What cryptocurrency to buy in April

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Two big events are scheduled for this month: halving and Doge Day. They will take place on April 19 and 20, and are capable of raising the value of many cryptocurrencies to new highs. Third-party experts have analyzed the market of digital assets and selected 7 particularly attractive options with potentially high returns.

What cryptocurrency to buy in April: top coins

At the moment, several promising coins can be identified on the market:

Dogecoin20 -gathered over $10 million at the presale and offers an eco-friendly way to make passive money from steaking.
Slothana – a Solana-based token that has raised almost $9 million since its release.
Sponge V2 – an improved version of the famous Sponge, which now has a steaking mechanism and a P2E game.
Smog – a project supporting global airdrop and multichain system.
5thScape – a startup that dares to combine VR technology and blockchain.
eTukTuk – a coin that has become part of a large-scale and environmentally friendly transportation ecosystem.

Dogecoin20

Dogecoin20 is an asset that raised more than $10 million in the pre-sale. Its value reached $0.00022 before the listing. Now the creators of the project are preparing for its release on Uniswap and expect that the release on “Doge Day” will allow the coin to appreciate a hundredfold.

The DOGE20 was largely inspired by the original DOGE, but it has a couple significant differences. For example, a steaking mechanism that allows you to earn bonus tokens for the next 2 years (15% of all coins).

Also, DOGE20 supports the principles of sustainability and high yield. The first is achieved through the use of Proof-of-Stake consensus. The second depends on limited supply – 140 billion coins. Over time, assets will be harder to obtain, which means they will become more expensive. Prerequisites for growth:

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Blockchain coins that don’t harm the environment.
Favorable value before going to listings.
FOMO will grow as cryptocurrency stocks deplete.

Slothana

Slothana is a meme coin with no real utility that can generate a lot of revenue due to its virality and running on Solana. Investors can get $10,000 $SLOTH for one $SOL. To do this is very simple: just visit the project’s website, connect a Solana-compatible wallet and transfer $SOL. After confirming the transaction, you need to wait for the assets to arrive in the account.

By the way, the purchase of $SLOTH is the only condition for participation in airdrop. All early investors will be credited with bonus tokens upon completion of the presale. Growth Prerequisites:

Solana projects are in high demand.
The token has raised over $8.4 million since launch.
Constant FOMO due to lack of hard capitalization.

Sponge V2.

SpongeV2 is a great example of how you need to actualize your project so you don’t miss out on profits. A token with real utility and favorable staking can be bought for $0.001944.

The project supports two technologies: Stake-to-Bridge and Stake-to-Earn. The first one allows converting V1 coins into new tokens. The second one increases passive income of users.

In addition, the ecosystem will launch a crypto-game in the genre of races. Its participants will be able to compete with each other and win more digital assets. Experts assume that all these innovations will allow the token to bypass its predecessor, whose market capitalization has grown to $100 million. Prerequisites for growth:

Will evolve along with the crypto game.
Active and passive earning opportunities.
168% return on steaking.

Smog

Smog has recently become available on the MEXC exchange. You can buy it for $0.1789 and then get access to airdrop. To do this, you should go to the Zealy website – there are posted tasks within the airdrop. At the time of writing, the first game season has come to an end, and the second season will include asset trading tasks.

Another distinguishing feature of Smog is the ability to create a “bridge” between blockchains. This is essential for highly efficient and profitable transactions. Growth prerequisites:

Revenue through staking and airdrops.
35% is allocated for free distribution.
Other blockchains will be added after Ethereum.

5thScape

5thScape is a project that has combined the benefits of VR and blockchain. It raised almost $4 million in the pre-sale and its value has risen to $0.00285. It runs on blockchain, but also allows you to enjoy games, movies, educational materials in VR format. Such a startup has no analogues in the market today.

A wide range of rewards awaits users as well. These will be $5SCAPE tokens themselves, as well as various points, NFTs, and game items. Prerequisites for growth:

Creation of its own line of gadgets and hardware.
Tokenization of VR capabilities.
A wide range of gaming projects.

eTukTuk

eTukTuk is a real revolution in the eco-friendly transportation niche. The token has raised over $2.8 million at a value of $0.0295. This project is not only aimed at earning cryptocurrency. It has a serious task to reduce negative emissions into the atmosphere and create a green transportation infrastructure.

The project was developed to fight climate change. In addition, the $TUK coin gives access to wider financial services for residents of developing countries. In other words, the asset supports the development of transportation and simplifies entry into the world of cryptocurrencies.

In addition, it is reported that a system of charging stations will be created to keep Tuk-Tuk cars running at the expense of the new token. Coupled with the affordable price of the cars themselves, this approach will help motivate motorists to switch to new means of transportation. Prerequisites for growth:

AI adoption.
Funding for green transportation developments.
Working with BNB Chain and Cardano.

Completion

As statistics show, it’s not only investments in large coins like bitcoin that can yield big returns. Each of the tokens presented in this article is capable of growing at least 10 times after release on exchanges. However, it should be remembered that cryptocurrencies remain extremely volatile, so investing in them involves risks.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.