Best Altcoins to Watch Before Bitcoin Halving – The Next Cryptocurrency to Explode in 2024

adminFebruary 29, 2024

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Several analysts expect the cryptocurrency market to rebound after the Bitcoin halving, which will cause investors to actively look for altcoins that can soar before this significant event occurs. The cryptocurrency market is showing signs of recovery after a two-year slump, with $BTC surging back into the $63,000 price range.

Additionally, Bitcoin is scheduled to enter its next halving in April of this year, which will reduce rewards to miners by half. Taking these developments into account, this article compiles a list of the most promising cryptocurrency assets ahead of the Bitcoin halving.

Theta Network (THETA)

The Theta Network has garnered attention for its innovative approach to decentralized video streaming and partnerships with major players in the media and entertainment industry.

Factors such as increased adoption, technological advancements, market sentiment, and broader industry trends may contribute to the growth potential of the Theta network during a bull market.

As of this writing, the price of $THETA is $1.86. Over the past seven days, the Theta network has experienced a sharp rise of 51.35%, making it one of the best gains in the industry.

Moreover, the incredible 85.49% increase this month highlights the positive fundamentals driving the token’s growth. A breakout of $2.35 could indicate a potential return to the $3-4 range, reflecting a very optimistic outlook.

SPONGEV2 (SPONGEV2)

Sponge V2 represents an evolution of the $SPONGE meme coin, which aspires to surpass its predecessor, which surged 100-fold in value, reaching a peak market capitalization of $100 million. Now $SPONGE V2 is positioned to have a much larger impact.

It is important for investors to be aware that V2 tokens can only be accessed through conversion of V1 tokens. By staking and locking V1 tokens, investors can earn staking rewards in $SPONGE V2 for four years, providing a compelling incentive for early adopters.

you know what to do @ElonMusk #sponge #web3 #altcoin #transaction pic.twitter.com/2YwbElUtYq
— $SPONGE (@spongeoneth) February 29, 2024

As of this writing, there are already over 8.7 billion $SPONGE tokens staked, delivering an APY of 185%. Going forward, Sponge V2 has ambitious plans to ensure accessibility for all participants, including introducing new Play-to-Earn (P2E) crypto games with both free-to-play and pay-to-play options.

The paid version includes a global leaderboard, giving players a chance to win more $SPONGEV2. We also have ambitions to list on popular exchanges such as Binance and OKX.

With these advancements, the future looks bright for Sponge V2. Those who are interested can follow Sponge V2 to receive the latest news. X (formerly Twitter) and joined our Telegram group.

beam (beam)

Beam is a blockchain tailored for gaming, streamlining the game development process and enhancing player engagement. Beam, operated by Merit Circle DAO, utilizes the $BEAM token as its native cryptocurrency. Tools like the Beam SDK allow game developers to easily integrate Beam into a variety of applications.

$BEAM serves as the primary medium for transactions and interactions within the Beam network, ensuring a seamless gaming experience. It will also play a pivotal role in managing the Merit Circle DAO, enabling token holders to participate in the gaming industry.

The current Beam price is $0.033 and the market capitalization is $1.73 billion, making Beam the 55th cryptocurrency by market capitalization. If market momentum and investor sentiment continue to strengthen, $BEAM could potentially reach $0.055.

Additionally, with future upgrades and advancements in the Beam ecosystem, $BEAM has the potential to surpass the current high (ATH) of $0.037 and establish a new ATH.

To discover more altcoin options, you can watch the video provided above and subscribe to his YouTube channel for more crypto-related content. Jacob Crypto Bury also maintains a Discord channel with 21,000 members, providing users with trading tips and insights on upcoming cryptocurrency presales.

Solana (SUN)

Solana is a blockchain initiative dedicated to decentralized financial solutions, using a hybrid consensus model that combines Proof of History (PoH) and Proof of Stake (PoS) mechanisms to improve scalability.

The project emphasizes democratizing access to decentralized finance, serving both individual traders and institutional investors. Solana has emerged as the latest altcoin to hit a new yearly high, with the cryptocurrency rally further expanding in the blockchain sector thanks to growing interest in meme coin project dogwifhat (WIF).

Solana cryptocurrency 7-day price graph

In particular, the price of $SOL surged about 16% in the past 24 hours and successfully recovered the $130 level. Investor sentiment towards Solana remains bullish based on strong liquidity and a market dominance of 2.47%.

The bullish momentum is expected to continue if the market pushes $SOL price above the $130 resistance level and is likely to test the upper resistance level of $135 by the end of the week. Maintaining the price at this level would pave the way for Solana to challenge the $140 cap.

Meme Combat (MK)

Meme Kombat, an Ethereum-based Web3 fighting game, recently concluded its $MK token sale, raising $10 million and meeting its initial funding goal. However, many people are wondering why pre-sale purchases are possible. However, founder Matt Whiteman addressed these concerns on his Telegram channel.

Token prices were adjusted during the pre-sale, resulting in unsold surplus tokens. This surplus will allow for additional purchases, but any excess funds will be used for buybacks upon token launch to stabilize the $MK price.

6 days left!
Bloodshed is approaching and we can’t wait to see memes resolve it ⚔️ pic.twitter.com/I0UZSLvxJi
— Meme Kombat (@Meme_Kombat) February 28, 2024

As the ICO ends in 5 days, investors will still have the opportunity to acquire $MK tokens at an exclusive price of $0.279. Additionally, Meme Kombat is actively working with centralized exchanges (CEXs) and decentralized exchanges (DEXs) for listings and is preparing to launch Season 1.

The game’s potential to revolutionize the cryptocurrency gaming industry is highlighted by its innovative concept, dedicated community, and favorable market conditions.

Follow our Telegram channel to stay updated on Meme Kombat’s exchange listing announcement. X account. Please visit memekombat.io for your last opportunity to purchase $MK tokens.

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