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Bitcoin Soars Past $35,000. Here is an altcoin set for 300% gains 

6M ago
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Bitcoin Soars Past $35,000. Here is an altcoin set for 300% gains

The world’s largest cryptocurrency, Bitcoin has surged over the $35,000 resistance level, defying market expectations for a correction. While the price chart might show some volatility, the robust buying momentum sets the stage for Bitcoin to maintain its current position and possibly reach new heights. 

What’s even more exciting is that global asset management firm, Alliance Bernstein anticipates Bitcoin’s price could reach $150,000 by the year 2025. In addition to this firm’s analysts, several others strongly agree that the recent price surge is closely tied to the anticipation of approvals for spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). 

Furthermore, an analyst on Twitter (X) platform has also made a prediction, suggesting that the price of Bitcoin could potentially range between $90,000 to $130,000 by November 28, 2025.

But that’s not all—there’s a whole world of altcoins out there, some already on the rise, and others poised for gains in the weeks ahead. One such top altcoin is Vulcan Forged (PYR) which has taken center stage, boasting an impressive gain of over 27% at the time of writing. 

Is PYR set to enter the top 100?

Amidst Bitcoin’s spectacular rally, there’s another player gaining significant attention in the Web3 gaming space – Vulcan Forged (PYR).  

As Vulcan Forged PYR has been making waves with a series of impressive performances, its current price at $5.52 and a 24-hour price rise of 27% have garnered significant interest from the crypto community. Despite potential price chart volatility, Vulcan Forged PYR’s strong buying momentum is undeniable.

Moreover, the PYR token is already listed on top crypto exchanges, including Binance, KuCoin, and others. Its recent listing on South Korea’s prominent exchange, Bithumb, has further positioned and expanded its reach into the Asian market.

But PYR is not the only reason to keep an eye on Vulcan Forged. The platform is the ultimate web3 ecosystem. It has been experiencing exponential organic growth over the last two years, attracting over 200,000 users across 15 games and dApps without external capital. 

With a portfolio of hit web3 gaming titles such as VulcanVerse, Forge Arena, and Berserk, Vulcan Forged is on the verge of revolutionizing the metaverse landscape. Their upcoming release, MetaScapes, introduces a patented metaverse-as-a-service engine that enables users to effortlessly create and manage their metaverse lands stored as NFTs. This groundbreaking technology empowers gamers to become virtual world creators without requiring coding skills.

Vulcan Forged Metaverse, MetaScapes, aims to be a strong player in the growing world of metaverse gaming, promising an immersive experience like no other. 

Besides metaverse, Vulcan Forged is leading the way into the future with its first-ever Oculus VR NFT Game, Tartarus. This pioneering integration of NFTs and virtual reality is set to make Tartarus the FIRST-EVER Oculus VR NFT Game. With these groundbreaking innovations in gaming, metaverse, and NFTs, Vulcan Forged presents an exciting prospect for investors and enthusiasts alike.

Analyst’s Bullish View on PYR 

As Vulcan Forged PYR has witnessed price increases in the past 24 hours, analysts are closely observing PYR’s movement, anticipating potential price movement in the near future. Rekt Capital, crypto trader and analyst, on Twitter (X) platform highlighted that PYR should be able to reach $6.72 while another analyst, Crypto Feras, has drawn attention to PYR’s potential breakout after 550 days of accumulation. According to his insight, the rule of thumb in cryptocurrency is that the longer the accumulation period, the stronger the breakout tends to be. 

In a bullish view, Karan Singh Arora, a crypto educator, also anticipates that PYR is now breaking out of a significant accumulation zone, potentially leading it to reach $9 in the near future. These views paint an optimistic outlook for PYR . 

Will Bitcoin continue its remarkable run, defying market expectations? Is Vulcan Forged PYR set to become the next game-changing altcoin? The answers to these questions lie in the dynamic and ever-evolving world of cryptocurrencies. 

Let’s wait and watch because the crypto journey promises to be nothing short of excitement.

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of CoinChapter. CoinChapter will not be responsible in any way for the content of the same. Do your research and invest at your own risk.

The post Bitcoin Soars Past $35,000. Here is an altcoin set for 300% gains  appeared first on CoinChapter.

6M ago
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1

bearish:

0

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