2024 will go down in crypto history as the year that the industry finally got the coveted spot ETF approval. It meant not only greater institutional acceptance of crypto as a whole but also financial success for the world’s biggest token. Bitcoin saw a long-awaited bull run and even reached a new all-time price high of $75,830. Now, analysts believe that Bitcoin could far surpass this price point.
As this unfolds, a new token is rising in prominence thanks to, ironically, tokenization.
Bitcoin already had a good 2024 but it could do even better if several factors fall into place. First, there are the upcoming US elections. Both top candidates for the presidency have expressed pro-crypto views and the impact on the Bitcoin price (plus the wider industry) could be significant depending on who wins. There was also the decision by the feds to cut the interest rate, which saw a brief spike in the value of Bitcoin.
Outside of politics, we have to consider institutional investment. There was a massive wave triggered by the spot ETFs but some analysts believe that there is more to come. Bitcoin futures contracts have been grabbing headlines in the last week and should they continue to attract attention, we could see the beginning of the next bull run. There is some debate among experts about whether this new bull run will be late 2024 or 2025 but generally speaking, $100,000 seems to be in view.
There are many investment vehicles in the world and many people who want to invest in them. As such, any project that makes this process seamless is basically set up for success. This is good news for UNITS, a blockchain project designed to facilitate the sale of tokenized real-world assets (RWAs) to investors. Typically, an investor would have to cough up tens, if not hundreds, of thousands of dollars to buy into high-value real estate, fine art, and luxury collectibles. The there are other barriers like geographical location and the tedious process of formalizing ownership.
UNITS cuts out all of these barriers by listing fractionalized pieces of ownership in these sorts of investment vehicles. Users can log on to the site and buy ownership in assets via NFTs. These NFTs can easily be bought and sold, removing the barriers of transfer and making them more accessible to all. One of UNITS’ flagship offerings is 16 new high-value properties that are pegged to bring in 11 to 12% return in the first year alone. Then there is the UNITS token, which is arguably the star of the show; the asset is based on a deflationary system, meaning it will continue to increase in value thanks to token-burning efforts. The token is going on sale in a matter of days, with a listing price of $0.16. Once it hits the market fully, analysts believe that it will be one of the big successes for 2024, mirroring the amazing trajectory of Bitcoin.
UNITS Sale: https://www.unitstoken.io/sale
Twitter/X: https://x.com/UnitsToken
Telegram: https://t.me/UNITStoken
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