With the Bitcoin price rallying by 27% in just over two weeks — soaring from $74.5k to $95k — it was only a matter of time before BTC-themed altcoins saw explosive rallies as well.
The Bitcoin Layer-2 coin Stacks (STX) is up nearly 90% from its April 7th local bottom and is trading as high as $0.91 this week.
Meanwhile, Bitcoin SV (BSV) broke out on Friday, rallying by over 40%. Dog (Bitcoin), ORDI and SATS (ORDINALS) are also showing incredible bullish strength as well.
A new BTC-themed meme coin, BTC Bull (BTCBULL), is in high demand as well, raising over $5 million in the presale itself. Several experts are calling BTCBULL the next 100x crypto.
Stacks, Bitcoin SV, Dog — Best Crypto To Buy In The Bitcoin Ecosystem?
The Bitcoin ecosystem is heating up, buoyed by BTC’s bullish strength.
BTC L2 coin, Stacks (STX), is leading the charge, showing strong correlation with Bitcoin. Like other high-upside altcoins, the STX price broke out of a multi-month downtrend and has soared by nearly 90% since.
Currently trading nearly 80% below its all-time high, Stacks is still highly undervalued, making it an attractive investment.
Prominent trader Crypto Tony is now long on $STX after it has firmly flipped the $0.50 resistance. It also isn’t expected to face much resistance before the $1.2 price level.
Meanwhile, Bitcoin SV (BSV) broke out of its multi-month descending trendline on Friday, which resulted in an explosive 40% rally. BSV is now up by over 50% over the past week and is even in the green over the past month.
Similarly, BTC-themed meme coin, Dog (DOG), is up by over 40% on the day as well, bringing its weekly gains to over 70%.
DOG is also a mid-cap meme coin, with a market capitalization of just $265 million. Ad to its that it is trading over 70% below its all-time, it is definitely one of the best cryptos to buy in the Bitcoin ecosystem.
Among the three, Stacks is likely the most attractive investment, owing to its strong correlation with BTC. In fact, many investors are viewing STX as a beta bet on Bitcoin.
Is BTC Bull The Next 100x Crypto?
Dog is certainly an attractive BTC-themed meme coin, owing to its relatively small $265 million market cap.
Unsurprisingly, smart money investors are extremely bullish on BTC Bull, a new Bitcoin-based meme coin, which is still in its presale.
The new meme coin is, undisputably, in high demand, having already raised over $5 million in short order.
The strong demand isn’t surprising either, considering BTC Bull has tied itself to Bitcoin’s long-term viability. The project is built for crypto investors who believe that BTC is highly undervalued at its current price and will continue its forward march over the years.
BTC Bull simply offers such investors an additional avenue to benefit from Bitcoin’s long-term growth. Holders will earn free Bitcoin as airdrops whenever the BTC price hits certain set milestones.
They will also benefit from token burn events and BTCBULL airdrops at other milestones. This is besides the staking rewards that presale buyers are earning, currently at a reward rate of over 80%.
Owing to its unique value proposition and small market cap, as well as the interest in free Bitcoin, it is no surprise that prominent analysts are calling BTC Bull the next 100x crypto.
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