Despite SEC’s chair, Gary Gensler denying Bitcoin the status of a security on Thursday, Bitcoin experienced a surge. Bitcoin reached $65K, its highest price level since late July. This sudden spike is expected to increase investor interest in altcoins as we approach the final months of 2024.
Worldcoin’s 31.2% rally last week will make it an obvious choice for investors in the upcoming bull cycle. Bitgert, another promising project, could experience growing investor interest. Bitgert’s ongoing campaigns and ecosystem developments make it one to watch.
In the following paragraphs, we will consider which of Worldcoin and Bitgert has more potential in the final quarter.
Worldcoin Could Reclaim a New-All Time High
Worldcoin is an open-source protocol developed to grant users access to the global economy. Since Worldcoin was launched in mid-2023, it has been an international success, registering over 16 million users across several countries worldwide.
In mid-September, Worldcoin was launched in Poland, granting World IDs to new Polish users. Worldcoin soared by 10% during this period. Shortly after reclaiming the crucial $2.0 price level for the first time since August, Worldcoin’s WLD hit a new 30-day high around mid-day on Thursday. When writing, Worldcoin recorded a 31.2% week-long rally and a 17% daily spike, making it one of the top gainers in the entire crypto market. Worldcoin is showing more bullish signs, confirming an upside price reversal.
Despite the current security issues in South Korea, analysts believe Worldcoin’s increased adoption could see WLD reclaim a new all-time high in the coming bull market.
Bitgert: Enjoying an Influx of Developers
Bitgert, one of the fastest-growing L1 solutions, experienced another bump in developers’ immigration in September. Ongoing monthly campaigns like the Bitgert Startup Studio Campaign and the Bitgert Hackathon for memecoin developers significantly contributed to the influx of new users and developers into Bitgert’s ecosystem. The Bitgert community counts well over 600K users, processing over 2K transactions daily.
Bitgert community encourages active participation in its monthly contests, where users can win lucrative prizes. For instance, 10% of creators participating in the ongoing #BitgertVideoContest would win rewards of up to $10K.
The influx of developers flocking into the Bitgert ecosystem could see steady growth in the next few weeks, skyrocketing Bitgert’s $BRISE market value. Now trading at $0.00000008, the current market momentum could see Bitgert experience a healthy correction before breakout next week.
Worldcoin and Bitgert are two promising projects investors could look to accumulate in Q4.
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