Crypto Analyzer

Alex Krüger Bullish on Core (CORE) Cryptocurrency Amidst Bull Run

Renowned economist Alex Krüger has expressed his bullish stance on an under-the-radar layer-one cryptocurrency project called Core (CORE) amidst what he believes is the early stages of a digital assets bull run.

Core is a blockchain platform that combines the attributes of Bitcoin’s proof-of-work system with elements of proof-of-stake. Krüger, who has a significant following on social media, anticipates that more individuals will become aware of Core in the near future.

In a recent tweet, Krüger remarked, “There are two kinds of people in crypto. Those who have heard about CORE. And those who will.”

As per the latest data, CORE is currently trading at $0.73, showing a 13% increase in value over the past 24 hours. Krüger’s confidence in Core is underpinned by its unique positioning within the crypto landscape.

During an interview on the 1000x podcast, Krüger shared insights on the current bull run in the crypto market, attributing much of the momentum to flows into spot Bitcoin exchange-traded funds (ETFs). He believes that these flows are only in their initial phases and foresees further market growth.

Despite recent price corrections in Bitcoin and other altcoins, Krüger recommends maintaining a long position at least until the Bitcoin halving event, which reduces miners’ rewards by half. He emphasizes the potential for further market volatility, encouraging investors to capitalize on such opportunities.

As Krüger aptly states, “Things are crazy, but things can get crazier, and we make the most money in the part where it gets really, really f*cking crazy.” His outlook underscores the dynamic nature of the crypto market and the potential for significant gains during periods of heightened volatility.

Interested individuals can follow Krüger’s insights on social media platforms like X and Twitter to stay updated on his perspectives on the crypto market and emerging trends. The endorsement of Core by a prominent economist like Krüger could propel the project into the spotlight, garnering increased attention from investors and enthusiasts alike.

For those looking to explore investment opportunities in the crypto space, keeping abreast of market developments and expert opinions, such as those shared by Alex Krüger, can be valuable in making informed decisions within this rapidly evolving industry.

It is essential to conduct thorough research and due diligence before engaging in high-risk investments in cryptocurrencies or digital assets, as market conditions can be volatile and subject to rapid changes.

For more cryptocurrency news and updates, you can subscribe to outlets like The Daily Hodl and follow them on social media platforms to stay informed about the latest market trends and developments in the digital asset space.