As we are about to enter July, market sentiment has undergone a major change, and the price of Bitcoin has climbed again to about $62,000. We still firmly believe that $70,000 Bitcoin is not the end of this bull market in the future.
Although history will not repeat itself completely, it often has similar rhythms. Next, one of the main expectations of the market is: first, the approval of the Ethereum ETF, and second, the Fed's interest rate cut. I think these two things are very happy to happen, it's just a matter of time. Given that every pullback is still a good opportunity to add positions in batches.
Ready to Explode: These 3 Popular Altcoins Could Soar 100 Times in a Bull Market!
WLD
The WLD cryptocurrency has the potential to reach $1 million for several reasons:
Total supply limit: The total supply of WLD is 143 million, of which 43 million are allocated to users who have been verified on the World App, and 1 is allocated to market makers outside the United States to facilitate transactions. This means that the circulation of WLD is relatively small, which helps to push up its price.
Strong team support: WLD was co-founded by OpenAI founders Sam Altman, Alex Blania, and Max Novendstern. They are all European technology experts and entrepreneurs with successful entrepreneurial records, which has contributed to the development and promotion of WLD.
Unique value proposition: WLD aims to provide a unique digital identity for everyone in the world. This identity can be used for a variety of purposes such as accessing financial services, obtaining social benefits, and participating in online communities. This gives WLD a wide range of potential application scenarios, which has the potential to significantly increase its demand.
Of course, WLD also faces some challenges, such as challenges in the cryptocurrency market and regulatory authorities. However, if WLD can overcome these challenges, it has the potential to reach or even exceed a price of $1 million per coin.
FLOKI
Inspired by the meme coin phenomenon led by Dogecoin, Floki Inu has quickly risen to become a key player in the cryptocurrency market, with the potential to deliver a staggering 1,000% return by the end of 2024. Named after Elon Musk’s beloved Shiba Inu, Floki Inu is authentic through its strong community and aggressive marketing strategy. While Floki Inu has its roots in meme culture, it has taken it to the next level by creating practical applications such as the NFT marketplace and the Metaverse, giving it real value in its tokens. With an appealing brand and an active social media presence, Floki Inu has attracted a loyal following hungry for high returns.
Despite initial skepticism, Floki Inu has demonstrated resilience and rapid growth, thanks to a passionate community and dedicated development team. Currently priced at $0.00017533, down 10.07% in the past 24 hours, Floki Inu has a market value of $1.61 billion. Year-to-date, Floki Inu has grown 658.18%, a strong performance and promising prospects, making it a confident investment for investors seeking to earn a solid return in the near future.
BABY
Many people believe that it is impossible for PEPE coins to rise to $1 because the number of tokens circulating in the market is too large - a total of 4.2 million. If PEPE coins rise to $1, its market value will reach $420 trillion, which sounds difficult.
However, looking back at 2009, the price of Bitcoin was only a few cents. 15 years later, the price of Bitcoin is as high as $73,000 per coin. Time is the biggest factor driving the price increase.
PEPE coin has a reduction mechanism that can increase the price by consuming tokens. Each transaction will burn a lot of tokens, thereby reducing the total amount. Although the function has not yet been launched, once implemented, the number of consumed tokens will remain unchanged.
PEPE coins are very popular in the cryptocurrency circle, with large price fluctuations, and can bring considerable returns within a year. Although many people do not understand the deflation mechanism
