The post Bitcoin ETF pushes it to $46K, These 3 Tokens Ready To Explode! appeared first on Coinpedia Fintech News
Anticipated Bitcoin ETFs in the crypto community, mirroring traditional finance popularity. In DeFi, they provide crypto exposure. Experts foresee a significant impact on the industry, attracting traditional investors, increasing capital flow, and boosting crypto asset values. $BTC rallied nearly 60% since October last year given the anticipation of ETF approval. Now that ETFs are approved, the crypto assets along with Bitcoin are likely to rally. Global crypto market cap hits $1.77 Trillion jumping 4.15% in the last 24 hours.
Major players in traditional finance, including BlackRock, Fidelity Investments, and Ark Invest, have filed for Bitcoin ETFs, and their potential approval by the SEC is contributing to a notable rally in Bitcoin prices, recently reaching $47,000, the highest point in the last two years. Here are some tokens expected to surge following the potential price rally of the leading cryptocurrency in the wake of Bitcoin ETFs approval.
Landshare ($LAND)
The tokenized assets space holds a relatively small portion of the broader crypto market. But it was seen to gain traction given the players like Landshare ($LAND). The project is a tokenized real estate ecosystem prominent among platforms that provide users to enter the real estate investments on blockchain.
Landshare native token $LAND saw over 200% in the last two months. The rally aligns with that seen by Bitcoin in the same time frame. Clearly the $LAND token is set to follow the lead of $BTC in the upcoming rally possibly triggered by ETF approvals.
Landshare distinguishes itself in the tokenized real estate space through a series of unique selling propositions. Firstly, the project has already achieved significant milestones by successfully selling three properties on the Binance Smart Chain (BNB), showcasing tangible and operational success. This not only demonstrates Landshare’s practical application but also establishes trust within the community.
Moreover, Landshare is set to embark on a Real World Asset (RWA) token sale this week, adding a layer of financial accessibility and investment opportunity for stakeholders. The token’s impressive surge of 200% in the last few weeks further underscores its attractiveness as an investment option.
Unlike some competitors in the market, Landshare positions itself as a more grounded and value-driven project, emphasizing real-world assets and achievements over speculative valuations. This strategic approach, combined with a track record of property sales and an upcoming RWA token sale, positions Landshare as a standout player in the tokenized real estate sector.
Apart from this, the tokenization space has a massive $900 Trillion worth of opportunity to monetize. This also makes the $LAND token in the position to benefit from the development in the asset digitization sector.
As mentioned before, $LAND token price doubled in the past two months. Analysts across platforms were seen to project that the rally could continue and the token may break the next hurdle at $2 soon. In addition, $LAND token is expected to be listed on centralized exchanges (CEXs) soon.
At present, $LAND token trades at $1.23 after an increase of over 150% year over year. The price dip was due to bleak market conditions and crypto winter but things are getting back to normalcy. The $5 Million market cap of $LAND token is also worth considering as it gives the chance for the token value to grow multifold.
Filecoin ($FIL)
Data and information is the new currency of the modern world. The decentralized storage project, Filecoin ($FIL), intends to democratize the handling of data and information using blockchain technology.
$FIL token serves as the native currency of Filecoin and is essential for various functions within the network. Clients use $FIL tokens to pay for transactions on the Filecoin network. Additionally, miners are required to place $FIL as collateral, which serves as a guarantee for the services they provide in the network. This collateral requirement ensures a level of commitment from miners and helps maintain the integrity and security of the Filecoin network.
Filecoin native token has also seen gaining attention in the past few weeks and it can take advantage of the potential bull run. The analysts also expect $FIL token to witness a bullish rally down the road.
Currently $FIL is trading at $5.5 surging nearly 3% in the last 24 hours. The $2.7 Billion market cap token is up by 45% year over year. Given that it falls among the big industry players, it can benefit from the rally at the right time.
Internet Computer ($ICP)
It is relatively easy to find a token that rallies faster than others and Internet Computer network’s native $ICP token is one of such few. The token has been rallying for the past few weeks.
The Internet Computer blockchain represents a groundbreaking shift in blockchain design, leveraging advancements in cryptography. It introduces the concept of a “World Computer” blockchain, capable of constructing a wide range of online systems or services, including complex applications like social media, without relying on traditional IT infrastructure such as cloud computing services.
$ICP is the native token that powers the protocol. The ICP token holds a diverse range of functionalities in the Internet Computer network. It is utilized to power computation through burned cycles, introducing a deflationary element.
Additionally, ICP can be staked in the Network Nervous System DAO for voting rewards, actively participating in blockchain governance. The token has surged significantly in the recent weeks that people across the platforms have bullish sentiment. $ICP has more than doubled within the past one month.
As of now, $ICP token is trading at $12.4 gaining over 120% in the monthly time frame. It is due to the surge in token’s value that pushed Internet Protocol among the top cryptocurrencies across the global crypto market. Currently it sits at the market cap of $5.6 Billion.
