As Bitcoin’s (BTC) run continues, the world’s leading crypto trades steadily in the $67,000 range. BTC’s performance tends to be a good indicator of the trajectory of the altcoin market, and if BTC should reach $300,000, four altcoins stand to gain impressively. Read till last line.
A New ATH for Bitcoin (BTC) is Expected to Trigger Surge in the Market
Bitcoin (BTC) has surged in recent weeks and is trading near its all-time high (ATH) of $73,750, which it reached on March 14, 2024. This week, the world’s leading cryptocurrency oscillated between two significant levels - $65,000 and $69,000. If buyers push BTC above $69,000, the all-important $70,000 level may be within sight. BTC is currently trading for $67,085, and the community sentiment is overwhelmingly positive. CoinMarketCap estimates BTC community sentiment to be 71% bullish and 29% bearish.
Shiba Inu (SHIB)
Shiba Inu ($SHIB) remains a top-selling memecoins with a market cap exceeding $9.9 billion. The decentralized community-led token and its reputation and tagline as the “Dogecoin Killer” have handsomely rewarded its investors with a 113% increase in the past year. $SHIB is also a member of the Solana network and is Husky Inu’s best friend. Shiba Inu ($SHIB) quickly rose to fame in the crypto industry and has since become a household name. This decentralized, community-led project and its native token, $SHIB, quickly gained the attention of its dedicated community of investors thanks to its overall charm and support from industry giants such as Ethereum co-founder Vitalik Buterin and Tesla CEO Elon Musk.
Market optimism fostered by Bitcoin will likely bring SHIB from its current price of $0.0000169 to $0.1
Solana (SOL)
Due to some of its unique features, the Solana network has become the go-to blockchain for memecoin development. The blockchain is designed to handle high numbers of TPS at low transaction fees. Solana’s ability to process transactions quickly ensures that trades are efficiently executed, a feature essential to memecoin, which, by nature, is subject to rapid price fluctuations. Memecoins rely on community support, and Solana has cultivated a robust and active community which ideally serves memecoins. The blockchain also offers excellent developmental tools and resources, making it an attractive environment for developers to effortlessly create and deploy new tokens. SOL is coming off a very bullish week, gaining over 9% in the past seven days. At the time of writing, SOL traded at $174,04, up 2.98% in the past 24 hours.
Solana (SOL) has become a formidable player in the crypto space, and now it is targeting a considerable part of Ethereum’s (ETH) market share. With analysts projecting a possible 700% rally, the Solana price could see a significant value surge if it can take on Ethereum’s market share.
Dogecoin (DOGE)
Dogecoin (DOGE), the top memecoin by market cap according to CoinMarketCap, is undoubtedly following BTC’s upward momentum. The coin, which started as a joke, has become a household name in the crypto industry thanks to a strong community. DOGE displayed remarkable growth as it transitioned to a legitimate investment opportunity with great utility. DOGE has witnessed a spectacular rally over the past month, gaining over 10%. $DOGE is up by over 2% in the past 24 hours, currently trading at $0.1375.
Husky Inu (HINU)
Husky Inu ($HINU) entered the crypto space with a bang to compete with industry giants, including Dogecoin and its new best friend, Shiba Inu. The project has an Earn App in the works and a Decentralized Exchange. The Earn App will allow its users to receive $HINU tokens as a reward for engaging with the platform. The DEX will facilitate decentralized trading and enhance utility and value for $HINU holders.
Husky Inu ($HINU) and its native token were designed to improve utility and value for its holders by harnessing the power of the Solana ecosystem. The project aims to conquer the industry to create a robust and supportive community with improved features and rewards.
The project’s recently launched presale has gone very well, with the first stage selling out within days. The second stage of its presale sold out, and the project is undertaking its third fundraising round with great enthusiasm. Since going live, the presale has generated over $464,000.
Husky Inu made a name for itself thanks to its commitment to a reliable token ecosystem. It achieves this through a carefully designed distribution model and capped maximum supply. Husky Inu boast several unique features that set it apart from traditional investment opportunities, including:
Capped Supply: The total supply of HINU is limited to 100 billion tokens, ensuring scarcity and value retention.
Deflationary Mechanism: 50% of all Husky Inu Exchange and DEX platform fees will be used to buy back and burn HINU tokens to reduce the circulating supply over time.
Early Investment Opportunity: The HINU presale is going well and allows investors to buy $HINU tokens at a modest price.
Charity Voting: 5% of the total Husky Inu (HINU) token supply will be allocated to community rewards and charity, supporting user-voted charities and goodwill causes.
Speedy Transactions: Husky Inu leverages the speed and scalability of the Solana blockchain to bring users quick, low-cost transactions.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news.
#bitcoin☀️ #DogecoinCommunity #SHIBCOIN #HINU #USJoblessClaimsDip
