On Sunday evening, Bitcoin broke the $40k barrier for the first time since 2022. November has traditionally been the strongest month for the market’s biggest project but its good form is continuing into December. As we know, a run on Bitcoin is normally good news for the rest of the market too.
So, as we are closing in on the new year, it looks like we are fitting in one last bull run to cap off a great year overall for the market. We decided to compile a list of the 5 best altcoins whales are loading on for the upcoming bull run. Here they are:
Let’s analyze why these altcoins have the potential to pump in 2023 and beyond.
Bitcoin ETF Token- Potential for 100x gains when more positive Bitcoin ETF news drops
The Bitcoin ETF Token (BTCETF) presale has now raised over $3 million despite only being a matter of weeks old. This is no surprise to us, however, as the project has tied itself to what could be the most positive development in the crypto world in 2023. That is the development of various Bitcoin ETFs from some of the largest asset managers on Wall Street.
This all started this summer when BlackRock, the world’s largest asset management company, filed for a spot Bitcoin ETF with the SEC. This news, which many in the crypto world had been waiting on for years, had a hugely positive effect on the whole market. Since then, other positive updates have caused Bitcoin and other altcoins to pump. Bitcoin ETF Token has been set up to be a huge benefactor of more positive updates.
This leaves the coin in a position to pump by 100x minimum, but they have made some other savvy ecosystem moves, too. Staking will add utility to the token, and investors can earn a decent passive income thanks to a generous APY. A 5% burn tax will be applied to every transaction, and eventually, 25% of the total allocation of BTCETF will be burnt. This creates scarcity and more value, all around a very clever project.
Bitcoin Minetrix- A project that could change the Bitcoin mining landscape is a no-brainer selection
Very few projects have ever come along that can actually have a huge effect on the overall crypto landscape. Bitcoin Minetrix (BTCMTX) might just be one of those few. The presale certainly would indicate this as it has raised over $4.8 million and is showing no signs of slowing down. The project aims to solve a crucial problem that the Bitcoin mining industry faces. But what is that problem?
Ironically it seems from Bitcoin’s popularity. Due to its increased value, mining Bitcoin has now become an activity that has been taken over by the elite. It is done on an industrial level scale in massive data centers that cost exorbitant amounts of money to run. In this sense, Bitcoin has moved away from its original decentralized ethos.
Bitcoin Minetrix, through a combination of staking and cloud mining, will allow everyday crypto enthusiasts to mine Bitcoin once again. Staking works the same as any other project, except you can also exchange your tokens for mining credits. These secondary tokens are then burnt in exchange for mining time or a share of the yields. It is a cheaper and greener way to mine, so even if you don’t wish to partake, the project will still provide a lot of opportunities for gains.
Meme Kombat- The P2E game everyone should be buying before the upcoming bull run
P2E games have taken a back seat to meme coins in 2023. So Meme Kombat ($MK) has taken the very clever step of combining the two. It seems to be having the desired effect as already the presale has raised over $2.4 million. A lot of this likely has to do with how entertaining the game promises to be.
First of all, the game is inspired by one of the greatest combat game franchises of all time: Mortal Kombat. This game is a classic with a twist. The characters you will be battling with are the biggest memes of the last 10 years. AI technology is a big foundational block for the game and it provides an excellent user experience with state-of-the-art graphics.
We mentioned entertainment above, our favorite aspect of the game is you can actually wager and win big on the battles. In lots of different ways too! Bet against the computer, against some friends or other players, and if that wasn’t enough, you can side bet too. Side betting is if you are feeling adventurous and want to bet on fight events like the first move. We think no one will get bored playing this game.
TG.Casino- A crypto casino set to profit thanks to a key partnership in the upcoming bull run
TG.Casino ($TGC) has been garnering a lot of attention lately as we draw closer to the end of its presale. With just over $1.5 million to raise before listings begin, potential investors will need to act fast, as we think this crypto casino could be a huge success.
We mentioned a key partnership above, this is because of TG.Casino is going to be a Telegram casino. The project will be hosted on one of the biggest messaging apps in the world. This gives them a huge potential customer base, along with all the positives that come with the Telegram app. A crypto casino being associated with a messaging app best known for its security and privacy features is a very good look.
The casino is also committed to its future customer base. An ambitious plan will involve the project purchasing open market $TGC every day. As you can see in the photo below, this will benefit the investors a lot. 40% will be burnt that increases scarcity and, as a result, its value. While 60% will be used to sustain the ecosystem. This will be good news for stakers and casino players as it will contribute to their awards and bonuses.
Tera Classic- One of the best-performing tokens currently on the market
As we can see from the below chart Tera Classic (LUNC) is up over 138% in the last 7 days. At the time of writing, it is up over 30% today alone, making it the best-performing crypto top 100 coin on CoinMarketCap. However, as is the case when crypto has big gains like this, we have to wonder if we have missed the boat for investment.
While data does show that it has entered ‘overbought territory,’ it has been like this for quite some time now, so can likely be ignored. Perhaps most positive of all is its 24-hour market cap hitting $1.25 billion. Having been nowhere near this for quite some time, it should encourage investors that LUNC may continue to pump.
Conclusion
That concludes our list of 5 coins crypto whales are loading up on for the upcoming bull run. Our first 4 presale selections, in particular, represent the best investment opportunities. All have the properties necessary to draw in the whales while also being available at low prices.
