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The impending bitcoin halving in 2024 is expected to trigger the next bull market, making investments in major altcoins potentially rewarding. In a few days, bitcoin will have its fourth halving. It occurs every four years and reduces its growth by half.
Declining bitcoin mining rewards affect the valuation of other currencies, demonstrating how disruptions in bitcoin influence the broader dynamics of the cryptocurrency market. Looking back at history, we see that after the last bitcoin halving, other coins became more valuable compared to bitcoin.
This article will look at the five best crypto projects and their potential for significant gains ahead of the upcoming bitcoin halving.
Sui (SUI)
Sui has quickly become a significant presence in the cryptocurrency market, leveraging its innovative fintech partnerships and unwavering performance. Its blockchain solution has speed, efficiency and breadth.
Expectations for Sui's future price trajectory convey optimism, fueled by the company's technological advancements and astute partnerships, with forecasts pointing to substantial growth over both immediate and longer periods. The initiative strives to expand its ecosystem and drive adoption.
After reaching an all-time high of $2.18 on March 28, signs suggest that $SUI price may maintain its bullish momentum.
Python Network (PYTH)
Pyth Network has unveiled its long-awaited W/USD and USDB prices on over 50 blockchains, marking a major milestone. This launch reinforces Pyth Network's position as a leading provider of reliable, real-time data sources for the decentralized finance (DeFi) ecosystem.
Currently trading at $0.887, $PYTH has seen a slight decrease in its value of 1.74% over the past week. However, a broader view over the past month reveals a substantial 38% gain for the coin. With Pyth Network's 14-day RSI at 52.77, $PYTH is currently in a neutral position.
Encouragingly, the six-month bullish trend indicates growing interest in the network. Analyzing the pivot levels, Pyth Network finds support levels at $0.821 and the strongest at $0.730, while resistance levels are at $0.911 and $1.001.
Dogecoin20 (DOGE20)
A new and improved version 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 aims to create its own niche by offering blockchain-based functionality.
Notably, Dogecoin20 introduces a staking protocol that allows token holders to passively earn rewards. Leveraging ethereum smart contracts streamlines the investment process for DOGE buyers, eliminating the complexities associated with wallet setup and token custody, thereby improving user accessibility.
Dogecoin20 has caught the interest of TodayTrader, a cryptocurrency YouTuber, who highlighted the project in a recent video and recommended it as the top meme coin to buy now.
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DOGECOIN20 – Best Meme Coin to Buy Now – Launches April 20th on DOGE DAY!!! (1000X POTENTIAL) https://t.co/1Y0ypF5M1I
—Mark Kelly (@TodayTraderMark) twitter.com/TodayTraderMark/status/1775924214169506027?ref_src=twsrc%5Etfw”>April 4, 2024
With its Stake-to-Earn mechanism, Dogecoin20 stakers currently enjoy a 60% APY, subject to reduction with increased token staking. Currently, a remarkable $46.7 billion DOGE20 tokens have been allocated to the staking pool, indicating significant market interest in earning additional tokens.
Dogecoin20's pre-sale has exceeded expectations, securing over $10 million from investors ahead of its listing on Uniswap. In a limited post-sale phase, the Dogecoin20 team is offering $0.00022 DOGE20 tokens until April 20, recognized as “Doge Day” in cryptocurrency circles.
On this important date, $DOGE20 investors can claim their tokens, marking the beginning of the first listing. To participate in the pre-sale of the $DOGE20 token, 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 realm of fractional ownership of real-world assets.
By leveraging patented nanotech tracking technology, advanced artificial intelligence and blockchain protocols, Emerald aims to transform the luxury market, with a specific emphasis on the emerald industry.
Investors in the $EMRLD token will benefit from The Emerald Company's successful mining efforts and jewelry sales through a revenue sharing agreement. This robust model, designed to optimize returns, offers substantial passive income for all token holders, allowing them to earn profits as they hold their tokens.
With operations 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, along with extensive industry experience.
All incumbents will benefit from the company's operations and experience. With a current price of $0.0304, $EMRLD has seen a slight decline of 2.57% in the last 24 hours.
Watch the video above for in-depth reviews of these crypto projects and subscribe to their Youtube channel. Jacob crypto Bury also runs a Discord channel with 21,000 members, offering users trading tips and information on upcoming cryptocurrency pre-sales.
bitcoin (btc)
bitcoin recently reached a new all-time high surpassing $73,500, only to quickly retreat back to the $61,000 range. At the time of writing, $btc is valued at $68,723.35, which is up 4.17% in the last 24 hours.
This price increase was driven by optimistic signals from the US Federal Reserve hinting at possible easing of interest rates. Market analysts follow bitcoin's trajectory closely, paying close attention to technical indicators.
The 10-day SMA is at $65,835, and the 100-day SMA is at $52,836. If bullish investors take advantage of these levels as buying opportunities, the price of bitcoin could rise further.
With increased buying pressure, bitcoin could target the $73,250 mark, which represents the next significant resistance level before the previous peak of $73,750. Breaking through this peak would establish stronger bullish territory within the $74,000 to $75,000 range.
Related
Smog (SMOG) – Meme Coin with Rewards
- First Airdrop Season Available Now
- Earn XP to qualify for a share of $1 million
- Featured on Cointelegraph
- Staking Rewards: 42% APY
- 10% discount on free sale – smogtoken.com
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