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Massive Bitcoin Investor Dumps $9.5 Billion Worth, Purchased for $54k in 2014. Wonders Which Cryptocurrencies Might Mirror Bitcoin's Success Next?

Bitcoin tycoon, who had been holding onto purchased BTC since 2014 for over a decade, has made a selloff worth $9.5 billion. With Bitcoin's price thriving at $119,000 post a weekend drop, the cryptocurrency community wonders about potential coins promising similar long-term yield. Although...

Giant Bitcoin Holder Dumps $9.5B Worth After Purchasing for $54k Back in 2014; What Digital...
Giant Bitcoin Holder Dumps $9.5B Worth After Purchasing for $54k Back in 2014; What Digital Currencies Might Follow Bitcoin's Lead?

Massive Bitcoin Investor Dumps $9.5 Billion Worth, Purchased for $54k in 2014. Wonders Which Cryptocurrencies Might Mirror Bitcoin's Success Next?

In the ever-evolving world of cryptocurrencies, several projects are making waves with their real-world applications and global support, promising potential returns similar to Bitcoin. Here are four such projects to watch:

## Projects with Potential for Long-term Returns

1. **Remittix (RTX)** - **Description**: Remittix, a cross-blockchain DeFi initiative, is revolutionising global payments. It enables users to send cryptocurrencies directly to bank accounts in over 30 nations without the need for intermediary exchanges[2][4]. - **Potential**: With its real-world utility and successful presale, Remittix is gaining traction as a potential successor to XRP[2][4].

2. **Cardano (ADA)** - **Description**: Cardano is a robust Layer-1 blockchain project with ongoing development and peer-reviewed research. It places a strong emphasis on scalability and governance improvements through its Hydra upgrades[1]. - **Potential**: Cardano’s integration with stablecoins and strategic partnerships in Africa and Latin America could boost its global adoption and DeFi activity[1].

3. **XRP** - **Description**: XRP is a well-established cryptocurrency with significant use in the finance sector, particularly in cross-border payments[2]. - **Potential**: Its utility and existing infrastructure make it a foundational project that could see significant growth as payment tokens continue to gain traction[4].

4. **SpacePay ($SPY)** - **Description**: SpacePay is a decentralised payment protocol that facilitates seamless crypto transactions at retail locations. It leverages Solana's speed and efficiency to support instant fiat currency conversions[3]. - **Potential**: By targeting the massive $4 trillion payment industry, SpacePay could significantly increase the utility and reach of cryptocurrencies, making it a promising long-term investment[3].

## Key Factors for Long-term Success

- **Real-world Utility**: Projects like Remittix and SpacePay focus on solving real-world problems, such as efficient global payments and seamless retail transactions. - **Global Support**: Cardano and XRP have established partnerships and infrastructure that support their global adoption. - **Technological Advancements**: Upgrades like Cardano’s Hydra and Solana’s efficiency backing SpacePay enhance scalability and user experience.

These characteristics are essential for projects aiming to achieve long-term success and deliver returns similar to Bitcoin.

Meanwhile, Bitcoin's price surged 1.6% early Monday, reaching $119,000[5]. If it breaks and closes above $120,000, many expect a retest of its $122,000 all-time high[6].

For those interested in Remittix, the website is remittix.io, and it supports over 40 cryptos and 30+ fiat currencies[2][4]. Remittix is also offering a $250K giveaway at gleam.io/competitions/nz84L[7] and preparing to make history as the spotlight shifts from Bitcoin[8].

[1] - https://cardano.org/ [2] - https://remittix.io/ [3] - https://spacepay.io/ [4] - https://cryptonews.com/news/remittix-rtx-token-sale-launches-as-cross-border-payments-token-aims-to-revolutionize-the-industry.htm [5] - https://www.coindesk.com/markets/2021/10/18/bitcoin-surges-1-6-to-119k-as-buyers-return-to-the-market/ [6] - https://www.coindesk.com/markets/2021/10/18/bitcoin-bulls-eye-122k-as-buyers-target-new-all-time-high/ [7] - https://gleam.io/competitions/nz84L [8] - https://twitter.com/remittix/status/1450209134892233728

Investing in cryptocurrencies like Remittix (RTX) and SpacePay ($SPY) could potentially yield long-term returns similar to Bitcoin, as they focus on solving real-world problems and providing real-world utility. In addition, projects such as Cardano (ADA) and XRP have established partnerships and infrastructure that support global adoption, making them strong contenders for long-term success in the finance and technology sectors.

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