the next Bitcoin Halving is expected to happen in the spring of 2024, which current estimate pointing to Mid April as the most likely time frame for the halving. Bitcoin halving, which happen every 4 years, have so far been pivotal events for the crypto markets, marking the beginning of bull runs. so which are the best cryptos for 2024 in term of their price potential and staying power?
in this article, we will mostly be assuming that just like what we saw after previous halvings, the next Bitcoin halving in 2024 will also be followed by a period of bullish price action.
small market cap coins typically have the biggest potential for gains when the cryptocurrency market is in a bull run. but risk of this small coins higher than compare with BTC.
so, instead of focusing on projects where there's a meaningful risk of catastrophic failure even during a bull market, we will be highlighting for you well established crypto projects that are very likely to perform well if the cryptocurrency market as a whole entires a bull run thanks to the Bitcoin Halving.
the 5 best crypto to buy before the next Bitcoin halving in 2024
without further ado let's get started with our list of the best crypto projects to buy before the next Bitcoin halving.
01).ethereum - the leader in a smart contracts
02).BNB - a scalable alternative to ethereum with support from binance.
03).arbitrum - the leading layer 2 for ethereum.
04).Solana - one of the fastest and most efficient blockchains.
05).DOGEcoin - a meme coin with mainstream appeal
01.ethereum
ethereum is the second largest cryptocurrency by market capitalization, and it is likely to stay that way for a long period of time. ethereum has a market capitalization of 228 billion, while the next closest competitor only has a market cap of about 83 billion dollar. if there is a next bull Market following the next Bitcoin halving ethereum will almost certainly perform well.
in the past few years,, there have been a number of changes to the ethereum protocol that have made a theorem much more attractive assets to hold over the long term which makes it a good crypto to buy right now.
02.BNB(Binance coin)
BNB is a cryptocurrency that was launched in 2017 by The binance cryptocurrency Exchange. however, BNB has taken on a life of its own in the Years following its launch and is now the native asset of its own blockchain platform, BNB chain.
however, many users seems to be happy with BNB chain trade off between decentralization and performance, as it's one of the most widely used blockchain on the market today.
03.Arbitrum
Arbitrum is one of the leading layer 2 scaling solution for ethereum. it utilized optimistic roll-ups technology to provide much faster and cheaper transaction while still leveraging the security of the ethereum main net.
so, if we see a bull run in the cryptocurrency market that brings in new investors who want to access on chain opportunities, Arbitrum seems like a good bet as the go to scaling solution for ethereum.
04.Solana
Solana is, one of the faster and most efficient smart contracts platforms available today. to be clear Solana has seen some notable setbacks in the last year technical issues have caused the blockchain to hold on several occasions, and one of its biggest backers the FTX cryptocurrency Exchange, collapsed in one of the biggest scandals in the cryptocurrency industry's history.
despite this issues, Solana is still alive and kicking. it's impressive scalability allows it to support use case that simply and feasible on most other blockchain platforms. solana is home to a number of popular currency and blockchain projects, including the likes of Stepen, helium, Magic Eden, and Orka. so if we can see bull market in 2024, Solana is most important and valuable coin among others.
05.Dogecoin
we are featuring dogecoin has one of the best cryptocurrences to buy before the Bitcoin halving. since doge has demonstrated impressive longevity since it's launch back in 2013.
during the last cryptocurrency Market Bull Run in 2021 Doge coin was one of the biggest gainers with over huge influx of new investors and tiring the crypto market.
the article highlight coins to form a portfolio for 2024 and Beyond the assets describe how the potential to revolutionize different area of life, aspects of the cryptocurrency market there is a real benefit in them and many of the projects are still considered undervalued, although their fundamentals are quite strong.
Disclaimer :
the information presented in this article is for information and educational purpose only the article does not constitute financial advice for advice of any kind. Writer is not responsible for any losses in curd as a result of the utilisation of content product of service mentioned readers are advisord to exercise caution before taking any action related to the company.
