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2024 can be one of the best years on record for cryptocurrency markets. With the next Bitcoin halving event around the corner and numerous other positive developments, most experts expect the bull run to take off in May/June and last until the end of 2025.
While most established cryptos are expected to make some gains moving forward, only a few have the potential to explode by 50 times or higher. Let’s look closer at the three tokens that can help you multiply your investments, including the Smog Token, Bitcoin Minetrix, and 5th Scape.
The Next Crypto Bull Run Triggers in 2024
The crypto markets are setting up for a major bull run due to numerous events that will undoubtedly result in a bullish trend for crypto assets. Here are some catalysts expected to bring billions of dollars to crypto assets.
1. Bitcoin Halving Event
The Bitcoin halving event occurs every four years, reducing the rewards for BTC miners by 50%. The next event will decrease BTC rewards from 6.25 to 3.125 BTC, increasing scarcity and value. Historically, BTC halving events were always followed by a bull run, and the same is likely to happen after April 2024. The gains are expected to push the token’s value over $100,000 by the end of the year, and the event is likely to spill over to the entire market.
2. Ethereum Dancun Upgrade
The so-called Ethereum Dancun upgrade will also take place this year, marking the end of the 2.0 ETH upgrade. Its goal is to increase smart contracts’ scalability, security, and efficiency while reducing fees. By increasing Ethereum’s throughput, the platform can process many more transactions, likely resulting in an increase in ETH-based applications and users.
3. Web3, cross-chain interoperability, and DeFI upgrades
As blockchain adoption increases, the technology will get significant upgrades to simplify its features and make it available for new projects. The goal is to give users more control over technologies, enabling expansion to new sectors. The number of DeFi, GameFi, and NFT projects will likely increase, resulting in higher returns and interoperability with traditional financial industries and services.
Cryptos to Explode By 100x, Resulting in Massive Gains for Investors
Of course, the above events are just some of the latest developments that will significantly influence crypto markets. They will likely result in a massive influx of capital for hundreds of established cryptos, but the highest gains are expected for platforms yet to go live later this year. So, let’s look at the top three investment options with the best chances of exploding, resulting in 100x gains or higher.
1. Smog Token – The Next Big Solana-Based Meme Coin
The Smog Token, or $SMOG, is the newest Solana-based meme coin in the spotlight that is quickly becoming one of the most popular memes on the market. It is inspired by the famous Smog dragon from the Lord of the Rings novel, and it is the meme that wants to rule them all.
The platform promises the Greatest Airdrop in History and has a high chance of becoming the biggest meme coin gainer of 2024. $SMOG tokens launched on the Jupiter exchange, but you can also get them at the official website. If you invest today, you can stake your coins for a 42% APY (but only if you buy them with Ethereum). The Solana-based token has a total of 1.4B coins, and you can earn a profit by holding on to your $SMOG tokens on Jupiter or by staking them on ETH, which uses Portalbridge to reach a wider audience.
It is a meme coin you want to take advantage of, and the sooner you invest, the more chances you’ll get to earn high rewards by the end of the year. The meme coin craze is growing, so take advantage of your best chance to make the highest returns in late 2024.
2. Bitcoin Minetrix – Cloud-Based Bitcoin Mining Platform Showing Massive Potential
Bitcoin Minetrix is a unique crypto platform designed to allow you to mine BTC using a cloud. It has been designed to make mining BTC more accessible to the average user, and it solves issues such as massive hardware and electricity costs in one sweep. The native BTC MTX token powers the platform and uses the Stake-to-Mine reward mechanism, allowing users to earn nonfungible mining credits to rent remote BTC mining equipment.
The platform offers a safe and simple environment where users can manage and withdraw the tokens they earn using a smartphone app. You don’t need any technical knowledge to get started. Instead, buy and stake BTC MTX tokens, and you’ll get the most out of the next BTC halving event. The official BTC MTX presale event raised over $10.7 million, so hurry up and join the Bitcoin Minetrix community to get the highest returns down the road.
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3. 5Th Scape – The New Crypto Platform That Combines AR/VR with Blockchain Technologies
5th Scape is another unique crypto platform that combines blockchain technologies with the best VR/AR experience. It offers an extensive virtual reality gaming system, allowing players to enjoy various VR games, movies, educational content, and other experiences.
The platform offers the most immersive VR ecosystem ever created, providing users with countless hours of virtual reality experiences on a never-before-seen level. The ecosystem is powered by the native $5SCAPE token that offers users access to essential free VR experiences. Once it goes live, the platform will add new games and VR worlds every month, including sports, virtual classrooms, and much more. VR is the way of the future, so invest in the 5th Scape today and get high returns as the industry evolves in 2024 and beyond.
Final Words
Crypto markets are entering a new growth phase as the leading blockchains are getting significant upgrades in 2024. However, if you want the highest returns on your investments, your best options are the Smog Token, Bitcoin Minetrix, and 5th Scape, as all three platforms are expected to explode in the next few months. Invest today, and you will enjoy the highest returns in the future.
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
