Imagine owning the next Amazon or Apple before they exploded onto the scene. That's the kind of potential we're talking about with these altcoins, crazy ROI without stress! In this video we are going to be looking at major altcoins to buy before the bitcoin halving event. We're talking a potential gold rush for altcoins, a once-in-a-lifetime chance to stack serious gains, because after the event, we might not see a solid boom again.
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The halving cuts the number of new Bitcoins entering circulation in half. This can lead to scarcity, potentially driving the price of Bitcoin up. As Bitcoin becomes more expensive, investors might look towards altcoins like the ones we would look at now, seeking better returns. This can increase demand and potentially pushing its price higher.
The first altcoin we would be looking at is Superverse dao. SuperVerse is a native blockchain tailored for gaming and has recently witnessed a surge in its value. It is currently trading at $1.33, indicating a notable uptrend. Over the past week, the token saw a 10.01% increase, reflecting growing interest and confidence among investors.
The distinguishing feature of SuperVerse is its lightning-fast, low-cost transaction capabilities, specifically designed to cater to the gaming community. Holding SUPER tokens confers several privileges. These include governance over on-chain product fees, access to exclusive events, and the opportunity to earn custom gaming rewards within the gaming partner ecosystem.
Recently, SUPER announced a new development that has drawn considerable attention in the market. SuperVerse’s integration with Wilder World aims to offer unique utility to SUPER token holders. It allows them to navigate different dimensions within the Wilder World ecosystem.
Overall, SuperVerse’s integration with Wilder World signifies a significant step toward creating a unified crypto-gaming network. Here, token holders can seamlessly engage with various gaming titles and metaverse experiences. This collaboration holds the potential to redefine the gaming landscape. It offers users a new dimension of utility and interactivity within the blockchain gaming ecosystem.
If Superverse DAO continues to deliver on its project roadmap and attract users, it strengthens its position and becomes more attractive to investors during a bullish market. I'm optimistic about this one as its gaining attention and might have a price spike before or during the halving event.
We would be looking at Chainlink now. The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network
Chainlink (LINK) remains in an uptrend according to technical analysis from altFins. Despite mixed signals from momentum indicators, analysts are bullish on LINK’s potential, with some forecasting a 95% chance of further price appreciation in the next six months.
Chainlink has shown significant potential with its innovative solutions and growing adoption in various sectors.
Chainlink's focus on innovative solutions and growing adoption suggests strong potential regardless of the halving. However, a rising Bitcoin price could add fuel to the fire, pushing LINK's price even higher.
Moving unto Xcad network. XCAD Network – a tokenisation platform for YouTubers to connect and reward their viewers with crypto tokens – today announced it has signed MOUs (Memorandum of Understanding) with multiple governments to expand incentivised Web3 education to millions of people across the globe. I see this as good news that can bring up to 50x returns in line with the upcoming bitcoin event.
XCAD Network has already onboarded some of the biggest YouTubers in the world to issue creator tokens on its platform. Imagine having Mr Beast on this platform, you all know what it means for us. However, getting governments involved gives the project more credibility. This allows XCAD Network to attract even bigger names to issue creator tokens, stay on top of regulatory requirements and drive more users to the XCAD platform.
With a circulating supply of 47.73M XCAD out of a maximum supply of 199.11M XCAD, the token experiences an annual supply inflation rate of 18.07%. It has resulted in the creation of 7.31M XCAD over the past year. Furthermore, this supply inflation may impact the token’s price dynamics and investor sentiment. The partnerships and government involvement XCAD boasts are positive signs for its credibility and potential user base.
Despite market fluctuations, XCAD Network remains actively traded on 18 cryptocurrency exchanges, including KuCoin and Bybit. Over the last 24 hours, $11.56M worth of XCAD Network was exchanged, showcasing its liquidity and investor interest.
Next on the list is fetch ai. Fetch.AI is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy.
Fetch.ai (FET), Singularitynet (AGIX) and Ocean Protocol (OCEAN) are merging to create the largest independent player in artificial intelligence (AI) research and development.
In a statement, Fetch.ai says it is melding minds with the two other blockchain-based artificial intelligence (AI) platforms to form The Superintelligence Alliance.
The resources needed to win this competition are immense and the solution needs to be vertically integrated into the whole technology stack, including infrastructure like data management, AI Agents and models and predictions.
The merger with other AI platforms positions Fetch.ai as a major player, and its recent price surge suggests growing interest. If the positive momentum continues, the halving could further amplify its growth.
Fetch.ai (FET) has been performing incredibly in the last month. Namely, FET’s price surged by an impressive 174%.
FET’s surge could be fueled by a recent announcement from the platform. This news unveils GPU rewards post $100M infrastructure investment, enhancing development and user incentives and driving bullish sentiment and market performance.
Furthermore, FET’s technical analysis suggests a “Strong Buy” for the cryptocurrency. Based on these factors, analysts expect FET to reach $5 by May. Let us know what you think about Fetch.ai in the comments.
Finally, lets look at Xrp. Yeah, ripple. Ripple has been acknowledged widely for its incredible price momentum and future trajectory. Despite the token being embroiled in a war with the SEC, XRP continued to impress the masses by keeping its trajectory steady for a long time.
Now, Ripple has a chance to benefit as $300 billion has entered the crypto market, with XRP preparing for a surge. Indeed, the market increase could build on Ripple’s overall prevalence and analysts’ ongoing expectation of its impending surge.
Several analysts have predicted that XRP will cross the $1 mark soon. Milky Bull, a notable crypto analyst, has shared how XRP can soon cross critical price thresholds, triggered by positive market sentiment and a bull run. The analyst later backed his prediction by sharing a price graph, adding how XRP recently crossed a critical price conjuncture.
Alright, crypto fam, to wrap things up! The Bitcoin halving is on the horizon, and it has the potential to be a game-changer for the entire crypto market. We dove into how a rising Bitcoin price due to scarcity could lead investors towards altcoins, potentially causing their prices to surge.
We explored several exciting altcoins that could be well-positioned to benefit from the halving. Remember, the halving's influence isn't a guarantee. Each altcoin's success depends on its own development, community, and market conditions. So make sure to research before investing into any altcoin.
If you found this breakdown helpful, smash that like button and subscribe for more in-depth crypto analysis. We've got tons of content coming your way to help you navigate the exciting world of crypto. Let us know in the comments which altcoin you're most bullish on for the halving, and don't forget to check out the links in the description for more info.
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