Sponge V2 ($SPONGE) is the second coin from the ecosystem that brought you one of last year's biggest meme coins, Sponge Token ($SPONGE). Through an innovative stake-to-bridge system where investors must first purchase and stake $SPONGE before receiving their $SPONGEV2, the project ensures the integrity of both projects.
For those who don't remember, Sponge Token was one of the stars of 2023. It launched during bearish conditions when the meme coin market was struggling but still managed to pump by hundreds of percent and gain a big online following. Sponge V2 will build on this success by adding utility with a P2E game so we think it will be a big hit.
We already mentioned how successful Solana meme coins have been, one of those is Smog Token (SMOG). Immediately after its launch the dragon meme coin pumped which was very impressive as the best is yet to come. Like the Bitcoin halving, Smog Token has its biggest events coming soon; its airdrops.
The people behind this token certainly know what crypto investors want, they have based theirOne of, if not the biggest crypto event of this year, is now within touching distance as the next Bitcoin halving event fast approaches. Historically this event has been a huge boost for the project as it is not only Bitcoin that pumps but most altcoins too. This means investors are now scrambling to find which projects will perform best around the halving period.
While Bitcoin has lost a little ground it is likely to bounce back soon and this will likely help a lot of altcoins too. We decided to compile a list of seven top altcoins to buy before the next Bitcoin halving. All these projects have a great chance to provide serious ROI for investors.
Dogecoin20 (DOGE)
Slothana (SLOTH)
Sponge V2 (SPONGEV2)
Smog Token (SMOG)
5thScape (5SCAPE)
Ripple (XRP)
Pepe Coin (PEPE)
Let's get into why each of these projects has the potential to pump before the halving event.
It has been a long time since we were as blown away by a presale as we were by Dogecoin20's(DOGE20). The meme coin raised $10 million and hit its hard cap in less than two weeks after its launch. A truly historic performance that indicates a lot of future success. Anyone who didn't get DOGE20 during presale can still purchase it before the inevitable surge once its listings begin.
The hype likely comes from this meme coin being a version of Dogecoin (DOGE) that is more suited to a modern-day market. Unlike the original, Dogecoin20 employs a proof-of-stake system that is much better for the environment than proof-of-work. As well as this it facilitates staking which has become a much more important factor in today's crypto projects.
The Solana network has been the place to find the best meme coins in recent times. It seems every new project to come from the network pumps and Slothana (SLOTH) looks like it's next in line. The presale for this new coin only started last week but it already raised over $7.5 million. Given the success of the other Sloth meme coin, Slerf Coin (SLERF), we expect big things.
This is a throwback meme coin that relies on humor and community engagement in order to pump and it looks like investors already love it. Sick of his 9-5 job SLOTH just wants to do one thing and that's explode. It promises to 'get off the herb' but we are not sure. We think the humor behind this project is something meme coin investors will love.
project around airdrops and virality. Investors are able to earn airdrop points by holding SMOG or by completing daily tasks on Zealy. The more they do this the more points they get and the more rewards they will receive when the airdrops commence.
5thScape (5SCAPE) is a project that is looking at the future and trying to predict trends before they happen by being the first-ever VR/AR crypto. Investors certainly seem to be interested as the presale has almost raised $4 million. That's over 300% profit if you had invested right at the beginning when compared to the $0.01 price it will be listed at.
5thScape believes that tokenization will play a major role in the future of VR/AR and wish to get ahead of that. Investors will be able to stake their tokens and earn rewards. 5SCAPE will be used by players for in-game assets and access to premium content. On the other hand, game creators will also be incentivized to build by the token which will only increase in worth as the staking pool grows.
Ripple (XRP) peaked at $0.74 in March and at one stage looked like it could be on its way to $1. Since then the price has steadily dropped as the SEC is once again targeting the altcoin. Worries that the Federal Reserve is not going to slash interest rates have also led to investors cooling on the project.
We agree that it is unlikely XRP will reach $1 anytime soon, however, it has long been forecasted that rates will be cut later in 2024. We think this could be a perfect time to buy XRP as it is unlikely a coin of its market cap will stay at such a low price for so long.
We are closing in on the one-year anniversary of when Pepe Coin (PEPE) shocked the crypto world by exploding out of nowhere and making investors millionaires. The meme coin also had a march where it set new highs consistently but has since cooled off.
The meme coin is traditionally volatile and the crypto market always loves a bit of nostalgia. The one-year anniversary could be the catalyst for another big PEPE pump. If that's the case, now is the perfect time to buy.
So there you have our list of the seven top altcoins to buy before the next Bitcoin halving event. All of them are great options but the first five in particular have low prices and market caps meaning they are prime candidates to really explode.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.