As the digital currency market continues to prosper, Bitcoin, as a leader among them, has always attracted much attention. Recently, veteran cryptocurrency trader Peter Brandt made a striking prediction: If Bitcoin can maintain its current bull market trend and follow the market performance after past halving cycles, then by September 2025, the price of Bitcoin could potentially reach $130,000 or even higher.
Brandt's analysis is based on Bitcoin's historical halving events and their impact on market cycles. Halving is a mechanism built into Bitcoin that occurs approximately every four years and is designed to control the supply of Bitcoin and thus maintain its value. During a halving event, the mining reward is reduced by half, which has far-reaching consequences for miners and the entire Bitcoin ecosystem.
Past Bitcoin bull markets have often started in the period before halving and peaked in the period after. This cyclical pattern has been particularly evident in the past few bull markets. For example, after the two halving events in 2016 and 2012, Bitcoin experienced a significant period of rise, with the price reaching all-time highs.
3 Cryptocurrencies with 100x Potential
JTO
Jito stands out with its innovative JitoSOL liquidity staking pool and MEV products in the Solana ecosystem. Users can redeem their SOL for JitoSOL, thereby earning returns while maintaining liquidity and participating in DeFi opportunities. In addition, JitoSOL also provides additional transaction income rewards related to MEV withdrawals on Solana
MEV (Maximum Extractable Value) refers to the profit gained from a specific sequence of transaction executions. The Jito Foundation optimizes this process by minimizing the negative impact of MEV, achieving fair distribution of profits, and increasing transparency. Jito's open source validator client enables competitive MEV extraction through block-by-block auctions
Jito ensures security through strong protocols and continuous monitoring, and promptly resolves vulnerabilities. The platform's innovative MEV approach and active community governance further enhance security and transparency. Jito's security framework ensures that the platform is secure and responsive.
If you want to know more about the relevant knowledge of the cryptocurrency circle and the latest cutting-edge information, please click on the avatar to follow me. I have been professionally researching and investing for twelve years. I am your 24-hour wealth appreciation expert. Free guidance page introduction
BONK
Bonk is considered the first dog-themed cryptocurrency in the Solana ecosystem. The token sparked an excellent rally after its launch. The rally has allowed the meme token to achieve an amazing first quarter. Although its price is currently only $0.0065, its unique positioning has analysts predicting that it may reach the $1 mark by the end of 2024.
The growing popularity of meme tokens has driven their value. Additionally, Bonk uses the Solana blockchain, which is known for its scalability and speed. As a result, it appeals to investors looking for a faster and more affordable alternative to Ethereum’s meme tokens.
The coin is trading at $0.00003235, indicating a 67.52% price increase in 30 days. Bonk is expected to appreciate by 225.77% this week to $0.000112. Despite the high bearish sentiment, the Fear & Greed Index shows a reading of 72 (Greed). Bonk has recorded 15/30 (50%) green days in the past 30 days, with a price volatility of 19.00%.
BNB
Investor sentiment towards BNB is bullish. This market sentiment is supported by fear and greed sentiment which leans towards extreme greed. The token is priced at $608, indicating a 0.29% increase in price over the past 24 hours. Its 14-day relative strength index shows a neutral position and may go sideways.
BNB is trading above its 200-day simple moving average at $430.54, indicating a volatility of 40%. The token is performing well relative to its ICO. Moreover, the team has integrated the project with multiple third-party applications and wallets to strengthen its use cases.
BNB was originally launched on the Ethereum network but has since migrated to the Binance Chain. The utility token supports payments on the Binance exchange and provides a variety of platform services. It allows users to purchase new tokens by participating in token sales through the Binance Launchpad.
At the same time, users can access new blockchain projects listed on Binance. The token is also supported by multiple third-party applications and wallets. This unique utility provides users with multiple ways to store and use tokens.
