Bitcoin, the largest cryptocurrency, has been at its peak for days. The number one digital asset surpassed the $70,000 threshold on the first day of the week and reached a new record level of $72,709.
On the other hand, with the Bitcoin halving just over a month away, investors are speculating whether Bitcoin will surpass the $80,000 mark before this event.
The recent rise in the value of Bitcoin, which has risen by more than 35 percent in the last few days to exceed $72,000, has been supported by the approval of cryptocurrency-related ETP applications by the UK regulator. With the increasing institutional interest in the cryptocurrency industry, the Bitcoin price has also experienced a significant increase. Many experts also predict that the value of Bitcoin will continue to increase.
Cryptocurrency experts draw parallels with Bitcoin cycles, noting that all-time highs tend to occur about a year before cycle tops.
According to analysis, Bitcoin will reportedly surpass its previous high in 2024, with $80,000 being a modest estimate. Considering historical data, it is stated that Bitcoin has the potential to reach the range of 130 thousand to 180 thousand dollars in the future.
While Bitcoin is in its heyday and everyone is waiting with bated breath for the next cryptocurrency bull cycle, two cryptocurrency projects have the potential to become the star of the altcoin bull.
Smog Token (SMOG) – The Star Coin Coming to Repeat the Success of BONK
Recently, there has been a noticeable shift in the meme coins space as the Solana network has consistently produced highly successful coins. Dog With Hat (WIF) and specifically Bonk Coin (BONK) are two cryptocurrencies that have experienced significant price increases since their initial launch. Smog Token (SMOG) also seems to have the capacity to become the largest meme coin on the network.
Smog is a token that has been around for over a month, but it still has huge growth potential. It has increased by approximately 157 percent in the last week.
The project understands that meme coin investors are particularly fond of airdrops and virality, so it includes these elements. There will be important airdrop events in the future for the project. Before that, investors have the opportunity to accumulate airdrop points by purchasing and holding Smog tokens or by completing daily tasks in Zealy. These tasks are enjoyable for investors and have been completed by millions of people before.
The more points users accumulate, the more incentives they will be entitled to receive. Since 35 percent of SMOG’s total allocation is allocated to these payouts, investors seem confident that they will get their money’s worth.
Half of SMOG’s allocation is earmarked specifically for marketing. This shows that this coin is likely to gain widespread popularity.
The project currently offers a 10 percent discount compared to the market price for those who want to purchase Smog tokens through its website. However, this offer will end soon. That’s why interested investors need to act quickly to secure the best price.
Scotty the AI (SCOTTY) – Coin Preparing for Altcoin Bull While Protecting the Cryptoverse
The second coin that has the potential to become the star of the altcoin bull is Scotty the AI (SCOTTY). Scotty the AI (SCOTTY), an artificial intelligence-focused cryptocurrency project, had an incredible fundraising week, increasing its total funds to over $7.1 million. This phenomenal increase showed the growing excitement and support of investors to purchase Scotty the AI token.
Scotty the AI (SCOTTY) is poised to deliver extraordinary benefits and investment opportunities to early adopters. The project hopes to follow in the footsteps of Dogecoin, Shiba Inu and Floki Inu, all of which are inspired by dogs.
But there are two ways Scotty tries to stand out from the crowd of dog coins on the market. First of all, this is a breed of dog. An ancient tradition of Scottish Terriers serving as guard dogs is the inspiration for the project. Secondly, it is committed to being an AI-powered guardian on-chain by constantly scanning the cryptoverse for any signs of danger or security breach.
In the competitive blockchain security and risk mitigation space, Scotty aims to be at the forefront. Surprisingly, the project’s pre-sale sold out quickly, indicating that its support is growing.
AI-driven features aimed at improving user experience and increasing crypto market success are the main appeal of Scotty the AI.
An invaluable tool for experienced crypto investors and beginners alike, AI-powered chatbot ScottyChat offers up-to-the-minute market information, analytical data and personalized recommendations. Scotty Swap, a secure decentralized exchange (DEX) powered by artificial intelligence, is also featured as part of the Scotty the AI network. The development team behind Scotty the AI is already planning for the future of the project (listing on exchanges) as the ICO progresses. Those who want to buy Scotty the AI token can currently obtain the token for $ 0.01.
Disclaimer: This is a sponsored content and press release and what is written here cryptokoin.com It does not reflect the views of the team. High risk of loss should be taken into consideration in leveraged transactions and cryptocurrency investments, and extensive research should be done before investing in any platform.
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