Top Three Altcoins Expected to Surge Alongside Bitcoin Pump

In a recent video, Cryptocurrency analyst VirtualBacon dissected the evolving landscape of the Bitcoin ecosystem, focusing on ordinal runes, BRC2 tokens, and Bitcoin Layer-2 solutions designed to amplify Bitcoin's efficiency and scalability. VirtualBacon poses inquiries regarding the investment prospects within the sector and identifies the driving forces behind Bitcoin's adoption. Among his recommendations are the top three altcoins that may experience a surge in value during a Bitcoin pump.

Core

Core stands out as an EVM blockchain powered by Bitcoin, amalgamating delegated proof of work from Bitcoin mining pools with proof of stake utilizing its core token. Launched in February 2023, Core has a significant portion of its token supply already in circulation, a feature that distinguishes it from newer projects with limited token availability. Despite facing initial price volatility, Core's tokenomics are deemed superior to its competitors in the Bitcoin layer 2 domain. Following a peak in March, the token is currently consolidating, potentially offering a re-entry point before its next upward trajectory.

Tap Protocol

The discussion transitions to Tap Protocol, a meta protocol within the Bitcoin ecosystem. Tap Protocol accentuates flexibility and decentralization, setting it apart from protocols like BRC 20s. Though relatively fresh, Tap Protocol boasts robust features and a decentralized indexer. While the Tap token is not live yet, it will soon be available through a token sale on CoinList, ensuring equitable distribution. Despite not garnering the same level of recognition as other Bitcoin layer 2 projects, Tap Protocol signifies a notable innovation directly implemented on Bitcoin, introducing a distinct perspective within the field.

Rune

VirtualBacon's third pick within the Bitcoin ecosystem is Rune. Rather than favoring a specific Rune, the analyst recommends diversifying across the top Runes due to the technology's early stage. VirtualBacon suggests exploring platforms like OKX, Magic Eden, or Uniswap for leading Runes. Personal holdings include Doggo to the Moon, RC Rune, and Pups World Piece among six Runes. Smaller positions are also held in Decentralized Rune, Satoshi Nakamoto Rune, and Bitcoin Wizards BRC2 token.