Bitcoin is down nearly 60% since the start of the year, and while that doesn’t necessarily herald the end of crypto winter, it’s a sign that investors who have been holding out on the world’s largest cryptocurrency may be missing out. opportunity to buy. while it is of low value.
However, there are many explosive opportunities in the crypto market for investors who are willing to look beyond Bitcoin. Let’s take a closer look at the price of Bitcoin and highlight 5 emerging altcoins that will generate big returns in the coming weeks and months.
Bitcoin Momentum Stalls, Some Analysts See Bearish Move Ahead
After a year of crypto winter, Bitcoin had an impressive start to 2023. The token gained more than 80% in the first four months of the year and briefly broke the key $30,000 price level in mid-April.
However, BTC’s strong momentum stalled last month. Bitcoin has not been able to stay above $30,000. However, the token remains in a range between $27,000 and $30,000, with the price recently sliding to $26,250.
Some crypto analysts see this as a worrying trend for Bitcoin. If the token does not solidly break through the resistance of $30,000, it will likely fall to the next support level around $23,000 – that would represent a 12% loss from the current price.
The macroeconomic picture for Bitcoin is equally uncertain. Although the US Federal Reserve’s halt in interest rate hikes was widely expected to be positive for BTC, persistently high rates and fears of a recession have kept investors away from the cryptocurrency.
At the same time, BTC is facing increasing scrutiny in the US and abroad for the energy required to mine it. The new mining restrictions will make BTC less accessible and reduce demand for the token, thus keeping the price down for the foreseeable future.
All of these trends suggest that while Bitcoin may still be well below its all-time high, it is more likely to go through another round of bearish price action before it surges, with a true crypto bull. run that is not expected until 2024 with the next half approaching. .
Therefore, investors in search of quick profits in the crypto market may be better served by exploring altcoins that are gaining traction today.
AiDoge Raises $13.5 Million for AI-powered Meme Generation
AiDoge is a meme coin that uses generative AI to make meme creation easier than ever.
AiDoge users just need to describe the meme they want to create, and the AI will take care of the rest. Within seconds, it will provide a custom image and text that users can customize.
AiDoge allows users to create their creations as NFTs before sharing them. That way, when a meme goes viral, users can prove ownership of the latest trend.
To create AiDoge memes, users will need the project’s native AI token. Users who install the AI earn daily credits to use the meme generation algorithm. This encourages long-term investment while encouraging users to create new memes.
The AiDoge presale continues today and has raised over $13.5 million in just four weeks. Investors should hurry if they want to participate in the presale—less than 10% of the AI tokens allocated in the presale remain available and the project may hold an ICO in the next few weeks.
Visit the AiDoge Presale
Launchpad XYZ to Drive Mainstream Web3 Adoption with Gateway Portal
Launchpad XYZ is another crypto presale project that quickly caught the attention of investors.
The new protocol will act as a gateway platform for new Web3 users and crypto natives by providing a wide range of tools and access to help drive mass adoption.
The project, with its own Web3 wallet, will simplify Web3 navigation by providing an easy portal to a variety of different markets, experiences, and protocols.
That includes a decentralized exchange, NFT market, play-to-earn gaming hub and metaverse library, a trading terminal, fractionalized assets, and whitelist areas of the best new crypto presales .
Launchpad XYZ, created by a doxxed and experienced team, is powered by LPX, a utility token required to gain access to all the different features offered.
The Launchpad XYZ presale has already raised more than $600k, with LPX tokens currently trading at $0.0445 during stage 2 of 10, with the price rising to $0.0565 in the final stage.
Visit the Launchpad XYZ Presale
yPredict Builds an AI-powered Crypto Trading Platform with 20,000+ Backers
yPredict is a new crypto project that uses AI to help traders achieve more profits in the market.
The project builds a suite of AI-powered predictive modeling tools. Analysts, quants, and developers can use these tools to build custom models that can predict where the price of a crypto asset will be in hours, days, or weeks.
Model builders can share their models with traders on a subscription basis through the yPredict marketplace. yPredict gets a cut of each subscription, and it splits 10% of this revenue back to traders who stake its native YPRED token.
In addition to predictive models, yPredict has built a custom trading terminal full of other AI features. The platform will support automated chart pattern recognition, social sentiment analysis, trading from charts, and more.
YPRED, built on the Polygon Matic network, is available for purchase today through the yPredict presale. It is currently priced at $0.07, more than a 40% discount from the planned list price of $0.12.
The yPredict presale raised nearly $1.7 million and the project has more than 20,000 users on its waiting list. The next price hike is just a few days away.
Visit yPredict Presale
Ecoterra Pioneers Recycle-to-earn Ecosystem, Raises Over $4 Million
Ecoterra is a green crypto project that promotes the sustainability of a unique recycle-to-ear rewards system.
The recycle-to-ear system revolves around Ecoterra’s Web3 app. Users scan the barcode of the packaging they want to recycle, and Ecoterra matches it with the material in its database.
When users deposit their recyclables in a reverse vending machine, Ecoterra releases ECOTERRA tokens as a reward.
Users can keep their ECOTERRA or exchange them, but they can also use ECOTERRA to buy carbon credits. Ecoterra partners with solar and wind energy projects to offer certified carbon credits that offset users’ own emissions.
There’s more to Ecoterra, including a marketplace and sustainability report cards for businesses. The platform has the potential to be one of the key players in an eco-friendly revolution.
Ecoterra is now offering ECOTERRA on presale for only $0.0085, a discount of 15% from the expected list price. The presale has raised more than $4.25 million so far, showing that investors have a lot of confidence in the upcoming project.
Visit the Ecoterra Presale
Deelance Raises Over $1 Million to Transform the Future of Work
Deelance is reimagining the future of work and taking on established companies like Upwork, Freelancer, and Fiverr.
This crypto project builds a decentralized, Web3 freelance market that offers lower fees and more powerful features than existing markets. Deelance plans to charge only 2% for businesses, the lowest fee in the industry.
One of Deelance’s innovations is to enable freelancers to be paid in crypto, thereby eliminating expensive foreign transaction fees. The platform also created a way to turn intellectual property into NFTs, thus solving questions about who owns which aspects of a piece of contract work.
Deelance has also created a metaverse where freelancers and businesses can meet. Metaverse enables users to advertise their services, rent virtual office space, host meetings, and more.
To rent space or ads in Deelance’s virtual world, freelancers and businesses will need DLANCE. This ERC-20 token is on presale now at the price of $0.033. The presale has already raised more than $1 million.
Deelance expects to launch DLANCE at a price of $0.057, so early investors have a chance to lock in paper returns of 72%.
Visit the Deal Presale
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