Bitcoin has been in kind of a downtrend over the past month considering it’s trading at $65,000 versus the high about $72,000 in May.
Still, experts remain bullish as ever on what the future holds for the world’s largest cryptocurrency.
Bitcoin to end the year at $100,000
Michael Novogratz – the founder of Galaxy Digital continues to see BTC hit $100,000 level this year now that the U.S. regulator has approved the ETFs and the crypto itself has gone through the halving event.
In fact, by the summer of 2025, Bitcoin could be valued at as much as $350,000, as per the world renowned author of Rich Dad, Poor Dad – Robert Kiyosaki.
Strength in BTC tends to reflect in other cryptocurrencies as well as it’s broadly known as the market leader. As such, meme coins like Myro and Solciety could benefit in the coming months as well.
Let’s take a closer look at what each of these have in store for investors.
What you need to know about Myro
Myro is an autonomous token named after Raj Gokal’s (cofounder of Solana) dog. Built on Solana, this meme coin saw explosive growth of more than 1,400 in 2023.
More importantly, many believe it will continue to do well this year as well on the back of strength in Solana.
Myro is a community driven platform that’s committed to offering the best user experience possible to those interested in the meme coins market. That’s what makes it all the more attractive for an investment in 2024.
Myro token may also benefit as the U.S. Federal Reserve turns to cutting interest rates at some point this year since inflation seems to be moving towards its 2.0% target.
Is Solciety token a better pick than Myro?
Solciety may be an even better pick than Myro if you’re interested in investing in meme coins built on the Solana blockchain.
That’s partially because 2024 is the year of elections and that hype is exactly what the SLCTY token aims at taking advantage of.
Plus, Solciety launched its 30-day presale today (June 18th, 2024). So, you have the opportunity to build a very early stake in this new meme coin.
Opting for an early position will likely benefit you the most after the presale when its developer opt to list the SLCTY token on crypto exchanges in pursuit of greater accessibility and eventually higher price.
Note that Solciety token will appreciate in price once every 72 hours during the presale as well. Click here to find out more about Solciety and its native Solana-based coin.
What is Solciety?
Solciety is basically a blockchain-enabled platform that enables you to create your own memes. You get to earn points once you share your memes on social media as well.
It is expected to particularly benefit in the back half of this year as the global focus turns to elections as Solciety dubs itself the “very first political party of the Degens”.
SLCTY token is a cryptocurrency at its core and, therefore, may benefit from the macro developments like rate cuts as well.
Interested in finding out more about Solciety and its native crypto coin? Click here to visit its website now.
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