Top 6 Altcoins Expected to Soar Before the Bitcoin Halving
Just 52 days remain until the Bitcoin halving, sparking increased speculation about altcoins that could yield 10x or even 100x returns before this momentous occasion.
The rate at which new Bitcoins are created is lowered by the halving event, slowing down the cryptocurrency’s supply growth over time. Bitcoin’s inflationary pressures are lessened by halving the rewards for miners, which encourages scarcity and can increase the coin’s value.
Every four years, there are Bitcoin halving events that have continuously emerged as critical milestones in the cryptocurrency markets, often signalling the beginning of positive trends. This post will list our top cryptocurrencies that we believe will make significant gains during the next bull market.
Bitcoin halving
Ethereum (ETH)
Ethereum is positioned to hold its position as the second-largest cryptocurrency by market capitalization for the foreseeable future. With the impending halving of Bitcoin, Ethereum is predicted to perform well in the case of a cryptocurrency bull market.
Ethereum is the go-to platform for applications looking to use cutting-edge blockchain technology. It supports a variety of use cases, such as decentralised prediction markets, non-fungible currencies, decentralised autonomous organisations, and decentralised banking.
As of right now, Ethereum’s price is $3,028.85, with a market capitalization of $363.93 billion, a 24-hour trading volume of $16.68 billion, and a 2.12% gain over the previous day.
Significant protocol improvements have made Ethereum (ETH) one of the best cryptocurrencies to purchase right now, making it a more alluring long-term investment.
Ethereum
Sei (SEI)
Sei’s growth might be accelerated by the recent proposal by Sei and the Omni Foundation to provide a standardised architecture for Ethereum NFTs. The initiative may attract more interest and investment with a standardised NFT platform, which could raise prices.
Should Sei sustain momentum above the 10-day SMA of $0.83, the successful implementation of this standardisation effort might push $SEI prices over the resistance levels of $0.93 and $0.99, opening the door for a bullish trend.
Investors should keep an eye on the $0.87 current price as well as the $0.77 and $0.73 support levels. The current MACD sell signal suggests that short-term price losses may result from the proposal’s failure to gain widespread traction.
While you’re here, consider joining our Telegram Channel where you can find FREE reliable crypto signals!
SPONGEV2
Sponge V2, which debuted as an improvement on its remarkable predecessor, provides improved rewards and a more robust ecosystem. The team carefully considered every aspect of the project’s architecture, hoping to completely transform the market with its novel take on staking mechanisms, liquidity provision, and transaction costs.
The only way to obtain $SPONGEV2 prior to its placement on exchanges is through the recently implemented V2 smart contract, which allows owners of V1 tokens to stake their assets and earn an equivalent number of V2 tokens in return.
Sponge V2
Those who don’t already have Sponge V1 tokens can get them straight from the website and set their holdings to stake instantly. More than 10 million V1 tokens have been staked and converted to Sponge V2 in the last month, yielding payouts of over 187% APY.
Furthermore, Sponge V2 has added a play-to-earn (P2E) game that lets users earn $SPONGE tokens, increasing the token’s usefulness. Users can play the game for free or use $SPONGEV2 tokens to get in-game credits for extra passive income. The game is available in both free and premium editions.
While you’re here, consider joining our Telegram Channel where you can find FREE reliable crypto signals!
Render Token (RNDR)
Render Token seeks to revolutionise the graphics rendering sector by establishing a decentralised GPU compute network. This platform empowers individuals to monetize surplus GPU resources while offering renderers access to cost-effective, scalable GPU power as needed. As of the time of writing, the price of Render Token stands at $7.53, reflecting a 7.63% increase in the last 24 hours. The long-term demand for GPU computing is projected to skyrocket due to the emergence of artificial intelligence, cloud computing, the metaverse, and other cutting-edge technologies.
Render all time price chart
These industries demand high rendering capacities, which Render Network fulfils with its dispersed GPU network. In essence, holders of $RNDR tokens can use this network to speed up resource-intensive graphics operations.
Smog
This month, Smog has been the talk of the meme coin community thanks to its successful launch on Jupiter DEX on February 7th, which saw an incredible 1,400% increase in just the first few hours of trading.
Smog, positioned as a meme coin, promises to be the “greatest airdrop of all time,” revolutionising the meme coin industry. Smog is one of the biggest airdrops on Solana’s platform, distributing a significant 490 million tokens to $SMOG holders and through active involvement in the Zealy campaign.
To be eligible for the airdrop, users must accumulate airdrop points by holding onto and gaining $SMOG tokens. Additionally, by becoming multi-chain via a Wormhole bridge, Smog has increased its reach and made it possible for Ethereum locals to profit from the meme coin’s upward swings.
The $SMOG can now be bought on both chains. The project website offers a 10% token discount for the optimal shopping experience. Alternatively, $SOL can be used to purchase it on Jupiter DEX. Go to smogtoken.com to purchase $SMOG tokens.
Sui (SUI)
Sui, which was founded in 2023, has quickly gained notoriety and is now ranked among the top 100 cryptocurrencies by market capitalization. Its significant total value locked (TVL) and thoughtful token supply control demonstrate its capacity for long-term growth.
Sui’s novel approach to blockchain technology, which places a high value on efficiency and scalability, is piqueing the curiosity of both developers and investors. Right now, the market capitalization of $SUI cryptocurrency is $1.89 billion, and its price is $1.62. This is a 0.37% growth over the previous day.
Sui crypto
Sui’s strategic emphasis on partnerships and ecosystem development will be crucial to maintaining its growth trajectory and securing its place as the top platform in the blockchain space.
While you’re here, consider joining our Telegra