Economist Alex Krüger is optimistic about an under-the-radar layer-one altcoin, as he believes the crypto market has entered the early stages of a bull run. Krüger predicts that more people will soon become aware of Core (CORE), a blockchain project that combines the benefits of Bitcoin’s proof-of-work system with proof-of-stake attributes. At present, CORE is trading at $0.73, showing a 13% increase in the last 24 hours.
Krüger, who has a significant following on social media platforms, suggests that the ongoing crypto rally is driven by flows into spot Bitcoin exchange-traded funds (ETFs), which he believes are only beginning to gain momentum. Despite recent price corrections in Bitcoin and altcoins, Krüger advises staying invested in the market until the BTC halving occurs, when miner rewards are halved. He points out that the influx of ETF flows is so substantial that it enables the current level of extreme market speculation. Although some may consider hedging their positions, Krüger asserts that it is more profitable to continue riding the wave of market frenzy until it reaches its peak.