Bitcoin (BTC)
It is difficult to make a list of cryptocurrencies with growth potential without including Bitcoin. The coin launched in 2009 by the unknown Satoshi Nakamoto unquestionably occupies the leading position. It practically marks the evolution of the entire market, and its movements are often replicated in other cryptos. BTC could be understood as the cryptocurrency with the greatest potential, given its reliability.
April has been the month of the Bitcoin halving, an event with a lot of potential for the currency. With a market capitalization estimated at around $1.3 trillion, it remains the absolute market leader.
This position tends to rise higher and higher as the scarcity of the currency grows. Of the 21 million BTC coins that the network must issue, 19,672,812 are already in circulation. Ultimately, Bitcoin is increasingly having an investment status for savings.
From a practical and technical point of view, Bitcoin works as a peer to peer cryptocurrency. The publication of a white paper on the functioning of this network, called blockchain, with the intention of allowing direct transactions between individuals, was the starting point of the Bitcoin adventure in October 2008.
Three months later, Bitcoin began recording its first transactions. The continuation of the story, between the enthusiasm of the markets, the disappointments and the accelerated momentum, we all know. Bitcoin was a forerunner and never lost its leading status.
As a trusted asset, BTC unsurprisingly fits into the selection of promising cryptocurrencies for 2024. Will it surpass the long-awaited $100,000 mark?