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These 3 Cryptos Winning Most From Bitcoin ETF Approval
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Market Musing-g

These 3 Cryptos Winning Most From Bitcoin ETF Approval

CoinPedia News
By CoinPedia News
1 year ago
6 mins read
These 3 Cryptos Winning Most From Bitcoin ETF Approval

The crypto market is currently experiencing a significant shift, with the focus moving away from Bitcoin (BTC) towards altcoins. This change has been fueled by the recent approval of the Bitcoin ETF, urging investors to look beyond Bitcoin (BTC) for lucrative opportunities. 

The altcoin market is poised for a strong performance in 2024, diverging from the patterns seen in the 2020/2021 season when virtually all cryptocurrencies experienced explosive growth. This upcoming alt season is expected to be more selective, with only certain altcoins significantly benefiting.

The market is currently at a critical juncture, with the total market cap of cryptocurrencies excluding BTC and ETH indicating the onset of this new alt season. In view of this, we came up with a list of 3 most potentially promising projects to choose from.

Join us in showcasing the cryptocurrency revolution, one newsletter at a time. Subscribe now to get daily news and market updates right to your inbox, along with our millions of other subscribers (that’s right, millions love us!) — what are you waiting for?

ScapesMania: A Newcomer to the Crypto Scene

ScapesMania’s presale is close to the end, with the fundraising expected to finish in February. Right after that, the project will make its debut on exchange platforms – the launchpad for the token’s journey to the moon.

Fueled by expert post-listing marketing, ScapesMania doesn’t just stop there. The project offers exciting opportunities such as buyback, burn, and staking for holders. Early buyers also have the chance to receive up to +107% in bonuses.

What’s more, the token’s utility is built for longevity. It’s not another fleeting meme reliant on hype.

Don’t miss your chance – secure your tokens at a discounted price now. As the presale is racing to its close, you need to act swiftly!

Project Highlights

ScapesMania emerged as a one-of-a-kind gaming ecosystem that caters to two distinct audiences. It offers casual gamers an immersive experience while empowering crypto enthusiasts to enjoy the rewards of the project’s performance and actively shape its future.

For many crypto enthusiasts, ScapesMania has already become one of the top new projects for 2024 and beyond. The community’s excitement is evident as the project has successfully raised over $ 4,400,000+ to date solely from crowd/retail contributions, and this figure is growing by  $50,000+ daily.

Presale Opportunities

If you’re looking for more predictable growth, take a closer look at ScapesMania’s proposition. The presale offers buyers a chance to reap the early bird advantage by acquiring tokens at a whopping 25% discount.

Note that the discount won’t last forever – the clock is ticking and all interested in leveraging this offer need to act fast. Also, while it’s still somewhat breaking news, you have enough time to follow the crypto whales with checks of 20,000+ – they’ve recently made significant moves, acquiring a substantial amount of ScapesMania.

Growth Potential

A closer examination of ScapesMania’s tokenomics and other features provides insight into why it could be one of the best altcoins to hold now. The ecosystem operates within the flourishing $376 billion gaming industry which is only projected to grow, reaching $521.60 billion by 2027.

The innovative core idea, impressive presale figures, $100,000 giveaway, undying social media hype, and other positive aspects suggest that ScapesMania could continue its winning journey. 

Presale Countdown: Limited Time Left

The listing date is almost here, so don’t lag. Seize an opportunity to be a part of the ScapesMania launch and to potentially benefit from it.

Hurry to secure your tokens at a discounted price – time is of the essence!
If you’re already on board with everything that ScapesMania has to offer, there’s a unique opportunity for you: a special offered code, STZ788. The limited-time offer is only valid for a limited time since the article’s publication. It’s your best chance to get a bonus of 10% after entering STZ788 in a special field at checkout, so act fast, the clock is ticking.

Solana (SOL): Riding the Wave of Altcoin Season

Solana (SOL) is currently experiencing a notable upswing in the cryptocurrency market, aligning with the onset of an altcoin season. This period is characterized by a shift in capital from Bitcoin (BTC) to altcoins, with Solana (SOL) being a prominent beneficiary. The Altcoin Season Index has recently surpassed the critical threshold of 75 out of 100, indicating the official start of this season. Solana (SOL), known for its high throughput and low transaction costs, has seen a significant 6.7% price increase over the past week.

Solana (SOL) is trading at around $100, with a bullish pattern developing on its four-hour chart. This pattern suggests a potential breakthrough if a four-hour close is above $106. If Solana (SOL) breaks this resistance, it could pave the way for an upsurge towards the $150 zone. The future of Solana (SOL) appears promising, with the potential for substantial growth if the current bullish trend continues. 

Ethereum (ETH): Navigating Through ETF Speculation and Market Shifts

Ethereum (ETH) is gaining traction in the market, partly due to speculation around its potential approval for an exchange-traded fund (ETF) by the US regulator. This speculation is expected to lead to significant gains for Ethereum (ETH) in the near future. Ethereum’s market dominance is increasing, currently holding an 18% share compared to Bitcoin’s 49.8%.

Ethereum (ETH) is currently priced at $2,527, reflecting a 3-month growth of approximately 59%. This price increase is indicative of the growing interest in Ethereum (ETH) and its potential in the market.

Conclusion

The recent approval of the Bitcoin ETF has catalyzed a significant shift in the crypto market, with altcoins like Solana (SOL), Ethereum (ETH), and ScapesMania emerging as the primary beneficiaries. This shift represents a departure from the previous market trend where Bitcoin dominated, signalling a new era where altcoins are gaining prominence and offering potentially higher returns. ScapesMania, a newcomer, is attracting attention with its promising presale stage and unique gaming-related proposition and now might be your last chance to possibly maximize your benefits while the project is still in presale.
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