The crypto world is buzzing with anticipation. Now analysts and investors are abuzz with new optimism. They forecast the onset of a strong bull run that would probably play out from late 2024 into early 2025. The magic number everyone's talking about? $100,000. This isn’t simply the stuff of dreams – Bitcoin has already flexed its muscles, breaking through all-time highs and psychological barriers.

When Bitcoin hit a new all-time high of $73,800 in March 2024, the writing was on the wall. Then, on May 8th, it even managed to pop above the $100,000 mark—talk about raising expectations! This was a huge positive rally, causing about $837.80 million in short liquidations within a single day. It was the biggest liquidation wave since 2021. That means there has been a dramatic turnaround in the mood of the market with more traders wagering that Bitcoin will keep going up. Adding to this perfect storm is the April 2024 Bitcoin block reward halving. As you may know, bullish market cycles have followed these halving events throughout history. In doing so, the goal of raising $100,000 seems more and more possible. Crypto experts are analyzing Bitcoin's price movements, and many are forecasting that it will trade within specific ranges, with some predictions pointing towards that coveted $100,000 price tag.

What does all of this amount to for altcoins? On the whole, a rising tide lifts all boats. So, if BTC climbs to even $100,000 that will likely increase the entire crypto market by a massive amount. With that in mind, let's look at three altcoins—JetBolt (JBOLT), Solana (SOL), and Injective (INJ)—that could potentially benefit from Bitcoin's anticipated rise. Remember, this is not financial advice. As always, conduct your own diligence and keep risk in focus.

Altcoins to Watch

Here’s what we’re looking at as three altcoins that stand to gain the most ground as Bitcoin continues its expected upward climb.

JetBolt (JBOLT)

JetBolt is a unique, robust client-side application layer. It runs on the Skale Network, which is a Layer-1 blockchain designed to help launch additional Ethereum-compatible Layer-1 blockchains. It’s doing so with an ambitious mission of solving some of the Web3’s greatest hurdles, including usability and excessive transaction costs. Another attractive feature is the zero gas fees, which makes it 100% free to transact on – for users and developers. This is a huge game-changer! High gas fees pose significant barriers to new users and innovators.

JetBolt offers a simple crypto wallet for consumers as well as low-code developer tools. This makes it even easier for those looking to explore the world of crypto. It enables developers to build decentralized applications (dApps) on the Ethereum network. The platform has a lucrative staking program built-in for users who actively engage. This makes everyone want to experiment even more and get the most out of their experience with JetBolt. Participants in the staking system are delivered daily rewards, incentivizing users to come back every day to engage with the ecosystem.

For the moment, JetBolt is in its presale phase, so it’s not listed yet on major exchange platforms. That is an enormous opportunity, but a major risk. This is your chance to get in on the ground floor of something pretty special. The upside potential for this opportunity is enormous! The danger is that presale investments are by nature riskier than investing in well-established coins already available on exchanges.

Solana (SOL)

Solana is a high-speed, high-scalability blockchain. It focuses more on general scalability than on customization, with an eye toward pioneering a high-throughput platform for decentralized apps. Solana’s technical design allows it to reach gigabyte-per-second speeds in quickly propagating blocks around the world. That speed is achieved due to numerous innovations. One particularly critical innovation is Proof of History (PoH), which functions like a high-frequency clock. It permits validators to execute transactions locally and in parallel without breaking the global consensus.

Solana’s innovation unlocks its ability to leverage parallelization across GPUs and SSDs to maximize transaction throughput. Its single-threaded design produces lower raw throughput than Polkadot’s parallel parachains model. Just as Cosmos is bigger than the IBC launch, Solana is already a big project with a bustling ecosystem of dApps and an established community. It’s listed on all the major exchanges, adding to the accessibility of the asset for investors.

Here's a quick look at the pros and cons of Solana:

  • Pros:
    • High speed and scalability
    • Well-established ecosystem
    • Listed on major exchanges
  • Cons:
    • Centralization concerns
    • Network outages

Injective (INJ)

Injective is an order book-based DEX protocol. It aims to promote a fast, secure, and interoperable digital assets trading platform embracing numerous crypto assets. Like any DeFi application, Injective is exposed to a changing regulatory environment which could affect its ability to operate. It provides spot trading, margin trading, and derivatives trading. Interoperability Injective is built to be natively interoperable with other blockchains. This empowers users to exchange assets across various ecosystems all within a single platform.

INJ is the native token of the Injective protocol. It’s used for governance, staking and paying transaction fees. With listings on big exchanges like Binance and KuCoin, Injective’s pretty easy to get your hands on.

Potential investors should be aware of the risks associated with INJ:

  • Volatility: The value of INJ can fluctuate rapidly.
  • Security risks: As with any blockchain-based project, there is a risk of security breaches or exploits that could impact the safety of INJ.
  • Market risks: INJ is a relatively new token, and its market may be subject to manipulation or other market-related risks.
  • Investment risks: As with any investment, there is a risk of losing some or all of the investment.

Navigating the Crypto Seas: A Word of Caution

Bitcoin going to $100k and the resulting outpacing gains from altcoins are exciting dreams. It’s important to approach the crypto space with skepticism and caution. We all know that the crypto market is extremely volatile and things can tank 20%, 30%, even 50% in a matter of hours. This is to say, there’s never a guarantee you won’t lose all your money—even with blue chip coins such as Bitcoin and Ethereum.

No matter which altcoin you invest in, always remember to DYOR – Do Your Own Research. Do not take everything at face value, follow the hype and FOMO (fear of missing out). Assess the project’s long-term viability based on its fundamentals, development and management team, technology, and community. Know that there is risk and only invest what you can afford to lose. Remember, diversification is key to managing risk. The lesson here is don’t put all your eggs in one basket. Diversify your holdings among various asset classes to mitigate your risk portfolio.

The strategies highlighted in today’s article are for informational purposes only and do not constitute financial advice. You should always make investment decisions based on your own financial situation and in consultation with a qualified financial advisor. As always, here at KnowingCoin.com we arm you with the weapons so that you can own your chain and win the game. No hype, no FOMO—just crypto grit and philanthropic sage.