3 Tokens Poised for a 50x Explosion in 2024 with Ongoing Presales

The crypto market has suffered small losses today and, at the time of writing, is down 3%. However, this is just a little expected regression after weeks of gains market-wide. Nobody is panicking, and it seems like we are still set for a profitable 2024.

The crypto market is volatile and is always subject to change. That being said, there are reasons to believe that 2024 could be a record-breaking year. Lowering interest rates, a Bitcoin halving event, and further ETF progression are all potential catalysts for the market.

With that information onboard, we decided to find 3 tokens poised for a 50x explosion in 2024. For this, we dipped into the presale market, and these were the three best options we found:

  • Bitcoin ETF Token (BTCETF) 
  • Bitcoin Minetrix (BTCMTX)
  • Pikamoon (PIKA)

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Bitcoin ETF Token- Set up to profit from the market’s biggest catalyst in 2024 

We have already laid the foundation for this one in the intro. One of the biggest positive driving factors for the crypto market in 2024 is going to be the ETFs and how their applications progress. Bitcoin ETF Token is a project that has set itself up perfectly to profit from any positive developments in this area.

Let’s first give you readers a grounding in why crypto ETFs could be so beneficial for the market as a whole. ETF stands for Exchange Traded-Fund and for years, crypto enthusiasts have dreamed of having them for their currencies. It is seen by most as a way of propelling this new risk market into the mainstream alongside traditional markets like the stock market.

To summarize, A Bitcoin ETF would allow investors to purchase Bitcoin much like shares are purchased. They combine the characteristics and potential benefits of mutual funds, stocks, and bonds. Not only this, but there is less risk involved in purchasing Bitcoin this way, and investors also don’t need to go through some of the hassles associated with purchasing the token through a crypto exchange.

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Why we already know Bitcoin ETF Token will see at least a 50x explosion in 2024

So we know that the crypto ETF development could be huge for the market as a whole, but how do we know it will translate to success for Bitcoin ETF Token? Well, this summer BlackRock, Wall Street’s largest asset management firm, filed with the SEC to develop their own spot Bitcoin ETF. This had a domino effect, and now at least 9 other Wall Street companies are working on crypto ETF applications.

The effect of this initial domino was so great that it was enough to trigger a mini-bullish period for the whole market. To show this isn’t a fluke, on October 24th BlackRock’s proposed spot bitcoin ETF turned up on a list maintained by the Depository Trust and Clearing Corporation with the ticker IBTC. This had a hugely positive effect on Bitcoin and caused it to pump by 12%.

At the time, it was the highest jump in price by Bitcoin over a 24-hour period in over 6 months. This is where we bring back Bitcoin ETF Token, if these developments were enough to cause the market and its top token to pump, imagine what it could do for a small presale coin like Bitcoin ETF Token. 50x gains feel like the minimum.

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Bitcoin Minetrix- Another Bitcoin-related project that is set for a 50x explosion in 2024

When you first read what Bitcoin Minetrix (BTCMTX) is about, you may think this a more niche project that only Bitcoin miners would be interested in. Then you look at its presale and see it has raised over $5.2 million and you can see there is a lot more than just miners interested in this project.

That is because Bitcoin Minetrix looks like it has a solution to a problem that is seriously threatening the future of the market’s number one token. As Bitcoin has exploded in popularity in the last decade, demand for its mining has also gone through the roof.

Not only are people outside of the crypto world complaining about the amount of energy mining Bitcoin takes, but inside it has excluded almost all of the crypto community. Despite its ethos of decentralization, only the very rich can now mine Bitcoin because of the resources it takes.

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How a combination of cloud mining and staking is the answer for Bitcoin miners

This has been a problem for quite some time and cloud mining was initially billed as the solution. This involves investors getting into cash contracts with leasing agents for mining time or a share of the yields. The problem is this quickly turned against the investor too.

The sector is rife with scammers and even if prospective miners find a decent leasing agent they are charged exorbitant fees and also have to give a share of what they mine back to whoever they get into business with. Luckily, Bitcoin Minetrix has found a way to make cloud mining work.

This is by adding staking to the mix. Like any other project, investors can stake and earn a passive income or unstake at any time. With this project, however, there is a third option: exchanging the tokens for mining credits. These credits are then burnt in exchange for mining time or a share of the yields. A cheaper and greener solution that will take not just the mining community by storm but the whole market.

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Pikamoon- A P2E game that is ready for 50x explosion in 2024

We think P2E games are going to make a big comeback in 2024 and one of the projects leading the charge is going to be Pikamoon (PIKA). The blockchain game takes inspiration from one of the most popular traditional gaming franchises of all time: Pokemon.

Like Pokemon, you get to pick your partner at the start of the adventure that will accompany you throughout. However, in Pikamoon your sidekick will be an NFT you mint yourself. Players will travel through 4 gaming universes and have chances to earn lots of PIKA and rewards while meeting new and exciting characters.

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Conclusion

There you have our list of the 3 tokens poised for a 50x explosion in 2024. Bitcoin ETF Token and Bitcoin Minetrix look like they will be two of the best-performing tokens on the market so 50x gains seem like it should be just the beginning.

Source: https://www.analyticsinsight.net/3-tokens-poised-for-a-50x-explosion-in-2024-with-ongoing-presales/