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Crypto analysts have confirmed the beginning of a new bull season. Investors have already stockpiling coins in search of the best-performing asset. Solana, Toncoin, and Bitcoin Spark have already recorded price increases, but how high can they reach in the bull market?
Visit the Bitcoin Spark ICO For A Second Chance At Joining Bitcoin Early
Solana is Back, How High Can SOL Go in the Bull Marker?
Solana struggled in 2022 as network issues and links to the collapsed FTX exchange increased FUD. Patrick Felder, founder of Prismatic Capital, stated that the Solana coin was the most oversold asset in the crypto space. However, 2023 has been the redemption arc for the Ethereum competitor.
The 30 MA of SOL has surged to its 200MA, hinting at greater buying pressure. A rise in the Solana coin trading volume has confirmed that. The Solana price prediction from Raoul Pal, a former Goldman Sachs executive, hints at a price level between $500 and $1,000 in the next bull market.
Year-to-date, the price of Solana has increased by more than 335%. This bullish price movement has sent the price of SOL above $44 in November. With the crypto market looking to extend its gains via this bull market, how high can the Solana price trade?
Toncoin Has Resumed Uptrend, Analyst Shares Potential Price Target
The price of Toncoin outperformed the crypto market in September after a partnership with Telegraph was forged. However, as the hype faded, the Toncoin price dropped to $2.05 in October. Along with the crypto market, TON has resumed its uptrend.
On the monthly chart, the price of Toncoin has increased by 30%. The market cap of TON surpassed the $9 billion mark with the recent surge. This rally happened after the Dubai Financial Services Authority approved the use of TON in the regulator’s region. It has been interpreted as a bullish sign for Toncoin.
Santiment reported that the price-daily active addresses (DAA) divergence of the Toncoin network increased to 334%. With this, analysts have predicted a continuation of the bullish price movement. Their Toncoin price prediction of CoinCodex suggests that the altcoin will hit $9.67 as the bull market matures in 2025.
Bitcoin Spark ICO Spark Frenzy Ahead of Halving and Spot ETF Launch
The recent surge of Bitcoin has been linked to the wave of excitement surrounding the potential approval of a spot ETF and 2024’s halving event. Bitcoin Spark, a new Bitcoin fork, has been projected to capitalize on this favorable landscape and emerge as one of the best-performing crypto assets.
This new project blends a host of new technologies and blockchain features to bring a new era for Bitcoin. Bitcoin Spark blockchain was built to offer high scalability, a low block time, high transaction capabilities, and operate a large number of nodes.
Bitcoin Spark was built to allow developers to seamlessly integrate layers to enhance its scalability. As a result, network users can expect fast and cost-efficient transactions. Also, it has integrated smart contract functionality, making it a significant upgrade from the original Bitcoin network.
Because of the favorable landscape upon arrival, analysts have projected a price of $45 for Bitcoin Spark (BTCS) before the end of 2024. However, investors still have a great opportunity to join the project, BTCS only trades at $3.50 in its ninth crypto presale stage.
Find out more about the Bitcoin Spark ICO below:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
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