Whales play a major role in developing and expanding the cryptocurrency ecology. In normal circumstances, these individuals affect crypto prices by moving large sums of money, causing prices to move in one direction. Whales’ opinion about a crypto project also matters. Following crypto whales could be crypto’s smart money and potentially yield insane returns. For instance, this new Bitcoin alternative could explode according to a Solana whale’s price prediction. The whale predicted that Bitcoin Spark’s native digital asset, BTCS, could be worth $700 in 2024.
What is Solana?
Solana is a decentralized platform where developers create scalable decentralized applications. The DeFi platform is well known for its high speed, scalability, decentralization, as well as interoperability. Solana is also a home for non-fungible tokens (NFTs), NFT marketplaces, and decentralized play-to-earn blockchain games. Solana is well known for its speed, low transaction costs, and censorship-resistant network. Solana has an improved proof of stake consensus mechanism reinforced by an advanced feature called proof of history (PoH). However, Bitcoin Spark employs a more improved consensus mechanism called proof of process.
Bitcoin Spark could surge to $700
Bitcoin Spark is a new crypto alternative that has gotten the attention of whales. For this reason, a whale has made a fairly accurate prediction that Bitcoin Spark could hit $700 in the next 12 months. Bitcoin Spark is currently on presale. BTCS tokens are available for purchase at a discounted price of $2.75 in the current ICO phase (the current ICO phase is phase 6).
Alongside the massively discounted BTCS price, investors and participants who purchase the token before phase 6 ends will get an additional 8% bonus. All investments made during phase 6 will be worth 393% when the ICO ends, and each BTCS token begins to retail at $10.
If the whale’s prediction is correct and BTCS tokens surge to $700, the returns will be more than 25,000% in less than 12 months. Bitcoin Spark’s running ICO has already raised $2 million in five short weeks, and the platform intends to distribute 4 million BTCS tokens. Through the application of improved technology, Bitcoin Spark aims to be ranked the best Bitcoin hard fork.
Bitcoin Spark’s network is giving investors an opportunity similar to purchasing Bitcoin in 2013. The network has a strategic plan to stabilize the price of BTCS tokens after the launch. The network will introduce exclusive perks for wallet addresses and accounts that have received BTCS tokens directly from the ICO deployer address. The wallets will have a two-fold mining rate lasting for two years, and the strategy has been closely monitored to reward early adopters. After the two years elapse, the mining fold will end, and the network will stabilize.
Bitcoin Spark has a smart contract layer on the network to allow decentralized application deployment. The deployment has been made available to programmers using different programming languages, such as Solidity and Vyper. The smart contract layer will accommodate both high and low-level languages spearheading innovation.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
Source: https://www.analyticsinsight.net/bitcoin-spark-price-prediction-solana-whale-suggests-a-700-btcs-is-very-likely-in-2024/