Bitcoin halving is just a few hours away and mining rewards will be half of 6.25 BTC. It is possible that this will cause the demand for Bitcoin to increase. Additionally, the post-halving period will be a critical time for investing in crypto assets. Global market value increased by 4.55% to $2.34 trillion. this too crypto- It shows that the market is starting to recover. Transaction volume also increased by 11.55% to 109.13 billion dollars. Additionally, the fear and greed index rose to 59. This is one of the signs of recovery in the market.
Once the Bitcoin halving ends, we may see an initial market decline. In this context, this is also likely to cause crypto prices to drop. When the bull market begins, there may be right opportunities to buy cryptocurrencies.
In this news, the 4 best cryptocurrencies to invest after the Bitcoin Halving will be discussed.
Best Cryptocurrencies to Buy After Bitcoin Halving
Bitcoin halving will be responsible for the rise in market value in the next few months. In this context, it will probably start a long bull run. But before that, it is important to have a portfolio that includes the right crypto assets. In this context, it is possible that this will help make the best profits in this upcoming bull market. The best options for the post-Bitcoin halving period are listed below.
1.Ethereum (ETH)
In addition to being a direct competitor to Bitcoin EthereumThe price of depends on Bitcoin’s performance in the market. Based on the chart patterns of Ethereum and Bitcoin, a similar price movement can be seen.
Currently, BTC is under a correction zone where the price dropped from $71k to $62k. Similarly, the price of Ethereum fell to $2,994.20 following a decline of 15.32%.
In anticipation of a bull run following Bitcoin’s halving, Ethereum may be the best investment option due to its market demand and price history.
2. Solana (SOL)
In the last few months, solana has increased its popularity significantly. In this context, it rose to $202.87 at the beginning of April. Currently, the SOL price is down to $137.99. However, the token is still in demand and remains popular.
The next bull period is predicted to bring a surge in altcoins such as Solana-based meme coin. According to analysts, it is believed that Solana could rise above $300 in this bull market, especially in the post-halving period.
3.Toncoin (TON)
TON, has gained immense popularity this year, reaching an all-time high of $7.65 just a week ago. This peak was more than double the previous ATH and expectations for the next bull run are quite high.
Crypto enthusiasts are of the opinion that Toncoin may exceed $10 by the end of this month and reach $30 levels by the end of the year.
Toncoin attracted attention by recovering quickly from the current market decline compared to other altcoins. The token is aiming for another monthly high, rising by 18% in one day.
4.Binance Coin (BNB)
BNB token surprised investors with its current price action, as it rose to $640.56 and is close to its all-time high of $690.93.
Owned by Binance, the world’s largest centralized exchange, BNB has a strong reputation in the market as it is among the top 5 cryptocurrencies on CoinmarketCap.
Crypto analysts are of the opinion that BNB could reach the $1041 level this year while maintaining an average level of $710. Based on its price performance and reputation in the crypto market, it is predicted that BNB could be a significant asset during the Bitcoin halving.
