Bitcoin may soar to $150,000 after halving

At the moment, the market is actively preparing for such a big event as bitcoin halving. This process leads to a reduction in remuneration for its mining for miners and at the same time entails an increase in the price of BTC itself and other coins oriented on it. However, in addition to halving, assets will also be affected by Doge Day. What tokens to pay attention to in order to get high returns? Read more in this article.

Which cryptocurrencies will grow after the bitcoin halving

In 2024, the fourth halving of bitcoin will take place, before which the coin has already managed to reach an all-time high of $73 thousand and even plunge into the correction zone. According to CoinMarketCap, on April 1, BTC again fell to $69 thousand. However, experts assume that on April 20, the situation will change, and the token will begin to grow. Moreover, they believe that this event will help the asset to rise to new record highs of $100 thousand or more.

As the statistics of past years show, the main cryptocurrency usually grows not only up to the halving itself, but also becomes more expensive the next 12-15 months after it. If such a forecast comes true, you can count on a gradual increase in the price of the asset until 2025. This, in turn, will help the token reach a new historical level of $150 thousand.

Since bitcoin is a cryptocurrency that influences other coins on the market, experts expect a more positive rate for meme-coins as well. The latter are currently on the rise thanks to the increased attention to the niche of viral tokens.

Slothana and Dogecoin20, which were developed on the basis of Solana and Ethereum, respectively, are the most attractive in the eyes of experts.

Slothana is a project that replenishes a number of promising meme-coins on the Solana blockchain. The latter allows for fast and inexpensive transactions, and also gives room for development, as it is popular among traders and developers.

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During the week, investments in $SLOTH exceeded the mark of $5 million, and they can be bought in the amount of 10 thousand units with one $SOL.

All participants of the presale have an opportunity to participate in airdrop. According to the developers themselves, bonus $SLOTH coins will be credited immediately upon completion of the presale.

Dogecoin20 is a project with great potential, which was achieved by switching from the aggressive PoW protocol to the more environmentally friendly PoS. It also supports the steaking mechanism and airdrop.

The cryptocommunity appreciated such a step of the developers: it is well evident by the investments in the startup, which have crossed the $10 million mark. Its real value before the release on exchanges – April 4 – is $0.00022.

Users will be able to receive payments as a reward for blockchain coins for the next two years – 15% of the total number of tokens. In addition, the developers launched airdrop, within which you can earn coins worth $500. At the same time, those who bring friends and acquaintances to the platform through referral links will be able to get another $10 for each new investor.

Wrapping up

Halving and “Doge Day” are two key events this April that could push the market to skyrocket. Analysts have especially high hopes for Dogecoin20, which will appear on the exchanges on their eve and because of this is able to show high profitability. Slothana may rise in price on the wave of the general rise of meme-coins.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.