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What will be the new hot thing of the next bull run?

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by COINS NEWS 71 Views

What will be the new hot thing of the next bull run?

I was listening to a Bankless episode and they went over how every bull run before has had it's new craze that fueled the bull run.

2013/2014 Bull run had bitcoin forks and new coins craze, everybody wanted to make their own coin and people bought them like crazy. people who missed out the crazy bitcoins gains were able to adopted bitcoins little brother Litecoin and ride that silver all the way to a high of $40.

https://preview.redd.it/jq47vouumlfa1.png?850&format=png&auto=webp&s=aff279b1155c47850c6e384410b7bdcf44bb828d

2017 Bull run was fueled by ICO's (initial coin offerings) Ethereum started the craze and people fallowed by creating all sorts of tokens that would get bought up by desperate investors hoping to see a repeat of Ethereum. At the peak of this bull run we say Useless Ethereum token, which as the name implies is useless, the creator was honest that it had no use and he would not add any after the ICO. People still threw $675k at it and some were able to 4X their investment since it still went up 400% after the ICO.

People were told not to buy yet they invested.

https://preview.redd.it/6xfp1bgonlfa1.png?1300&format=png&auto=webp&s=77b05d68501baac9cb3e07481ed5657b325a368d

you can see the website for it here - https://uetoken.com/

2020/2021 Bull run had DeFi, CeFi and NFTs, both created insane amounts of money for people. Offering unsustainable APR CeFi ended up collapsing but not before making thousands of new millionaires and a few new billionaires. During this time anybody could launch an NFT that would make you thousands or millions for pictures, we got bored apes and probably my favorite NFT collection created by Al Ghozal from Indonesia who made over one million USD from selling selfies of himself as NFTs.

at peak they were selling for 0.3 eth (about $1,300 at the time) and currently still going for 0.02 eth

https://preview.redd.it/abnv68syolfa1.jpg?640&format=pjpg&auto=webp&s=3cbe7ffd488cf5f502dd588d9dac1329927021a4

A lot of these things seem ridiculous now and probably at the time as well but they still happened during the previous bull runs, maybe seeing this is partially why people make fun of crypto.

So we know the craziest things can happen during bull runs, What do you believe will be next crypto craze during the coming bull run (whenever it decides to show up)?

submitted by /u/Odlavso
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