Man Makes A Fortune With $22 In Bitcoin: 3 Altcoins For October 2023 That Can Do This
October 13 2023 - 1:30PM
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Bitcoin’s history is filled with stories of people who put small,
disposable amounts of money into the crypto and ended up making a
fortune. This has been no different from the case of one Norwegian
man, whose throwaway $22 Bitcoin investment has turned into a
life-changing sum. When Kristoffer Koch had originally invested in
Bitcoin back in 2009, the cryptocurrency was only trading for a few
cents. Koch, at the time, was intrigued which is why he said he
made the purchase. He got 5,000 BTC for around $22 at the time,
although this figure often varies. Nevertheless, Koch ended up
forgetting about this purchase until four years later when Bitcoin
had blown up. By the time the Norwegian man got into his Bitcoin
wallet, his initial $22 purchase had ballooned into $850,000. Upon
seeing the life-changing sum, Koch revealed that he had used part
of the money to buy himself a flat in Oslo. Related Reading: US
Mega Bank JPMorgan Predicts Harsh Drop In This Bitcoin Metric As
stories like these continue to make the rounds, a question on the
lips of investors, especially those who came in later than the
likes of Koch, is which cryptocurrencies could replicate such
growth. So here are some picks that look good. Fetch AI (FET)
Brings AI To Crypto The AI narrative is still holding strong both
within and outside the crypto market and this has positioned some
projects to be able to take advantage of its expected growth. Fetch
AI’s native FET token has already shown the opportunity that lies
in this space but that was only in a bear market. A bull market
could see FET’s price rise further and do numbers. The project is
looking to democratize AI access through a crypto economy. This
means users will be able to access AI in a completely decentralized
and permissionless way unlike the AI products seen in traditional
spheres. Secret (SCRT) Challenges Bitcoin With Privacy Presently,
when the topic of privacy coins comes up, two names tend to pop up
quickly, which include Monero’s XMR and Secret’s SCRT. Secret
actually users ‘Secret Contracts’ to allow decentralized
applications to offer completely private transactions. As the
demand for privacy grows among crypto users who constantly have to
be aware of the government’s encroachment, SCRT’s value proposition
becomes even more important. Added to its low $51 million market
cap, SCRT could see a rally similar to that of Bitcoin. Radiant
Capital (RDNT) With Fragmented Liquidity When it comes to carrying
out transactions on-chain, liquidity becomes king, and this is
where Radiant Capital (RDNT) comes in. The project is looking to
consolidate fragmented liquidity in a bid to enhance the available
liquidity for decentralized finance (DeFi) protocols. Related
Reading: Bitcoin Price Plunge: Long-Term Holders Buy $1.35 Billion
Worth Of BTC This will work across a number of lending protocols
regardless of the blockchain that they are on. So instead of
hopping from one protocol to another, DeFi users can take advantage
of this using a single protocol. Radiant’s value proposition in a
sector that is continuously evolving and growing could see it put
on a Bitcoin-like rally. This could see its market cap go from its
current $70 million to billions of dollars. BTC price gearing up to
retest $27,000 | Source: BTCUSD on Tradingview.com Featured image
from MARCA, chart from Tradingview.com
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