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Over 97% Bitcoin Holders Are In Profits As BTC Rests Above $61,000; Time To Start Thinking Altcoins—3 Mega Bullish Picks

Bitcoinist
by Bitcoinist
1 year ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The crypto market is reaching peak excitement as Bitcoin continues hovering above the psychologically crucial $61,000 level, with over 97% of all Bitcoin addresses now in profit. This long-awaited pivotal moment for Bitcoin sparks intense interest and speculation around smaller altcoins, poised to see massive gains on Bitcoin’s coattails. With Bitcoin consolidating after its parabolic run, investors are eagerly shifting focus to identify the next mega-bullish picks that could ride its monumental rally. Bitcoin’s surge towards cementing itself as a mainstream asset class is shining an optimistic light on altcoins and putting laser focus on projects showing immense potential in Bitcoin’s growing shadow. Here are 3 altcoins energized and primed for potentially massive, Bitcoin-like gains as BTC ascends.

Solana Leads the Pack

Solana (SOL) has been on a tear, surging over 80% in 5 weeks. This Ethereum rival has gained tremendous traction thanks to its focus on scalability, processing up to 50,000 transactions per second. Recent data shows Solana futures open interest jumped 37%, topping $2 billion. This indicates surging confidence that SOL could soon retest its all-time high of around $260.  Bullish technical patterns suggest the rally may continue towards $200 in the short term. Solana’s ability to solve blockchain trilemma makes it a leading contender amidst Ethereum’s high fees.

Retik Finance Presale Sells Out

Retik Finance (RETIK) has taken the DeFi world by storm, with its presale selling out months ahead of schedule. Raising over $32 million, Retik provides a suite of futuristic products. Its debit cards enable anonymous transactions without KYC, prioritizing privacy. Users can earn up to 5% cashback, plus enjoy global acceptance and ATM withdrawals. Retik’s non-custodial wallet supports multiple chains, offering users full control. Its swap aggregator finds the best DEX rates instantly. Powerful AI analyzes lending options, while options and perpetual futures trading simplify investing across assets. By combining convenience, security, and cutting-edge technology, Retik is emerging as a promising DeFi gem. With listings underway, RETIK presents a unique early entry opportunity. To celebrate Retik Finance’s presale success, a $5000 giveaway is now live! Simply create a unique photo, video, or meme showcasing your celebration, tweet it with #RETIK and tags, then email the link to giveaway@retik.com. 25 lucky winners will each receive $200 in this creative contest highlighting the achievements of Retik Finance’s record-breaking presale.

Cardano Eyes $1

As a top 10 cryptocurrency, Cardano (ADA) continues to make waves. Its recent 25% price surge has sparked renewed predictions on whether ADA can finally conquer the $1 mark in 2024. ADA currently trades around $0.61. While some analysts forecast an average of $0.83 this year, others like Digital Coin Price, predict a potential high of $1.28.  Global economic factors and investor sentiment heavily influence prices. Positive regulatory changes and bullish technical factors like Bitcoin’s halving could provide tailwinds for ADA to reach $1. However, experts note ADA’s price fluctuation between $0.59 and $0.75 in the short term. But Cardano’s commitment to sustainability and scalability means its long-term growth potential cannot be ignored.

Concluding Thoughts

As profits take center stage, Altcoin projects solving real-world issues present lucrative opportunities. L1 protocols like Solana and Cardano offer speed and scalability. But new disruptors like Retik Finance are taking innovation further; its debit cards and AI lending bridge the gap between crypto and daily utility.By combining proven platforms with emerging decentralized finance advances, investors can diversify and maximize portfolio gains in 2024.

Click Here To Take Part In Retik Finance Presale

Visit the links below for more information about Retik Finance (RETIK):

Website: https://retik.com

Whitepaper: https://retik.com/retik-whitepaper.pdf

Linktree: https://linktr.ee/retikfinance

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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