According to JP Morgan , Ethereum (ETH) could outperform Bitcoin (BTC) in 2024. This is a very big statement, but they believe the upgrades to the Ethereum network will make it even more popular next year. The market is expected to perform well in 2024, with some big positive driving factors on the horizon.?
Is Ether Going To Outperform Bitcoin In 2024? 5 Coins Ready To Explode!
A JP Morgan report has suggested that Ethereum will outperform Bitcoin in 2024. Elsewhere, we have found 5 projects that are ready to explode next year.?
Bitcoin
Bitcoin
The JP Morgan report, however, is preaching caution as they believe crypto's number one token may have been overbought. They think Ethereum will steal the spotlight once the price of BTC corrects itself. Elsewhere, there are other altcoins that could pump more than the two major crypto tokens. We compiled a list of the top 5.?
- Bitcoin ETF Token (BTCETF)?
- Bitcoin Minetrix (BTCMTX)?
- Meme Kombat ($MK)?
- TG.Casino ($TGC)?
- Shiba Inu (SHIB)?
Let’s take a look at why these 5 coins are ready to explode in 2024.?
Bitcoin ETF Token- JP Morgan report strengthens the case this token will explode next year?
The reason JP Morgan believes that Bitcoin is being overbought is because of the potential for Bitcoin ETF application approvals in 2024. As they mention in the report, there is a “high chance of buy-the-rumor/sell-the-fact effect once the SEC approves spot bitcoin ETFs early next year,” If Bitcoin isn’t the focus, it leaves even more growth potential for Bitcoin ETF Token (BTCETF).?
The token has taken the opportunistic move to position itself to profit from what is predicted to be one of the most positive price movers for the market in 2024. While JP Morgan believes the ETF momentum has caused Bitcoin to be overbought, it will likely lead a lot of investors to this project instead.?
The coin isn’t totally reliant on this factor, either. Staking is a great way to add utility to a project, and a massive 25% of BTCETF has been allocated to a staking pool. To help the future of BTCETF even more, a 5% burn tax is applied to every transaction and 25% of the tokens will be eventually burnt as milestones are passed. The project has covered all bases and should explode in 2024.?
Bitcoin Minetrix- Presale is indicating this token is going to be a best-performer in 2024??
The Bitcoin Minetrix (BTCMTX) presale is really starting to draw attention as it continues to pass milestones. Over $5.2 million has already been raised, and it's no surprise considering how revolutionary this project could be to the Bitcoin mining industry.?
Mining of crypto's number one token has become very exclusive due to the amount of money it costs to run a data center that uses a small town's worth of energy. Small or even medium crypto investors have been pushed out. Luckily, through a combination of staking and cloud mining, Bitcoin Minetrix has the solution.?
It is a stake-to-mine system that gives investors control once again. The staking part is the same as with other projects, investors can stake and earn a passive income or unstake and sell at any time. They can also exchange tokens for mining credits. These credits are their tickets into the mining world and can be exchanged for mining time. A greener and cheaper way to mine, so expect this token to explode in 2024.?
Meme Kombat- All kinds of routes to potential revenue while playing a great game!??
We love a P2E game that gives players a chance at big gains, and that's exactly what Meme Kombat does ($MK). We are so bullish on this project we think it's going to put P2E games back in the spotlight. With $3 million raised clearly other investors think the same.?
Staking is the usual way to earn from your investment these days, but what if we told you players can earn $MK by wagering in-game? Meme Kombat is a fighting game that lets players battle it out with the biggest memes of the last 10 years.?
This is both hilarious and entertaining, but things get serious when wagering comes into play. Each meme has its own special attributes, and players can wager on who they think will win their battles. Bet against other players, the computer, and even side bet on fight events. The game has it all and should explode in 2024.?
TG.Casino- This crypto casino could shoot to the top of the ladder in 2024??
Crypto Casinos are due for a big year in 2024 as they continue to grow in popularity. We are predicting that TG.Casino ($TGC) will immediately jump to the top of the field thanks to some innovative features that will attract investors. The presale only has $1 million left to raise, so potential investors need to act fast.?
The main drawing factor that catches the eye is this project will be a Telegram casino . The excellent partnership will see the casino hosted by the mega-popular messaging app. This immediately gives TG.Casino a potential customer base of millions.?
The other important drawing factor this crypto casino has is rewarding loyalty. Every day, the project is going to purchase open market $TGC and use it to help strengthen the ecosystem. 40% will be burnt, which creates scarcity and thus increases the value of $TGC. The rest will be used to sustain the ecosystem through staking rewards and loyalty bonuses.?
Shiba Inu- Billionaire SHIB investor story is trending as many wonder if it is going to pump again.?
Crypto tends to work in cycles, and an old story of how 1 investor turned $8,000 worth of Shiba Inu (SHIB) into $5.7 Billion is once again trending online. These stories are always valuable to meme coins in particular, as they can trigger a market response and cause the coin to pump.?
Shiba Inu has been enjoying the last 30 days and is up over 15%. The success of Shibarium and its thriving ecosystem has led investors to believe it could be one of the best-performing meme coins of 2024. The story of this investor making billions from 2020-2021 could be the catalyst to another great year for the meme coin.?
Conclusion?
So, when it comes to Bitcoin vs Ethereum, JP Morgan seems to think that the progress with the Ethereum network will be more important than any Bitcoin ETF progress. While that battle ensues, the 5 coins we have listed above look like they will be pumping throughout 2024. Now is the best time to invest, as the first 4 are all going through presale and are available at rock-bottom prices.?
Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.
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