Bitcoin price is struggling to flip $48,000 to support, but the steady protocol developments taking place in DeFi projects could lead to further upside from DOT, LUNA, ATOM and FTT.
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The analogy appeared in anticipation that Bitcoin could post a 2017-like bull run, in which the price rose by more than 1,900%.
Indians exchanges are urging locals to buy and give Bitcoin during the upcoming holiday season.
There’s a firm sense of « altseason » across crypto markets Thursday, with one analyst calling the next phase of a « super bull cycle. »
Apart from creating their own digital collectibles, major brands are also acquiring popular NFTs amid the growing popularity of nonfungible tokens.