News

BTC hits new highs, but these 4 altcoins promise bigger ROI by 2025

Published

2 hours ago

November 18, 2024

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Bitcoin hits record highs, but four altcoins show potential for higher returns by 2025, poised to outshine the market leader.

Bitcoin is soaring to record levels, drawing the eyes of investors everywhere. But while it dominates the headlines, other digital currencies may offer even greater gains. Four unique altcoins are showing promise for higher returns by 2025. These emerging players could outshine Bitcoin’s performance. Explore which cryptocurrencies might deliver bigger profits in the coming years.

CYBRO presale surpasses $4M: A unique DeFi investment opportunity

CYBRO is seizing the spotlight in the crypto market as its exclusive token presale climbs past the $4 million threshold. As a next-generation multichain DeFi platform, CYBRO delivers exceptional investment opportunities, enabling users to optimize their earnings across multiple blockchains, regardless of market fluctuations.

At a presale price of just $0.04 per token, CYBRO presents a rare chance for substantial returns, with experts forecasting a potential ROI of up to 1200%. This unique project has already captured the interest of prominent crypto whales and influencers, reflecting the strong belief in CYBRO’s technology and vision.

CYBRO token holders stand to gain a range of valuable benefits, including generous staking rewards, access to exclusive airdrops, cashback incentives, reduced trading and lending fees, and a comprehensive insurance program to ensure investor protection.

With only 21% of the total token supply available during this presale and over 100 million tokens already claimed, this is a unique opportunity for astute investors to take part in a project poised for exponential growth.

AVAX: Exploring Avalanche’s Layer-1 blockchain and its potential

Avalanche is a Layer-1 blockchain known for its low fees and fast transactions. It can process up to 4,500 transactions per second. Users can launch customizable Subnets on the platform. It uses a hybrid consensus mechanism that combines classical and Nakamoto consensus principles. This design aims for transaction finality in less than two seconds. The platform includes three interoperable chains: X-Chain, C-Chain, and P-Chain.

These chains handle various operations like transactions and smart contract executions. AVAX is the native token of Avalanche. It is used for transaction fees, staking for network security, and operating Subnets. AVAX has utility in payments, staking, and enabling the creation of custom tokens and blockchains.

Polkadot bridging blockchains with speed and scalability

Polkadot is a decentralized protocol and cryptocurrency that allows different blockchains to communicate securely. It enables the sharing of value and data between chains like Ethereum and Bitcoin without intermediaries. Polkadot uses parachains to improve speed and scalability, handling more transactions than Bitcoin and Ethereum. The DOT token is used for governance and staking in the network.

Holders can take part in decision-making and help verify transactions. Polkadot was developed by Gavin Wood, a co-creator of Ethereum, and is maintained by the Web3 Foundation. It aims to create more connected and efficient blockchains.

POL Token: Empowering the Polygon network’s growth

POL is the utility token of the Polygon network. It plays a crucial role in the ecosystem’s operations. Holders can stake POL to secure the network and earn rewards. They participate in governance by voting on proposals that shape the network’s development. This gives the community a direct influence on Polygon’s direction. POL also unlocks access to exclusive services, providing special features and applications within the ecosystem.

As the network expands and integrates more services, the uses for POL increase. This boosts its importance and demand within the ecosystem. POL’s various functions support the growth and functionality of the Polygon network, making it a key part of its operation.

Conclusion

While AVAX, DOT, and POL show promise for future gains, their short-term potential appears limited. In contrast, CYBRO emerges as a standout option. As a unique DeFi platform on the Blast blockchain, CYBRO provides investors with unmatched opportunities to boost their returns through AI-driven yield aggregation. It offers appealing staking rewards, special airdrops, and cashback on purchases. Users enjoy smooth deposits and withdrawals, ensuring a top-tier experience. With a focus on openness, compliance, and excellence, CYBRO distinguishes itself as a noteworthy project attracting strong interest from major crypto investors and influencers.

For more information, visit the official CYBRO website and join the community on X, Telegram, and Discord.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Source link

Altcoins

‘Time Has Come’ – Top Trader Predicts More Rallies for Dogecoin, Updates Forecast for Bitcoin and PEPE

Published

5 hours ago

November 18, 2024

admin

An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes top memecoin Dogecoin (DOGE) is primed for more rallies.

Pseudonymous analyst Bluntz tells his 291,000 followers on the social media platform X that Dogecoin appears to have completed an ABC corrective wave against Bitcoin (DOGE/BTC).

The trader practices Elliott Wave theory, which states that a bullish asset tends to witness a five-wave upside move after an “ABC” correction.

Says Bluntz,

“DOGE/BTC looking sendy again, swept the A wave lows and looks like a clear ABC down move now done.

I have been waiting for this one to cool off to start bull posting again and I think the time has come.”

Looking at the trader’s chart he seems to predict that DOGE/BTC will soar to as high as 0.000008 BTC ($0.73). At time of writing, DOGE is trading at $0.365.

Turning to Bitcoin itself, the analyst believes that BTC has started a fresh five-wave surge in the lower time frame, targeting $100,000.

“So far so good.”

At time of writing, Bitcoin is trading for $90,227.

As for the memecoin Pepe (PEPE), Bluntz says that the altcoin is likely en route to $0.00003.

“Don’t fade the magic PEPE squiggles.”

At time of writing, PEPE is worth $0.0000214.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney
Shutterstock/MrArtHit

Source link

Dogecoin

Coinbase CEO mentioned ‘DOGE’ could increase economic freedom

Published

5 hours ago

November 18, 2024

admin

Trump’s plan for the U.S. Department of Government Efficiency (DOGE) is to reduce federal government spending and cut some unnecessary regulations. This idea is now being supported by Coinbase CEO Brian Armstrong.

According to Brian Armstrong, CEO of Coinbase, the idea of creating a new Department of Government Efficiency (DOGE) is a lifetime opportunity. He mentioned on X post Nov. 17, that the agency could increase economic freedom in the U.S. and cut the size of government back to health.

Armstrong noted that government spending could be scrapped by only 10% of the gross domestic product (GDP). While the U.S. government used federal spending more than doubled in the past few years. Therefore, he suggests that the constitution needs to be amended.

. @DOGE is a once in a lifetime opportunity to increase economic freedom in the U.S. and cut the size of government back to health.
The founding fathers were geniuses but (with humility) may have missed the adverse incentives which grow the size of democratic government over…
— Brian Armstrong (@brian_armstrong) November 17, 2024

He mentions that the unbalanced federal budget makes the congress members who vote for it have no right to the next term election. For that reason, the government needs to have the right incentives to control the budget in the long term.

Armstrong also explored the idea of a U.S. sovereign wealth fund, where every citizen could contribute to the funding and they would have a share. The budget surplus from the fund could be used as a dividend.

Donald Trump’s Vision of DOGE

Earlier last week, on Nov. 13, U.S. President-elect Donald Trump officially announced Elon Musk as the leader of a newly created agency, the Department of Government Efficiency (DOGE).

This brand-new agency was inspired by Dogecoin and Musk will be accompanied by American entrepreneur and Republican Vivek Ramaswamy.

Musk and Ramaswamy were expected to cut wasteful expenditures, restructure federal agencies, and cut unnecessary regulations. Trump mentioned that this agency would bring a shockwave to the system, but potentially would become “The Manhattan Project” of our time.

Since Trump won the election and announced the new agency, Dogecoin has seen a significant increase of 163% in the past month and a rise in the price from $0.13 to $0.36. The Dogecoin has already been projected to hit $1 in the future.

Source link

Bitcoin

Republican Senator proposed to buy more Bitcoin by selling The Fed’s gold

Published

8 hours ago

November 18, 2024

admin

U.S. Senator Cynthia Lummis proposed a Bitcoin national strategic reserve by selling some of The Federal Reserve’s gold, rather than buying from government budget.

Cynthia Lummis, a Republican Senator, plans to push President-elect Donald Trump’s masterplan for Bitcoin into reality. Lummis has mentioned, in an interview with Bloomberg, that some of The Federal Reserve’s gold could be sold to buy more Bitcoin, rather than buying from the federal government budget.

“We already have the financial assets in the form of gold certificates to convert to Bitcoin,” Lummis said.

Following her bill, the biggest cryptocurrency by market capitalization would be held for no less than two decades. The appreciation in value would help to reduce the national debt, which is approximately counted as much as $36 trillion.

However, the Trump administration also aims to maintain 200.000 Bitcoin ownership. Mostly, all the crypto owned by the U.S. government is a seizure asset from several court cases.

On Polymarket, the world’s largest prediction market, the crypto community lacks confidence in Trump’s plan as the poll shows only a 30% chance.

Nevertheless, the U.S. Congress has seen a massive number of pro-crypto legislators win the seats, which indicates that the crypto bill would easily be passed in the future.

Trump pledges to Bitcoin community

President-elect Donald Trump once ever pledged to the crypto community to create a Bitcoin strategic national reserve in the latest conference in Nashville. He also mentioned that the United States will be the crypto capital in the world as he takes an oath of office in mid-January.

Trump also mentioned he would fire Chairman of the Securities and Exchange Commission (SEC) Gary Gensler on his first day in office. At that time, he will nominate another person as a chairman who is more friendly to digital asset

He also vows to the crypto community to pardon Silk Road founder Ross Ulbricht who is serving 40 years in jail without possibility of parole.

Recently, the price movement has surged almost 12% in the last 7 days, and traded $89.632 on Nov. 18. The biggest cryptocurrency in the world also achieved new all-time high prices up to $93.477 on Nov. 13. The market capitalization also raised to $1,7 trillion.