It is important to note that the word “you” means someone. Bitcoin halving The most anticipated event of the year is the upcoming World Cup. The industry has seen a surge in user interest since Bitcoin reached the $70K milestone.
Bitcoin halving has many important implications. The event of Bitcoin halving is crucial in many ways. But the Bitcoin halving event is also linked to a shift in the crypto-market, with more funds being poured into altcoins.
Keep this in mind and here is our list of the top three popular altcoins, which could double their price post-Bitcoin’s halves.
You may also like: Cryptocurrency: 3 Meme Coins That Can Turn $1,000 Into $10,000 in April 2024
The three Crypto Coins that will increase your Bitcoin 10x after the Bitcoin Halving
Ethereum is the first cryptocurrency.
In past events, the halving of bitcoin has brought on a lot of attention for other altcoins. Bitcoin can experience slight fluctuations in price that may either increase or decrease shortly after halving. Ethereum can, however, gain attention at the time.
Ethereum will benefit from a price increase due to an increased level of user interest. As per CoinCodexEthereum’s predicted gain of 2% is expected by April 2024.
“According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 2.12% and reach $3,619.40 by May 1, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 79 (extreme greed). Ethernet recorded 17/30 (57%) green days with 5.86% price volatility over the last 30 days.”
Ethereum is expected to have a very good year, and this will help the token get the needed boost.
“Ethereum is forecast to trade within a range of $3,544.26 and $6,647.98. If it reaches the upper price target, ETH could increase by 87.56% and reach $6,647.98.”
Cryptocurrency 2: Litecoin
Litecoin, another promising cryptocurrency can be a significant player in the market after Bitcoin’s halving. Litecoin can be a promising cryptocurrency that could gain significant market momentum after the Bitcoin halving. famously Known as the other half of Bitcoin due to their striking similarities in design. Litecoin, like Bitcoin, also experiences halving to maintain its supply chain balance.
Post the ambitious bitcoin halving, market sentiment may rummage through the space to find promising crypto coins to invest in. Litecoin is a good choice, as it has a robust design and upcoming trajectory.
The Persistence of the People CoinCodexLitecoin’s value is expected to increase by 5% before the end April 2024.
Our current Litecoin prediction predicts that the price of Litecoin will increase by 5.16%, and reach $115.99 on May 1, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 79 (extreme greed). Litecoin has recorded 18/30 green days (60%) with a 6.59% volatility in price over the past 30 days.
By the end 2024, the platform expects Litecoin’s value to be up by 125%.
You may also like: 3 Affordable Cryptocurrencies to Buy in April for Maximum Profits
“Litecoin is forecast to trade within a range of $107.51 and $235.71. If it reaches the upper price target, LTC could increase by 125.21% and reach $235.71.”
Cardano, the 3rd Cryptocurrency
Cardano is one of the most popular crypto currencies. Recently, it has seen a surge in interest and activity from users. It has been climbing steadily up the ladder while launching robust projects which may be able to help the blockchain flourish in the future.
Bitcoin’s halving has caused a sporadic surge in user interest, coupled with the search for other coins. work Investors will eventually shift their focus to Cardano in the future.
Cardano offers many opportunities. The coin’s TVL metrics and its many blockchain-based uses have seen a remarkable rise in this bull market.
The Persistence of the People CoinCodexCardano’s growth is expected to reach 4% by April 2024.
“According to our current Cardano price prediction, the price of Cardano is predicted to rise by 4.36% and reach $0.676208 by May 1, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 79 (extreme greed). Cardano recorded 16/30 (53%) green days with 7.25% price volatility over the last 30 days.”
The platform predicts, in addition, that ADA’s value will surpass $2 before the year 2024.
“Cardano is forecasted to trade within a range of $ 0.593887 and $ 2.60. If it reaches the upper price target, ADA could increase by 311.98% and reach $2.60.”
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru