Bitcoin is ready for its 5th cycle. Find out in this article why it is good news for these cryptos rallying in 2022.
Bitcoin, the
unlikely king of cryptocurrencies, reached its all-time high of $65,000 in November 2021, further boosting the industry’s prospects. You can imagine the impact created in the crypto community, with many sources of low-cost alternatives for profit. However, the coin has lost 50% of its value and is still struggling.
2022 was not a good year for many altcoins, with some outright eliminations. This has caused a decline in market interest, as many believe that investing now would be useless. However, if the 5th supercycle passes, there will be a resurgence or even an explosion of value.
New developments in utilities such as NFT have sparked renewed interest in cryptocurrencies. Once advertised as decentralized payment solutions, these coins are doing more than just making transactions happen. As a result, many now see them as assets worth holding for the future.
The Bitcoin Super Cycle and what it means for other coins
Bitcoin had a negative run in 2022, struggling to maintain much of its former value in 2021. Despite the bearish trend, it still ranks above all altcoins, with the closest rivals being Ethereum and Binance Coin.
A super cycle refers to a long-term bull market that lasts several years. During this period, the price of the commodity increases and maintains steady growth. While you may not consider BTC to be a commodity, the cryptocurrency has witnessed four cycles, with the last one leading to its all-time high.
The first super cycle for Bitcoin started in 2009 until 2011, while the second went from 2012 to 2015. Shortly thereafter, the third cycle continued until 2019, when it succumbed to the fourth cycle that had just ended. Bitcoin’s biggest price jump came in the fourth bull run, with an astounding $65,000.
During these cycles, money went through two phases, speculative and accumulation. The speculative saw the currency as a high-risk investment, while the latter saw investors buying it for holding.
After completing its fourth super cycle, BTC is now more likely to start its fifth. Although the predictions are still confusing as the cryptocurrency market is highly volatile, Bitcoin could return to the buying zone. This will spur a rush to its acquisition, as many expect to profit in the coming year.
What it means for other Altcoins
Bitcoin is already expensive, and you’ll need significant capital to invest it. The super cycle will bring renewed interest in altcoins as people look for low-cost alternatives to BTC. In addition, it is better to spend less money in this highly speculative crypto market.
Even among altcoins, not everyone has the potential to make a bull run after Bitcoin’s 5th super cycle. As a result, you need to carefully consider your options before investing in them.
Fortunately, some still hold a lot of promise. Two cryptocurrencies immediately come to mind: TAMA and IMPT. These projects have been touted to be the next big thing in the cryptocurrency industry. This is not surprising as the community moves towards environmental sustainability and symbolic utility. Let’s see if we value these tokens in the midst of the Bitcoin 5th Super Cycle in 2022.
TAMA – Meme meets utility
This attractive meme coin has raised over $15 million in pre-sales and experts believe it will reach 10x in the future. Those who bought at its presale value of $0.01 have already raked in 400% returns. Of course, many others will want to profit from this disruption of the ecosystem.
Tamadoge combines a play-to-earn (P2E) metaverse game with NFT and a meme coin. This combination gives it a position of strength and pushes it towards environmental sustainability. As seen, it is not just a token focused on payments, but a complete ecosystem.
The P2E game uses NFT as pets, with the official currency being TAMA. Bring them together and we have the bubbly Tamaverse that allows users to go out and compete.
The game takes inspiration from Tamagotchi digital animals, which Bandai, a Japanese toy manufacturer, created in the late 1990s. Users buy or mint them in childhood and train them until they are ready for battle. In addition, in-game winnings give Dogepoints, which users can redeem for TAMA tokens.
It’s a pretty exciting setup that could fly with Bitcoin’s 5th super cycle. The low cost and growth potential in the coming months represent a unique opportunity. Currently, the token is available on various exchanges, including LBank, Uniswap, OKX, and BitMart.
IMPT – An eco-friendly project
IMPT is different from other cryptocurrencies on the market. Although still in presale, which presents a perfect opportunity to profit, the coin aims to solve a real-world problem. It ranks among the best green cryptocurrencies and offers the potential to alleviate the global climate crisis.
IMPT works with thousands of companies and organizations around the world to help them reduce their carbon footprint. Such a strategy will generate ripples in the crypto community, resulting in increased interest.
The “merger” of Ethereum resulted in a 99.5% reduction in energy consumption, an impressive feat if you ask us. You may be wondering why we mentioned ETH and how it relates to IMPT.
This eco-friendly project comes from the Ethereum blockchain and will benefit from changing the network into a proof-of-stake consensus mechanism. Its presale will last until November 25 or until it runs out of its 600 million tokens at $0.018.
There will be a second phase with 660 million tokens for sale and a third with 540 million tokens. IMPT is a strong competitor in Bitcoin’s 5th super cycle because it is cheap, useful, and good for the environment.
The 5th Bitcoin Super Cycle – Conclusions
As Bitcoin prepares to enter its fifth super cycle, there could be renewed interest in cryptocurrencies in 2022. Those who do not have enough to invest in the expensive but speculative Bitcoin market can opt for low-cost altcoins. Among them, TAMA and IMPT stand out.
Both coins have utility value that will see them outlive many payment-focused options. So, if you’re looking for viable alternatives for 2022, these low-cost options could be the perfect solution.