Making investment decisions is tough. Deviating from your favorite choice, especially when it starts to show signs of recovery, might seem extremely risky. However, taking a worthwhile risk could potentially add millions to your wallet.
In this article, we will explore such a worthwhile risk that could potentially earn you more than sticking with your favorite BTC, which is struggling to bounce back to $30K. Can Solana and DogeMiyagi (MIYAGI) be a worthy shot over Bitcoin? Let’s find out.
Bitcoin Price Bouncing Back To $30K
According to crypto experts, Bitcoin’s crucial support level is currently set at $30,000. However, BTC lost this support weeks ago, which disappointed investors who were hoping for a potential bull run in Bitcoin’s price after Blockrock’s Bitcoin ETF filing. Bitcoin has been struggling to uphold this support level for over three weeks now. While it briefly touched $30K on rare occasions recently, it couldn’t maintain its position.
This leads to an important question: Should investors keep believing in Bitcoin’s capabilities or try out altcoins? Of course, the OG of cryptocurrencies, BTC, will eventually surpass the $30K threshold and more. Yet, why not also consider altcoins that have already nearly doubled the profit potential that Bitcoin offers to its investors?
Solana – The Perfect Rival For Bitcoin
In the current market trend, Solana emerges as a strong competitor to Bitcoin, even outshining Ethereum. This blockchain, focusing on Web 3 advancements, is making remarkable strides in the market with its own cryptocurrency, SOL. While Bitcoin’s year-to-date gains are just 76%, Solana has achieved an impressive over 140% in the same period, almost double what BTC has achieved. In comparison to Ethereum, SOL has tripled ETH’s gains.
Solana’s continuous effort in providing a smooth Web 3 experience and its determination in hosting dApps and smart contracts that contribute to the advancement of blockchain technology is what makes its token more attractive and potentially profitable. From blockchain gaming to NFT sales, Solana leads the competition in the Web 3 crypto realm. Given its current market trend, ambcrypto.com predicts that in the next 6 months, Solana’s price could potentially reach $33.30 – $35.63, representing an increase of around 45% from its current value.
DogeMiyagi – A Fresh Competitor In The Crypto Market
Despite the existence of over 20,000 actively traded cryptocurrencies in the current crypto market, the excitement surrounding newly introduced coins never seems to fade. The potential for these currencies to skyrocket after their launch during the presale phase motivates investors to seize opportunities.
DogeMiyagi stands as one such emerging cryptocurrency that has been gaining steady attention within the presale ecosystem. Built on the Ethereum blockchain, DogeMiyagi harnesses the innate attributes of meme-coins’ ability to capitalize on social media trends. However, its ecosystem offers more than just its amusing dog mascot.
DogeMiyagi presents its native token, MIYAGI, during the presale phase. This token will serve as a utility and governance token within the DogeMiyagi ecosystem. Furthermore, there are plans to launch a decentralized exchange and collections of NFTs. As MIYAGI tokens increase in value during the presale progression, investors may witness their investments multiply by the time of the official launch, defying market trends.
Conclusion
The increasing volatility in the Bitcoin market, along with its struggle to reach $30K, has sparked doubts about Bitcoin’s price potential. Meanwhile, Solana and DogeMiyagi are emerging as potential rivals, showcasing their proven ability to provide multifold profit in a short period.
If you’re aiming for maximum benefits in the crypto space, consider investing in the presale project DogeMiyagi. And don’t forget, DogeMiyagi also presents a referral program where you can earn a 10% commission on investments made by individuals you refer.
For more information on DogeMiyagi:
Website: https://dogemiyagi.com
Twitter: https://twitter.com/_Dogemiyagi_
Telegram: https://t.me/dogemiyagi