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Crypto market is in for a wild bull ride in April and probably the rest of the year.
With the halving even less than two weeks away, investors are increasingly buying the current dip in hopes of huge gains.
However, knowing where to put your funds is a much harder task. While all cryptos can hope for a 2 X to 3 X pump, those gems that can earn you generational wealth are harder to spot.
Not to worry, we prepared ourselves and listened to what every crypto savant had to say for the past few months.
We analyzed their research methods and signs they're looking for in new crypto projects, and we copied them to find the 10 best cryptos to hold in April 2024.
Let's take a look at these potential 100X winners.
Time is money, so if you don't want to read extensive crypto reviews, we've prepared this quick sum up of the tokens that we'll talk about today:
With the basics out of the way, we can move on to a detailed analysis of the 10 best cryptos of April.
The first up on our list is the Dogeverse ($DOGEVERSE) project, a first crypto with real multi-chain accessibility.
This coin is available for purchase across six major blockchain platforms, including Ethereum, Binance, and Polygon. Future plans include expanding to Solana, Base, and Avalanche.
This strategic move broadens its reach to a vast community of meme coin enthusiasts and traders and enhances its visibility across the crypto landscape.
Early adopters can stake their DOGEVERSE tokens to earn an annual percentage yield (APY) of over 600,000%, distributed over a two-year period.
The initial coin offering (ICO) of Dogeverse has already demonstrated significant investor interest, securing over $250,000 in a matter of minutes. This early success suggests a great potential for growth, especially with "Doge Day" approaching on April 20th.
In an effort to enhance the token's value and demand, the Dogeverse team has decided to sell only 15% of the total token supply of 200 billion during the presale phase.
An additional 25% of the supply is earmarked for marketing, ensuring Dogeverse receives substantial visibility across all its blockchains.
By leveraging multiple blockchains and offering lucrative staking rewards, Dogeverse is not just another meme coin—it's a platform with the potential for exponential growth and strong community backing.
Slothana is one of the best meme coins to hold in halving April.
This project is building on the momentum of recent Solana-based meme tokens like $SLERF and $PUMP, which have delivered impressive returns.
Drawing inspiration from these predecessors, $SLOTH introduces an innovative approach to its presale, setting itself apart in the overfilled meme market.
Instead of the traditional presale rounds seen in many projects, Slothana simplifies the investment process.
Investors are invited to send $SOL tokens directly to Slothana's designated wallet address: (EnSawje2vQSQKtGbPYdXEuYKm2sHgeLKJTqCmrDErKEA).
After that, $SLOTH tokens are airdropped to investors, allowing them to receive their tokens without waiting for the presale to conclude.
The narrative behind Slothana is as engaging as its investment model. It features a sloth character who leaves its mundane 9-5 office job to dive into the crypto trading world, aiming for massive profits.
In less than two weeks, the $SLOTH has raised over $10 million in funding. An investment of just one $SOL token buys 10,000 $SLOTH tokens.
Slothana's innovative presale method, unique narrative, and early fundraising success earned it a spot on our top list.
5th Scape ($5SCAPE) is making a bang in the VR space and is anticipated to be among the best cryptos of April 2024.
This online platform is dedicated to providing a hyper-realistic virtual experience that effortlessly merges the real with the virtual, aiming to offer an unparalleled immersive experience.
Holders are granted complimentary basic access to an extensive selection of games, alongside educational content, enhancing both entertainment and learning.
The platform, according to its whitepaper, is set to introduce five distinct VR-based games. The inaugural game, "Cage Conquest," scheduled for release in Q2 2024, will plunge players into the intense world of Mixed Martial Arts (MMA).
Here, players can undergo rigorous training and compete online, delivering an authentically gritty experience of the sport.
Moreover, 5th Scape is committed to providing a genuinely immersive VR experience by offering specialized equipment, including a VR headset and a VR chair.
Ownership of the $5SCAPE token not only guarantees lifelong access to the platform's captivating VR content but also secures discounts on all 5th Scape products.
The platform's focus on delivering a seamless blend of gaming and educational content through VR technology highlights its potential to redefine the virtual world experience.
As we look toward April 2024, 5th Scape stands out as one of the most promising projects in VR niche.
One of the best crypto presale opportunities this month is Dogecoin20 (DOGE20), a project inspired by the Shiba Inu-themed meme coin legacy but with a forward-thinking approach to sustainability and innovation.
Unlike the typical meme coin, Dogecoin20 is an Ethereum-based ERC-20 token that allows holders to stake their DOGE20 tokens and generate high yields as passive income.
This staking feature is a key selling point, with presale investors eyeing staking rewards of over 300,000% according to the project's whitepaper.
Additionally, 15% of the total token supply is allocated for distribution as staking rewards, presenting an attractive proposition for early adopters.
Given the endorsement of high-profile figures like Elon Musk for Doge-themed coins, Dogecoin20 appears well-positioned to capitalize on this trend once it launches on the open market after the presale phase.
By focusing on sustainability and lucrative staking opportunities, the project aims to strike a balance between capturing the allure of meme culture and delivering tangible utility for token holders.
The meme coin craze shows no signs of slowing down, and one project that is grabbing all of the headlines is Sponge V2 ($SPONGEV2).
The original $SPONGE token experienced a remarkable rise, skyrocketing from a launch valuation of $1 million to a staggering market cap exceeding $100 million at its peak, delivering over 100x returns for early investors.
Capitalizing on this momentum, the team behind $SPONGE has unveiled Sponge V2, a revamped token designed to offer enhanced features and utility.
According to the project's whitepaper, Sponge V2 aims to expand the token supply to 150 billion, with a portion dedicated to supporting rewards for a new play-to-earn crypto game inspired by the beloved Spongebob Squarepants franchise.
Additionally, the increased supply will facilitate rewards for holders of the V1 token.
The Sponge V2 team is actively working to build anticipation by pursuing listings on prominent crypto exchanges like Binance and OKX, the world's largest trading platforms.
Given Binance's recent inclination to list meme coins such as $BONK and $MEME, a potential $SPONGEV2 listing could be on the horizon.
In an effort to attract new investors, the project is currently offering a 100% purchase bonus. Anyone who buys $SPONGE will automatically have their V1 tokens staked and receive an equivalent value in new V2 tokens, which is a good chance if you're looking to get in early.
In February 2024, Smog ($SMOG), a Solana-based meme coin, made a bold move by opting for a fair launch, bypassing the traditional presale route, and making its debut directly on the Jupiter decentralized exchange.
This innovative approach has allowed investors to purchase $SMOG not just with Solana but also using ETH or USDT directly through the Smog website, widening access and participation.
The impact of Smog's launch strategy was immediately evident, with the token's value skyrocketing by 1,300% in the first day alone.
This momentum has not waned; to date, the token has seen an incredible increase of 5,200% from its initial launch price.
Such performance has catapulted Smog's market capitalization from an initial $2 million to an astounding $171 million in a relatively short timeframe.
Token holders have the opportunity to earn rewards and participate in community-driven airdrops.
By simply holding $SMOG tokens, investors start racking up airdrop points. The team behind Smog is also planning to roll out a series of quests and challenges, offering additional ways for the community to earn more airdrop points.
The enthusiasm for Dogecoin is peaking once again, as investors are quickly jumping on the bandwagon, driven by new hype cycles that can rapidly inflate the price.
This time, there's a buzz about a potential game-changer: rumors are circulating that advertisers might soon have the option to pay for ads on X, the platform formerly known as Twitter, using DOGE.
This development is exciting as it hints at Dogecoin gaining more practical utility, something that could significantly enhance the digital asset's value.
The concept of using Dogecoin as a payment method isn't entirely new. In the past, Tesla opened the door to purchasing merchandise with DOGE, and the Dallas Mavericks have been accepting Dogecoin for ticket and merchandise sales.
Shiba Inu's (SHIB) price could be on the cusp of a notable uplift around April 17, as indicated by current chart trends.
At this juncture, the 50-day Exponential Moving Average (EMA) is poised to converge with SHIB's existing price point. This alignment could serve as a bullish signal for SHIB, potentially providing a solid foundation for upward momentum.
Should SHIB manage to leverage this EMA line as a support mechanism, it's possible we'll witness an acceleration in its price growth.
Solana saw incredible growth over the past year, particularly in recent months with the reignited meme coin mania.
However, that was put to a halt with the congestion problems two weeks ago. Many experts speculated that this could be very problematic for Solana's future prospects.
Thankfully, SOL's developer gave a statement on X that the congestion is not a design flaw, rather than an update bug. He also shared that the network will fix it on April 15th.
XRP has emerged victorious from its prolonged legal battle with the SEC, finally clearing up the ambiguity over its status as a security in the US.
Since the court's decision last summer, XRP has seen a modest uptick in price. However, many market analysts argue that it remains underpriced, especially when considering the growing interest in utilizing XRP for global payments.
With the crypto market on the cusp of a bull run, XRP's value has the potential to surge, buoyed by its newfound legal clarity and increasing adoption among major banks.
Here you have it: our list of the 10 most promising cryptos for April 2024. We looked into each coin's tokenomics, the developers' teams behind it, and the overall community sentiment.
After our research team went through hundreds of tokens, these 10 were the only ones that ticked all of our rigorous boxes.
Projects were evaluated based on factors such as market performance, technological innovations, community engagement, and real-world utility.
The list includes a mix of cryptocurrencies that could be considered for both long-term holding and shorter-term trading opportunities, depending on individual investment strategies and risk appetites.
Not at all. While timing the market perfectly is challenging, the cryptos listed are chosen for their long-term value.
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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.
