With the highly anticipated Bitcoin halving event just around the corner, the cryptocurrency market is full of expectations, with top crypto experts forecasting the future price of cryptos. Experts predict a significant price increase in tokens after Bitcoin halving, fueled by the event's historical impact of reducing supply and driving up demand. This presents a golden opportunity for investors to potentially turn a small investment into a significant return.
Five intriguing cryptocurrencies with the potential to deliver high returns in the coming weeks are KangaMoon, Celestia, Renders, Toncoin, and Stacks. While Bitcoin itself remains a solid option, these are among the top cryptos to buy as they offer much promise.
Bitcoin halving refers to when Bitcoin mining rewards are divided in half. The Bitcoin blockchain network takes four years to allow $210,000 more blocks. This is a standard that was set by the founders of the blockchain to reduce how cryptocurrency is introduced into the market. Earlier Bitcoin halving dates were:
November 28, 2012
July,, 9,2016
May, 11,2020
The next Bitcoin halving date is expected in April 2024, and the block reward will be 3.125 BTC. As of March 2024, only about 19.65M BTC were in circulation, leaving just 1.35M to be released through mining rewards.
The KangaMoon token is one of the best crypto investments you can make before the Bitcoin halving event. As one of the hottest meme coins of 2024, analysts believe that it will topple Solana-based meme coins like Bonk, Dogwifhat, and Floki in the coming weeks. The KangaMoon native token KANG is sold for just $0.0196 in the ongoing stage 5 of the presale.
With the token price increasing at every stage of the presale, early buyers have gotten 290% ROI, with analysts projecting over 800% before the end of the presale. So far, more than 6,000 people are holding the token with projections soon to hit 10,000, which has helped the team raise over $4.9M. As a meme-driven community, over 20,000 users have signed up for the platform.
As one of the top crypto coins in the market, some experts have projected 100x rallies in the coming months. That is as the team announced plans to list KANG in top exchanges in Q2. For context, KangaMoon is a play-to-earn platform that rewards users when they participate in various activities. Users can engage in weekly, monthly and quarterly challenges and earn prices.
Also, non-gamers can speculate on the outcome of games and earn rewards. Token holders can earn more tokens when they join in promoting the project on social media. For new investors who want to buy the KANG token today, there is a 10% bonus on all purchases. Above all, KangaMoon is one of the top cryptos to buy now for long and short-term gains.
The TIA is the native token of the Celestia crypto blockchain. It was created to help support several scalable and modular learning features in the infrastructure. The core utilities of the TIA token are staking for network security, partaking in key governance decisions, and validation.
The innovative ideas of the Celestia network have made it one of the modular blockchain networks that is witnessing massive adoption. The Celestia token has also been witnessing massive buyer activity in recent weeks. As per CoinMarketCap data, the Celestia token which was trading below $4 in November last year, has surged above $10 in the past few weeks.
While the coin has plummeted as a result of the market downturn, some analysts project a resurgence in the coming weeks As such, Celestia stands a good chance of breaking its ATH record of $20 after the Bitcoin halving. Some analysts believe Celestia is one of the top cryptos that will explode after the halving.
The Render blockchain was developed to allow people to contribute unused GPU power to help projects render motion graphics and visual effects. This helps lower the creation time for complex content, which has affected many graphic artists. Also, with the Render token, holders will witness top scalability and better performance on large-scale projects.
Moreover, on the Render platform, members can get low transaction costs compared to other traditional platforms. Based on the tokens market stats, the price has declined by 23% in the past month. The weekly price chart also shows a significant fall in price value.
However, Render has witnessed an impressive rally in the past months. Having opened the year at $4.46, Render is trading above $8 which is more than a 100% rally in the past few months. Having surged past $12 in the past few days before the latest price correction, Render has a high chance of trading above $20 in Q2. This makes it one of the top cryptos to watch out for after the Bitcoin halving.
Toncoin (TON) is the token used for all trading activities in the TON ecosystem. The token is used in decentralized apps to pay for transaction fees, and to secure the blockchain.
Toncoin has witnessed many positive news in recent times. A few days ago, the token flipped Cardano to become the 9th largest cryptocurrency. Also, the the Toncoin Foundation has entered into a series of partnerships in recent times which could trigger more rallies for the token.
Numerous crypto experts have picked Toncoin as one of the best cryptocurrencies to invest in the year and they expect the network to continue to witness mass adoption. Data from CoinMarketCap shows that Toncoin's price has surged by a massive 91% in the past month. The weekly price chart also shows a huge 34% increase. At the current trajectory, the Toncoin price will likely reach $20 in Q2, making it one of the top cryptos to buy and HODL now.
Stacks (STX) is a layer 1 blockchain that enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. The platform helps solve scalability problems experienced with Bitcoin. Stacks uses a proof of transfer protocol, which helps enhance security on the platform.
The Stacks native token STX was one of the trending cryptos in the past few months. The token set a new ATH record of $3.84 on April 1st. While the ongoing market retracement has depleted the token price, some analysts are optimistic of a rally in the coming weeks. The Stacks token has gained a massive 197% in the past year. With the Bitcoin halving event drawing closer, Stacks price might hit $10 after the halving.
Here are some important factors to consider when looking for the top crypto to buy that will explode after Bitcoin halving:
One major factor to keep in mind is the price of the token you wish to invest in. If you are new to cryptocurrency, you might want to consider starting with low-priced cryptos. This will help minimize your loss. Also, with cheap cryptos like KangaMoon, you can accumulate as many as possible without breaking the bank.
You should also consider the prospect of a cryptocurrency before making that investment. A token such as $KANG has also given early investors over 290% ROI, which shows the future is bright. This suggests that when such a token is finally listed on tier-1 exchanges, it will head for the moon.
Another huge factor to consider is supply. Many cryptos have a fixed number of tokens supplied. Once the maximum is reached, no new token will be released. When this happens and interest continues, the price of such a token will soar.
The crypto world is looking forward to this year's Bitcoin halving, which will happen in April. Investors are searching for top crypto coins that will explode after the halving. We have discussed the top cryptos to buy ahead of the event and why you should invest in them. Remember this is not financial advice. Always do research before investing.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://KangaMoon.com/
Join Our Telegram Community: https://t.me/KangaMoonofficial
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.