As Bitcoin Spark forges ahead through its presale phases a captivating question arises. Could it be outpacing the once-dominant Shiba Inu? Bitcoin Spark’s growth trajectory looks to be surpassing that of Shiba Inu as its ICO heats up.
Bitcoin Spark (BTCS)
Bitcoin Spark is a blockchain project striving to offer innovative solutions in the cryptocurrency space. It brings a unique approach to mining, application development, and revenue generation. Bitcoin Spark brings innovative features and capabilities to the blockchain and cryptocurrency space via its Proof-of-Process mechanism. Many cryptocurrencies, including Bitcoin Spark, utilize mining to secure the network and validate transactions. Miners use their computational power to solve complex mathematical puzzles, and in return, they are rewarded with new cryptocurrency coins or tokens. PoP combines PoW and PoS, aiming to equalize the crypto mining arena, which has become a preserve of a few in the BTC ecosystem. Through its robust Bitcoin Spark application, BTCS allows processing power rental to empower anyone to mine and enjoy fairly distributed rewards.
BTCS plans for future token utilities, including transactions, smart contracts, and governance within decentralized applications (dApps). With a convincing smart contract audit and KYC, the BTCS infrastructure is stable, secure, transparent, and compliant.
BTCS ICO phase four is surging ahead, with many investors onboarding the platform through its affordable ICO pricing, currently at $2.25, with a 10% bonus for early adoption. A successful BTCS token launch at $10 would see phase four holders attain an ROI of 489%.
Is Shiba Inu Still Gaining New Hodlers?
Despite the overall downturn in the cryptocurrency market, Shiba Inu (SHIB) continues to grow its holder base, surpassing 1.26 million total holders. Shiba Inu has added more new holders, demonstrating ongoing interest in the meme coin.
It’s worth noting that the total number of active Shiba Inu addresses is less than 5% of its total addresses, indicating decreased activity for the digital asset. Additionally, large Ethereum whales have reduced their holdings of SHIB, further contributing to the bearish sentiment. The majority, around 70%, of Shiba Inu (SHIB) holders are considered long-term holders, meaning they have held onto their SHIB tokens for over a year. Additionally, a significant portion of SHIB’s circulating supply, approximately 77%, is held by investors and large holders (whales) who possess at least 0.1% of the available tokens. This concentration of tokens among larger holders and the presence of long-term investors indicate a certain level of commitment and confidence in SHIB within its holder base and notable outflows into Bitcoin Spark’s ICO presale.
Why Has Shiba Inu Stalled?
While SHIB’s holders’ base has been steadily increasing, its price has not shown a positive response to these milestones. Despite achieving significant milestones like crossing 1M wallet addresses after the Shibarium launch, SHIB’s price remains stagnant. The lack of price movement despite growing interest and holder count suggests that Shiba Inu’s performance is disconnected from its native token’s price. With the bear market prevailing, SHIB continues to trade slightly above $0.000008. If momentum does not improve, SHIB could drop to below $0.000007 before the end of the year.
More details about Bitcoin Spark (BTCS) here:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register