Many media outlets have reported that Bitcoin is heading towards its death – in fact, this has been predicted more than 400 times. In 2022 alone, many pundits and critics have predicted that Bitcoin would be dead many times as the crypto market entered a downward spiral.
Bitcoin is far from dead. In fact, many large institutions such as JP Morgan, Tesla, Meta and so on have large Bitcoin holdings. Bitcoin is a top store of value for many high volume traders. Nevertheless, Bitcoin has suffered greatly from cryptocrash since its peak in November 2021.
Many analysts believe that Bitcoin could fall further to around $10,000 before starting a lasting bull run. While this Bitcoin prediction may be true considering many negative factors and trends surrounding Bitcoin lately, Rocketize Token (JATO) and Binance Coin (BNB) may offer a worthy escape plan for those holding Bitcoin.
Why Binance Coin may be a better crypto than Bitcoin at the moment
Bitcoin is no longer a blue-chip cryptocurrency for beginners. Only advanced traders with a large crypto holding can afford Bitcoin even at its current value.
Binance Coin remains a “blue chip” cryptocurrency in terms of its unit value and its potential to rise to higher price units in the future. Binance Coin maintains strict deflation token protocols. It is reported to be the only cryptocurrency that is at least 90% deflationary.
This means that Binance Coin will continue to be burned to increase scarcity and place higher demands on the market.
Binance Coin is also backed by a robust and growing ecosystem that is set to overtake Ethereum one day. BNB Smart Chain and BNB Beacon Chain are among the scalable blockchains powering DeFi, courtesy of BNB Coin.
Apart from being a liquid cryptocurrency, anyone can stake their BNB holdings in a whitelisted staking wallet like Trust Wallet. Beginners will find Binance Coin (BNB) very resourceful in the long run.
Rocketize Token: The Second Potential Escape Pod For Crypto Traders
First, Rocketize Token is a meme cryptocurrency. Second, it runs on the BNB Smart Chain. Apart from these features, Rocketize Token is a cryptocurrency designed to scale in the future.
Rocketize Token will power a huge ecosystem and DeFi network, which is not common for a meme coin. Like the Shiba Inu, it is set to be the next Dogecoin or even better.
The Rocketize Token will be used to initiate transactions on the Rocketize project. NFT trading and creation will also be initiated with the Rocketize Token.
Rocketize Token will also aim to build a strong community around its project – from the token down to the upcoming innovations.
At the moment, Rocketize Token is still in its infancy and offers beginners the privilege to come alive in the crypto market. The pre-sale has been going on for a while now and could end anytime soon.
You can join this rapidly growing community by buying and holding its utility meme token, $JATO (Rocketize Token). There are benefits that can be shared among the early birds you join during the pre-sale.
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