Crypto tokens have entered a new age with the ongoing bull phase in the crypto market. There are a lot of new coins on the market, which can be accessed and used in a bigger way.
As the Bitcoin halves approach, altcoins are already predicting price fluctuations before the halves. This could lead to an upswing in the market and new price milestones. Our top 3 crypto coin selections are likely to deliver the best returns in the future.Bitcoin Halving.
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The Top 3 Crypto Coins That Will Deliver the Best Returns After Bitcoin Halving
Cryptocurrency #1: Cardano ADA
Cardano will also benefit from Bitcoin Halving. Cardano, according to Dan Gambardello is predicted to be parabolic. This could catapult the price of Cardano to new heights following the much-anticipated Bitcoin halving.
CoinMarketcap. Cardano The bullish season has brought about a steady decline in price. Platform shared that ADA is underperforming despite its growing network and strength. The token currently trades at $0.56 – down 2% over the past 24 hours. Recently, ADA’s price has declined. Crypto has dropped 26% over the last 30 days.
The metrics reflect also the price drops that different crypto platforms predicted earlier.
Gambardello believes that halving could shift the user’s attention to alternative altcoins. Cardano is expected to benefit from this development, as it will help the token surpass the $1.2 mark and continue its upward trajectory.
Cryptocurrency 2: XRP
XRP is one of the most popular altcoins in the crypto world. It may find itself at new price levels after the Bitcoin halving. This bull season, the token’s price has fallen by 11%. The token’s price has not yet been affected by any major changes.
The announcement of Ripple’s launch of a stablecoin went viral recently on the major crypto portals. This pushed the price up by a small 0.8% as we go to press. The token currently trades at $0.56 To get the price to $1, it would need a lot of support from users.
Analysts, however, are busy predicting XRP’s price to rise. Egrag crypto, a noted analyst for X shared that XRP was rising slowly despite all odds.
Further confirmation of the development comes from CoinCodex, which predicts XRP to gain 11% post-Bitcoin halving (late April–May first week).
“According to our current XRP price prediction, the price of XRP is predicted to rise by 11.75% and reach $0.652837 by May 5, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 79 (extreme greed). XRP recorded 16/30 (53%) green days with 4.11% price volatility over the last 30 days.”
Shiba inu cryptocurrency
Shiba Inu is a meme coin that has been around since the beginning and is a crypto to watch in April. Shib token, a meme coin that has been around since the beginning and is a force to be reckoned with in the crypto world, will also make hay this April.
CoinMarketcap. Shiba Inu The price of the token has dropped by 30% in the past month. It is stable at $0.0002629 and remains unaffected even by the general fluctuations in price.
As per CoinCodexShiba Inu is able to gain 200% in value after Bitcoin’s halving. Its current price has surpassed $0.00008500.
“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 224.78% and reach $0.00008596 by May 5, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 79 (extreme greed). Shiba Inu recorded 13/30 (43%) green days with 9.38% price volatility over the last 30 days.”
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Source: watcher.guru
