April 19, 2024
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This Surging New Cryptocurrency Could Rocket Higher On ‘NFT Hype’ Price Prediction Reveals—As Bitcoin And Ethereum Crash – Forbes

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Bitcoin
BTC
and ethereum, by far The Most very important cryptocurrencies by worth, have moved sharply decrease this month, as fears of a monetary “doom loop” grip markets and “bitcoin Jesus” reveals his shock “contenders” for the title of the world’s dominant cryptocurrency.

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The bitcoin worth has wrestled To interrupt above $40,000 per bitcoin this yr whereas the ethereum worth has Did not maintain above $3,000 per ether. Each bitcoin and ethereum are down round 20% by way of April. Meanwhereas, the persevering with properly-respectdity of blockchain-based mostly non-fungible tokens (NFTs) has helped new cryptocurrency apecoin, hyperlinked to the Bored Ape Yacht Membership NFT assortment, Discover your self to be a $7 billion coin.

Now, a survey of cryptocurrency specialists has returned a bullish worth prediction for apecoin—with the apecoin worth rocketing 50% Over the previous week As a Outcome of the coin’s developer gears up for a current NFT sale.

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Extra FROM FORBES…….

Source: https://www.forbes.com/sites/billybambrough/2022/04/30/this-surging-new-cryptocurrency-could-rocket-higher-on-nft-hype-huge-price-prediction-reveals-as-bitcoin-and-ethereum-sink/