Economist Alex Krüger is excited about a lesser-known crypto project called Core (CORE). He believes it combines the best of Bitcoin’s proof-of-work system with the benefits of proof-of-stake.
Krüger’s Bullish Outlook
Krüger told his followers on social media that CORE is poised to gain popularity, saying, “There are two kinds of people in crypto. Those who have heard about CORE. And those who will.”
At the time of writing, CORE was trading at $0.73, up 13% in the past 24 hours.
Bitcoin’s Bull Run
Krüger believes the current bull run in Bitcoin and other cryptocurrencies is being driven by investments in Bitcoin exchange-traded funds (ETFs). He predicts that this trend is just getting started.
Despite recent price dips, Krüger advises investors to stay invested, especially until the next Bitcoin halving, when miners’ rewards will be reduced.
‘Things Can Get Crazier’
Krüger warns that the crypto market is currently in a “level of absolute insane degeneracy,” but he believes it can get even wilder.
He encourages investors to ride the wave and take profits, but cautions against being too cautious and missing out on potential gains.
