Crypto Experts Identify 1272% Upside For Top Altcoin!
The world is filled with crypto experts nowadays who are swearing to their followers that this new coin is going to be the next Bitcoin, or Pepe Coin, or whatever else. It always pays to do your open research before investing in a crypto. However, when experts are aligned on one coin, that can be a very promising sign and normally happens organically.
One search for ‘Bitcoin Minetrix’ on X (formally Twitter), and you can just scroll through accounts and sites claiming that Bitcoin Minetrix (BTCMTX) is next to pump and that it’s the next 100x coin. Some even go as far as to claim it has a 1272% upside.
So, let’s take a deep dive into Bitcoin Minetrix and see if it has as much potential as these experts claim it does.
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Bitcoin Minetrix- The key to Bitcoin’s longevity could lie with this new altcoin
At first glance, we can see that Bitcoin Minetrix (BTCMTX) is indeed a very popular token. Its presale is coming to the end of its 25th stage and, at the same time, is just about to pass $11 million raised. A presale that sets itself a high hard cap is always a good token to get on board with, as it shows the ambitions of the creators.
Now, I’m sure many of you are thinking that the heading of this section is hyperbole but it actually has a really good chance of being true. While Bitcoin’s price is soaring as it hits a nearly 3-year high, everyone seems to be forecasting an all-time high just around the corner. However, there may be problems just over the horizon.
The crypto industry, and in particular, Bitcoin has been criticized for years now for how they operate. Most of this is because of the amount of energy proof-of-work coins like Bitcoin need in order to be mined. These critiques are valid but, until now, have not been too much of an issue.
That looks like it is going to change now, however, because of bitcoin’s assent into the mainstream. When the SEC approved the spot Bitcoin ETF applications from Blackrock and other major Wall Street asset managers, it was considered a glorious day for crypto. A day of validation as now they were in with the big boys.
However, a downside of this is that Bitcoin will now face increased regulatory scrutiny. Crypto has managed to live on the outskirts of this up until now, but that is already changing. A few weeks ago, The U.S. Department of Energy announced it would be doing an in-depth analysis of the Bitcoin mining process in the USA in what has been described as an “urgent data collection request.”