The anticipation for the altcoin season coinciding with the Bitcoin Halving in April has generated excitement in the market. Altcoins, being known for their significant movements compared to Bitcoin, are closely monitored by investors searching for promising performers.
During this altcoin season, we introduce alternative cryptocurrencies to Bitcoin that have the potential for considerable returns due to their use cases and community backing.
Let’s move forward.
Singularity.NET
Given the growing interest in AI-driven projects, the AGIX token has garnered attention as a high-potential asset. The possibility of merging with other leading AI crypto companies has further raised demand for AGIX.
With nearly a 400% surge in the past two months, AGIX's price suggests strong potential for reaching new highs. Currently trading at $1.30, the AI token is on track to hit $2.15 in April. A breakout above $1.42 could serve as an entry point for sideline traders.
Bitcoin Cash
As the Bitcoin rally heads towards the psychological $100,000 mark in April, Bitcoin Cash might benefit from this momentum. Considering the positive impact of the Bitcoin Halving scheduled for April 19th, BCH's price could reach $1,000 during the month.
Based on Fibonacci levels, BCH is positioned to surpass the 38.20% Fib level on the weekly chart. With a 104% increase in the past 30 days, Bitcoin Cash's price trend is gaining strength. The altcoin's potential upside, with an all-time high of $4,300, is substantial.
Shiba Inu
It's impossible to compile a list of top bets without mentioning Shiba Inu, the second-largest meme coin known as the "Doge-killer." With a 139% increase in the last month, SHIB's price is above $0.000030. A bullish scenario for April is forming as Shiba Inu sets its sights on $0.000054 if the upward trend continues.
WIF
Dogwifhat, the leading meme coin in the Solana ecosystem with a market cap of $4.532 billion, has surged by 331% in the last 30 days. The WIF price is poised for further gains in April, potentially reaching $7 or $10 based on Fibonacci levels.
FLOKI
Among the top-tier meme coins, FLOKI stands out as a community-driven asset and a strong performer. With a 652% return in the last year, the FLOKI meme coin is showing signs of a bullish breakout. A bullish scenario above $0.00030 could propel FLOKI towards $0.00060, marking a significant increase from its current price of $0.000242.
Conclusion
As we consider meme coins, AI tokens, and the imminent altcoin season in April 2024, a widespread market surge is anticipated. Should the bull run materialize, our top bets could reach higher targets.
