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Bitcoin Nears $110k, But This Newcomer Can Surprise You!

Buying pressure on Bitcoin is rising and Nebula Stride (NST) is changing gears to become a major player in the industry with its benefits.
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Bitcoin Nears $110k, But This Newcomer Can Surprise You!

Highlights

  • Bitcoin's (BTC) dropping exchange reserve suggests further price hike.
  • Nebula Stride brings fractional ownership of real-world assets, tapping into a multi-trillion-dollar industry.
  • NST’s groundbreaking tokenization make it a strong contender for 2025

After smashing the $100k mark, Bitcoin (BTC) managed to maintain its bullish momentum  as it is now targeting the $110k resistance level. This might help instill more bullish sentiment in the market that has the potential to allow multiple cryptos turn their charts green. Among them, Nebula Stride (NST) seems to be a strong contender, considering its offerings. 

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Will Bitcoin cross $110k soon?

The Bitcoin price witnessed a more than 16% price hike in the last seven days. Thanks to that, the king of cryptos was trading at $108k with a market capitalization of over $2.14 trillion. IntoTheBlock’s data revealed that 54.17 million BTC addresses were in profit, which accounted for 100% of the total number of BTC addresses. In fact, latest data revealed that the chances of BTC price going further up are high.

The Bitcoin Rainbow Chart pointed out that the coin’s price was in the accumulation zone. This opens up an opportunity for investors to stockpile BTC at an attractive price. In fact, investors took this opportunity to accumulate in the last 24 hours. This was evident from BTC’s dropping exchange reserve—a sign of a possible price hike in the coming days. 

Source: CryptoQuant
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Nebula Stride: A new contender that can explode 

While BTC inches towards the $110k mark, Nebula Stride (NST) is also making headlines. By creating user-friendly infrastructure and concentrating on the real-world economic front, Nebula Stride allows for fractional ownership of tangible assets, creating access to a multi-trillion-dollar industry that was previously only available to the affluent.

This real-world anchor could drive a substantial price surge and fuel massive investor adoption of NST—allowing the crypto and the blockchain to become one of the pioneers in the industry going forward. 

Additionally, NST serves institutional funds and individual investors looking for tangible assets, which are supported by a wide-ranging ecosystem in the Real-World Assets (RWA) sector.

The token’s price, currently $0.02, holds high potential returns as the platform scales and tokenization gains traction, offering a low entry barrier with significant upside.

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Key Takeaways!

Latest data revealed that Bitcoin is on the right track to cross the $110k mark. In the meantime, Nebula Stride (NST) is also gearing up to become a major player in the crypto space. NST showcases its robust capabilities, which can create buzz soon. Ergo, investors shouldn’t miss out on this token, as the possibility of Nebula Stride (NST) skyrocketing are high.

​​Links to official resources:

 

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Dipayan Mitra

Dipayan is a full-time journalist and editor working in the Web3 domain. He has over 4 years of experience in the media industry. A graduate in journalism, Dipayan has a keen interest in keeping himself updated with the latest developments in the crypto-space. Technical analysis and assessing market trends is what he specializes in. His work has been featured on popular crypto platforms like AMBCrypto.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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