Why Bitcoin price won’t pump 5x anytime soon, but these coins will
It has been a bear market for most of 2022, with Bitcoin struggling to hold the 20k mark. Experts believe that Bitcoin’s price will rise again with another bull run, but all indicators show that it will not happen anytime soon.
However, Dash2Trade (D2T), Calvaria (RIA) and Impact Project (IMPT) have shown tremendous potential and are poised to pump 5x their current value or more in the final weeks of the year. Here’s why.
Macroeconomic events affect BTC
Bitcoin had a volatile first half of the year, but experts believe that the coin will eventually hit $100,000 in 2023. However, demand for digital currency has fallen drastically as macroeconomic events affect its ability to add value.
Market sentiment has been hit from the Fed’s rate hike to inflation and various crypto reforms and regulations. As a result, Bitcoin has moved from the 2021 $69k all-time high (ATH) to just over $20k at press time.
Bitcoin’s price has been trading sideways below the $19,000 price point for the past month and is struggling to stay above $20,000 for some time. But it bounced back to $20,000 on Tuesday afternoon and has held steady.
Despite low prices, Bitcoin’s price has managed to stay largely the same over the past month. While price stability is significant when other assets are plunging, the current price movement indicates that we will not see a sudden massive pump in the value of BTC.
DeFi projects continue to grow in the crypto winter
The crypto winter (or bear market) has affected the price of Bitcoin and other major cryptocurrencies, such as Ethereum. But decentralized finance (DeFi) projects have continued to gather support and attract investors.
Unlike Bitcoin, new DeFi coins such as D2T, $RIA and IMPT are now on their way to rewarding early investors with high returns. These three projects have raised millions of dollars during pre-sales and have shown that crypto investments are viable even at this time.
Dash 2 Trade (D2T)
Dash 2 Trading is a trading signal and social trading platform that crypto traders can leverage to make well-informed trading decisions.
The D2T token is currently on presale where it raised more than $500,000 in 2 days. At press time, the coin is in presale stage 3 and has raised over $4 million.
A D2T token is currently worth $0.05, but like other coins, the value of D2T will increase after it is listed on exchanges. Popular exchanges tend to have an impact on the price of an asset. So if D2T lists on a high-profile exchange like Binance, Coinbase or MEXC, it could pump to $0.15 or higher.
That means early investors, who spend less to buy the coin during the presale, will position themselves for long-term rewards.
Buy D2T on pre-sale now
Impact Project (IMPT)
The Impact project aims to streamline the carbon credit industry and use blockchain technology to solve climate and environmental issues.
The IMPT The utility token is also in its second presale phase, where it has sold a total of 654,833,719 IMPT tokens worth $12,061,175.56.
Utility is what drives cryptocurrency projects, and experts believe that IMPT’s value will increase because the Impact project is going to have a positive effect on our environment. It will also use blockchain technology to eliminate double counting and industrial fraud, from which all companies will benefit.
The media hype surrounding IMPT is also organic, which will drive value over the coming months.
Buy IMPT on pre-sale now
Calvaria ($RIA)
Calvaria is an upcoming P2E game that allows players to purchase trading cards representing different characters to battle for rewards in a virtual game world.
$RIA tool token driver Calvary universe. Like other projects mentioned above, $RIA is on presale. The second pre-sale phase was recently concluded, and the third and final pre-sale phase is 92% complete. During the presale, Calvaria sold 84,876,596 $RIA tokens worth $1,247,531.
Investors have been bullish on the coin since the pre-sale started, which will drive its value. At the same time, Calvaria will reduce the barrier to entry, which is a significant problem in the DeFi gaming space. The game requires low investment and has a free version for pure players.
These features will help it attract more players and investors when it goes public in the coming weeks and we will see its price go up.
Buy RIA on pre-sale now
Buy D2T on pre-sale now
