November is traditionally the best month of the year for the market and 2023 is looking no different. Add to the mix that there are rumors swirling that BlackRock’s Bitcoin ETF application will soon be approved, and we have perfect conditions for investing.
The whole market is likely to receive a boost from this news, so it is worth looking at new projects like Bitcoin ETF Token (BTCETF), Bitcoin Minetrix (BTCMTX), Meme Kombat ($MK), and TG.Casino as investment opportunities. We also believe it could be a good time to look at old ‘dino’ coins too.
‘Dino’ coins are basically a name given to tokens that were once considered to have a use case or to be valuable but have mostly been left behind by new developments.
5 Reasons to Buy New Tokens and Old ‘Dino’ Coins
- Market conditions are perfect and likely are going to improve in the next few weeks. This makes it the perfect time to invest in the market.
- Dino coins like Ethereum Classic (ETC) and EOS (EOS) have pumped by over 30% in the last week. Clearly, there is still a market for Dino coins
- A lot of Dino and new coins are inspired or associated with successful projects like Bitcoin and Ethereum. Both are performing very well and the ETF news will likely boost them more. Associated projects will likely see a trickle-down effect and pump as well.
- Both new and Dino coins have a lower market cap than some of the larger altcoins meaning investors have a lower risk but higher reward scenario when they invest.
- Both sets of categories of coins represent cheaper options to build your portfolio. They may not take off this bull run but holding onto them could be very profitable in the long run.
Now let’s take a look at five of the best new coins on the market right now that are set to pump during the upcoming bull run.
Bitcoin ETF Token- No better way to profit from Bitcoin ETF approval than with this coin
We talked above about how the likely upcoming approval of the BlackRock spot Bitcoin ETF would cause the market to pump. So, what better way to profit from this than by investing in a project that is set up to capitalize on the Bitcoin ETF developments? The presale has just begun but already it has raised $1 million as clearly investors understand the potential of Bitcoin ETF Token (BTCETF).
The project isn’t just reliant on this approval though, it has also made staking and burning a key part of their ecosystem. 25% of the total allocation of BTCETF will go to each cause, and one benefits the other. The staking strengthens the ecosystem, while the burning of tokens strengthens the value of staked tokens for investors.
Bitcoin Minetrix- This project could change how the Bitcoin mining industry does business
This project may seem quite niche as it is dedicated to fixing a problem with Bitcoin mining but trust us, you will want to get in on the ground floor of Bitcoin Minetrix (BTCMTX). The project will allow everyday investors to mine Bitcoin once again through a combination of staking and cloud mining.
The first part of the project works as any other does, investors can stake their tokens and earn a passive income or sell at any time. However, they can also exchange their tokens for mining credits. These credits are then burned in exchange for mining time or a share of the yields. It is a cheaper and greener way to mine and puts the power back in investor’s hands. The presale has raised just under $4 million and is flying through milestones.
Meme Kombat- This meme and P2E crossover is expected to pump once listings begin
P2E games have struggled as of late, but we think that will change with this exciting P2E and meme coin crossover Meme Kombat ($MK). The game is inspired by the classic combat game Mortal Kombat, but in this game, you will battle it out with the biggest memes of the last 10 years. From Pepe to Doge they are all included.
Not only does the gameplay offer hours of entertainment, but you can also wager on different elements of the fight. Bet against the computer, against other players, or even side bet on fight events like what the first move will be. This game, which uses AI technology to deliver a top-notch experience, is going right to the top once listings begin.
TG.Casino- A telegram casino that is also committed to player rewards
We think the partnership of TG.Casino ($TGC) and Telegram to form a Telegram casino is going to be a very profitable one indeed. The casino immediately gets access to the huge customer base of Telegram as it will be available to anyone with the app. Also, they get all the benefits of Telegram including their excellent security and processing features.
The casino is also really going to look out for its players. Every day the project will buy open market $TGC by using some of their daily profits. 60% of this total will be used to reward casino players with prizes like loyalty bonuses and to help sustain the ecosystem. The other 40% will be burnt which is great news for stakers of $TGC as it increases scarcity and in turn worth.
Ethereum Classic- A cheaper alternative to ETH that may pump just as much
After discussing ‘dino’ coins above we thought this list had to include at least one. Ethereum Classic (ETC) has been in the shadow of Ethereum (ETH for quite some time now. However, in the last week it has pumped by over 30%. ETH is now very expensive so this could be a cheaper alternative. It should see some of the positive news around ETH trickle down too so it’s a lower-risk option for investors.
So all in all we are very positive about everything crypto. Be it the old or the new, there are a lot of great investment opportunities out there. However, that being said, Bitcoin ETF Token, Bitcoin Minetrix, Meme Kombat, and TG.Casino are the best projects to invest in right now. They are all going through presale and represent great ways to capitalize on the upcoming bull run.