BTC Bull Token
Over $300 billion was wiped from the crypto market cap between August 6th and 7th, sending the market into extreme fear as the daily trading volume skyrocketed by 279% amidst the selling frenzy.
Although a significant blow to many established tokens, the market-wide downturn has also created exceptional buying opportunities. Let’s explore three cryptos that are showing strong potential to defy the wider dip.
BTC Bull Token (BTCBULL)
Despite Bitcoin’s (BTC) dip below $80,000, a level it hasn’t visited since March 13th, BTC Bull Token developers are confident the leading cryptocurrency will soar to the $250,000 mark and are prepared to reward like-minded investors.
Analyzing the project’s tokenomics shows its developers set aside a quarter of the total token supply for token burns and BTC and BTCBULL airdrops, which are clearly outlined in the project’s transparent roadmap.
Regarding token burns, a total of 15% of the BTCBULL supply will be burned as Bitcoin climbs to $125,000, $175,000, and $225,000, creating scarcity and upward pressure on BTCBULL’s price.
Those holding BTCBULL using Best Wallet will also be eligible for the project’s two BTC airdrops, which will be distributed once Bitcoin reaches $150,000 and $200,000.
To celebrate Bitcoin’s soar to $250,000, the team behind BTC Bull Token scheduled a massive BTCBULL airdrop, which impressed meme coin expert ClayBro, who expects BTCBULL to explode alongside Bitcoin this year.
The expert encourages his audience to enter the presale while the BTC Bull Token price is low, currently at $0.00245, and take advantage of the 93% staking APY to earn additional tokens passively without waiting for the airdrop.
Ondo (ONDO)
ONDO is the governance token of the Ondo blockchain-based cryptocurrency network that aims to bridge the gap between traditional finance and blockchain.
By tokenizing real-world assets, Ondo allows users to interact with traditional finance in a decentralized finance (DeFi) manner, so it’s no surprise its native token remains in the top 20 cryptocurrencies despite the downturn it faced since December 2024.
Although its price took a hit after the market-wide crash on April 7th, ONDO stands a solid chance to outperform other altcoins if it scores a Binance listing, which it is competing for with 11 other tokens in Binance’s second “Vote to List” round.
Since more than one token from the list is expected to secure a Binance listing once the voting ends, ONDO has a solid chance of securing a Binance listing, which fuels bullish sentiment amidst bearish market conditions.
Analyzing ONDO’s price movement over the past year, chart analyst Doji believes ONDO is gearing up for a breakout this summer.
The analyst expects ONDO to struggle between the $0.84 and $1.09 levels until June, anticipating the token will flip these previous resistance levels into support and skyrocket to $2.2 by July.
Litecoin (LTC)
As one of the oldest cryptocurrencies, designed as a Bitcoin alternative for fast, low-cost transactions, LTC is often called the “digital silver” in the Bitcoin “digital gold” narrative.
With a supply limit four times larger than Bitcoin, and blocks processing scheduled for every 2.5 minutes, opposed to Bitcoin’s 10-minute intervals, LTC is a significantly more efficient choice for everyday payments, which kept the token relevant for over a decade.
Besides its speed and convenience, LTC stands out in today’s oversaturated altcoin market as the token that’s very likely to score an ETF by the end of this year, according to Bloomberg’s researchers.
If the Canary Capital proposal for a Litecoin ETF is approved, LTC could become the third cryptocurrency with an ETF in the US, which could trigger a wave of institutional investment and push the token to new highs.
Technical analyst Erik believes LTC is now nearing the critical support level between the $56 and $62 marks, expecting the token to test the $60 level before it rebounds.
The analyst believes LTC will complete its healthy correction from its previous $130+ highs over the past few months, anticipating a surge for the token that will take it above $140 by summer.
