As Bitcoin hits a new all-time high of $92,000, we look at expert predictions and ask, can BTC get to $100,000 by the year’s end? Tron, initially launched by an ICO, reaches $0.16, with speculators wondering how high the coin can go. Cutoshi, a memeFi project in presale, is up by 88% as it reaches a new all-time high of $0.0259.
Can Bitcoin Reach 100K By Year End? Experts Weigh In
The recent election outcome is sending Bitcoin to new highs, with President-elect Trump already showing his crypto-friendly stance. His campaign promises include removing SEC Chair Gary Gensler, whose firm anti-crypto stance has been met with widespread criticism in the industry.
Trump’s vision goes even further, proposing a National Bitcoin Reserve, hinting that BTC could play an important role in reducing the national debt.
Trump’s plans don’t stop there. He’s positioning the U.S. as a hub for digital assets, calling for policies that encourage crypto business, and setting the stage for Bitcoin mining to become a domestic priority. Another key point in his agenda is safeguarding the right to self-custody, a nod to the decentralized ethos of Bitcoin and Web3.
Additionally, and to the relief of many, Trump stands firmly against Central Bank Digital Currencies (CBDCs), citing privacy concerns as the primary reason for blocking their development. This shift in policy could mark a pivotal moment for crypto as Trump takes office in January 2025.
All this bullish news and more could be enough to push BTC to $100k in the near future, according to experts from Forbes and CNBC.
Tron Price Lags Behind Election Rally, Undervalued Or Overhyped?
Unlike the majority of cryptos, Tron has barely profited from the recent elections, at least not yet. However, as Tron is very frequently used by crypto users needing fast and very low-fee transactions, this could mean that TRX is currently undervalued.
According to Youtube pundit Crypto With James, Tron could easily hit $0.50 and beyond, given its utility and speed. However, he mentions that Tron previously had an all-time high of $1.20, but the charts show that Tron has never exceeded $0.23.
Tron hit its highest-ever TVL earlier this year and has a very high level of network activity. CCN predicts that by 2030, Tron is likely to hit an average price of $0.54.
Still, much of what Tron does seems to be copies of other things, and meme coins are from the Solana-based memecoin deployer Pump.Fun is indeed pumping with gains of 2,186% for ACT over the last 24 hours; Tron’s copycat memecoin deployer Sun.pump is lagging behind, with the biggest 24 hour gains for a Tron-based meme coin being 150%.
Cutoshi Emerges As AMemeFi Leader After A Jump To New ATH
Cutoshi has taken center stage among memeFi projects, rapidly climbing to a fresh all-time high of $0.0259, marking an 88% surge in the last few days. This upward momentum is a testament to Cutoshi’s draw on the presale market and the importance of memeFi, at a time when crypto is on the verge of becoming mainstream.
As a project born from the world of memes, yet aiming to combine it with utility, Cutoshi is using this mix to enable greater participation in DeFi and spread the principles of Bitcoin’s creator, Satoshi Nakamoto – decentralization, privacy, and monetary freedom.
Cutoshi’s ecosystem includes a cross-chain DEX and P2P trading options, quests, farming features, a learning academy, and a community-building focus. Cutoshi Project has managed to attract an enthusiastic base that’s pushing its presale progress at a fast pace.
The recent demand for $CUTO, helped by the general bullish climate following the election, led stage two of its presale to sell out quickly. This suggests the potential for a continued upward trend, especially as the project builds on its community and utility.
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