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In recent weeks, the price of Bitcoin has once again surged significantly. One explanation for this is the emergence of Bitcoin ETFs, which allow large companies and organizations to engage in regulated Bitcoin investments. The growth rate of Bitcoin's value is also faster than that of most other altcoins. In the upcoming bull market, which cryptocurrencies could surpass Bitcoin? Let's take a closer look at the top 3 cryptocurrencies.
How have Bitcoin exchange rates and the values of other cryptocurrencies changed in recent weeks?
With the progress and approval of Bitcoin ETFs, the price of Bitcoin has surged significantly. Initially, there were losses seen as the price of Bitcoin dropped from around $45,000 to $40,000. However, over the past two weeks, the price of Bitcoin has continued to climb and has now surpassed the $51,000 level.
The prices of altcoins have also soared. Their growth rate is faster than that of Bitcoin, especially after the approval of ETFs. However, in recent weeks, only a few cryptocurrencies have surged as significantly as Bitcoin. Overall, Bitcoin's recent gains have exceeded those of most other cryptocurrencies.
Which three best cryptocurrencies could surpass Bitcoin in the bull market?
In the next two years, we may witness significant returns in the cryptocurrency industry. Here are the top 3 cryptocurrencies that could surpass Bitcoin in the coming months.
1. Solana (SOL)
Solana is now considered the cryptocurrency of the moment. Its courses erupted in the fourth quarter of 2023 and the first weeks of 2024, growing more than Bitcoin. In the coming months, Solana will be the most promising cryptocurrency of all. Due to the excellent scalability of the Solana blockchain, the Solana ecosystem is rapidly expanding.
2. Dogecoin (DOGE)
On the other hand, Dogecoin has suffered catastrophic losses in recent weeks and months. Compared to the price of Bitcoin, the price of DOGE plummeted last year. However, this may indicate that Dogecoin is now undervalued. As a meme coin, DOGE has the potential to soar during the cryptocurrency bull market. With more new investors entering the market, Dogecoin could surpass Bitcoin.
3. Kaspa (KAS)
Kaspa is one of the most promising cryptocurrencies. Like Bitcoin, Kaspa adopts the proof-of-work consensus process through the revolutionary GHOSTDAG protocol. Its price has surged significantly in recent weeks, and more attention in the bull market could lead to much higher price increases in the coming months compared to the price of Bitcoin.
Using Bitget to purchase cryptocurrencies at the cheapest fees
Bitget stands out as a reliable cryptocurrency exchange. It offers a user-friendly interface that allows both beginners and experienced traders to navigate easily and trade at the lowest fees in the market. To start using Bitget, you need to create an account, complete the necessary KYC procedures, and then you can start trading a variety of altcoins offered on the platform. |
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Post time 25-2-2024 20:40:07