Bitcoin (BTC) has been making headlines recently as its price started to recover in late September and the first week of October.
The coin surged from top to a new all-time high (ATH), reaching best in only a week. The final leg of the increase came after analysts like CRG on X noted that Bitcoin’s dominance is looking bullish.
The analyst and trader also noted that this might mark the start of a BTC rally, also pointing out that the largest crypto’s strengthening dominance represents a painful short-term for the altcoin market, which also turned out to be an accurate prediction.
Following the climb to the ATH, Bitcoin saw a correction to its current price of $121.34k, which is where its price sits at the time of writing.
But, CRG published another update on X yesterday, pointing out “Another leg up for dominance” for Bitcoin, and “more pain for altcoins.” Many of his 192.8k followers view this as another chance to buy Bitcoin early before it sees its next rally, and they believe that this makes BTC the best crypto to buy now.
Whether or not the analyst will be right for the second time remains to be seen. However, this also opens an opportunity to buy other Bitcoin-related tokens that could soar due to their ties to the industry’s oldest and largest asset, such as Bitcoin Hyper (HYPER).
What is Bitcoin Hyper About?
Bitcoin Hyper is a brand-new cryptocurrency that combines Bitcoin’s name with the playful nature of meme coins, while offering real utility that could permanently transform Bitcoin’s network.
The project was designed to be a scaling solution for Bitcoin, coming out as the fastest Bitcoin Layer-2 chain. As such, it aims to revolutionize the entire Bitcoin ecosystem by solving its biggest issues - slow speed, low scalability, and the lack of programmability.
Bitcoin is the oldest cryptocurrency, and its network uses the industry’s oldest blockchain. As such, it is also the most outdated and slowest in the entire crypto sector, capable of processing only a handful of transactions per second. Because of this, the waiting time for having your transaction processed can be quite lengthy.
This led to the rise in the average transaction fee, as those in a hurry to have their transactions processed keep increasing the amount they pay to the miners, thus raising the average fee along the way.
However, Bitcoin Hyper aims to introduce a scaling solution that would bring scalability and speed for Bitcoin, eliminating long waiting times and, as a consequence, high fees as well. In addition to that, it will also introduce smart contracts on its L2 chain, enabling the creation of new blockchain products, such as dApps, DeFi protocols, other meme coins, and more.
The project believes that its contribution to helping Bitcoin evolve will mark 2025 as the year Bitcoin Hyper changed everything, which, if it does come to pass, makes it the best crypto to buy now.
Bitcoin Hyper Presale Explodes
Given Bitcoin Hyper’s potential, its ICO exploded, attracting investors from all over the world. By now, even crypto whales have joined the presale, investing millions into it, alongside other buyers who recognized HYPER as a unique opportunity.
The presale has raised over $22.97 million as of October 10, and while it has yet to announce its conclusion, it might even sell out before its ICO comes to its natural end.
Its success has even attracted the attention of experts who run the crypto YouTube channel, 99Bitcoins, which has over 722k subscribers.
In a recent video, experts have noted that Bitcoin Hyper could be the next top crypto, pointing it out to investors as the best crypto to buy now.
For now, the project is still in its ICO stage, but pretty soon, it will conclude the presale and go live. Then, with the amount of demand it has seen already, many expect its price to skyrocket from its current $0.013095 to much higher levels.
It is also worth noting that Bitcoin’s increasing dominance is likely to contribute to the token, despite the fact that it is an altcoin. Its ties to the Bitcoin network, as well as the fact that it carries Bitcoin’s own name, could have a strong influence on the HYPER token’s value once it goes live.
This is why buying it during the ICO could be a smart move, as its value is currently still fixed, and it only moves when the presale evolves from one stage into the next. With that said, the next price increase that the project will see is expected to come in only a little over 24 hours, so the best time to join the presale and buy Bitcoin Hyper is right now.
Conclusion
Bitcoin Hyper was designed to break through Bitcoin’s core limitations and solve the issues that have been plaguing its blockchain for over a decade and a half now - slow transactions, high fees, and the lack of programmability. Of course, BTC still maintains the most secure blockchain in the industry, but the fact is that its technology is nowhere near capable of satisfying the demand.
Bitcoin Hyper can change that, and its ICO is expected to end before the start of the next year. That would make 2025 the year when Bitcoin’s network will finally get a new scaling solution, which could perform even better than the Lightning Network and other solutions that emerged over the years. With that in mind, this is the perfect time to join the project’s ICO and invest early.
Disclaimer : Cryptocurrency investments are risky and highly volatile. This is not financial advice; always do your research. Our editors are not involved, and we do not take responsibility for any losses.
