2024-6-24 16:55 |
Bitcoin has tumbled rather sharply in recent weeks, currently trading at around $64,000.
Still, analysts at Bernstein remain super bullish on where the world’s largest cryptocurrency by market cap is headed over the next 18 months.
Bitcoin could 3x by the end of 2025The investment firm now expects Bitcoin to hit $200,000 by the end of 2025. That suggests about a 3x gain from here.
Bernstein analysts are super convinced that the ETFs related benefit is only in its early innings and will, therefore, remain a material tailwind for BTC moving forward. In fact, they even expect Bitcoin to hit $1.0 million over the next ten years.
Such ultra bullish forecasts are significant for the rest of the cryptocurrencies including the up and coming WW3Shiba as well considering they tend to follow Bitcoin.
Let’s take a closer look at what WW3Shiba has in store for investors.
What you need to know about WW3ShibaWW3Shiba is a recently launched crypto project that aims at capitalising on continued growth in the meme coins market that was worth over $20 billion by the end of the pandemic.
The platform is powered by a native token called the “WW3” in which you can invest and profit from its eventual price appreciation.
But WW3Shiba is all the more exciting for investors considering there are other ways to make money on this platform as well such as its play-to-earn ecosystem.
Plus, if you wish to make money passively, WW3Shiba also offers staking that returns up to 60%. Interested in finding out more about the crypto project and its native WW3 token? Click here to visit its website now.
WW3 coin is currently in presaleNow is likely a suitable time to invest in the WW3 token as it’s currently going for $0.0013 only in the ongoing presale which means you don’t really need a huge sum of capital to secure a sizable position in it.
After the presale, the team behind WW3Shiba is expected to opt for a listing on a crypto exchange that tends to unlock significant upside in the price of a crypto token.
Note that investing in the WW3 coin is not all about yourself either. WW3Shiba does have a few charitable initiatives as well that focus primarily on dogs injured in wars.
WW3Shiba is a community governed project so having a position in its native token does also give you a voice in how it develops moving forward. Click here if you’d like to explore ways to invest in the WW3 presale.
Why else is WW3 coin attractive for 2024?Other than in-game incentives and charitable initiatives, what sets WW3Shiba apart from its meme peers is its dedicated NFT marketplace.
It is worth mentioning here that a bunch of macro factors may also help WW3 token gain in the coming months. These include, for example, the expected rate cuts at some point this year which typically make the risk-on assets like cryptocurrencies (including WW3) more attractive.
Additionally, the total supply of Bitcoin was cut in half this past April that tends to be a tailwind for BTC for months. That expected strength in the world’s largest cryptocurrency may reflect in the WW3 token as well.
For more information on WW3Shiba, you can visit the website on this link.
The post WW3Shiba in focus as Bernstein turns ultra bullish on Bitcoin appeared first on Invezz
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