JetBolt appears to be a promising altcoin in the crypto market. Crypto analysts have already bet on its unprecedented presale success, and many buyers compare it with Solana’s Blackjack.
Can JetBolt’s futuristic cat become Solana’s gambling cat? As a crypto investor, you could ask such questions.
Are you a Solana investor looking for a profitable altcoin? You may need to find out whether JetBolt is a profitable project. What are the reasons? This article will guide you through everything about JetBolt’s investment.
Are you ready to make your crypto investment profitable? If yes, then let’s start with the following.
Key takeaways
- JetBolt is a cat-themed altcoin.
- JetBolt aims to update crypto apps with a feline face.
- JetBolt seems promising for short-term investment.
- The project implements updated blockchain technology but needs to ensure future development.
- The JetBolt project brings DeFi & NFTs to the gaming horizon.
What is JetBolt crypto?
JetBolt is an ERC-20 altcoin on Skale blockchain. The project aims to empower crypto apps through blockchain and AI integration. With a view to next-generation crypto, the project adopts zero gas fees, AI-powered insights, staking rewards, lightning-fast transactions, and a developer-friendly interface.
JetBolt also tries to improve Ethereum’s capabilities without compromising its core principles with layer-2 solutions. You can trade with its native token JBOLT.
Is JetBolt the Next Big Altcoin to Explode?
JetBolt has many promising features. But internet hype doesn’t assure profit. Therefore, we need a detailed study to determine whether it would be the next big altcoin.
- Zero gas fees of JetBolt
Gas fees are a crypto transaction processing fee. They could be a game changer for a crypto project. Higher gas fees lower profit and holder numbers. Conversely, lower gas fees motivate new buyers and increase profit. There is no perfect range for gas fees, but a balancing approach could bring financial benefits for investors and the crypto project.
What do you mean by balancing gas fees?
Say a crypto project charge a $1 gas fee to process 1k transactions. A competitive altcoin project charges $0.50 for similar transactions. Lower gas fees would influence more buyers to buy the crypto if they find it profitable. Strategically, $0.40 or lower than $0.50 gas fees would be the perfect amount to beat the competitor.
Boring! Buyers will pick a lower gas fee altcoin project. Am I not just repeating the simple line?
Now, when it comes to zero gas fees, JetBolt will not charge any fees to process crypto transactions. Initially, this will create hype, but in the long term, the project will face a monetary crisis.
Due to limited funds, a crypto project encounters different types of uncertainty. So, the core team must ensure multiple finance sources are available to secure sustainability. If JetBolt ensures long-term growth with profit, then buyers will pay tiny gas fees (lower than other similar projects) without hesitation.
However, I am not criticizing the core team; I am just sharing my point of view. Many crypto projects have become profitable with zero gas fees or with gas fees.
Overall, my analysis would be neutral.
- Staking of JetBolt
The project adopts the Proof of Attendance and Worth (PAW) protocol to secure the network and reward holders. The core team emphasizes social connectivity through the PAW mechanism. Holders will earn according to their activeness.
The core team tries to increase trading volume by making JetBolt utility coins.
How could it benefit the project and investors? Increased trading volume will ensure a stable price, and the project will not encounter a cash deficit.
Strategically, JetBolt wants to be a hybrid crypto by combining meme coin & altcoin. The approach seems to be a high-performing crypto project. Therefore, my analysis of JetBolt’s future performance would be positive.
- Presale hype of JetBolt
The presale hype of JetBolt creates a positive sentiment among buyers. Due to market hype, crypto analysts are bullish on Jet Bolt’s profitability. The core team featured a futuristic cat symbol to explode the altcoin market. They plan to raise altcoin by creating overall crypto market hype.
Recovering an altcoin is not easy because crypto regulations change often. I am not saying that JetBolt could be a profitable altcoin; instead, it adds some challenges. I don’t know how the core team will tackle it, so my analysis would be neutral.
- Tokenomics of JetBolt
Tokenomics is the mirror of a crypto project that displays the overall strategy of the core team. The JBOLT project allocates fractional tokens such as Presale—40.3%, Liquidity Reserve –8.1%, Staking Rewards—40.3%, Team – 8.1%, and Incentives & Rewards—3.2%.
There is no perfect Tokenomics, and it differs according to project goals. Their whitepaper needs to mention the total token supply.
Up to 30% of the Presale is usually considered safe for investment. A higher presale indicates a monetary crisis or a project focused on quick funds.
Altcoin is dying, so a higher Presale will create an initial hype and boost project growth. Quick funding is crucial to revive dormant altcoin projects because it will give them an opportunity for long-term growth.
As per the dying crypto market concept, 40.3% of the token for initial sales seems reasonable. However, how the project manages growth challenges is a question.
The core team may have considered long-term growth challenges and allocated 8.1% tokens for liquidity. Thus, they assured buyers of a safe investment by increasing trading volume. For sustainability, the core team of JetBolt focused on long-term token lockup and allocated 43.5% tokens (40.3% + 3.2%). This allocation seems a rational decision, but achieving the project’s sustainability would be difficult without team dedication and funding.
The white paper indicates 8.1% of the token’s fund for the Team, which could be adequate but insufficient. Why? Crypto is a thematic digital asset that requires continuous technological updates. Therefore, we can’t say the amount of funds, but the core team must ensure external finance. Can we be bullish on that? No, because we can’t measure others’ actions or strategies.
JetBolt is a promising crypto, but skyrocketing profit is challenging.
- Development of JetBolt
Altcoin is facing growth challenges in the crypto market. A bull market can help a dormant crypto to become profitable. The meme market has positive growth now & investors are making a profit from it. JetBolt has hybrid features, i.e., meme & altcoin. So, the core team emphasizes the synergy strategy.
If you are not a finance or accounting guy, ask me what Synergy is and how it helps a crypto project. So, let’s first introduce it.
1 + 1 = 3; is it possible? A Mathematician will say no, but a tech professional will say yes; this is a simple binary number series. In finance, Synergy means combined efforts produce more output than a single one. If two companies individually make $1 billion, then combined, they will make more than $2 billion. In crypto, Synergy means meme coin’s bull market trend revives altcoin.
Is it realistically achievable? Yes, but it depends on the expertise of the development team. I am not a part of the Team & can’t be bullish on that. Besides, the whitepaper of the JetBolt doesn’t assure future development. Therefore, my analysis would ne negative on whether JetBolt be a profitable altcoin.
Concluding Thought
JetBolt seems a promising altcoin. It comes with cutting-edge blockchain technology to bring revolution in crypto apps.
However, the core team of JetBolt may be uncertain about expanding the project due to unavoidable circumstances. I have found limited motivation in the development teams’ whitepapers on future updates. Usually, this suggests imminent challenges for future contacts or maybe an internal trading conflict.
In short, JBOLT altcoins seem promising for short-term investment. To attract long-term investors, the core team must ensure external funding with zero internal trading conflict.
Frequently Asked Questions (FAQ)
Should I invest in JetBolt?
It depends. Crypto involves significant risk, and JetBolt is no different. Additionally, JetBolt is an experimental altcoin project, so it would not be a risk-free investment. If you are a risk-tolerant buyer, then you can buy it.
Is JetBolt a long-term investment?
The whitepaper suggests there is no guarantee for JetBolt’s future development. A crypto project will die if there is no update over time. If you are looking for short-term profit, then JBOLT is for you. Long-term profit needs sustainability, which seems uncertain if the core team is unable to manage external funds.
JetBolt is not for a long-term investment based on current features.
Disclaimer
This is not a Sponsored post & the purpose of this article is only education. By reading this, you agree that the information of this blog article is not crypto investing advice. Do your own research before making any financial decision. Therefore, if you lost any money, FinanceIdeas.org will not be liable for this.
