The price of Bitcoin has been going up, and the fact that it has surpassed $52k is quite impressive. This price increase may lead people to believe that the bull run has already started. However, that is not quite the case.
It is expected that the bull run will show its strength after the halving that is expected to occur on April 19th, and, according to the analyst that goes by the name PlanB, the bull run will be “completely different. ” This article will explore the period when the bull run could reveal its strength, but we will also cover the most popular cryptos to invest in now, so let’s take a closer look!
7 Cryptos You Shouldn’t Miss
The crypto market seems poised to flourish this year. Whether you’re focused on short-term profits or exploring long-term possibilities, the importance of well-informed investment choices cannot be overstated. This article showcases the top 7 cryptocurrencies that investors should consider now. Backed by the most wanted features that the investors want to see and enormous growth potential, these cryptocurrencies stand out as promising investment opportunities:
- Smog ($SMOG)
- Bitcoin Minetrix (BTCMTX)
- Sponge Token V2 ($SPONGEV2)
- Scotty the AI ($SCOTTY)
- Meme Kombat ($MK)
- eTukTuk ($TUK)
- Memeinator (MMTR)
Take a closer look at these cryptos so you can better understand why buying them now could bring significant returns during the bull run expected to occur soon!
1. Smog ($SMOG) – A New Star on the Meme Coin Sky
Smog is the newest meme coin that instantly attracts the attention of investors. This dragon-themed token comes with aspirations of attaining top status among meme coins on the Solana blockchain. Developers aim to achieve this goal through what they assert will be the “greatest airdrop in history,” rewarding $SMOG holders with a portion of 35% of the total token supply.
The token’s visual appeal adds to its allure and captures the attention of potential investors. As indicated in Smog’s roadmap, further piquing interest is the possibility of a token burn. If executed, a token burn could enhance scarcity, potentially leading to additional price growth for $SMOG. This token is already available on Jupiter, as there was no presale, so make sure you invest before its price explodes!
2. Bitcoin Minetrix (BTCMTX) – The Only Cloud Mining Platform Investors Need
The analysts expect that the price of BTC could go up to $100k. Mining BTC in a traditional way is challenging because of the energy consumption, while cloud mining provides just what investors need. Bitcoin Minetrix spearheads this innovative approach, gaining recognition in the crypto community for its forward-thinking solutions.
The essence of the Bitcoin Minetrix ecosystem is BTCMTX, an Ethereum-based token that powers the platform’s ecosystem through a smart contract. Users staking these tokens earn convertible cloud mining credits, ensuring ownership and process authenticity with non-transferable credits for enhanced security. This user-friendly approach enables the direct transfer of mined BTC to individual wallets, so make sure you join in order to explore everything this project offers!
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3. Sponge Token V2 ($SPONGEV2) – Enhanced Version of $SPONGE Absorbing All Damp
Sponge V2 emerges as one of the latest meme coins, diverting attention from the prominent dog-themed meme coin sensations and signaling a favorable time for change. Introduced in May 2023, Sponge V1 featured the beloved SpongeBob character, resonating with thousands of people worldwide.
For Sponge V1 holders, a seamless exchange of tokens for Sponge V2 is now possible. Additionally, those without Sponge V1 can directly acquire V2 tokens through the Sponge website. With the introduction of new features like staking and play2earn in Sponge V2, investors can anticipate substantial returns. Join early to be a part of this exciting evolution!
4. Scotty the AI ($SCOTTY) – The Crypto Detecting Fraud in the Crypto World
Scotty the AI employs artificial intelligence and blockchain technology to offer the security and integrity investors are looking for. Its primary objective is to deliver cutting-edge AI-powered solutions for fraud detection and risk mitigation. Scotty the AI boasts advanced AI capabilities, enabling it to analyze intricate blockchain data and identify patterns. The algorithm can recall every transaction, block, and hash created.
Additionally, Scotty the AI exhibits lightning-fast agility, allowing the blockchain to swiftly navigate the digital realm and neutralize risks with precision and accuracy. These robust features position Scotty the AI as a potential leading cryptocurrency asset in the future, so secure your tokens in time!
5. Meme Kombat ($MK) – Meme Coin Fusing The Most Popular Meme Characters Together
Meme Kombat is positioned for widespread popularity as it cleverly combines iconic meme characters, such as Dogecoin and Pepe, alongside numerous others. Going beyond the recognized potential for profits in meme coins and staking rewards, the Meme Kombat Battle Arena introduces an innovative gaming experience by seamlessly integrating artificial intelligence and blockchain technology.
Within this distinctive gaming arena, players partake in battles, confronting both other players and in-game challenges while staking tokens and betting on the outcomes. In addition, Meme Kombat’s stake-to-earn concept aligns with the prevalent trend in the crypto world, contributing to its status as one of the most lucrative investments in 2024!
6. eTukTuk ($TUK) – The Most Popular Green Crypto On The Market
eTukTuk seeks to provide opportunities for advocates of the sharing economy model to reduce CO2 emissions and give investors a chance to earn. With the growing popularity of cryptocurrencies, the creators of eTukTuk have discovered a new utility that is likely to be appreciated by many, especially as this project incorporates staking, a highly sought-after feature among investors.
$TUK serves as the backbone of the ecosystem, playing a crucial role for drivers looking to recharge their vehicles through the Driver App. As a result, individuals holding $TUK receive a network fee each time a driver charges their vehicle. If you are interested in preserving the planet combined with the earnings that cryptos bring, secure your $TUK tokens in time!
7. Memeinator (MMTR) – Crypto Looking to Eliminate Weak Meme Coins
Memeinator has entered the scene to combat meme coin market saturation and will spare no effort in its mission to eliminate feeble meme coins. Taking inspiration from the Terminator film franchise, Memeinator is determined to bid farewell to lower-quality coins, echoing the iconic “hasta la vista.”
Memeinator unveils the Memescanner tool, leveraging AI technology. This cutting-edge tool diligently scans the internet to pinpoint irrelevant meme coins, transforming them into characters in the platform’s immersive first-person shooter game, Meme Warfare. The interesting approach pushes this crypto under the spotlight.
When is a Bull Run Expected to Occur?
Bitcoin functions like any other asset in regard to supply and demand. What sets this cryptocurrency apart is the certainty about its increasing scarcity over time and the precise details of when and by how much this scarcity will occur. At the core of its robust monetary model is an inherent event encoded into its system, referred to as the halving.
After every 210,000 blocks are added to the blockchain, roughly occurring every four years, the cryptocurrency’s inflation rate undergoes a 50% reduction. This process will persist until 2140, marking the conclusion of Bitcoin mining.
The upcoming halving is scheduled for this April, decreasing Bitcoin’s inflation rate from approximately 1.75% to a mere 0.85%. Consequently, only 656,250 Bitcoins will enter the market between this and the subsequent halving, precisely half of the 1,312,500 introduced in the previous halving. The implications of the halving are straightforward. As the supply rate diminishes, Bitcoin’s price has the potential to surge, even if the demand remains constant.
It is expected that once the halving is finished, the price of Bitcoin may go up to $100k. Considering the historical market cycles of Bitcoin, it’s plausible to anticipate the commencement of the next cryptocurrency bull market following Bitcoin halving in 2024, reaching its zenith around late 2025.
Cryptocurrencies undergo distinct phases of bull markets, characterized by upward price trends, and bear markets, marked by downward movements with intermittent fluctuations. Presently, we find ourselves in a bear market, with the prices of major cryptocurrencies significantly lower than their previous peaks.
Despite recent rallies in the prices of some crypto assets over the past few weeks, it’s premature to label this activity as a full-fledged bull run. Given these circumstances, it’s understandable that many crypto investors are pondering when the next significant crypto bull run will transpire. However, one thing is certain – preparation now is necessary and previously mentioned cryptos are just what investors need!
Conclusion
Things are finally getting better for crypto investors, and now is the perfect time to lay the foundation for a successful year. According to all the features they offer, $SMOG, BTCMTX, $SPONGEV2, $SCOTTY, $MK, $TUK, and MMTR stand out as the best cryptos to invest in. Secure your portion in time so you are ready to enjoy the expected price explosion in a matter of months!
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