Forecast Predicts Altcoins Exceeding Bitcoin Values in Q4; Bitcoin's Hyper Valuation Is Imminent at $15 Million Mark
In the ever-evolving world of cryptocurrencies, several projects are making waves, and two of them, Bitcoin Hyper and Snorter Token, are particularly noteworthy.
Bitcoin Hyper is a trending new crypto infrastructure project that aims to make Bitcoin functional in a more efficient and cost-effective manner. The project is developing a layer-2 solution for Bitcoin using Solana's Virtual Machine, which adds programmability and speed to the network at nearly zero cost. A recent update confirmed the development of prototypes validating SVM execution inside the rollup for Bitcoin Hyper.
The presale for Bitcoin Hyper is about to break the $15M mark, and it offers an attractive passive income of 75% APY. For those interested in joining the presale, a detailed guide is available. With Bitcoin Hyper offering a novel Layer-2 solution, it's expected that altcoins like Bitcoin Hyper could gain a high market share in Q4. This is due to speculative investors betting on a potential Bitcoin bull market and significant price gains, despite early-stage risks.
Snorter Token, on the other hand, powers a multichain Telegram-based trading bot that executes quick and secure swaps at low fees. The token has completed successful smart contract audits by Coinsult and SolidProof, adding a layer of trust to the project. Snorter Token is currently selling for $0.1039, and it offers a juicy 120% APY in the current presale phase.
Snorter Bot, the trading bot associated with Snorter Token, offers honeypot detection and rugpull protection, with 85% detection success in closed beta. September is historically a weak month for the crypto market, but recent years have shown a correction phase in August followed by renewed energy in September. This could be good news for Snorter Token and other altcoins.
The crypto market is also seeing a rise in Solana's popularity. Solana has already pumped 20% on the month-on-month chart, suggesting that the Solana rally may just be beginning. This is further supported by the debut of Solana Strategies, a Solana-focused public company, on Nasdaq.
Moreover, Solana's price predictions are strengthened by the recent rollout of Solana staking in Europe by Gemini and the bringing of SEC-registered shares to Solana through Superstate's Opening Bell platform by Galaxy Digital.
In the broader crypto landscape, altcoins in DeFi, DePIN, and the ETH ecosystems are likely to outperform Bitcoin in the coming months. This is driven by increased trading volume and capital rotation from Bitcoin to altcoins perceived as having higher growth potential, especially those with strong fundamentals or hype, even if their supply is worth several billion dollars.
However, it's worth noting that Crypto Token Unlocks are scheduled in September, but their impact is expected to be negated by bullish catalysts. Additionally, coins without token unlocks are likely to outperform coins with unlocks when building a strategy.
Michael Van De Poppe, a well-known crypto analyst, predicts altcoins to outperform Bitcoin in Q4. With these predictions and the exciting developments in the crypto world, it's an exciting time to keep an eye on the market.
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