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Crypto prices have stagnated for the better part of 2023. Surprisingly, experts believe that crypto is a ticking spaceship that will break records in the next bull m🌸arket. During bull mar🐽ket cycles, investors benefit from low projects that have the opportunity to make 20X returns and above, compared to Bitcoin and Ethereum, which average two-figure returns only. Investing in Bitcoin is still profitable in the long run. However, investors are eyeing Shiba Inu and Bitcoin Spark for more returns.
Why is Shiba Inu down?
Shiba Inu is among the most popular memecoins that have significantly reshaped and evolved the entire blockchai꧙n ecosystem. However, the project 🍬took a hefty beating that caused its price to plummet more than 60% in the bear market in 2022. Additionally, the prevailing market conditions do not dispel any favors towards SHIB's price. The token could perform in a standard manner when the market stabilizes, and the bull market begins ahead of the Bitcoin halving event.
Bitcoin Spark is better than Shiba Inu
Shiba Inu is a memecoin, which tends to rely on social media hype from their respective communities. However, hype-drive coins usually need to perform better than utility projects. This reason projects Bitcoin Spark’s performance over Shiba Inu’s past performance records. Bitcoin Spark is a new DeFi proto🌳col that aims to bring immense changes to the current functionalities witnessed in the decentralized virtual ecosystem.
The network has an incoming high-performance netw💫ork c𒀰alled the Bitcoin Spark mainnet that will yield a powerful, self-sustaining ecosystem for the Bitcoin Spark community members. The developers are currently employing a new but seemingly effective marketing strategy to grow the brand and create awareness for the entrant, known as the innovative disruption marketing strategy. The platform has already raised millions of USD in the ongoing ICO in phase 6 by employing this marketing campaign.
Bitcoin Spark is a BTC fork whose token supply is capped at 21 million, like Bitcoin. Unlike other web3 networks, Bitcoin Spark’s vision is to generate a revenue allocation network that r♒emains profitable despite the prevailing m🦩arket conditions, using a limited supply. The network’s smart contract has a mining layer uniquely designed to generate processing power when network participants mine on the network.
The generated processing power will then be alloca🎃ted to third-party individuals and organizations at a fee paid in BTCS. The processing power is valua🍎ble when executing complex virtual activities such as resource-deprived simulations.
The payment received through these features will be allocated to the mining pools of the network 🌺and distributed to network participants, generating the processing power. The income can be withdrawn to cater for the ma෴intenance and upkeep of the miner or staked on the proof of stake feature of the network to yield more income. Additionally, 3% of the income will be dedicated to the founders' contributions in bringing the network to success.
The Spark network will also introduce marketing slots for Web3 brands looking to reach a greater audience. The marketing slot will allow the platform to monetize from the community by creating ad slots to air ꦏadvertisements for these brands. The ads will be governed by the community members holding BTCS tokens, and ads founജd to be violating the terms of service specified by the platform will be voted out.
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