The end of January Bitcoin was a touch above $30k for one. Three weeks later (yesterday) it closed at $55,700
Saw a post on reddit the other day- fair warning, didn't fact check it. But it said if you put the first stimulus check into bitcoin when you got it ($1200), it would be worth just shy of $10k today.
I'm trying to free up as much $$ as I can right now before the next round of stimulus comes in. I want to put more into bitcoin before people start dumping their stimulus checks into it and push it even further. Could be wrong, just a feeling.
That said I've out a decent chunk of change into crypto in the last little bit. did some research and found 4 or so coins to invest in. Lots of interesting projects out there. I think I've picked some winners, but time will tell.
Here are the 2 alt coins I am big on.
Vechain (VET) is a supply chain management project. I think they just went live with a marijuana producer (puffbar), allowing users to use their blockchain to check that their vape pens are authentic (as they've had problems with counterfeits). They have pilot projects with BMW and Walmart China, to name a few ofhdrs. They also have a fuel token called VTHOR, which I think is a little undervalued right now. The VET is priced at around 7 cents a coin right now and has some decent potential for growth. VTHOR is at around .7 cents per coin.
Cardano (ADA) is a coin that I've got about 50% if my crypto portfolio tied up in. It was created by one of the co-founders of ethereum (Charles Hoskinson). Effectively, it is supposed to be a more efficient and inclusive version of Ethereum. It may be a name that you start hearing more in the main stream soon. It's really shot back up in the last month, (was at .45 Jan 21). Currently sitting at around $1.4-1.5, close to it's ATH. Most of this spike is speculation and hype at this point, but there are a lot of major announcements and updates coming in the next few months that could push this coin even further. This project has really taken its time and worked to solve a lot of the issues that Ethereum is currently seeing (high gas fees, scalability problems etc), so that when their mainnet they call it goguen), goes live this year they are ready to really compete with Eth. This coins market cap is currently between 35-40 billion $US (the rest of my $ figures have been in $CAD), so if this starts catching up with Ethereums market cap it could push to a $7-10 coin.
If these coins sound interesting, the easiest place to get more info on them is probably their sub reddits. R/cardano and r/vechain.