Over the past year meme coins like Shiba Inu (SHIB), Dogecoin (DOGE) and play-to-earn altcoins like Axie Infinity (AXS); They made their investors rich by making astronomical profits. Seeing that some of them became millionaires by investing in these coins, people started searching for the next “fastest horse”. Experts say it’s impossible to know which coins will explode, as it’s mostly a matter of creating “excitement”. However, there are various items that can give a cryptocurrency the “it” factor. In this article, we will talk about the next altcoin that can gain momentum with its huge developments and partnerships in its network: Bitcoin (BITCI).
The next altcoin to explode like SHIB in the cryptocurrency space: BITCI!
It’s hard to fully grasp what a 150,000 percent gain looks like, but yes, the Dogecoin (DOGE) inspired Shiba Inu (SHIB) has shown that kind of rise in one year, making its investors millionaires in one year. Of course, Dogecoin, the ancestor of meme coins that received support from many celebrities, did not sit idle, and when it reached an all-time high in 2021, it provided its investor with a return of over 10,000 percent. Axie Infinity (AXS), another altcoin that came to the fore with the great interest of innovative areas such as Play-to-Earn and Metaverse, increased by over 4,000 percent.
So, which crypto will skyrocket next? Nobody knows exactly. However, there is no doubt that cryptocurrencies such as Dogecoin and Shiba Inu that can capture the pulse of the public and that offer technological innovation and progress such as Axie Infinity will take the lead in the race for adoption and price increase. One of them is Turkey’s first and only cryptocurrency with its own Blockchain, Bitcicoin (BITCI).
Bitcoin stands out with its wide ecosystem and forward plans
The Bitci ecosystem, which includes Bitcicoin, is very wide and designed in a way that people from all walks of life can benefit from. From NFT marketplace to staking, from Bitcichain with fan tokens created in partnership with dozens of sports clubs to decentralized applications (dApps); It is located in the ecosystem where BITCI is at the center. With the increase in the use case of this huge ecosystem, the adoption and rise of BITCI seems unstoppable.
Moreover, Bitci announced a very important plan. According to this plan, which has a great impact in the global press, the company will open crypto money platforms in Brazil and Spain. Besides that, the BITCI cryptocurrency has been listed on major cryptocurrency exchanges LBank, XT.com and Bittrex in the past months. It is known by many that the company has sponsorship agreements with many sports clubs based abroad and that it enables fans to support their team with fan tokens. All of these will make BITCI recognized globally and will reflect positively on the price.
Coin burning multiplies the momentum of crypto money
Another factor that will make Bitcoin the next explosive coin is the coin burns that are carried out at regular intervals. Burn means the permanent removal of some token from circulation. The transaction is usually done by sending said tokens to a burning address, a wallet from which the coins can never be transferred back. Projects burn tokens to reduce the overall supply. This creates a “deflationary” event in the token economy.
It is known that the motivation behind the burn is usually to increase the value of the remaining tokens. Because the decrease in the circulating supply of assets and becoming more scarce is one of the biggest catalysts that increase the price. Bitcoin was initially launched with a total supply of 100 billion. Bitci, which burned 5 billion in September 2021 and 45 billion until 31 December 2021; will continue to reduce supply over the next two years. According to the plan of the project, 20 billion BITCI will be burned until December 2022, and 9 billion BITCI until the end of 2023. All these are developments that will bring the price to the moon.
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