Best Cryptocurrencies to Buy Before Bitcoin ETF Approval
After hearing the news of the Bitcoin ETF getting approval, you may be wondering what coins to purchase ahead of the bull rush. We’ve done the research and found Kaspa, Near Protocol, ThorChain, and Pullix as the best money making opportunities. Pullix leads the front as it enters its second presale phase, meaning early adopters have the potential to make more gains compared to other options. Let”s find out why these coins are perfect before the ETF gets approved.
Kaspa
Like Bitcoin, Kaspa is a layer-1 blockchain that believes there is room in the market for another L1 coin. While other layer-1 blockchains, for example, Bitcoin, have faced challenges with fees and scalability, Kaspa uses the GHOSTDAG protocol, which greatly speeds up transactions.
The investment community sees huge potential in this unique blockchain design, leading to Kaspa’s price to jump from $0.005 to an impressive $0.41 in a matter of weeks. Today, Kaspa is valued at $0.12, a massive 2300% increase from the start of 2023. As Bitcoin’s ETF gets approved, we may see similar PoW like Kaspa pump, making Kaspa an ideal choice before the announcement is made.
Near Protocol
Near Protocol has gained value after its announcement of Testnet USDC and EURC from Circle on its network. After this news, Near Protocol increased from $1.73 on November 28th to $2.23 on December 13th. Moreover, Near Protocol is the latest layer-1 blockchain to incorporate inscriptions, which is a form of adding more data to the network.
Experts in this field are bullish on Near Protocols’ future and predict a surge in price of up to $2.67 before the Bitcoin ETF approval. Near Protocols’ unique attributes, scalability, and low transaction costs make it one of the best altcoins to watch out for.
ThorChain
Like Near Protocol, ThorChain has experienced spectacular growth during December, going from $5.32 to $7.24. However, as the market corrected itself, ThorChain is currently trading at $5.65, possibly making it a great time to buy since the Bitcoin ETF is yet to be approved. Once the Bitcoin ETF goes live, experts predict ThorChain can reach a yearly high of $17.94 in 2024.
ThorChain is a remarkable project allowing traders to transfer crypto across approved DEXs without needing to use wrapped coins. This creates a more trustworthy ecosystem since you don’t need to rely on the custodian who holds the assets when using Thorchain. Moreover, now that ThorChain has secured integration with the popular Edge Wallet, more users will have access to the coin.
Pullix
The best cryptocurrency to buy before the release of the Bitcoin ETF is Pullix, making huge waves within the TradFi sector Pullix is set to change the landscape of financial trading for the better. Rather than focusing solely on crypto, Pullix is bridging the gap between traditional finance and cryptocurrency by offering forex, commodities, stocks, as well as digital currencies.
The most admirable aspect of Pullix is its commitment to the user experience, there is no KYC, allowing anonymous trading. The native PLX token offers great bonuses and has the potential to be one of the top DeFi tokens. Just by holding PLX you’ll receive a portion of Pullix’s revenue every day. Of course, the quantity depends on how much PLX you have in your wallet, so the larger your portfolio, the higher your passive income will be.
In addition, holders of PLX will gain access to trading conditions and exclusive assets. The Trade-to-Earn feature is one of the best aspects of Pullix since you’ll be earning rewards as you trade. Therefore, if you’re a frequent trader, Pullix may be the top choice for your needs.
Many investors are projecting Pullix to skyrocket 40x in value once the presale is over and gets listed on exchanges. Currently, it’s valued at $0.042, but that will soon change as the presale continues, so the best time to get in is now.
For more information regarding Pullix’s presale see links below:
