Investors are increasingly exploring new digital assets beyond the traditional heavyweight, Bitcoin (BTC). Binance Coin (BNB) and Bitcoin Spark (BTCS) have garnered attention among these alternatives for their profit potential.

What is BNB?

Binance Coin (BNB) first emerged as a digital currency designed to reduce transaction costs within the largest crypto exchange by volume, Binance. Its role, however, has since evolved far beyond mere fee reduction. Today, the BNB coin serves as the backbone of the thriving BNB Chain ecosystem, enabling the creation and execution of smart contracts and decentralized applications (DApps). Its utility extends to providing liquidity on the Binance Liquid Swap, enabling participation in token sales on the Binance Launchpad, supporting charitable initiatives through Binance Charity, and more.

BNB price prediction

The BNB price tested the $235 resistance before a downturn against the US Dollar. There was a break below a key bullish trend line with support near $220 on the 4-hour chart of the BNB/USD pair. Analysts suggest this pair might continue to move down unless there is a close above $225.

What is Bitcoin Spark?

Bitcoin Spark is a blockchain that seeks to usher in a new era of crypto transactions. The BTCS token powers Bitcoin Spark and serves several functions within the ecosystem.

BTCS can be used to create or utilize smart contracts and decentralized applications (DApps). Bitcoin Spark will include a smart contract layer with separate execution systems that all reach finality on the main network. This approach allows for the use of both high-level and low-level programming languages, allowing for scalability and diversity of the smart contracts and DApps on the platform.

Perhaps the most striking use case of BTCS is granting access to decentralized CPU/GPU power. Bitcoin Spark uses a proprietary and groundbreaking consensus mechanism known as the Proof-of-Process (PoP), which non-linearly rewards users for confirming blocks and providing processing power. The Bitcoin Spark network is lightweight, with a massive number of nodes. This, combined with the nonlinear rewards functionality, allows it to accommodate many validators, even those with low-powered devices. The network’s native application will enable Windows, Mac OS, Linux, iOS, and Android users to participate in validation by permitting secure and isolated access to their device’s processing unit. It is the validators’ collective processing power that will be safely channeled to organizations and individuals requiring large amounts of remote computational power. BTCS will serve as the payment currency for this service, and the revenue generated will be distributed among the network validators.

Furthermore, the BTCS token can be used to get advertising services. The Bitcoin Spark application and website will have unobtrusive slots for advertisements, which will be community-policed to ensure the credibility of Bitcoin Spark and the posted ads. Advertisers will pay with BTCS, and network participants will receive 50% of the revenue generated in addition to incentives for policing the ads.

Bitcoin Spark (BTCS) profit potential

Several factors suggest BTCS could provide significant profits to its investors and traders. First, its innovative technology and real-world applications suggest potential for significant adoption, which leads to substantial price increases. Additionally, BTCS has a limited supply of 21 million, which bodes well for its long-term price movement, as can be seen by Bitcoin (BTC). In fact, the Bitcoin Spark has been hailed as a second chance for those who missed out on early Bitcoin.

Furthermore, Bitcoin Spark is in its Initial Coin Offering (ICO) stage, which offers a chance to get significant returns with little initial investments. The project’s low market cap paves the way for unprecedented price surges, and its launch being in sync with the next crypto bull run further cements this notion. BTCS will launch at $10 but is currently selling at $2.25, accompanied by a 10% bonus in Phase 4 of the ICO. This denotes a 489% profit even before BTCS gets to the market.

Conclusion

Binance Coin (BNB) and Bitcoin Spark (BTCS) represent intriguing options for investors seeking significant profits. Ultimately, the choice between the two depends on individual preferences and risk tolerance.

For more information on Bitcoin Spark:

Website: https://bitcoinspark.org/

Buy BTCS: https://network.bitcoinspark.org/register