3 Top Altcoins To Hold After Bitcoin Halving Targeting 100x Profit
The cryptocurrency landscape is evolving rapidly, especially following the recent Bitcoin halving on April 19th. Among the myriad of digital currencies, Toncoin (TON), Shiba Inu Coin (SHIB), and XRP stand out as the top three altcoins with the potential for massive gains. These cryptocurrencies are well-positioned to leverage the post-halving momentum for up to 100x profits.
1. Toncoin (TON)
Toncoin (TON), created by Telegram, is revolutionizing the blockchain world with its advanced layer-1 technology. Known for its scalability and ease of use, it is designed for a broad audience. It features low transaction fees and high-speed processing.
The current price of Toncoin is $6.29, reflecting an 11% drop over the past day. Nonetheless, Toncoin has experienced a notable increase of over 50% in the last month. This surge positions it as the third most valuable altcoin post-Bitcoin halving, with the potential for substantial returns.
Toncoin price chart
This upward trend signals robust bullish momentum. Presently, TON is the 9th-ranked cryptocurrency on CoinMarketCap, with a market cap of $21.83 billion. Its value has climbed by 179% over the previous year.
2. Shiba Inu Coin (SHIB)
Shiba Inu Coin (SHIB) has experienced substantial growth within the decentralized finance sector, demonstrating a significant increase in market interest. This meme-based cryptocurrency has risen by 108% over the past few years, indicating a strong bullish trend.
SHIB price chart
Currently, Shiba Inu Coin price trades at approximately $0.00002288, with a recent increase of 0.57%. Its market capitalization has surged beyond $13 billion, positioning SHIB as the 11th largest digital currency by market cap. This advancement highlights its prominence as a key altcoin.
The introduction of Shibarium, SHIB’s Layer-2 solution, has generated excitement and increased the token’s burn rate, contributing to the positive market sentiment.
3. XRP
XRP has distinguished itself as a prominent cryptocurrency built on an open-source and decentralized platform. The XRP Ledger is celebrated for its low costs, rapid processing times, high scalability, and minimal environmental impact. It was the first to offer a decentralized exchange and has been instrumental in the advancement of tokenization on the blockchain.
Amid ongoing legal challenges with the U.S. Securities and Exchange Commission (SEC), which is debating whether XRP should be classified as a security, the digital currency has demonstrated remarkable market resilience. This legal uncertainty has piqued the interest of investors who are keen on XRP’s fundamental value and functionality.
XRP price chart
Currently, the XRP price is at $0.525, marking a 6% increase, which indicates a positive market trend. Over the past year, XRP has grown by over 10%, and with the strengthening bullish momentum, it is now considered one of the top three altcoins to invest in, especially with predictions of significant returns following the Bitcoin halving.
Bottom Line
With the Bitcoin supply cut post-halving, altcoins like Toncoin, Shiba Inu, and XRP are poised to thrive. These coins promise substantial financial returns, potentially up to 100 times the investment, and offer unique technological advancements, making them the top picks for investors aiming for high yields.
The post 3 Top Altcoins To Hold After Bitcoin Halving Targeting 100x Profit appeared first on CoinGape.
Filed under: News - @ January 1, 1970 12:00 am