Is it over for Bitcoin? That’s what many in the crypto world are asking right now. While Bitcoin is often considered the one true store of value and the “gold standard” of digital finance, that doesn’t necessarily mean it’s going to continue being the biggest player in town. While it’s still got a long way to fall before it even drops to 2nd biggest by market cap, it might not have the brightest future. But what does this mean for the crypto space as a whole?
If Bitcoin can fail, then does that mean the end for crypto? No. Just because Bitcoin was the first to gain mainstream attention and hit massive all-time highs, that doesn’t mean it’s going to be the project that moves crypto forward into its next generation of gains. Crypto is still here to stay, and digital finance is still considered by many to be the future. It just might be another coin that goes on to achieve great things, rather than Bitcoin.
Is Bitcoin really finished?
The reality is, that while many are saying the time is up for Bitcoin—that doesn’t mean it’s necessarily going to drop to zero. Far from it. Many were calling a $10k “bottom” when it dropped to $20k a couple of weeks ago. But that’s still a huge value. And despite this sentiment, it actually held strong around $20k and continued to consolidate. This caused a slight positive shift in confidence, and people are now thinking it’s time to “buy the dip”, with $100k BTC being touted once more.
The truth is, nobody knows whether this is the bottom, or this is a new top. And the problem BTC has is that much of the in-built value is just because of price speculation rather than a real belief in its actual core value.
But no matter what happens to Bitcoin, it isn’t over for crypto in general. BTC might have gone mainstream, but there’s space for other coins, too. And with some of these other projects, you might be able to get involved before they make the stratospheric gains BTC did. Remember those people who bought a pizza with 12 BTC years ago? Imagine what you could do with 12 BTC now.
Gnox (GNOX)
There’s one great thing about Gnox’s current performance (up 63% in just a few weeks): Gnox doesn’t need BTC to perform. While many other altcoins follow the market leader, those that thrive despite it (like GNOX) show real potential.
And Gnox is the perfect platform to bring passive income gains to the masses. It’s a long-term store of value because it gives regular investors easy access to passive income gains thanks to yield farming as a service. And it’s perfectly poised to thrive despite what the rest of the market is doing.
UniSwap
As the biggest token swapping platform out there, UniSwap also has a great future. That’s because as more and more people get involved in crypto and realize how much money can be made from altcoins, they’ll need simple ways to swap tokens, especially between chains. So a move away from a BTC-oriented market could see UniSwap continue to thrive.
Whether BTC is finished or not remains to be seen. But there are other great projects out there that can still make you money. Notably GNOX and Uniswap. So check them out today.
Find Out More Here:
Join Presale: https://presale.gnox.io/register
Website: https://Gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
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