The Tech Quiz - Season 28

Hi everyone,
It's another day of the week and I'm delighted to participate in this contest today organized by @malikusman1 which talks about The Tech Quiz - Season 28. I will be making my entry below so read through it and drop your valuable comment as it will be appreciated.

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What is bull run?

In the crypto market there are two movement that the crypto asset makes and that is the bullish movement and the bearish movement. So crypto asset whose price is moving in an upward direction is called a bullish movement whereas a crypto asset whose price is moving downward we say the asset is bearish.

So with that explanation above we can conclude that bull run is a period in the crypto market where the price of most of the coins are moving in an upward direction.

When we see the price of majority of the assets making atleast 5x and above of their initial price we can then conclude that the market situation at that moment is bullish or we are in the bull run season.

Tell us some benefits of bull run.

Since the prices of assets usually goes up during the bull run I think one of the most benefit traders and investors enjoy is that they make more profit. Those who have bought and hold this asset will be able to sell it during the bull run.

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Also during the bull run people get to know more about cryptocurrency cotcee of the profit that others will make from the market. You know success doesn't hide so if people are making good money from the market it will show and that will make more people to become aware of cryptocurrency.

Share 3 coins that can perform well in this bull run and also tell us the reason ?

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Bitcoin: This is the first cryptocurrency in the world and people believe in it so much. Most investors put their money here because they know it is a solid project and that it can never fold.

Ethereum: The second largest cryptocurrency in market capitalisation. Recently the Ethereum ETF was also approved and that has pushed the price of the coin to almost about $4,000. This is a sign that the coins will do well in this bull run.

Solona: Solana has been very impressive the past few days and this we have seen in the price which moved from around $25 to about $150 in less than 6 months. With the multiple of projects coming up from Ethereum people are becoming more engaging with the coins and for that reason it is doing well.

I want to invite @bonaventure24, @dave-hanny, and @okere-blessing, to join the contest in this community and share their entry participation.