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The impending Bitcoin halving in 2024 is expected to trigger the next bull market, making investments in top altcoins potentially rewarding. In a few days, Bitcoin will have its fourth halving. It happens every four years and cuts its growth in half.
The decrease in Bitcoin mining rewards impacts the valuation of other coins, demonstrating how alterations in Bitcoin influence the broader cryptocurrency market dynamics. Looking back at history, we see that after Bitcoin’s last halvings, other coins became more valuable compared to Bitcoin.
This article will discuss five best crypto projects and their potential for significant gains prior to Bitcoin’s upcoming halving.
Sui (SUI)
Sui has rapidly emerged as a significant presence in the cryptocurrency market, leveraging its inventive fintech alliances and unwavering performance. Its blockchain solution boasts rapidity, effectiveness, and expansiveness.
Expectations for Sui’s future price path convey optimism, buoyed by the firm’s technological strides and astute partnerships, with forecasts hinting at substantial growth in both immediate and prolonged periods. The initiative strives to broaden its ecosystem and bolster adoption.
Following its attainment of an all-time peak of $2.18 on March 28th, indications suggest that $SUI’s price may sustain its bullish momentum.
Pyth Network (PYTH)
The Pyth Network has unveiled its highly-anticipated W/USD and USDB price feeds across more than 50 blockchains, marking a significant milestone. This release reinforces Pyth Network’s standing as a premier provider of real-time, dependable data feeds for the decentralized finance (DeFi) ecosystem.
Currently trading at $0.887, $PYTH has experienced a slight decrease in value by 1.74% over the past week. However, a broader view over the past month reveals a substantial gain of 38% for the coin. With Pyth Network’s 14-day RSI standing at 52.77, $PYTH is presently in a neutral position.
Encouragingly, the six-month uptrend indicates a growing interest in the network. Analyzing pivot levels, Pyth Network finds support levels at $0.821 and the strongest at $0.730, while resistance levels are situated at $0.911 and $1.001.
Dogecoin20 (DOGE20)
A new and improved iteration of Dogecoin emerges in the form of Dogecoin20, distinct from its predecessor and without any affiliation between the two. While inspired by the original Dogecoin, Dogecoin20 sets out to carve its own niche by delivering blockchain-based functionality.
Notably, Dogecoin20 introduces a staking protocol, enabling token holders to passively earn rewards. Leveraging Ethereum smart contracts streamlines the investment process for DOGE buyers, eliminating the complexities associated with wallet setups and token custody, thereby enhancing user accessibility.
Dogecoin20 has caught the interest of TodayTrader, a cryptocurrency YouTuber, who highlighted the project in a recent video, recommending it as the top meme coin to buy 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
With its Stake-to-Earn mechanism, Dogecoin20 stakers presently enjoy a 60% APY, subject to reduction with increased token staking. Presently, a remarkable 46.7 billion $DOGE20 tokens have been allocated to the staking pool, indicating significant market interest in earning additional tokens.
The Dogecoin20 presale has surpassed expectations, securing over $10 million from investors ahead of its Uniswap listing. In a limited post-presale phase, Dogecoin20’s team offers $DOGE20 tokens at a discounted rate of $0.00022 until April 20 – recognized as ‘Doge Day’ in cryptocurrency circles.
On this significant date, $DOGE20 investors can claim their tokens, marking the commencement of the first exchange listing. To take part in the $DOGE20 token presale visit doge20.io.
The Emerald Company (EMRLD)
The Emerald Company emerges as a captivating investment opportunity within the cryptocurrency market, showcasing distinctive offerings in the domain of fractional ownership of real-world assets.
By harnessing patented nanotech tracking technology, advanced artificial intelligence, and blockchain protocols, Emerald sets out to transform the luxury marketplace, with a specific emphasis on the emerald industry.
Investors in the $EMRLD token stand to gain from The Emerald Company’s successful mining endeavors and jewelry sales through a revenue-sharing arrangement. This solid model, tailored to optimize returns, offers substantial passive income for all token holders, enabling earnings as they retain their tokens.
Operating in Colombia, the world’s leading emerald mining country, The Emerald Company enjoys access to some of the most valuable and profitable emerald stones globally, coupled with extensive experience in the industry.
All holders stand to profit from the company’s operations and expertise. Currently priced at $0.0304, $EMRLD has experienced a slight decrease of 2.57% in the past 24 hours.
Watch the video above for thorough reviews of these crypto projects and subscribe to his YouTube channel. Jacob Crypto Bury also manages a Discord channel with 21,000 members, offering users trading tips and insights into upcoming crypto presales.
Bitcoin (BTC)
Bitcoin recently achieved a new all-time high surpassing $73,500, only to swiftly retrace to the $61,000 range. As of the current writing, $BTC is valued at $68,723.35, marking a 4.17% increase over the past 24 hours.
This surge in price was fueled by optimistic signals from the US Federal Reserve hinting at a potential easing of interest rates. Analysts in the market are closely monitoring Bitcoin’s trajectory, paying close attention to technical indicators.
The 10-day Simple Moving Average (SMA) stands at $65,835, with the 100-day SMA at $52,836. Should bullish investors seize upon these levels as buying opportunities, it could propel Bitcoin’s price further upwards.
With increased buying pressure, Bitcoin could target the $73,250 mark, representing the next significant resistance level before the previous peak at $73,750. Surpassing this peak would establish a stronger bullish territory within the $74k-$75k range.
Related
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- Top Altcoins to Watch for a Potential Pump During the Upcoming Bitcoin Halving
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