Crypto Rebound Led by Ethereum, Shiba Inu and this New BTC Fork

The fast-paced crypto arena is always in motion, and the recent crypto rebound is a testament to its dynamic nature. Ethereum, Shiba Inu, and Bitcoin Spark (a new Bitcoin fork) have taken center stage in this resurgence, drawing the investors’ attention. These digital assets are demonstrating resilience and potential and sparking optimism in the crypto market. 

SHIB Price

Shiba Inu (SHIB) gained mainstream attention despite its fun start as a meme after developers built a decentralized ecosystem around it, including Shibarium, a dedicated L2 chain. SHIB price surged from an extremely low value to an all-time high, marking a 150,000X increase. The current SHIB price at $0.00000775 is 4% below its 24-hour value and 9% up in one month.

Bitcoin Spark (BTCS)

BTCS is surging ahead with its ICO project, initiating a crypto rebound, having entered the crypto space when the crypto winter was prevalent. Its entry rekindled the crypto fire and awakened the earlier days of Bitcoin when investing was affordable and mining was accessible. As a Bitcoin fork, Bitcoin Spark strived to dispel the trilemma of speed, decentralization, and scalability.

Moreover, sustainability is a growing concern in the cryptocurrency industry. Bitcoin Spark seeks to reduce energy consumption by deploying a Proof of Process consensus mechanism, a refined blend of PoS and PoW. This new technology is expected to lower the environmental impact of the Bitcoin Spark network, an issue that garnered increased attention and criticism within the original BTC.

BTCS deploys a Bitcoin Spark mining application as an accessible and inclusive vehicle to onboard and participate in its ecosystem. With a standard device like a smartphone and stable internet, anyone can mine or invest in BTCS, as computing power is available for rental to individuals and institutions. Miners are incentivized to contribute a portion of their processing power to be utilized by those in need of mining resources.

In ICO phase nine, and for $3.50, BTCS continues to showcase resilience, innovation, and investor appeal, as the early adopters eagerly anticipate its November 30 launch at $10. BTCS offers a 5% bonus and a forecasted 300% ROI. The enormous uptake demonstrates an unfolding narrative and a promising future. BTCS has fortified its infrastructure through a KYC certification and ContractWolf audit as per compliance and transparency requirements. 

Is Ethereum a good investment?

The cryptocurrency market has been undergoing significant transformations, and these changes are not limited to regulatory shifts and increased institutional adoption. Ethereum’s technological innovations have played a substantial role in shaping the crypto landscape. ETH has been a pioneering force in blockchain technology as a decentralized platform for creating smart contracts and dApps, Ethereum’s development has been ongoing, with Ethereum 2.0 as one of the most prominent and highly anticipated upgrades.

Ethereum 2.0 represents a fundamental shift in how the Ethereum network operates. The primary goal of this upgrade is to address the platform’s issues. Ethereum 2.0 introduces a protocol transition from a PoW consensus mechanism to a PoS system. PoS allows the network to process transactions more rapidly.

This technological innovation could be a key driver of increased interest and investment in Ethereum, as it demonstrates the platform’s commitment to staying at the forefront of the cryptocurrency and blockchain space. Ethereum, like many early blockchain platforms, has faced challenges when processing a high volume of transactions efficiently, leading to network congestion and high gas fees. ETH price is up 8% in the past month.

Learn more on BTCS and ICO:

Website | Buy BTCS

Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of


Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.