Another bull run in 2024 could be underway, with Bitcoin (BTC) and Ethereum (ETH) expected to take the dominant share of the crypto market.
These two crypto platforms have created value for worldwide users, turning countless crypto users into millionaires. However, it is unlikely that new investors will incur massive profits in the short term if they buy BTC and ETH, the most expensive crypto tokens.
Thus, other crypto projects with lower entry barriers and higher potential to shoot to the moon – Cosmic Kittens (CKIT) and Bitcoin Cash (BCH) – may prove better purchases for those looking to profit from the next bull wave. Read on to discover two cryptocurrencies that may present profitable opportunities.
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Bitcoin Cash (BCH) is Building a Global Payments Gateway
Bitcoin Cash (BCH) is a fully open-source decentralized platform allowing users to make international financial transactions without wasting time standing in queues or filling out tedious bank forms.
Due to some differences concerning scalability and the proposed Bitcoin (BTC) SegWit upgrade of 2017, some holders voted for a hard fork away from the parent community, and Bitcoin Cash (BCH) was founded. Hence, Bitcoin Cash (BCH) launched using Bitcoin’s (BTC) source code and inherited its robust security.
Like Bitcoin (BTC), Bitcoin Cash (BCH) operates a Proof-of-Work consensus mechanism where miners solve complex puzzles to validate new blocks of transactions. However, unlike Bitcoin (BTC), which has a block size of 1MB, Bitcoin Cash (BCH) operates with a 32MB block size, allowing more transactions to be included in a validated block.
This upgrade ensures that more transactions are processed per second, increasing the network’s output while maintaining low user fees. Thus, Bitcoin Cash (BCH) satisfies the global demand for a functional payment system resistant to governmental censorship and regulation.
Cointelegraph reports increased activity on the Bitcoin Cash (BCH) blockchain after its recent halving event. During the BCH halving, the reward given to miners for successfully validating a block of transactions decreased from 6.25 BCH to 3.125 BCH.
Correspondingly, the BCH token’s price has fallen in the past few months, from $600 in March to a current value of $376.13. It has created massive speculation about the token’s future. AMBCrypto analysts forecast positive price movement, with Bitcoin Cash (BCH) possibly breaking past the $600 mark by Q4 2024.
However, this optimistic price prediction is still far from BCH’s all-time high of $4,355.62. Thus, the next bull run may only favor new BCH token holders or investors comfortable with less risky investments.
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Cosmic Kittens (CKIT) is Building the Future of Blockchain Gaming
In this new age where online gaming is a legitimate way of earning money, blockchain games are growing in popularity and reach. Investing in a crypto gaming token may be the key to unlocking massive wealth during the next bull run.
Fortune Business Insights reports outline that the global blockchain gaming industry was valued at $128 billion in 2022. Furthermore, experts project that the emerging market could grow from its 2023 valuation of $154 billion to $614 billion by 2030 at a compound annual growth rate of 68.3%.
The Cosmic Kittens (CKIT) project seeks to capitalize on this vital trend by offering players a serene, feline-inspired virtual environment where they can fulfill their wildest investment dreams. In the Cosmic Kittens (CKIT) play-to-earn adventure game, players can explore an intimate relationship with adorable pet NFTs. The game allows players to collect and breed unique kittens with high market value.
In the Cosmo Kittania Universe, players can gather in-game resources, which they may exchange on the game’s marketplace for CKIT tokens. This P2E earning model is a welcome upgrade from Web2 games like Pokemon and Digimon. Players can also stake their CKIT tokens, holding them for extended periods. In return, they receive reward boosts, which increase their earning potential.
Investors are rushing to the ongoing Cosmic Kittens presale and securing CKIT tokens at their lowest price, as analysts say the continuous expansion of the blockchain gaming sector will boost CKIT’s market performance.
The Cosmic Kittens presale is already projected to succeed due to the CKIT token’s attractive utility, its successful token audit, and its crucial place in the future of blockchain gaming. Moreover, the CKIT token is currently available at a low value of $0.0055. This low value is a great opportunity for investors to join the project before its market surge.
Furthermore, investor confidence has surged following news that the Cosmic Kittens (CKIT) game is already in development. Analysts say its rapid network development has the potential to push CKIT’s value up by more than 100x in the next 24 months.
Joining its presale now is an opportunity to jump on CKIT’s 20% bonus. Furthermore, you can be among the lucky few who will receive 700 discounted NFTs from its presale. To ensure you capitalize on this opportunity, click the links below.
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