Bitcoin has made an exciting comeback already in recent days but billionaire Mark Cuban is convinced it can go “way higher than you think” still.
Cuban did not reveal any particular price target for BTC but was super positive on what the future may hold for the world’s largest cryptocurrency by market cap in his latest post on X.com.
What could drive BTC price up in 2024?
Mark Cuban agrees that Donald Trump in the Office would be constructive for Bitcoin. But expects “lower tax rates and tariffs” to primarily be the catalysts for Bitcoin price appreciation.
Global uncertainty amidst geopolitical tensions and their impact on the USD as the reserve currency could make BTC a “safe haven” globally, he added.
If Bitcoin does indeed rally as Cuban forecasts, its strength will likely reflect in other cryptocurrencies as well (as it typically does) including Blackjack. Let’s explore what $JACK has in store for potential investors in 2024.
Blackjack exposes you to rapidly growing markets
Blackjack merges gambling with cryptocurrency to create a platform that essentially offers you exposure to two of the fastest-growing markets out there.
Online gambling, for example, is expected to hit close to $98 billion in revenue this year and the market is projected to grow at a compound annualised pace of 6.46% through 2029.
And then there’s the meme coin market that wasn’t even big enough to be called a market before the pandemic. But by the end of that health crisis, it had already garnered a valuation of well over $20 billion.
Interested in finding out more about Blackjack and its native $JACK coin? Click here to visit the project website now.
Blackjack ($JACK) is set to launch on July 31st
Blackjack may be an exciting investment for the back half of 2024 particularly because it’s about to launch on July 31st. Building an early position in an anticipated meme coin like $JACK could translate to significant returns moving forward.
Plus, the native Blackjack coin will likely go for pennies in during its upcoming presale, which means you won’t have to break the bank to build a sizable position in $JACK.
After the presale, the team behind Blackjack will likely choose to list the native meme token on a notable crypto exchange that tends to help with price appreciation.
Click here if you’d like to explore simple steps in which you can invest in the upcoming $JACK presale.
Broader crypto tailwinds could help $JACK
Lastly, it is noteworthy that meme or not, Blackjack is a cryptocurrency at its core, which means it can potentially benefit from the broader crypto market tailwinds.
These include expectations that the US Federal Reserve will begin cutting interest rates in September.
Once the central bank adds leniency to its monetary policy, investors tend to park more of their capital into risk-on assets like cryptocurrencies that now include the native Blackjack coin.
$JACK may be an exciting investment for the coming months also because it’s built on the Solana blockchain and Solana-based meme coins have done well in 2024.
You can dive deeper into the details of Blackjack as an up-and-coming crypto platform on the website at this link.
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