed by visionaries who have seen what it looks like five years into the future.
