The crypto market has gone through severe turbulence in the last two weeks. Old and established cryptos like Terra Classic (LUNC), Bitcoin (BTC), and Shiba Inu (SHIB) have suffered setbacks and disappointed their holders. However, several new tokens, namely Wall Street Memes ($WSM) and Bitcoin BSC (BTCBSC) are performing splendidly and represent a rare ray of sunlight in an otherwise gloomy situation.
Making any kind of crypto price forecast can be an ungrateful task, but we are fairly certain that the 30-day prognosis for these tokens is on point. Below you will find detailed analyses and trading advice for each of them, devised after consulting leading analysts and crypto web pages. While nobody can promise exact price predictions on the crypto market or even prevailing trends, we are confident that WSM and BTCBSC offer the best chance for short-term gains and massive ROI.
By general consensus, Wall Street Memes is one of the best, if not the best, meme coins on the market at the moment. The token combines a powerful backstory with an army of loyal fans, doing their best to spread the word of it all over the Internet. That is why WSM price predictions over the next 30 days are extremely favorable.
WSM harnesses the power of meme culture and uses it as a weapon against the Wall Street establishment and its corruption. The fact that the token raised over $25 million in presale lasting only several weeks speaks volumes of its popularity and just how much faith investors have in its upcoming price explosion.
Making an accurate 30-day price prediction for WSM is a tall order. The token is less than 20 days away from its first listings and forecasts vary wildly, ranging from modest x30 to incredible x100 gains. Some even predict that WSM could breach the magic $1-dollar threshold within its first month on crypto exchanges. Regardless of which prediction you choose to believe, one thing is certain: they all agree that WSM is the next crypto moonshot. The only question remaining is whether you will be able to catch it before it takes off.
The latest hot token to hit the market is a BEP-20 token named after the original crypto coin, called Bitcoin BSC. The BSC part comes from Binance Smart chain, the network on which BTCBSC is launched. It draws heavily on Bitcoin history, trying to recreate the moment in April 2013 just before Bitcoin achieved parity with the US dollar and never looked back.
That is why it is priced at $0.99 during its presale, which was just launched days ago. It already raised more than $160,000 and is speeding toward its presale goal of $3.9 million. In another homage to Bitcoin, developers allocated 6,125,000 tokens for presale, matching the total Bitcoin supply from April 2013.
One clear advantage Bitcoin BSC has over its famous predecessor is that it doesn't employ a mining mechanism. Instead, it uses staking as a reward method for its holders. Every 10 minutes 69% of the remaining supply, currently standing at more than 14 million tokens, is given to holders staking their tokens. This will encourage people to hang on to their tokens long-term one of the reasons why the BTCBSC price predictions are so positive.
The oldest cryptocurrency on the market is still recovering from a flash crash it suffered in late August. The price is hovering around the most recent resistance level at $25,000, unable to bounce back despite the overall market trends.
Several factors caused Bitcoin price to slide this low, even going under $25k at one point. Many analysts blame the Fed's decision to stand their ground in their fight against inflation by raising the interest rate to 5.5%, the highest it has been in the last 22 years. This has caused investors to seek refuge in options with the least risk, like the US Treasury bonds.
The long-term Bitcoin price predictions are still very favorable, indicating that the coin might hit $100,000 value in the next two to three years. However, in the short term, things don't look as rosy. The factors that negatively impact the BTC price are still in effect and it is unclear whether it can make any significant gains in the next 30 days. Fortunately for the investors, options like Bitcoin BSC are still on the table, but only for investors who scramble and get them before they explode.
Launched in 2018 by Terraform Labs, Terra Classic is a brainchild of Do Kwon and Daniel Shin. The token showed a lot of promise early on, but soon various problems befell the project, impacting the LUNC token price. Last year's crypto crash, coupled with a hackers' attack, left it reeling and almost worthless. Since then, there have been several attempts to revive the project, backed by a loyal community gathered around it.
Unfortunately, all efforts amounted to almost nothing and LUNC continues its free fall. Today, it is trading at $0.00006067, a far cry from its all-time high of $119.18 in April 2022. LUNC rice forecast doesn't look favorable to the token's future. Despite the best efforts from still large community and new projects coming down the pipe like Luna2, many analysts feel that the investors' trust is simply gone. The damage done to the ecosystem seems irreversible, with only a glimmer of hope left of finding the way forward.
Even if the latest attempts at reviving the token bear fruit, chances are it won't happen soon, which makes LUNC price predictions for the next 30 days extremely gloomy.
Once hailed as the Dogekiller and supported by the massive SHIBArmy, Shiba Inu was one of the most promising meme coins on the market. However, those days are long gone and the once-popular token is struggling today. New additions to the ecosystem like Shibarium may have a chance of repairing at least some of the damage, but with tokens like WSM attracting the investors' attention, chances for that are slim.
Moving averages for SHIB in the first half of September all indicate sales, which is not a great sign for its short-term price forecast. The token is still suffering from downward pressure and lacking a clear mission will always play a factor. That is a key difference between SHIB and a new generation of meme coins like Wall Street Memes, which has its identity based on not just popular memes, but a well-defined mission that boosts its appeal to investors and traders.
Even though there is a clear possibility that Shibarium will manage to reimagine SHIB and help it bounce back, that doesn't factor in Shiba Inu's 30-day price forecast. Investors still eye it with suspicion and it will take far more than a new feature to restore their trust.
Even though the current turmoil in the crypto market is far from last year's troubles, major cryptos seem to be struggling. That is why most experts recommend sticking with new tokens like WSM and BTCBSC, especially if you are interested in short-term gains. The price forecast for them seems highly favorable and are your best bet to see profit in the next 30 days.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.