Crypto Analyst presents top 10 BTCfi altcoins after halving

As the community prepares for the much-awaited fourth halving scheduled for April 19, 2024, the buzz around bitcoin-based projects is reaching a fever pitch. crypto influencer Leshka.eth, with over 128,500 followers on

crypto Analyst Shares His Top 10 BTCfi Altcoins

leshka.eth twitter.com/leshka_eth/status/1780284927373910368″ target=”_blank” rel=”nofollow”>said to his 128,500 followers on x (formerly twitter) about the potential of various projects in the BTCfi landscape. He commented: “btc halving countdown ends in 2 days. If you missed 1000x on BRC20 and Ordinals, if you missed 800x on STAMP, check out my watchlist of BTCfi altcoins about to surge due to halving.”

Here's a breakdown of the top altcoins that Leshka.eth believes could benefit from the upcoming bitcoin halving:

1.Hulvin (HULVIN): This project is promoted as the first halving-themed memecoin with the tagline “Making halving great again.” Initially listed by Leshka.eth when it was valued at a market cap of $9 million, Hulvin has seen an impressive rise, crossing a market cap of $30 million.

“I first mentioned it when it had a market cap of $9 million. Today it surpassed $30 million MC and surpassed all other tokens in the market. There is still a lot of room for price discovery,” Leshka.eth highlighted. The coin is currently trading at $0.01298 with a daily volume of $5.8 million.

2. Map Protocol (MAP): Designed to simplify cross-blockchain transactions using light clients and zero-knowledge (ZK) proofs, the MAP protocol operates without relying on trusted third parties. It facilitates secure peer-to-peer connections and emphasizes compatibility between different blockchains. Currently, MAP is trading at $0.0248 with a market capitalization of $107 million and a 24-hour trading volume of $3.2 million. Leshka.eth sees it as a crucial infrastructure component for the evolving blockchain ecosystem.

3. Batteries (STX): As a layer built on top of the bitcoin blockchain, Stacks introduces functionalities such as smart contracts, decentralized finance (DeFi), non-fungible tokens (nft), and decentralized applications (dApps). It is often compared to the Lightning Network due to its extension of bitcoin's capabilities.

With a substantial market cap of $4.04 billion and a price of $2.29, Stacks represents an important part of the BTCfi landscape. “Stacks transforms bitcoin from digital gold to a more expansive ecosystem capable of supporting a wide range of applications,” noted Leshka.eth.

4. Mint Layer (ML): This Layer 2 solution enhances bitcoin functionality by enabling DeFi, smart contracts, atomic swaps, nfts, and dApps directly on the bitcoin network. With a price of $0.38, a market capitalization of $24 million, and a daily volume of $2.5 million, Mintlayer stands out for its integrative approach to expanding the utility of bitcoin without the need for a blockchain. completely separate blocks.

5. SatoshiSync (SSNC): In collaboration with LayerZero and Chainlink, SatoshiSync offers a set of tools to facilitate transactions on bitcoin's L1 and L2 layers. Even before its symbolic launch, the platform had attracted more than 50,000 users, underscoring its practical value. SSNC is priced at $0.1275, with a market cap of $124.7 million and modest daily transactions amounting to $0.45 million.

6. bitcoin Virtual Machine (BVM): BVM is a rapidly growing Layer 2 solution for bitcoin that allows users to create their own L2 networks, thereby enhancing the value of BVM tokens. The BVM team also plans to introduce airdrops for BVM participants, which Leshka.eth believes could “significantly increase demand for the tokens.” BVM is currently trading at $5.35, with a market cap of $133.6 million and 24-hour volume of $2.74 million.

7. Naka Chain (NAKA)Positioned as a cost-effective, high-speed bitcoin L2 blockchain designed for DeFi applications that use bitcoin for gas fees, Naka Chain allows developers to port decentralized applications from ethereum to bitcoin with minimal changes. It works similarly to the ethereum Virtual Machine (EVM), which enhances its appeal. NAKA is trading at $0.026, with a market capitalization of $56.32 million and daily volume of $128,000.

8. Elastos (ELA): Elastos aims to build a blockchain-based version of the Internet, addressing the scalability and flexibility issues found in ethereum and other DApp platforms. With a market capitalization of $81 million and trading at $3.69, ELA is focused on building a robust infrastructure for a decentralized Internet.

9. MVC (SPACE): This public blockchain integrates multiple technologies, including the UTXO and Proof-of-Work (PoW) model, to offer exceptional performance, minimal fees, and high decentralization. SPACE is trading at $17.59 with a market cap of $52.3 million and 24-hour volume of $1.31 million.

10. photon: Considered a superior traditional Layer 2 solution, Photon leverages bitcoin's Layer 1 security to support scalable decentralized applications, providing efficiency and flexibility comparable to the ethereum ecosystem. This project is worthy of attention and its next release is expected to attract significant attention. “Stay tuned for their next release!” said Leshka.eth.

11. Additional mention – BounceBit: BounceBit is a bitcoin staking chain that allows users to earn returns on their idle bitcoin. Focusing on early access, the platform encourages active participation and use of bitcoin for staking purposes. The community is very much looking forward to the imminent launch of BounceBit.

At press time, Stacks (STX) was trading at $2.29, down 40% from its all-time high reached on April 1.

Featured image created with DALL·E, chart from TradingView.com

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