In the recent crypto crash, many great coins crashed and lost value. Bitcoin was one of the coins massively affected by this crash. From having a value above 20K to dropping down to the minimum, Bitcoin’s price drop news took the market by surprise.
This article discusses Bitcoin price prediction to predict whether BTC can pump to 20K again or not. In addition, we are also talking about excellent BTC alternatives such as D2T , TARO , IMPT and RIA , which have performed well and are expected to continue growing despite the recent market crash. Let’s get started!
Bitcoin short overview
Since its inception in 2009, Bitcoin (BTC) has been the most widely used and valuable form of digital money worldwide. Bitcoin is a decentralized digital currency built on the blockchain that is supported by a network of users who verify and log transactions independently of a central authority or intermediary.
The US dollar and other fiat currencies managed by governments and central banks are alternatives to bitcoin. An approach known as a proof-of-work consensus technique is used to validate transactions. Using powerful computers to solve difficult mathematical problems, bitcoin miners compete to validate transactions.
Bitcoin price prediction
As shown in the graph above, we can see that after a period of constantly staying at the average price, Bitcoin reached an incredibly impressive high price of $65,521.29 on November 14, 2021. However, a decline can also be seen, caused by the crypto market crash . Let’s see what the experts say.
The experts’ opinions
It is important to note that cryptocurrency experts predict that Bitcoin will lose value before the end of the year. For example, CoinMarketCap predicts that by the end of December 2022, Bitcoin will trade at an average price of $21,237.
Also, another significant decline is expected soon, according to Coinpedia, another significant decline is expected as prices continue to decline. Taking other market conditions into account, the value could drop to as little as $13,454.32 by the end of the month with a 10% price change.
The total supply owned by holders has reportedly increased to a new ATH of 13.62 million BTC, according to Glassnode. The price may reach $43,959.19 with a sustained increase in volume. However, the cost of the star cryptocurrency can drop as low as $23,218.00. Ideally, a trading activity balance could bring the cost down to $34,412.75.
The best alternatives to Bitcoin
While Bitcoin is going through a difficult phase, let’s discuss some other excellent alternative choices!
● Dash 2 Trade (D2T) – Unique trading tools and insights
● RobotEra (TARO) – Fantastic robot planet and shared multiverse
● IMPT – Most sustainable crypto
● Calvaria (RIA) – the ultimate mobile gaming experience
1. Dash 2 Trade (D2T)
A cryptocurrency ecosystem, Dash 2 Trade, was created to promote cryptocurrency trading. As a user of the website, you can develop and test trading strategies while keeping up to date with the latest news and chain data.
You can constantly stay on top of the market by using Dash 2 Trade. Market players often have an advantage over their competitors when they have access to timely and reliable data.
By providing you with targeted insight into variables (on-chain and technical) that are critical to making trading decisions, Dash 2 Trade can significantly improve your market performance.
The Dash 2 Trade platform is supported by the ERC-20 token D2T on the Ethereum network. You can get the crypto analysis, signals and social trading tools you need to dominate the market with this coin. So why are you still waiting? Buy today!
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2. RobotEra (TARO)
This platform is very similar to the well-known Sandbox cryptocurrency experiment. It also suggests that the universe will include a metaverse with a variety of objects. To power the world economy, the founders initially offer TARO, a native cryptocurrency token. Later they will offer bot characters and land packs for sale as NFTs.
There will be no need for coding expertise when constructing in the metaverse because you will have access to tools specifically made for the game.
Users who use the robot NFT as their in-game avatar can build things on their territory. These resources will include TARO mining, creating video games that can be played in these special environments, and designing virtual structures to enhance the landscape.
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3. IMPT
A new Ethereum-based platform called IMPT will offer a decentralized market for carbon credits and allow users to earn those credits by shopping at a variety of 25,000 affiliated businesses that support environmental causes.
The main goal is to provide transparency in the opaque and dishonest carbon compensation market that has existed until now.
You can shop through a network of “thousands” of retail businesses on the IMPT platform, all of whom donate a portion of their revenue to environmental initiatives and causes. As a result, you will be able to support green initiatives and projects by making simple online purchases through the Impact Project.
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4. Calvary (RIA)
A cryptocurrency initiative called Calvaria aims to be a frontrunner in the fight to close the divide between the “real world” and cryptocurrency. It focuses on accelerating cryptocurrency adoption through a game to earn battle card game.
By producing two versions of the game, the company wants to compete in the Web2 game industry. There will be one game available through app stores like Apple Store and Google Play.
The play-to-earn version, on the other hand, will accept all players without the restrictive entry restrictions that often intimidate non-crypto users and is supported by blockchain features.
The RIA token will also allow staking due to the decentralized autonomous organization (DAO) of the Calvaria ecosystem. Accordingly, holding the RIA alone will result in additional token revenue.
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Final thoughts
To conclude, even though Bitcoin is one of the most popular cryptocurrencies ever, it has taken a big hit recently and experts cannot say with 100% guarantee that it will reach 20K again.
Until then, don’t forget to invest in IMPT, the greenest crypto on the market, TARO & RIA, which are the best gaming cryptos out there, and D2T, a crypto that offers you trading insights and unique tools. These four coins, with their top performances and excellent price predictions, are at the top of our list.