The ongoing bull run has sprung up a new thread of excitement among other investors or miners who are into different types of crypto.
some are of the idea that this current bull run is going to affect bitcoin extensively and according to projection bitcoin is going to climb well over $100,000 by years end, but that is just the least of the goodness that this bull run is going to bring.
there are well over 20,000 different coins and as of 2023 prior to the bull run 8000 out of those 20,000 have already been listed in the crypto currency market, and more are still adding up to the list because many has been listed this year already.
though many of this coins are still obscure, they are still very low in trading volume and market capitalization.
Some are well established with significant trading volumes and market capitalization.
this current bull run is also going to help boost both old and new listed crypto coin.
while dozens of , altcoins and tokens are been created from time to time for different purposes many coins are going to be worth more than many anticipated them to be.
Some coins are already very scarce to get hold of because of the halving they are experiencing, they have become more valuable than when they were created, crypto currency has become a vast market with astonishing opportunities, you just have to keep your eyes peeled up for one.
Bitcoins price upgrade and may happen very quickly and fast after the halving which is coming up next month, the price projection for bitcoin has continued to change overtime indicating that it may soar more than earlier predicted.
Ethereum on the other hand has been undergoing it's own improvements, not only in price surge but also waiting to be approved to be backed by ETF just like bitcoin this may before its halving,
the ETF backing is going to make Ethereum even more indisposable because giant financial services Fidelity has proposed to stake a portion of the funds ETH to generate additional income.
Nearcoin just halved this month and even though it's price just decreased by 10% it's one of many listed coin that hold a very promising future in the crypto currency market.
so far so good crypto currency have been having a very great year, and the detour of price fall that is happening now is just a bend on the road because after the halving of both bitcoin and ethereum, the increase in price we have been seeing in crypto coins will just be a tip of the iceberg.
