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While Bitcoin struggles to reclaim its peak, certain altcoins’ resilience and potential suggest shifting crypto investment trends, garnering investor interest.
Bitcoin initiated a steep climb, surging from $38,500 to a peak of $73,500, surpassing its previous all-time high from 2021. However, the momentum faltered, with Bitcoin’s price now at $63,995.12.
With Bitcoin’s fluctuation, attention turns to the imminent Bitcoin halving event, attracting crypto investors to explore opportunities for potential market upswings.
This article provides a list of the five must-have cryptocurrencies before the Bitcoin halving, poised for potential 10x or greater gains in the upcoming weeks. You can also watch the video below to learn more about these crypto projects and subscribe to his YouTube channel for additional crypto-related content.
Furthermore, Jacob Crypto Bury manages a Discord community with 21,000 members, offering users trading tips and insights into upcoming crypto presales.
Cardano (ADA)
Cardano distinguishes itself as a project with promising prospects extending beyond its role as a tradable asset. Anchored in scholarly peer-reviewed research, it has fostered a strong community over time.
Recently, Cardano has seen significant growth attributed to the rise in total value locked (TVL) within its decentralized finance (DeFi) ecosystem. However, as of the current writing, the Cardano price indicates a downtrend in the market, with bears exerting control.
Trading at $0.61, $ADA has decreased by over 14% in the last seven days. Despite this decline, the price remains above the Simple Moving Average (SMA) value, currently set at $0.586.
The sudden drop in price has yet to be countered by bullish activity. Moreover, Cardano faces resistance at $0.661, which it must overcome to rekindle bullish momentum.
Mina (MINA)
Mina stands as a streamlined ‘succinct blockchain’ designed to optimize computational requirements for efficient decentralized application (dApp) operations. It remains at a constant size, ensuring a balanced approach to security and decentralization.
The primary goal of Mina is to establish an effective distributed payment system, allowing users to verify the platform from its inception block seamlessly. Utilizing Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARKs), Mina enables authentication while preserving sensitive information.
As of today, $MINA is valued at $1.16, with a 24-hour trading volume of $99.43 million and a market cap of $1.25 billion. Demonstrating resilience and growth, it has experienced a 46% price increase over the past year.
Mina maintains neutrality by trading above the 200-day Simple Moving Average (SMA) at $0.0894, as indicated by a 14-day Relative Strength Index (RSI) of 43.21.
Dogecoin20 (DOGE20)
Dogecoin20 emerges as a fresh crypto presale project, aiming to present a sustainable alternative to Doge. It is supported by an anti-inflationary mechanism and eco-friendly staking rewards, disbursed in additional $DOGE20 tokens.
Operating as an ERC-20 token on the Ethereum network, Dogecoin20 offers a greener option by employing the Proof-of-Stake (PoS) mechanism. Unlike older meme coins that require significant hardware and electricity for mining, Dogecoin20 only necessitates staking to enhance holdings.
With rewards distributed over a two-year span, early adopters stand to gain substantially. A portion of the total supply, 12.5%, is allocated for staking rewards in the first year, with an additional 2.5% earmarked for the subsequent year.
Wow! 🎉
No words to describe this amazing achievement! 🚀#Dogecoin20 reaches $6 million raised! 💰
Massive thanks to the #Crypto Community! 🙌#DOGE20 wishes you a great weekend! 🌟🐶 pic.twitter.com/PaAyohkpB7
— Dogecoin20 (@DOGE_COIN20) March 22, 2024
Presently, presale investors are enjoying impressive staking rewards at a rate of 154% APY. Dogecoin20 recently commenced its presale, surpassing the $6.3 million milestone amidst the ongoing frenzy surrounding meme coins.
Investors are drawn to Dogecoin20’s focus on passive rewards, prompting them to accumulate $DOGE20 tokens before the discounted presale period concludes. As of now, the Dogecoin20 team offers tokens at a modest entry point of $0.000207 each.
Stay informed about Dogecoin20’s latest developments by following the project on X (formerly Twitter) and joining their Telegram channel. To take part in the $DOGE20 token presale visit dogecoin20.io.
Polygon (MATIC)
Polygon has exhibited a combination of movements recently, experiencing a slight decline of 3.32% over the past month. However, its performance over the last six months has been robust, boasting an impressive increase of over 89%.
Currently trading at $0.963, Polygon’s price trajectory could see upward momentum if buyers manage to surpass the $1.013 mark, potentially aiming for $1.051. Conversely, if sellers dominate, support levels at $0.85 or even $0.72 may be tested.
Close to its 10-day SMA of $1.04, there’s a possibility of a rebound if market sentiment turns positive. In the short term, there’s a consideration for a potential decline towards the 100-day SMA at $0.912 if bearish pressure persists.
However, for those with a long-term perspective, current levels might present a favorable entry point, given the upward trend observed over the past six months, contingent upon broader market recovery.
Despite short-term fluctuations, Polygon’s investors maintain confidence in its potential to achieve double-digit figures soon. With strategic partnerships and increased adoption, $MATIC prices are anticipated to continue surging. Investors and traders who capitalize on these bullish signals could reap substantial profits.
Bitcoin SV (BSV)
Bitcoin SV originated from a hard fork of the Bitcoin Cash (BCH) blockchain in 2018, which itself forked from the BTC blockchain due to blocksize conflicts. $BSV asserts it embodies the original vision of Bitcoin, as outlined in Satoshi Nakamoto’s white paper and early writings.
It aims to provide scalability and stability, adhering to Bitcoin’s initial concept of a peer-to-peer electronic cash system. $BSV has eliminated artificial block size limits and reinstated Script commands and other technical features, enabling high transaction throughput and low fees.
Additionally, it supports advanced functionalities like tokens, smart contracts, and data processing, positioning itself as a unique blockchain with unbounded on-chain scaling capabilities while staying true to Bitcoin’s original design principles.
The current price of Bitcoin SV stands at $76.98, with a 24-hour trading volume of $96.19 million. Over the last 24 hours, the price of $BSV has decreased by -3.66%. $BSV is currently trading above the 200-day SMA, suggesting that the price trend remains upward.
The Relative Strength Index (RSI) value is at 40.83, indicating a neutral stance in the Bitcoin SV market. Analysis of Bitcoin SV price suggests that while the market is undergoing a retracement phase, there are indications of a potential rebound.
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