Can These New Crypto Icos Repeat the 2013 Bitcoin Price Rally?

A decade ago in 2013, Bitcoin was a relatively obscure concept, known mostly to computer scientists and university students. The cryptocurrency’s price reflected its modest outreach – BTC started the year trading near the $13 mark.

However, 2013 was also the first-ever year in which the Bitcoin price displayed a legitimate bull run. The largest cryptocurrency traded as high as $1241, representing a growth of over 5800%.

A CNBC coverage video from 2013, that recently went viral on social media, shows Bitcoin hitting the $100 mark for the first time. Later that same year, BTC surged past the $1000 mark as well.

In another first, Bitcoin exceeded the spot price of Gold in November 2013, a historic moment considering the constant comparisons between the two assets. To sum it up, Guillaume Babin-Tremblay, executive director of the Bitcoin Embassy, called 2013 “the year of Bitcoin”.

New Token ICOs That Could Replicate 2013 Bitcoin Price Rally

With the Bitcoin halving scheduled for April 2024, experts are projecting the onset of another bull market, starting with an “Uptober” rally – interestingly, the concept of Uptober can also be tracked back to 2013 when BTC surged by 48% in the month.

However, it is unlikely that Bitcoin will ever display the same growth as it did back in 2013. After all, the BTC price is currently at $27,600, which represents a 100x growth from its price a decade ago in October of 2013.

Even Michael Saylor’s Bitcoin price prediction of $1 million would only represent a 36x growth.

With that in mind, we are listing 3 new presale tokens that could potentially replicate the 2013 Bitcoin bull run.

Bitcoin Minetrix (BTCMTX)

Also in 2013, a Chinese hardware company released the first Application Specific Integrated Circuits (ASICs) for Bitcoin mining, revolutionizing the industry by offering billions of times more computational power.

A decade later, Bitcoin Minetrix is attempting to shake up the sector as well, making mining rewards accessible to everyday retail investors.

As Bitcoin became increasingly popular and the number of BTC transactions surged exponentially,

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Author: BeInCrypto Team

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