$BTC
Bitcoin has been around for over a decade and its growth has been incredible As of December 1 2024 Bitcoins market cap stands at around $1.93 trillion with a price near $96,000 per coin These numbers show Bitcoins dominance in the cryptocurrency market Some people are still calling for Bitcoin to hit $1 million per coin but let's be realistic here For BTC to reach that price its market cap would exceed $21 trillion which isn't feasible given current market conditions and adoption rates
Bitcoin remains the leading cryptocurrency due to its security network effect and store of value characteristics However its scalability transaction speed and energy consumption are areas where it faces challenges compared to newer blockchains like Ethereum Solana and others These blockchains offer faster transactions and better scalability which are crucial for mass adoption and real world use cases
If you're holding Bitcoin its still a solid investment but the best returns might come from diversifying into altcoins that offer more advanced technology and solutions for the future Stick with Bitcoin for the long term hedge but don't overlook the potential of $ETH $SOL and others