Top 3 Best Cryptos to Buy Before Bitcoin Halving

Are you looking to make the most of the upcoming Bitcoin halving?

The cryptocurrency market has been pretty wild this April, all thanks to the big Bitcoin halving event that’s coming up. It’s set to happen later this month and it’ll cut the current mining reward from 6.25 Bitcoins to 3.125.

Why does that matter?

Well, it’s supposed to make Bitcoin more valuable, kinda like what happens with precious metals when they become scarce. But here’s the thing – it’s not just Bitcoin that’s expected to go up. Other cryptocurrencies like WIF, BONK, and SLERF are showing signs they might rise too.

Looking back, whenever there’s been a Bitcoin halving, the price has usually shot up. Why? Because more people want Bitcoin, but there’s less of it available. And now, with new Bitcoin ETFs listed in the US, it’s likely even more people will want to buy it.

But here’s the really exciting part. Other cryptocurrencies, called altcoins, have been doing really well too. They’re smaller, lesser-known coins, but they’ve been going up in value fast.

So, if you’re thinking about investing before Bitcoin halving, which cryptocurrencies should you go for? Here are the top 3 best ones to consider.

1. Dogwifhat (WIF)

Have you heard about Dogwifhat (WIF)? It’s a meme-inspired cryptocurrency that’s been grabbing attention lately. Picture this – it’s got a mascot, a Shiba Inu dog wearing a cute pink hat. It’s a fun twist on the usual serious vibe of most cryptocurrencies.

Now, let’s talk numbers. Over the last couple of weeks, WIF’s price has pretty much stayed the same, hanging around $68000, just like Bitcoin. If you look at the charts, you’ll see it’s been moving sideways, forming a pattern called a symmetrical triangle.

As of now, WIF’s price is sitting at $3.8, and it’s gone up by 5.17% today. The market for this meme coin is valued at $3.8 billion, and it’s been trading at around $616 million in the last 24 hours, according to CoinGecko.

What does all this mean for WIF? Well, if it breaks out of that triangle pattern, it could start climbing even higher, maybe up to $4.8. But if it goes the other way and breaks down below the triangle, it might drop down to around $3.

So, keep an eye on Dogwifhat (WIF) – it could be in for some interesting moves soon!

2. BONK

Have you heard about BONK? It’s been making waves as the ‘first Solana dog coin for the people, by the people.’ This meme-inspired cryptocurrency, based on Solana, has really stood out thanks to its unique launch strategy and its strong community spirit.

Let’s talk numbers. In the recent past, whenever BONK’s price started dropping, it found solid support around the $0.00002 level. This happened three times in just three weeks! And guess what? It’s been on the rise lately, climbing up by 8.2% to reach $0.0000223. Plus, its market cap shot up to $1.46 billion.

Looking at the charts, it seems like BONK might be forming a ‘double bottom’ pattern, which is a sign of a possible turnaround. If this pattern plays out, the price could go even higher, maybe reaching resistances at $0.00003 and $0.0000367.

So, keep an eye on BONK – it could be gearing up for some exciting moves ahead!

3. Slerf

Have you heard about Slerf? It’s making waves as a meme-inspired cryptocurrency on the Solana network, featuring a sloth theme. Despite a rocky start – accidentally burning $10 million worth of tokens meant for early supporters – Slerf quickly gained attention in the market.

After its eventful launch, Slerf managed to secure listings on multiple exchanges and racked up an impressive $1.7 billion trading volume in no time.

Now, let’s talk about recent developments. Despite its initial struggles, Slerf seems to be bouncing back. It’s found strong support around $0.357, with two rejection candles on the daily chart. If this trend continues, we might see Slerf forming a ‘double-bottom’ pattern, which could push its price back up from $0.48 to $0.56.

Keep an eye on Slerf – it could be on the verge of a comeback!

In Conclusion

The cryptocurrency market is currently seeing a lack of clear dominance from buyers and sellers, resulting in sideways movement for most major cryptocurrencies. It appears that market participants are holding off on making big moves until after the upcoming halving event.