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The recent crypto market dip provides opportunities to buy crypto at a low entry point, potentially boosting gains before the upcoming bull run.
Despite the recent dip in Bitcoin prices, optimism persists regarding its future, fueled by its historical track record and the upcoming halving event.
This article highlights 5 top cryptocurrencies to consider this April amidst current market conditions, providing bullish insights on their growth potential.
Optimism (OP)
Last month saw a remarkable performance by Optimism, reaching its all-time high of $4.85 on March 6, 204, driven by strategic partnerships and a significant airdrop. The collaboration with Velodrome and Chaos Labs to promote the adoption of Circle’s USDC stablecoin on the Optimism mainnet sparked a surge in $OP’s price.
This momentum was further fueled by an airdrop of over 10 million $OP tokens to more than 22,000 unique addresses. As of April 6th, $OP is trading at $2.99, marking a 1.33% increase in the past 24 hours.
Price forecasts for Optimism indicate a bullish trend, with projections suggesting it could reach $10 within the next year. Various predictions offer a price range of $4.50 to $7.68 for 2024, with expectations for even higher values this year.
Optimism is well-positioned for growth due to increased platform usage and the adoption of DeFi and NFTs. The forthcoming Ethereum upgrade holds the potential to further enhance Optimism’s value.
Mina Protocol (MINA)
Mina Protocol defies conventional norms by boasting the lightest blockchain to date. Its remarkably compact size of 22kb renders Mina accessible to individuals worldwide, even those with basic smartphones.
Envision a future where anyone can actively engage in blockchain technology and cryptocurrency transactions as a full node validator, ensuring decentralization and security while maintaining accessibility.
This visionary project fosters a strong and inclusive ecosystem, placing emphasis on user-friendliness, privacy, and scalability unlike any other. As adoption of Mina continues to expand, it is poised to attract widespread attention, emerging as the premier crypto choice for those seeking to broaden the user base of crypto tokens.
Currently, $MINA is trading at $1.08, boasting a market cap of $1.16 billion, with a 1.33% increase observed in the last 24 hours.
Dogecoin20 (DOGE20)
As an environmentally conscious token driven by the philanthropic ethos of ‘Do Only Good Everyday,’ Dogecoin20 has emerged as a promising meme coin. Unlike its predecessor Dogecoin, Dogecoin20 represents a new and independent iteration in the digital currency landscape.
While it draws inspiration from Dogecoin, Dogecoin20 distinguishes itself by focusing on blockchain utility. Notably, its staking protocol stands out, enabling token holders to passively earn rewards by simply holding the token.
Leveraging Ethereum smart contracts simplifies the investment process, bypassing complexities associated with wallet setups and token custody, thus enhancing user experience. With its Stake-to-Earn mechanism, Dogecoin20 stakers can initially earn a 55% APY, though this rate decreases as more tokens are staked.
Presently, a significant portion of $DOGE20 tokens, totaling 50.5 billion, has been allocated to the staking pool, indicating substantial market interest in earning rewards. Potential investors can visit our guide on how to buy Dogecoin20 token here.
Renowned figures within the cryptocurrency community, such as TodayTrader, a crypto YouTuber, have expressed their enthusiasm for Dogecoin20, endorsing it as the top meme coin to invest in right now.
🔥 DOGECOIN20 – Best Meme Coin to Buy Now – Launches April 20th on DOGE DAY!!! (1000X POTENTIAL) https://t.co/1Y0ypF5M1I
— Mark Kelly (@TodayTraderMark) April 4, 2024
Impressively, 15% of the total $DOGE20 supply is designated for staking rewards, with 12.5% earmarked for distribution in the initial year to encourage community engagement. This solid staking infrastructure aims to promote long-term holding and active community participation.
The Dogecoin20 initial offering has outperformed expectations, raising over $10 million before its Uniswap debut. Additionally, a limited post-presale phase offers $DOGE20 tokens at a discounted price of $0.00022 until April 20, encouraging investor participation before the first exchange listing. Buy $DOGE20 here.
Gala (GALA)
At the time of writing, $GALA is trading at $0.057, marking a 38.79% increase in the past 30 days. Gala made headlines on March 29, 2024, by announcing the impending launch of a new feature called ‘Gala Film.’ This innovative feature will enable users to own fractionalized shares of films through NFTs, offering a unique way to engage with movies.
Additionally, holders of these NFTs will have the opportunity to earn $FILM rewards, providing direct support to their preferred projects. Gala’s partnership with Miracle Play is another significant development, as Gala Chain will play a crucial role in powering Miracle Play’s gaming services and enhancing security.
Analysts predict that Gala may forge additional partnerships within the gaming industry in 2024, potentially driving its value even higher.
To gain further insight into these crypto projects, view the video provided above and follow his YouTube channel. Additionally, Jacob Crypto Bury runs a Discord community comprising 25,000 members, where participants receive valuable trading advice and updates on upcoming crypto presales.
Core (CORE)
Core, a layer-1 blockchain that harnesses the benefits of Bitcoin’s proof-of-work network, has surged by over 80% in the past week alone. $CORE experienced a surge in value from $1.30 on March 30th to $4.11 by April 2nd. Despite this, $CORE has since retraced its gains and is currently trading at $2.61 as of the time of writing.
Earlier this week, Core’s DAO introduced two new features: The Wizard Gallery, a unique NFT marketplace for $CORE, and Core Ignition, a six-month initiative to enhance DeFi protocols on Bitcoin.
1/@stc_bhr partners with Core Chain, marking a big step for blockchain development in the region. This collaboration serves as the foundation of stc Bahrain's Web3 Launchpad initiative, promoting innovation and digital transformation in the Middle Easthttps://t.co/drOpC7Qxzc pic.twitter.com/grbnLVrlV0
— Core DAO 🔶 (@Coredao_Org) April 4, 2024
The DAO also revealed two new partnerships, one with ZAN, a Web3 service provider from Ant Digital Technologies, solidifying its role as one of Core’s official validators, and another with telecommunications provider stc Bahrain, driving digital transformation in the Middle East.
With these significant developments, $CORE could emerge as one of the top altcoins to consider this April, given its expanding ecosystem and strategic collaborations.
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