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A popular crypto analyst is considering one decentralized finance (DeFi) altcoin project as the bear market continues.<\/p>\n
In a new update, pseudonymous Coin Bureau host Guy\u00a0tells<\/a>\u00a0his 70,700 YouTube subscribers that he\u2019s interested in\u00a0Aave<\/a>, partially because of its upcoming<\/a>\u00a0decentralized stablecoin project.<\/p>\n \u201cSomething that I have been looking into recently, and I think is an amazing project, is Aave. We just had the news that it\u2019s planning to issue its own decentralized stablecoin. Now, I personally think that is really, really exciting news\u2026<\/em><\/p>\n I know some of you will be rolling your eyes at the thought of another decentralized stablecoin after what happened with the last one. But I think Aave is a really, really interesting project at the moment.\u00a0<\/em><\/p>\n So that, for instance, is [why] I\u2019m looking at. I haven\u2019t bought any Aave tokens yet. I might not, but I certainly am considering it.\u201d<\/em><\/p>\n While hunting for potential top gainers next bull market, Guy thinks the bear market could continue to consolidate well into 2023 and possibly even into 2024.<\/p>\n \u201cHow long is the bear market going to last? When is all this over?<\/em><\/p>\n Well, I\u2019ve said this a few times before, I think we have at least until the end of 2022 and I think the bear market can easily last well into 2023 and possibly even 2024. So, I guess, what that answer means is \u2014 I don\u2019t really know. <\/em><\/p>\n I don\u2019t know how long this bear market\u2019s going to last. I personally believe it\u2019s going to last for quite a while yet. As I say, I think it could be maybe even 2024, which is when the next Bitcoin halving is going to be, so that is something factor into your decision making.\u201d<\/em><\/p>\n