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With the upcoming Bitcoin Halving Event on the horizon, the crypto industry is waiting with bated breath to see how this event will impact the market trajectories of altcoins in the second quarter. Meanwhile, experts are already ahead of the curve after in-depth research on which altcoins will show a significant uptrend after the halving event.
According to the sponsored content poster, coins backed for growth include KangaMoon (KANG), Ethereum (ETH), Litecoin (LTC), Tron (TRX) and Shiba Inu (SHIB), whose future is uncertain.
KangaMoon (KANG)
Emerging as an innovative play-win platform according to the sponsored content sender KangaMoon has laid out its plan to ensure that its ecosystem is a thriving community of like-minded meme enthusiasts who can earn rewards by playing immersive games on the platform. Similarly, members can interact with each other through the SocialFi structure, thus creating one of the largest meme communities on the blockchain. His future is uncertain, it is unknown whether he will be successful or not. There is a risk of investment loss.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
According to his team, there are also nearly 22,000 meme enthusiasts currently registered in the Kangaverse ecosystem. It is unknown whether the KANG token will be able to grow before the end of the pre-sale phase, according to experts, who have shown significant growth.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
Note that members can allegedly earn KANG tokens by participating in KangaMoon’s social media campaigns. With KangaMoon, members are offered a golden opportunity to purchase a high-value token at a relatively cheap price. However, its future is uncertain and there is a risk of investment loss.
Ethereum (ETH)
As one of the largest blockchain ecosystems, Ethereum (ETH) has been an integral part of the crypto industry as we know it today. Ethereum is an open source protocol that uses smart contracts to execute on-chain transactions. Notably, Ethereum’s native token is also one of the most valuable tokens in the crypto space. In market statistics As shown, the token is currently trading above the $3,500 mark. Meanwhile, Ethereum continued its upward trend, aiming to surpass its all-time high price in 2024.
Ethereum will attempt to establish support above the $4,000 mark, having briefly reached that threshold in March. With the upcoming halving event, Ethereum is one of the highly anticipated altcoins that will benefit the most from the potential bull trend. Therefore, Ethereum is one of the best altcoins to buy for growth in April and Q2.
Litecoin (LTC)
Litecoin (LTC) is based on Bitcoin’s protocol, hashing algorithm, transaction speed, etc. It was created with minor differences. Similar to Bitcoin, Litecoin is designed to provide low-cost, fast and secure payments on blockchain technology. While Litecoin’s recent price trajectory shows a dip in bullish steam, similarities with Bitcoin are likely to lead to a price surge for the token post-halving.
Meanwhile, price statistics Litecoin is not entirely in a bear trend, considering the token still shows a 9% price increase over the past month. However, the fear index of 32% shows that investors hold little hope for a Litecoin revival. However, considering that Litecoin is the next pure coin after Bitcoin, with this virtue, the token is likely to gain price value in the coming weeks.
Tron (TRX)
Tron (TRX) is a reputable decentralized operating system that aims to help content creators receive rewards for their efforts on the blockchain. Tron network’s TRX native token is part of the top altcoins tipped to profit in the crypto market’s upcoming bull run. Tron’s crypto market statistics Looking at it, it appears that the token is on the verge of an uptrend, having encountered bearish resistance at $0.11 during its initial decline.
With the token on the verge of a significant uptrend and Bitcoin halving around the corner, the stage is set for Tron to witness a sustained bullish sentiment in the market. On the current trajectory, Tron is likely to repeat its 82% year-to-date growth in Q2. For this reason, Tron is considered one of the altcoins to watch and invest in for potential gains.
Shiba Inu (SHIB)
Shiba Inu (SHIB) has maintained its status as one of the most popular meme coins in the crypto market. Shiba Inu in particular is a community-run meme coin that has gone viral around the world, with millions of investors holding the token in their portfolios. Meanwhile, the Ethereum-based meme token has experienced a notable pullback over the past month. In market statistics As seen in, the Shiba Inu has lost nearly 20% in value in the past month.
However, a resurgence of 3% growth over the last 7 days suggests that the Shiba Inu is facing strong resistance at the $0.00002662 mark. Accordingly, Shiba Inu is expected to trigger a long bullish period that will see the token consolidate its trading value. It is worth noting that the Shiba Inu has gained over 130% in price value since the beginning of March. Similarly, there is a high probability that the token will rise over 150% in the weeks following Bitcoin’s halving event.
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*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before investing!
