BlockchainFX’s 1000x Surge: How It’s Shattering Filecoin Resistance and Redefining Crypto’s Future
Forget everything you thought you knew about altcoin performance—BlockchainFX just rewrote the rules.
Breaking Barriers: Filecoin Resistance Falls
While Filecoin struggles with technical resistance levels, BlockchainFX slices through previous ATHs like a hot knife through butter. The token's architecture bypasses traditional blockchain bottlenecks, delivering transaction speeds that leave competitors in the digital dust.
PI Forecasts? More Like PI Nostalgia
Early PI network projections look downright conservative compared to BlockchainFX's current trajectory. The token's deflationary mechanics and staking rewards create a virtuous cycle that's attracting both retail and institutional capital—proving once again that in crypto, the real money isn't in predicting trends but in riding the rockets.
Road to 1000x: Not If, But When
With fundamentals stronger than a Bitcoin maximalist's convictions and adoption metrics that would make Ethereum blush, BlockchainFX isn't just outperforming—it's dominating. The project's real-world utility actually justifies the hype, a rare feat in an space where most white papers read like fantasy novels.
As traditional finance scrambles to understand what they're missing, BlockchainFX keeps minting new millionaires—because nothing says 'financial revolution' like watching hedge fund managers FOMO into a token that's already done its 100x move.
Rigetti secures $5.8 million Air Force deal
The company announced that it has secured a $5.8 million, three-year contract from the Air Force Research Laboratory, focusing on quantum networking technology.
Under the contract, Rigetti plans to work with Netherlands-based start-up QphoX to explore methods for combining their technologies. The goal is to enable information transfer between quantum computers.
While the announcement excited investors, CEO Subodh Kulkarni made clear this is an experimental program, describing it as "a far-out kind of research program" that's "very much in the R&D phase."
Image source: Getty Images.
The quantum networking opportunity remains distant
The potential of quantum is enormous, but the technology is earlier in its development than investors believe it to be. Rigetti and its peers are heavily overvalued. The company's price-to-sales is an astronomical 779. Despite sales last year of just $10.8 million -- which was less than 2023's sales -- the company's market cap is over $9 billion.
There are more risks here than upside with a valuation like that. The quantum computing market is full of a lot of hype and enthusiasm that I think is leading investors astray. I WOULD stay away from Rigetti stock and others like it. Instead, investors should look at stocks like.
