Altcoins
VanEck CEO Predicts Bitcoin Market Cap Will Be At Least Half That of Gold, Top Altcoins May Follow Same Path
Speaking to Melker, VanEck CEO Scott She said that traditional finance can help push Bitcoin’s market capitalization to half that of gold, which currently stands at $15.7 trillion. Therefore, this half implies that Bitcoin’s market capitalization would increase to $7.85 trillion.
Therefore, Bitcoin’s market capitalization needs to increase 5.7 times to reach this milestone. If this happens, the market capitalization of major cryptocurrencies could also increase.
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5 coins whose market capitalization could increase 5 times
Bitcoin is the most famous cryptocurrency today and has set the trend for other cryptocurrencies in the market that have imitated its price action in the past. Below are the top 5 cryptocurrencies that may follow the same trend in the coming months.
- Angry Pepper Fork (APORK): Angry Pepe Fork (APORK): This is a memecoin built on the Solana blockchain that allows its holders to earn free tokens by defeating Zombie memecoins.
- Notcoin (NOT): This is the native currency for a clicker-type telegram-based game that was released in the year 2023, at the end of the third quarter. This cryptocurrency is also among the 50 largest on the market at the moment.
- Injective (INJ): This is an artificial intelligence token that was able to attract the eyes of the market through the price surge and combustion mechanism.
- Kaspa (KAS): This is a fast POW coin and the only one famous for implementing what is known as GHOSTDAG to facilitate faster processing of transactions.
- Bonk (BONK) was once the largest memecoin on the Solana blockchain and started the meme coin frenzy in the meme coin market.
The best Altcoins to buy for the next bull run
Based on the bull market outlook, below are the best altcoins that investors can buy for greater than 5x returns;
1. Angry Pepper Fork (APORK)
The newest meme coin project that will lead the Solana market to greater gains is Angry Pepe Fork (APORK). Angry Pepe Fork has started a presale for its native token, APORK, which is currently priced at $0.014 per token. Analysts have predicted that in the coming weeks there will be a 200% price increase and a 100-fold increase after its launch and listing on major centralized stock exchanges.
Analysts are convinced that APORK is the best coin to mirror Bitcoin’s price movement due to the unique use case it introduces. Another reason is that APORK has enough room to grow its market capitalization compared to top altcoins, whose market capitalization has already exceeded $1 billion.
To achieve this, Angry Pepe Fork is forming a community of rebels who have taken the entire meme coin space by surprise. Their goal is mainly to crush the zombie meme coins that pose a problem to the market. The cool part about this is that community members can earn free APORK tokens while crushing zombies.
Angry Pepe Fork also has a staking feature that its users can take advantage of. APORK holders can stake their tokens for 30, 60 or 90 days. The good part is that pre-sale investors can start benefiting from the Angry Pepe Fork staking option right from the pre-sale phase without having to wait for the project launch.
Visit the Angry Pepe Fork presale
2. Notcoin (NOT)
Notcoin (NOT) has evolved from a “tap token” to one of the largest cryptocurrencies on the market. The altcoin price recently saw a 400% price increase, which brought it to a new all-time high of $0.02896, outperforming Bitcoin and Ethereum.
Less than a month after listing, Notcoin has grown to become a top 50 cryptocurrency with a market capitalization of over $2 billion. Analysts have predicted bigger increases in the coming months and think there will be even more in the future. They predicted a market capitalization of over $5 billion and a price of $0.04536.
3. Injective (INJ)
Injective is an AI-powered token known as Injective, and the token’s market capitalization could increase fivefold this year. At the moment, its market capitalization hovers between $2 billion. Although the upward price trend observed in the latter part of the previous year for injective has faded, experts expect another price hike for AI-based coins in the next couple of months.
Furthermore, there has been a sharp increase in AI-based projects in recent months. The price is expected to reach $45 in the next few months and a market capitalization of $5 billion or more by the end of the year.
4. Kaspa (KAS)
Kaspa (KAS), the proof-of-work cryptocurrency that uses the GHOSTDAG protocol, is one of the altcoins that could benefit from Bitcoin’s surge in market capitalization. It is currently trending upwards and has been able to achieve double-digit gains on the weekly, bi-weekly and monthly charts.
On a yearly basis the price of Kaspa has increased by around 900%. While the current market capitalization stands at over $4 billion, it is estimated that within the next few months it will likely rise to $20 billion.
5. Bon (Bonk)
Bonk is another memecoin that was once Solana’s largest; now it is slowly recovering from the bear market. Bonk has skyrocketed by over 7000% in the last year and is among the best meme coins you should invest in at the moment.
Experts are quite confident about the Bonk memecoin and the future that this token will have in the coming months. Its market capitalization is currently above the $2 billion mark. A 5x increase would see this value increase to over $10 billion.
Conclusion
Since the US SEC approved Bitcoin ETFs, several price predictions about the future of Bitcoin have emerged. Some analysts have set their level at $80,000, while the more aggressive ones have set it at $150,000.
Whether the first event or the second occurs, it is clear that the price of the coins would increase, and so would the market capitalization. From the article it is hypothesized that the market capitalization of the altcoins mentioned above, namely Angry Pepe Fork, Notcoin, Injective, Kaspa and Bonk, can emulate that of Bitcoin.
Buy Angry Pepe Fork before its price skyrockets
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