Murad Mahmudov: The Real Crypto Bull Run Hasn't Started Yet

Bittime - Murad Mahmudov, a leading crypto analyst, believes that a true bull run in the crypto market has not yet begun. In a recent interview at the Token 2049 conference in Singapore, Mahmudov expressed his views on the current state of the crypto market and its brighter future in the years to come.

According to Mahmudov, even though the price of Bitcoin and other altcoins experienced a significant decline, this is not something to worry about. “The real bull run has not yet started,” stressed Mahmudov. 

He added that short-term price movements should not be used as the main benchmark. This analyst suggests that investors and crypto observers look at the bigger picture and not get hung up on daily fluctuations that can be misleading.

Bull Run Happening in 2026?

Furthermore, Mahmudov projects that the total crypto market capitalization will reach a fantastic figure, namely $10 trillion in 2026. This is a new hope for digital asset holders who are worried about market uncertainty. 

In this way, he invites investors to focus more on long-term potential and not just focus on volatility that occurs in a short time.

In his view, crypto has not yet reached the initial phase of a true bull run cycle. Mahmudov explained that there are still many dynamics to play out before the crypto market reaches its peak. 

He even considers that currently we are only at the beginning of a long journey towards greater growth. Especially, related to technological developments and increasingly widespread adoption.

Read also: RLUSD Potentially Integrated on Cardano Network, ADA Coin Boss Says This!

Memecoins Increasingly Dominate the Market

Apart from that, Mahmudov also gave special attention to the meme coin phenomenon which is increasingly dominating the market. According to him, meme coins such as Dogecoin and Shiba Inu have great potential to enter the "supercycle" which will explode in 2025. 

Although many view meme coins as speculative and unserious assets, Mahmudov actually sees them as an important part of the future of crypto. 

He even mentioned that almost 43 crypto coins among the top 300 have shown better performance than Bitcoin, and most of them are meme coins.

In Mahmudov's view, the price of meme coins tends to be more organic and driven by social and cultural factors. This opens up huge opportunities for the development of the crypto market as a whole. 

He reminded that it is not only investors who are interested in meme coins, but also those who want to find fun and entertainment in the digital world.

Read also: Ripple vs SEC Victory Could Push XRP Price to $4

Positive Signals in the Crypto Market

With his optimistic projections and long-term outlook, Mahmudov provides a positive signal for market players who may be doubting the future of crypto. 

Although current market conditions may be unfavorable, he is confident that the crypto market will continue to grow and present great opportunities for investors who are ready to wait until a true bull run begins.

FAQ 

1. What is a bull run in the crypto world?

A bull run is a period when the price of a crypto asset (such as Bitcoin or Ethereum) experiences a significant increase in a relatively short time. 

2. What is meant by supercycle in meme coins?

A supercycle is a market phase in which the price of an asset or asset category, such as meme coins, experiences a large spike in a relatively short period of time. 

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Reference 

Binance Square, Striking breakout regarding Bitcoin and Altcoins: The real bull run hasn't started yet, accessed January 14, 2025.

X, X account @MustStopMurad, accessed January 14, 2025.

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