Can These New Crypto Icos Repeat the 2013 Bitcoin Price Rally?

2023-10-5 17:13

A decade ago in 2013, Bitcoin was a relatively obscure concept, known mostly to computer scientists and university students. The cryptocurrency’s price reflected its modest outreach – BTC started the year trading near the $13 mark. 

However, 2013 was also the first-ever year in which the Bitcoin price displayed a legitimate bull run. The largest cryptocurrency traded as high as $1241, representing a growth of over 5800%.

A CNBC coverage video from 2013, that recently went viral on social media, shows Bitcoin hitting the $100 mark for the first time. Later that same year, BTC surged past the $1000 mark as well. 

In another first, Bitcoin exceeded the spot price of Gold in November 2013, a historic moment considering the constant comparisons between the two assets. To sum it up, Guillaume Babin-Tremblay, executive director of the Bitcoin Embassy, called 2013 “the year of Bitcoin”.

New Token ICOs That Could Replicate 2013 Bitcoin Price Rally

With the Bitcoin halving scheduled for April 2024, experts are projecting the onset of another bull market, starting with an “Uptober” rally – interestingly, the concept of Uptober can also be tracked back to 2013 when BTC surged by 48% in the month. 

However, it is unlikely that Bitcoin will ever display the same growth as it did back in 2013. After all, the BTC price is currently at $27,600, which represents a 100x growth from its price a decade ago in October of 2013. 

Even Michael Saylor’s Bitcoin price prediction of $1 million would only represent a 36x growth. 

With that in mind, we are listing 3 new presale tokens that could potentially replicate the 2013 Bitcoin bull run. 

Bitcoin Minetrix (BTCMTX)

Also in 2013, a Chinese hardware company released the first Application Specific Integrated Circuits (ASICs) for Bitcoin mining, revolutionizing the industry by offering billions of times more computational power. 

A decade later, Bitcoin Minetrix is attempting to shake up the sector as well, making mining rewards accessible to everyday retail investors. 

As Bitcoin became increasingly popular and the number of BTC transactions surged exponentially, the network’s mining difficulty increased proportionately as well. It is no longer feasible for an ordinary investor to mine a Bitcoin using a CPU – the process could take several thousands of years. 

However, with Bitcoin Minetrix’s cloud mining platform, users can rent computational power, without having to run a crypto mining operation themselves. They can purchase BTCMTX tokens – preferably in the presale for maximum profits – and stake them to receive mining credits. These non-transferable credits can be burned in exchange for cloud mining time or a percentage of the yield, both options leading to lucrative BTC rewards. 

This stake-to-mine approach also gives Bitcoin Minetrix superior footing in the cloud mining industry as it protects investors from scams and long-term complicated contracts – investors can unstake and sell their tokens at any time. 

Due to this important real-world utility, the Bitcoin Minetrix token is experiencing high demand in its ICO, having raised over $500k in just over a week. Several smart-money traders – such as the admin of the Crypto Whale Pumps group on Telegram – have already made sizable investments in it, highlighting its price potential. 

After all, similar stake-to-earn Bitcoin alternatives like Bitcoin BSC and BTC20 have seen remarkable success in recent weeks, even outperforming BTC in the short term. 

However, with BTC mining continuing to become increasingly difficult, investors will continue to find value in Bitcoin Minetrix, even in the long term. 

Visit Bitcoin Minetrix Presale

TG.Casino (TGC)

Just as Bitcoin was the opportunity of a lifetime in 2013, top gambleFi tokens such as TG.Casino have the potential to offer similar returns. 

The online gambling industry is expected to grow at a CAGR of 11% and hit the $150 billion mark by 2030. Thanks to the immutability and transparency of blockchain technology, crypto casinos and betting platforms like TG.Casino could potentially be at the forefront of the boom. 

Similar to other top online gambling sites, TG.Casino players can enjoy betting on hundreds of games and sportsbooks, along with competing with each other in exciting live events. However, in an innovative twist, the platform is offering all its crypto gambling services on Telegram, without the burden of any KYC verification or account setup. 

Telegram’s familiarity, along with its powerful bot API, results in a smooth user experience, while its end-to-end encryption will protect players from any malicious attack. The popular messaging app is also the home of a billion users, millions of whom are crypto and gambling enthusiasts and could drive up the demand for $TGC. 

The token is an essential part of the TG.Casino ecosystem, and will continue to surge in value as the platform becomes increasingly popular. For example, a portion of the casino’s profits will be utilized to buy back $TGC tokens on the open market, 40% of which will be burned to create a deflationary supply. 

The remaining 60% of the tokens will be distributed as staking rewards, a strategy that is gaining strong traction amongst retail investors – close to 4 million tokens have already been staked, with investors earning an APY of over 1000%. Stakers will also enjoy first-hand access to new games, features and promotional events. 

However, the TG.Casino presale has already raised over $410k in just over two weeks, reaching 41% of its minimum goal of $1 million. Interested buyers have limited opportunity to purchase the token before it potentially explodes after launch. 

Presale buyers spending over $5k will become a “high roller”, earning an exclusive NFT and post-launch rewards.

Visit TG.Casino Presale

Meme Kombat (MK)

The growth potential of meme tokens is undeniable, especially after this year’s meme coin mania, which saw the likes of Pepe and Floki surge by thousands of percent.

These tokens are in particularly high demand due to the forecasts of an upcoming bull market. Popular trader Jacob Bury, who has over 20k subscribers on YouTube, purchased $10,000 worth of Wall Street Memes – a new meme coin that has been showing bullish strength in recent days. 

Another token that Bury is bullish on is Meme Kombat, which he predicts could display a 100x price growth after its launch. Interestingly, that is about the same returns that Bitcoin has generated since October 2013. 

However, $MK is not an ordinary meme coin, but an amalgamation of some of the trendiest crypto concepts such as artificial intelligence, stake-to-earn and GambleFi. 

The Meme Kombat platform is designed to be a virtual battle arena for 11 characters, each of which will represent a popular meme coin like Pepe, Doge, Shiba and Sponge – this strategy will capitalize on the viral potential and the global fan following of all the aforementioned tokens. 

The platform will use AI-based dynamic visualization and random sequencing to produce exciting and unpredictable battles, allowing players to bet on the outcome. Players can bet against each other or against the house, while also engaging in exciting side action betting. 

Similar to Wall Street Memes, Meme Kombat’s on-chain staking feature is also resulting in strong hype. Investors can purchase and stake their tokens in the presale itself and generate 112% APY, irrespective of the broader market outlook. 

However, Meme Kombat’s ultimate selling point is its fully doxxed team as the project has revealed the identity of all key team members, including the founder Matt Whiteman. This level of transparency is unprecedented in the meme coin market and could help gain investors’ trust. 

Meme Kombat has already raised close to $311k in its presale in just over two weeks, highlighting the robust demand for the token. 

Visit Meme Kombat Presale

The post Can These New Crypto Icos Repeat the 2013 Bitcoin Price Rally? appeared first on BeInCrypto.

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