The crypto market has seen a significant increase over the weekend with nearly every single coin rising in price. Market leader, Bitcoin (BTC), is currently holding support above $47k, a level it hasn't been at since the end of 2021.
Traditionally, the whole market follows what Bitcoin (BTC) does & this weekend has been no different. Solana (SOL) and Cardano (ADA) have both exploded over the past week, increasing in price by over 25%.
The presale of Caprice Finance (CFT) is just about to get underway and could provide early investors with the chance to see some monumental gains.
Is The Crypto Bull Market Back?
The crypto bull run of 2020 and 2021 saw significant gains for nearly every single crypto. Since November 2021, there has been a slight pullback with Bitcoin (BTC) falling as low as $31k. Now, as it looks to break through the $50k mark there is a lot of excitement back in the crypto space.
Solana (SOL) has rewarded its long time believers with a 24% growth over the past week. Now, the smart contract platform is trading just below the $110 mark and looks set to smash through that price point on its way to $120 and beyond.
The incredibly cheap transaction fees combined with a super-efficient transaction time make Solana (SOL) a very appealing project for many investors. With Ethereum (ETH) struggling to provide clarity on the release of the much anticipated Ethereum 2.0, many developers are flocking to the Solana (SOL) network instead.
If we are set for a brand new crypto bull run then Solana (SOL) is in a prime position to capitalise. The smart contract platform would have a price of $1233 per token if it were to reach the same market cap as Ethereum (ETH), an 11x from its current price.
Cardano (ADA) has also continued its good form over the last month or so, up 35% for this past week. Currently trading at $1.19, the smart contract network is seeking to develop features that are more advanced than any other blockchain.
Unlike other blockchain initiatives, the Cardano (ADA) project explicitly addresses the requirement for governmental supervision while retaining customer privacy and rights through a unique software design. There is a layered blockchain software stack that is adaptable, scalable and designed using the most stringent academic and commercial software standards in the market.
The price of Cardano (ADA) should easily reach the levels it set throughout 2021. What is in store in the future for the project depends entirely on how the developers can improve the network. Many analysts predict it could eventually topple Ethereum (ETH).
The Presale Is Here!
The long-awaited presale of Caprice Finance (CFT) is just getting started with excitement flowing. A revolutionary DeFi protocol, Caprice Finance (CFT) will offer:
1. The Caprice Finance Bridge - Allowing users to bridge between Ethereum (ETH), Binance (BNB) and Polygon (MATIC) to locate the best network for transactions.
2. Airdrops - Long term holders or HODLers will be rewarded regularly with extra $CFT tokens made possible from a tax percentage taken from each transaction on the network.
3. NFT Marketplace - A place where people can buy, sell and integrate their current NFTs.
4. Yield Farming - Farms and pools users can enter to provide liquidity for the network.
A presale this early in its lifespan could be one of the best investments you’ll ever make. Presale investments have a proven track record of increasing the value of portfolios. With this only the beginning of the presale, there is a good chance that your initial investment could easily 10x.
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