As the new year approaches, Foresight News is presenting a must-read series of articles in the last week of 2024 to review 2024 and look ahead to 2025. Seeing the past to know the future.
Written by: Foresight News Editorial Team
2024 is about to come to an end, and this has been a year of rebirth and resurrection for the cryptocurrency industry. Bitcoin has reached a historic high of $100,000, and cryptocurrencies have demonstrated their power on the political stage. In 2024, we witnessed many moments worthy of being recorded in the blockchain history. The bull market anthem will be played in 2025, and the crypto industry may witness a big explosion this year.
This is an exciting new cycle, and the Foresight News editorial team has gathered to look back and look forward. We asked the Foresight News editors and reporters three questions: 1. What was the biggest change in the crypto world that you saw in the past year? 2. What crypto sector are you most bullish on in the coming year? 3. What do you predict the price of Bitcoin will be at the end of 2025? The edited responses from the editorial team are listed below.
In addition, Foresight News editors and reporters have also disclosed their cryptocurrency holdings (for informational purposes only, not as any investment advice), with details on their holdings, rationale, and outlook provided below.
Foresight News Editorial Team's Cryptocurrency Holdings Disclosure, only tokens with a holding value greater than $2,000 are listed
Looking Back, Looking Ahead
1. 2024 is about to end, what was the biggest change in the crypto world that you saw this year?
1912212.eth: The biggest change I saw was that Bitcoin finally took the global financial stage, and after the election of former President Trump, more and more policy tailwinds favored the crypto market. Although the crypto industry did not see the same level of DeFi innovation as the previous cycle, this did not prevent the market prices from rising.
Alex Liu: The biggest change is that fewer and fewer people hold Bitcoin, and fewer and fewer people are earning returns that outperform Bitcoin.
Joe: The explosion of AI Agents.
Karen: The entry of Bitcoin into the global capital market, as well as the explosion of Meme, AI Agents, and prediction markets.
Shaofaye123: The compliance process is constantly advancing, large-scale adoption of Web2 is gradually developing, and Web3 has become the testing ground for emerging technologies. However, the problem of real application scenarios still needs to be solved urgently.
Luffy: The most obvious change is that cryptocurrencies have begun to take the political stage, with the listing of Bitcoin and Ethereum spot ETFs in the US. It can be said that the past year was a critical year for the mainstreaming of cryptocurrencies. In the previous bull market, we said it was an institutional bull market, and this bull market should be a policy bull market.
Yobo: Higher acceptance and more diversity. It may not be a true Mass Adoption, but it is truly being affected by various factors.
Pzai: AI is pouring into this cyber world.
Anderson Sima: The change in regulatory direction, the approval of the Bitcoin spot ETF, and the election of Trump have reversed the high-pressure regulatory environment that has lasted for nearly two years. This cycle has not seen any new technical breakthroughs so far, but is essentially a change in the regulatory direction that has brought in new capital.
Chandler: This round has given me an increasingly obvious sense of "polarization". The behavior paths of large capital and retail investors are almost on two parallel lines, and even completely disconnected. On the one hand, institutions are frantically increasing their holdings of Bitcoin, treating it as the core of asset allocation, while on the other hand, the "carnival" of market hot money is concentrated in the Meme track. At the same time, the narratives of other tracks seem more like "self-entertainment", and it is difficult to form enough external capital attention or leverage a larger user scale. Institutions don't buy it, and retail investors don't take the bait either, so no matter how much the narrative, it lacks the support of market consensus.
Nicky: In 2024, I found that the biggest change was that due to the increased institutionalization of Bitcoin, the trading difficulty in the market has risen sharply, and it is still increasing, which has led to the boom in the Meme sector.
angelilu: The biggest change in 2024 was the large-scale influx of institutional capital and the change in the US government's regulation of the crypto field, which made Bitcoin more mainstream, and some friends outside the circle began to actively learn about Bitcoin. As for ordinary users, they have been squatting on Meme since the Spring Festival Gala, and unexpectedly Meme has been hot all year round, often wandering in the narratives of various Memes like looking for gossip clues.
2. In the coming year, what crypto sector are you most bullish on?
1912212.eth: In the coming year, I am still most bullish on the combination of AI and Crypto. AI is full of infinite imagination, and what kind of sparks it can ignite with Crypto must be the focus of market attention and hype.
Alex Liu: High-performance public chains + DeFi. New public chains are one of the "protagonists" in each cycle, and DeFi is the core use case of blockchain.
Joe: AI Agents.
Karen: AI Agents, Ethereum, NFTs, RWA+DeFi, real-time public chains.
Shaofaye123: AI, RWA, PayFi.
Luffy: In 2025, I am bullish on AIFI (AI + DeFi). Although AI is lively, after the hype, it must return to practical utility, otherwise it may fall into a predicament similar to the metaverse. The combination of AI and Crypto, currently, DeFi is the best testing ground.
Yobo: DeFi, chain abstraction.
Pzai: AI Agents, new public chain ecosystems.
Anderson Sima: AI+Web3. What caught my eye this year was the case of AI Agents autonomously issuing coins and the failure of AI guardian prize pools. AI large models have already become an indispensable tool in my daily life. How to combine AI and Web3, I think it has great imagination and will produce progress that humans cannot foresee, and I am very looking forward to it.
Chandler: In the coming year, I am most bullish on the Bitcoin ecosystem and the tokenization of real-world assets (RWA). The expansion of the Bitcoin ecosystem is a deepening of the value consensus, while RWA is a reconstruction of traditional finance. Innovations like Ordinals and Runes protocols have already brought new application scenarios to Bitcoin, and RWA is also gradually attracting the attention of large traditional capital. Combined with policy advantages and compliance frameworks, it has the opportunity to become a new breakthrough narrative.
Nicky: In 2025, I am most bullish on the AI Agent + Meme track. After the bottom-building of ACT on Binance, the new sector formed by the superposition of these two high-attention tracks will become the main topic of this bull market.
angelilu: AI+Web3, RWA, Meme. The development of AI is too fast, it keeps refreshing my cognition again and again. There will definitely be more and better ways of integration and landing scenarios between Web3 and AI. As for RWA, many traditional financial giants are currently cooperating with various RWA protocols, and tokenization is very attractive to traditional financial institutions, but there are still obstacles in regulation. Most Memes are easy to zero out, but for new investors or those who don't like trading, it's really easy to get addicted, because the investment is small, the cycle is short, and the result is fast. It's like a small-scale investment experiment, allowing people to test their judgment and market perception in a short period of time.
3. What do you predict the price of Bitcoin will be at the end of 2025?
1912212.eth: At the end of 2025, the crypto market may turn bearish, and the price of Bitcoin may have fallen below $90,000.
Alex Liu: If there is a major economic crisis, below $120,000, otherwise above $180,000.
Joe: $160,000.
Karen: It may reach over $160,000 in 2025, but if there is a black swan event, it may drop below $80,000.
Shaofaye123: $200,000, doubling quickly.
Luffy: $200,000, a 100% increase in one year of the bull market is not unreasonable.
Yobo: $90,000.
Pzai: $70,000.
Foresight News Anderson Sima: $200,000 is the price I sincerely hope for, but it is highly likely that the bitcoin price will be slapped in the face. Whether bitcoin will break through $200,000 by the end of 2025 depends on the following factors: 1. The pace of interest rate cuts by the Federal Reserve in 2025, which requires the US inflation level to maintain a steady downward trend. 2. The possibility of Trump's new term including bitcoin in the national strategic reserve is small. 3. Whether blockchain applications such as payments, RWA, and DeFi can enter a new stage. Chandler: The price at the end of 2025 is difficult to guess, and my expectation for this round of highs is more inclined to around $150,000, but there will certainly be ups and downs in the middle. Still, I'm bullish in the long run, but be careful about short-term volatility. Nicky: The estimated bitcoin price at the end of 2025 is $130,000. angelilu: The $100,000 prediction last year was successful, so this year I'll be more conservative, at $150,000. Holdings Disclosure 1912212.eth Holdings: SEI, WLD, EIGEN, ENA, ZK, GOAT, WIF, BONK, FLOKI I have some large positions because I didn't sell at the top, and the unrealized gains have turned into severe losses lasting for months. I have allocated a significant position in MEME tokens, as I believe the meme wave will surge again in the first half of 2025. I have also invested in some VC tokens, and I believe the capital will come back. Although in the past few months, VC tokens have been questioned and hated by the community due to high valuations and continuous declines, all the negative views and emotions will change due to the rise in returns and coin prices. Sharing a painful lesson, the ONDO I once held heavily has always had limited upside, and in November this year it lagged far behind many other tokens. The long wait became a torment, and the torment turned into wavering. I just switched to other tokens, and as a result, I missed the largest single-day gain in nearly half a year in early December, and it's hard to get back on board. My wish is for my total assets to triple or more next year. Alex Liu Holdings: BTC, ETH, SOL, SUI, APT, POL, OM, AAVE, ATOM, IMX, JLP, PENDLE, W, CRV, FXS, THL BTC: I can never have enough bitcoin, with an average cost of around $40,000. Most of the profits will be used to buy back bitcoin. I will sell a small portion when it exceeds $120,000. I'm prepared to see it go to zero. ETH: I'm optimistic about Ethereum's potential as a global settlement layer and Ether as a core DeFi asset. The average cost is just over $2,000. Ethereum has many issues, but I still think its market cap can surpass Bitcoin, which would be good for the industry. The peak this round is temporarily seen at $10,000. SOL: Playing the STEPN (move-to-earn) game on Solana was the start of my on-chain journey. The fast speed and low fees made me believe the industry can achieve "mass adoption" for the first time. After experiencing the drop from $120 to $8, the average position cost for this round is $35. A lot of SOL is stuck in the Mad Lads NFT, and I don't want to sell. The highest price is seen at $500. SUI, APT: My main views are: Why I bet on the Move public chain? Specifically, SUI has strong research and engineering capabilities, and is innovative, with the creator of the Move language on the SUI team; Aptos has strong engineering capabilities, superior overall user experience, aggressive BD and marketing, close relationships with financial institutions, and has OTC'd a lot of coins. I see SUI reaching $7 and APT reaching $66. My average cost for SUI is just over $1, and for APT is over $7. THL: On Aptos, it's equivalent to Cetus on the Sui ecosystem. Cost basis is $0.5, target is $3. POL: Betting on Ethereum's execution layer, ZK, and AggLayer. POL staking has airdrop expectations. I bought Polygon when it was 0.8 after being listed as a security by the SEC, and it dropped to 0.5. It reached a high of 1.27 without selling. After a deep retracement, I added more and am now back to breakeven. I'm optimistic about the narrative and hot spot switching back to the previous high. AAVE, CRV, FXS: See my views: To emerge from the altcoin bear market, a DeFi revival is needed. AAVE average cost is $135, target is $400. CRV average cost is $0.3, the upside potential is greater than the downside risk, target is 10x. FXS is the most losing coin among my active buys, with over 60% loss before adding more, but I'm still optimistic about it building a self-sufficient DeFi ecosystem flywheel. Pendle: See my tweet when I bought Pendle at $2. I bought in below $1, but was heavily impacted by Penpie's mPendle, losing a lot of profits. Everyone should be cautious about participating in the Magpie ecosystem (Eigenpie, etc.) projects. Pendle will break through $10. IMX: I'm optimistic about the GameFi track, the on-chain of virtual items, and Immutable's BD capabilities. I bought in at $0.5 and averaged up to around $1, believing it can reach a high of $7, so I set the first sell target at $4. It reached a high of $3.7 previously without selling, and I'm still holding as the target hasn't changed. JLP: Long-term holding can basically capture the overall market upside, significantly reducing asset drawdowns. Steady and happy. W: All are airdrop. The Mad Lads airdrop was delayed, and I received it when it had already dropped from $1.5 to $0.8, and I don't want to sell it now. It continued to drop, and I want to sell it even less. The part I cross-chained airdropped wanted to stake to get the Monad airdrop, but Monad is just starting the testnet now. I'm still bullish on the project, hoping it can return to $1. ATOM: Staking to get Cosmos ecosystem airdrops. Bought at $10, only looking at the coin price, I'm in the red, but including the DYM and OM airdrops, I'm profitable. Buying ATOM was mainly for the ecosystem airdrops, so price forecasting is meaningless. But it should be at a low now, and I'm bullish. I also hold the Bad Kids NFT in this ecosystem, which I'm also optimistic about. OM: Airdropped from staking ATOM and holding Bad Kids. An RWA Layer 1 that has been listed on Binance and has increased 200x in a year. Haven't had time to research it in depth yet. Bullish. Note: All the prices above are optimistic forecasts of the cycle peaks, and it is recommended to take profits in batches according to personal circumstances. NFA, DYOR. Joe Holdings: ETH, SOL, BTC, ENS, SUI, ENA, OP, Brett, Clanker, ANON Public chains and stablecoins are still the two most important themes in the crypto market. For public chains, I mainly hold ETH, Solana, Sui, and OP. For stablecoins, I mainly hold ENA. The reasons for holding ETH and Solana need no further explanation. I hold Sui and ENA because I believe this cycle must have a new public chain leader and a new stablecoin leader that will dominate and challenge the limits of the crypto world. Choosing these two is a belief that these two tracks are the largest in the crypto industry, will continue to innovate, and will always have new giants emerging until a monopoly position is formed. I hold OP because although it is an Ethereum L2, it does not compete with other L2s, but shines alone. At the same time, its ecosystem lineup is luxurious, with the likes of Base, ink, and Uni all choosing OP, and I believe in the vision of these heavyweight lineups. In addition, I hold Aero in the Base ecosystem, Ordi in the BTC ecosystem, and Uni in the new DeFi ecosystem. The holding logic mainly follows the three main lines of "new and old public chain leaders", "new stablecoin leader", and "new application ecosystem leader", which I believe are the three largest tracks with the highest ceiling in the crypto industry. Ultimately, they all point to the large-scale application of Crypto. Regarding memes, I created a new term called "application-type memes". In the meme track, I currently only focus on the "application-type memes" on Base, such as Degen, Clanker, and ANON, which I consider early holders of, with a cost basis of several million dollars in market cap. A trend that is becoming more apparent now is that the holdings are shifting more towards AI agent-related tokens. Karen Holdings: ETH, USDT, BANANA, EIGEN, AAVE, ENA and a bunch of ENS domains I bought ETH at a high of $3,000 to $3,300 in May, when I was optimistic about Ethereum reaching $10,000. I still hold the same optimistic view on Ethereum. I also bought some ETH when it was around $1,000, and at that time I bought some high-priced items like siri.eth, some emoji domains, and a bunch of numeric domains.Foresight News The main reason for holding USDT is that I have used part of my funds to interact with others. As for BANANA, I bought it in October, but the price has not increased much since then. There are two reasons for buying BANANA: first, I compared the market capitalization and fee ratio of some protocols and BANANA, and believed that BANANA has great potential and development space; second, BANANA is the first project launched in the Binance HODLer airdrop plan. EIGEN, AAVE, and ENA are blue-chip projects in the DeFi field, with cost prices of around $3.5, $110, and $0.4 respectively, at least holding the big bull of Ethereum. I have also participated in a lot of Memes, whether on Solana, Base, or Ethereum, whether it's cats, dogs, or AI agents, and have experienced ups and downs. But overall, Memes may not be very suitable for me, as I am easily FOMO and trade frequently. Current investment strategy is to achieve stable growth for large capital and high returns for small capital. BTC, ETH, SOL, etc. will be bought at low prices, as public chain tokens have many uses, can be used for arbitrage and staking to earn income. Gas is also needed to participate in various airdrops and primary markets on-chain. The reasons for buying BNB and BANANA are the broker logic of the bull market. In addition, as an application with real business scenarios, BANANA has always been underestimated, and holding more than 50 BANANA can also earn income. With the continuous recovery of on-chain activity, BANANA is believed to have a good performance. I regret not buying more before it was listed on Binance. RWA is a long-term optimistic narrative that will have development, ONDO was bought at the opening, but the cognition was lacking at the time and the position was small, the chips at the relative bottom will be held until the end of the bull market. IO is a token obtained by scraping airdrops, most of the positions were sold at around $5, as a project with the tags of AI, DePIN, and Binance, I kept some tokens for staking. Memecoins have extremely high investment returns as the main narrative of this round. After experiencing the painful on-chain PvP, I usually only participate in the leading targets of each Memecoin track. After a long period of washing, I observe whether the narrative is still attractive, whether the support level has fallen below, and the degree of inside information in the on-chain addresses as the bottom-fishing indicators. But MOODENG and ACT were bought after seeing the news of being listed on Binance, the main reason being that MOODENG had a large amount of buying before being listed on Binance, and ACT had a relatively low market value. Small profits and small losses, occasional big gains, and never big losses.ACT is the first token of the AI Meme section to be launched on Binance, and is expected to become one of the representative targets in this track, with an estimated valuation of over $10b.
angelilu
Holdings: USDT, BTC, ETH, SOL, SUI, Clanker, BGB
The assets that were trapped in the previous cycle are being gradually sold for USDT. As for BTC and ETH, no need to say more, just buy the dips. I bought SOL a bit late, only after the Meme hype started. I bought Clanker in the early stage, and once wanted to sell at the peak but kept failing to do so, so I just left it there, and now it has retraced a lot. BGB was bought for participating in the financial management, and has recently doubled in value based on its own strength.
Recommended reading: 2024 Foresight News Year-end Series Collection
