Popular cryptocurrency analyst nicknamed Pentoshi believes that blockchain games will be the fastest growing industry during the next growth cycle of the cryptocurrency market.
Pentoshi bases his opinion on the fact that it is easier for cryptocurrency games to be the drivers of digital asset adoption around the world.
“I truly believe that it is the blockchain gaming industry that has the most growth potential in the next bull cycle.
These projects can be used by anyone, from any culture. Games are easy to understand and learn while having fun.
The problems that serious cryptocurrency projects are trying to solve, most people don’t care about,” the analyst said.
Pentoshi said he is closely monitoring the altcoin market – despite a long period of decline in the crypto market, many of the alternative cryptocurrencies and tokens have not fallen too much in price.
The analyst believes that in 2023 we should not expect a massive growth of the cryptocurrency market. In his opinion, this year will be the year of bitcoin accumulation and consolidation.
At the end of last week, traders sold off bitcoins en masse, causing the first cryptocurrency to plummet.