The Bitcoin cryptocurrency is one of the most popular crypto assets in the world. Because the market has a low barrier to entry, even people who have never been interested in investing before can easily become crypto investors.
As a result, many Bitcoin price projections are out there aiming to answer one simple question: Will Bitcoin (BTC) rise again in the future?
Bitcoin (BTC) Looks Set to Reach $100k in 2024
Bitcoin was created in 2009 and was the first crypto project ever to exist. It is a decentralized digital token that uses blockchain technology to facilitate trustless peer-to-peer transactions. BTC has a proof-of-work consensus ecosystem, which means it has to rely on miners to secure its network.
Recently, Bitcoin has become one of the most popular crypto assets for investment: not only can it be highly profitable because of the high volatility of the crypto market, but it is also straightforward to invest in.
Bitcoin’s price history is known to every crypto expert. From being nearly worthless, this coin has grown to become one of the most significant assets ever. At its height, its market cap was even higher than that of many established businesses.
In the last few months, the price of BTC has not been that high — hovering around the 23K mark — and yet, the crypto has shown unprecedented growth.
Its circulating supply is growing; it is slowly but steadily getting close to the total supply. The closer the two numbers are, the more likely it will become for the BTC price to go up.
As for the crypto market cap, Bitcoin has the highest market cap in the world, at one point even becoming one of the most significant assets worldwide. Although this has decreased alongside Bitcoin’s current value, it is still incredibly high.
Additionally, many experts have noted that the next halving of BTC would have a more considerable impact as the last bull market was “sabotaged by covid/China/war.
Bitcoin has seen explosive growth at the beginning of 2023, and many experts have predicted that the trend will continue until the token reaches 100k in 2024.
On the surface, the crypto market is only ever-developing: more and more platforms are introducing crypto-related products and services with excellent real-life use cases.
One such new project is HedgeUp (HDUP), the world’s first crypto NFT alternative investment marketplace, which enables users to invest fractionally in alternative investment assets worldwide.
The NFTs will be backed by lucrative real-life alternative assets such as gold, wine, fine art, diamonds, luxury watches, yachts, and private jets.
Investors may purchase NFTs fractionally and fully. This will enable many users and investors to participate in the trillion-dollar market for high-end products with as low as $1.
There are many other benefits for users in the HedgeUP marketplace, such as exclusive access to equity NFT releases, bonuses, staking rewards, and online master classes.
Many experts have hinted that HedgeUp (HDUP) will be the future of the crypto trading industry, which is why the project has recently gained a lot of popularity.
The HedgeUp’s native token is expected to hit $5 by 2024. At its current price of only 0.013 USD, this is an excellent opportunity to purchase HedgeUp tokens now.
For more information on HedgeUP click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficial
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