The current cryptocurrency market is thriving. With bullish signals across the board, the sector has been rejuvenated and is awaiting a new influx of users.
With Bitcoin Halving scheduled to take place soon, users are now anticipating an altcoin and meme coin surge that can elevate their prices to new highs.
The event of Bitcoin halving is crucial, as it may end up catapulting the prices of leading altcoins to new highs. The increased user interest in the sector may help these coins find a new identity and status, bringing them back to life.
Here’s the list of three altcoins that can surge 50%–100% post the ambitious bitcoin halving.
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Top Three Crypto Coins That May Surge 50%–100% Post-Bitcoin Halving
Cryptocurrency #1: Solana
Solana has had a wonderful bull season this year. The token has shown a remarkable price ascent and is waiting for a massive liquidity injector that the network will eventually undergo in April 2024.
With nearly eight leading token airdrops in the queue, Solana is poised to gain steady market momentum post the Bitcoin Halving event.
“The Solana price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Solana projections, SOL will be changing hands at $280.01 on April 9, 2024, gaining 47.70% in the process.”
The massive presale token frenzy that is currently underway is largely driving Solana’s price momentum. With new token airdrops scheduled to take place in April, SOL’s price may touch a new ATH in no time.
Cryptocurrency #2: Shiba Inu
Shiba Inu is another leading meme cryptocurrency with a promising background. The token has gained nearly 137% in the last year. The token is trading at $0.00002646, up 23% in the last month.
The Shiba Inu ecosystem is also undergoing a major overhaul. With projects like Knine and Metaverse development in the mix, the Shib ecosystem is bound to make considerable progress.
Per CoinCodex, post-Bitcoin halving, Shiba Inu will ultimately document a surge worth 220% by April–May 2024.
“The price of Shiba Inu is predicted to rise by 223.81% and reach $0.00009127 by May 2, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 79 (extreme greed). Shiba Inu recorded 14/30 (47%) green days with 11.12% price volatility over the last 30 days.”
Also Read: Cryptocurrency: Three Altcoins Set to Increase 10X Post-Bitcoin Halving
Cryptocurrency #3: XRP
Ripple has shown its mettle from time to time by keeping its price volatility in check and stable. The token is gradually ascending high and is yet to compromise its fan base, which has long been rooting for the token’s potential breakout.
Post-Bitcoin Halving, XRP may notice a surge in price due to increased user interest and interaction. Furthermore, new updates in its ongoing case with the SEC are also bound to bring positive changes for crypto in its entirety.
According to Changelly, Ripple may document a surge of 11% in April 2024.
“According to the technical analysis of XRP prices expected in 2024, the minimum cost of XRP will be $0.541. The maximum level that the XRP price can reach is $$0.680.
Similarly, with new SEC updates pouring in, the price of XRP can rise sharply soon.
“XRP is forecast to trade within a range of $0.378308 and $1.874359. If it reaches the upper price target, XRP could increase by 215.14% and reach $1.874359 by the end of 2024.”