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In a remarkable turn of events, BlackRock CEO Larry Fink, once a vocal skeptic of the crypto market, has now emerged as one of its most prominent advocates. With the asset manager issuing a Spot BTC ETF this year, Fink has boldly dubbed Bitcoin as “digital gold.”
This bullish sentiment can help bolster the recovering market even further, setting the stage for other cryptocurrencies to ride this wave to the top. We dive into three potential gems of the next leg of the bull run.
“My opinion five years ago was wrong.” BlackRock CEO Larry Fink Endorses Bitcoin
Speaking to Jim Cramer at CNBC, Larry Fink endorsed the cryptocurrency, affirming it is “absolutely” a long-term investment opportunity. Discussing his evolving viewpoint, Fink candidly acknowledged his past skepticism. “As you know, I was a skeptic—a proud skeptic,” he admitted. However, after extensive study, he confessed, “My opinion five years ago was wrong.”
JUST IN: BlackRock CEO Larry Fink says #Bitcoin is digital gold. pic.twitter.com/OVDBlBpbtf
— Watcher.Guru (@WatcherGuru) July 15, 2024
This shift in perspective followed the successful debut of BlackRock’s Bitcoin ETF in January as well as Bitcoin reaching a new all-time high of $73,000 in March.
In a powerful endorsement, Fink emphasized Bitcoin’s potential role in diversified portfolios. “I’m a major believer that there is a role for Bitcoin in portfolios. I believe you’re gonna see that as one of the assets that we all look at,” he concluded.
This bullish sentiment from one of Bitcoin’s biggest skeptics will help fuel the overall crypto market recovery, not just for Bitcoin. With this news likely to provide a boost to up-and-coming cryptos, here are three cryptos to watch heading into the second leg of the bull run.
Pepe Unchained
Pepe Unchained ($PEPU), a frog meme coin based on the beloved Pepe meme, is gaining significant traction in its ongoing presale. Currently priced at $0.0084598, $PEPU is expected to rise in just over a day, making now the ideal time for investors to jump in.
The coin offers exceptional staking rewards of over 500%, making it an attractive option for those looking to maximize their returns.
However, Pepe Unchained is more than just a meme coin; it aims to foster a new meme ecosystem on Ethereum through its innovative Layer 2 technology. This tech allows for instant transactions with minimal fees, creating an efficient and cost-effective environment for trading and staking.
Available for purchase on the Pepe Unchained presale site, $PEPU can be bought with ETH, BNB, USDT, and even by card, ensuring accessibility for a wide range of investors.
Notcoin
Notcoin has been experiencing extreme price volatility that has caused experts to speculate about a potential price surge in the coming weeks. There’s been a 64.63% increase in trading volume over the past day and $137.1m in open interest.
According to @WideAnalyze on X (Twitter), the token has entered a Buy Zone, and he expects to see a bull flag breakout very soon.
JUST IN: BlackRock CEO Larry Fink says #Bitcoin is digital gold. pic.twitter.com/OVDBlBpbtf
— Watcher.Guru (@WatcherGuru) July 15, 2024
Notcoin has become one of 2024’s biggest successes after launching a simple Telegram Mini App game that just involved tapping a coin on screen. The Notcoin beta launched in November 2023 with “zero expectations and no whitepaper.” The official game then launched on the 1st day of 2024 and, within just 10 days, had 6.3 million players.
Crypto analyst @AltcoinSherpa has also predicted that Notcoin could lead the current crypto market rally.
Floki
Popular Doge-themed meme coin Floki has posted double-digit returns overnight, with a 17.7% price surge. This comes hot on the heels of Revolut announcing its Floki Learn course.
Revolut Launches Floki Learn Course
Revolut has just launched an exclusive #Floki Learn course!
Users of @RevolutApp, the biggest fintech and retail trading app in Europe with over 45 million customers, now have the opportunity to explore the thriving $FLOKI ecosystem and its… pic.twitter.com/mWUNe6KXA5
— FLOKI (@RealFlokiInu) July 15, 2024
This will help expose Floki to Revolut’s 45 million users, providing a detailed introduction to the FLOKI ecosystem and its DAO-powered utility token. Revolut App, Europe’s leading fintech and retail trade app with over 45 million users, now offers a detailed introduction to Floki.
Floki Inu (FLOKI) is a cryptocurrency inspired by Elon Musk’s dog, named Floki. It’s a meme coin similar to Dogecoin and Shiba Inu but aims to provide more utility through projects like gaming, NFTs, and decentralized finance (DeFi). It has gained popularity due to its strong community and aggressive marketing.
While some worry that this recent price movement might just be speculation, the meme coin has shown strong returns all week, with a 26.70% increase.
