2140: Skyrocketing To The Crypto Stars Or Dreaming Before The Crash– Bitcoin (BTC), Stellar (XLM) & Apecoin (APE)

What goes up, must come down. However, this rule bends when it comes to cryptocurrency. What goes up doesn’t necessarily come back down, nor do downward spirals always recover. This is widely understood, in the metaverse. The bearish conditions of 2022 made the crypto market challenging to exist within, however, 2023 has seen many coins pass their lowest thresholds and enter a new dawn of prosperity. In this article, we’ll examine the nature of Bitcoin’s value and longevity, as well as the anticipated rise and fall of two cryptocurrencies in tandem, Stellar (XLM) and Ape coin (APE).?

Has Bitcoin (BTC) entered a Wormhole?

Bitcoin (BTC) exists uniquely amongst all cryptocurrencies that have spawned since. Entering the metaverse with a bang in 2009, Bitcoin launched as the first-ever cryptocurrency and remains the most popular and valuable digital currency in blockchain technology today. It's a good indicator of the market trends in general, being that all coins derive from Bitcoin’s creation. The bearish and destitute conditions of the crypto market in 2022 impacted the entire blockchain ecosystem, including Bitcoin. By the end of 2022, Bitcoin’s price point was down 50% from its all-time high. Due to Bitcoin’s origins, it is hard to imagine a coin that could surpass its value, not only in price but in significance. As such, one could say Bitcoin has entered a wormhole of sorts. There’s no turning back from the creation of cryptocurrency, however, the question of what is on the other side of Bitcoin’s odyssey, and in turn, crypto as a whole, is still to be determined.?

The Bitcoin ecosystem is still developing and is predicted to continue to evolve over the ensuing decades. Once the cap of 21 million coins is mined however, no new bitcoins will be released. Bitcoin creator Satoshi Nakamoto established this to ensure a virtual currency without inflation. Mining is the process of verifying transactions and adding new blocks to the Bitcoin network. At the time of writing, 19 million Bitcoins have been mined. With roughly 2 million Bitcoins left, what will happen to the digital assets of all who have invested in Bitcoin’s expedition? Bitcoin’s supply is predicted to expire in the year 2140. However, it is theoretically possible to alter Bitcoin’s code and increase its limit. A controversial decision, which could be disastrous for the universe.

How does this affect the value of Bitcoin and altcoins to follow?

Much to the delight of investors worldwide, 2023 has come in hot with a boom and a bang. The crypto metaverse is continuously expanding. This is reflected in the current rise in prices, which for many crypto coins is mostly a ripple effect of Bitcoin's surge.

Stellar (XLM) A real star-blazer

Price charts indicate that Stellar (XLM) and Bitcoin (BTC) are moving through a similar trend so far in 2023. The Stellar network is an open-source, decentralized payment protocol that enables real-time transactions to seamlessly occur anywhere in the world nearly at the speed of light. The coin operates as an intermediate currency, converting money into XLM and then into any selected currency in less than 5 seconds. Stellar (XLM) has issued several improvements to its network which earned the coin a place on Robinhood, a leading cryptocurrency exchange that aided in XLM’s significant spike in price. Stellar’s (XLM) price increased within an ascending parallel channel from the start of 2023, reaching a high of $0.096 on January 24, and continues to rise with the potential of reaching a long-term resistance area of $0.0102. Despite the market stalling in the past week, experts believe XLM may enter a bullish trajectory, a real star-blazer.?

Ape Coin (APE) Coming to Terms with a Need to Evolve

As Stellar (XLM) continues to elevate, Ape Coin (APE) is left behind on bearish territory. Ape Coin (APE) is a decentralized coin created for use within the ecosystem of Bored Ape Yacht Club (BAYC) the most well-known collection of NFTs on the market. Designed for the purpose of supporting the evolution of art, entertainment, gaming, events, and everything else web3 dreams up, APE is a coin capable of evolving within multiple sectors of the blockchain market and metaverse.?

Unfortunately, the asset has attracted a bearish momentum as the Bored Ape Yacht Club is currently under investigation by the Sec (US Securities and Exchange Commission). It’s an ongoing investigation that will decide whether or not BAYC will be classified as a security, which would drastically affect the way BAYC and APE function with limitations. After the announcement of the investigation, Ape Coin plummeted by 14%. At the tail end of January 2023, Ape Coin had overcome a descending channel that kept it bearish. The price of APE makes a slow climb in trend with BTC, a gravitational force moving things forward, as ever.?

Plans are in place for Apecoin (APE) to be used for games and merchandise, with many investors buying Apecoin (APE) now believing its value will increase in the future. Should NFTs continue to rise in prominence, experts predict APE will remain at the forefront and rise in value. As a result, APE could reach the value of $75 by 2030. But who’s to say where APE or any altcoin will be by 2140. Perhaps, only Bitcoin can determine.