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Bitcoin Market Analysis & Prediction for SHIBA Coin – What You Need to Know to Turn a Profit

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

Bitcoin’s bull run has been cooling down in the past two weeks as the world’s largest crypto now struggles to regain the $70k target.

This drop has also affected the rest of the market, including popular meme coins like Shiba Inu.

Despite being up by over 194% in the last 30 days, the past two weeks haven’t been as profitable, with SHIB dropping by over 20%.

Is there hope for Shiba Inu to enter another profit run in the upcoming weeks? Analysts believe it’s up to the BTC halving event and how it pans out.

But in the meantime, the two tokens they predict could explode by over 100x include Dogecoin20 ($DOGE20) and Green Bitcoin ($GBTC).

>>>Get the Best Presale Coin Now<<<

Bitcoin Could Enter a New Bullish Run After Halving Event and Spark Profits for Meme Coins Like SHIB – But These Two New Tokens Have More Profit Potential

Just a week ago, Bitcoin was on a winning streak, hitting new record highs almost every day. But then, things took a turn.

Last Thursday, it reached an all-time high of nearly $73,800, only to drop to $66,000 the following day. Unfortunately, it hasn’t bounced back since.

However, there’s a significant event coming up that could change the game – the Bitcoin halving in mid-April. This event has historically had a big impact on the market. And it’s not just Bitcoin that could be affected—meme tokens like Shiba Inu might feel the effects too.

Bitcoin halving is essentially a process that reduces the rate at which new Bitcoins are created, making them more scarce. This scarcity tends to drive up demand and, in turn, prices. And when Bitcoin moves, it often dictates the direction for the rest of the cryptocurrency market.

Besides Bitcoin, the popular coin Shiba Inu remains in the spotlight with its 4% return over the past week. Analytics indicate that as the weekend approaches, SHIB is slowly gaining back its price.

However, despite many analysts predicting further growth for SHIBA and other popular meme coins, there are new players in the market that could potentially outperform them in the coming weeks—Dogecoin20 ($DOGE20) and Green Bitcoin ($GBTC).

In a short time frame, $DOGE20 and $GBTC have gathered millions during their presale phase. Analysts are optimistic about their potential, suggesting they could reach profits of up to 100x.

>>>Get the Best Presale Coin Now<<<

$DOGE20 Emerges as the Next Dogecoin Sensation – Investors Excited About its Promising Presale Momentum

With Dogecoin20 gaining momentum, investors are closely watching for its next step.

It stands out for its focus on sustainability, adopting a proof-of-stake consensus mechanism to reduce environmental impact—a nod to the original Dogecoin ethos, “Do Only Good Everyday.”

The $DOGE20 ICO has already raised over $7 million in its presale, reflecting the growing excitement and anticipation surrounding the project’s future growth.

Dogecoin20 is introducing a new feature—staking. This game-changing addition allows users to earn passive income simply by holding onto their $DOGE20 tokens in the staking protocol. It’s a move that’s sure to shake things up for the Dogecoin20 community and attract even more interest in the weeks to come.

It’s dedicated to building a sustainable ecosystem by allocating its tokens strategically:

  • 25% for presale participation
  • 25% for marketing
  • 25% supports ongoing development
  • 10% ensures exchange liquidity
  • 15% rewards staking

This allocation highlights Dogecoin20’s commitment to long-term growth and stability.

If you’re looking to jump in early, participating in the presale offers the advantage of staking tokens right away—a bonus for those who act fast. And considering the expected rise in presale prices, now’s a prime opportunity for investors to snag some tokens at a cheaper price.

>>>Buy Dogecoin20 Now<<<

Green Bitcoin (GBTC) Aims High with a $7.8M Presale and Sustainable Crypto Vision

Green Bitcoin is gaining attention for its unique combination of Bitcoin’s legacy and Ethereum’s eco-friendly technology. As an ERC-20 token, it introduces a new approach to crypto earnings known as “Gamified Green Staking.”

This method allows investors to earn passive income based on their investment and encourages community engagement through Bitcoin price prediction challenges.

By using Ethereum’s Proof-of-Stake (PoS) consensus mechanism, Green Bitcoin significantly reduces energy consumption compared to traditional Bitcoin mining.

With $7.8 million already raised, anticipation is growing as we approach the next price increase.

The presale offers flexibility by accepting USDT, credit cards, and now BNB, making it easier for investors to avoid Ethereum’s high fees. However, choosing BNB means missing out on the attractive 81% annual staking returns.

In strategic planning, the Green Bitcoin team has set aside 20% of all GBTC tokens for staking rewards, to be distributed over two years. As for the distribution of the remaining tokens, here’s the breakdown:

  • 50% for presale
  • 20% for staking rewards
  • 50% for marketing
  • 50% for liquidity
  • 10% for community rewards

Green Bitcoin is an attractive option for investors interested in eco-friendly initiatives and a dynamic crypto experience. It offers a unique combination of gamified staking and a focus on sustainability.

Now is an excellent opportunity for those considering joining this innovative platform before the price explodes.

>>>Buy Green Bitcoin Now<<<

Final Thoughts

With Bitcoin halving knocking on the door, the buzz in the crypto world seems to rise.

If Bitcoin begins to increase in price after the halving, it could trigger a domino effect, potentially leading to a recovery in the value of popular meme coins like SHIB.

However, regardless of SHIB’s direction, there are two tokens with the potential to outperform it in the coming weeks – Dogecoin20 ($DOGE20) and Green Bitcoin ($GBTC).

As they are both still in the early presale phases, investors are in a hurry to get as much as they can before the prices explode.

 

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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