Shiba Inu investors are now diverting their funds to a new Bitcoin ICO called 99Bitcoins in search of potential gains of up to 1,000%. The price of Shiba Inu reached its highest level since April, rallying to $0.000029s earlier in the day. As the second-largest meme coin in the industry, Shiba Inu has seen a 12% increase since the beginning of the week. This surge can be attributed to the growing bets on the growth of the Ethereum ecosystem following the approval of Ethereum ETFs. These ETFs are expected to attract institutional investors, which could benefit meme coins like Shiba Inu and Pepe. Technical analysis suggests that Shiba Inu may continue to rise, with the possibility of reaching yearly highs above $0.000045. However, due to its high market cap of $16 billion, it may be challenging for the coin to achieve gains greater than 2-3x in this bullish market. In light of this, Shiba Inu holders are exploring new projects that offer higher profit potential. One such project is 99Bitcoins, a new Bitcoin ICO that has gained significant attention. Analysts at Cryptonews have ranked it as one of the best cryptocurrencies to invest in for 2024. 99Bitcoins aims to address the lack of knowledge about cryptocurrency through its learn-to-earn concept. With a strong presence in the crypto education space, 99Bitcoins is set to revolutionize this concept with its new L2E platform. The platform has already garnered a substantial following, with over 700,000 subscribers on its YouTube channel, over 100,000 enrolled students, and a massive email list of 2.6 million. The platform’s new token, 99BTC, can be won by users as they learn on the platform. The presale of 99Bitcoins has been highly successful, with investors purchasing nearly $1.7 million worth of tokens within a few weeks of its launch. Crypto enthusiasts are also attracted to the project for its airdrop and staking benefits. 99Bitcoins is running a $99,999 BTC airdrop competition, and 14% of the 99BTC token supply is reserved for staking rewards. Presale investors are already earning APYs over 982%, allowing them to potentially double their initial investment in just one month. With its potential to become a market leader, 99BTC is considered one of the best presales for 2024 by analysts at Cryptonews. However, it’s important to note that investing in cryptocurrency carries high risks, and this article is for informational purposes only and does not constitute investment advice.
