The cryptocurrency market is waiting for the Bitcoin halving event, which could lead to a surge in the price of Bitcoin. The Bitcoin halving event is scheduled to take place on April 20, 2024, and the development will reduce the supply of BTC by half. This move will make Bitcoin almost no longer available in the market, which could cause it to continue to expand in the index.
Now that the Bitcoin halving event is getting closer, 3 coins are likely to benefit from the development and surge in price. In this article, we will highlight the top 3 coins that are likely to double in price by April 2024 and surge 100% in the charts.
Cryptocurrency Markets: 3 Currencies That Could Rise 100% in April 2024
Shiba Inu
Shiba Inu (SHIB) is currently trading at $0.00002, having fallen from last month’s highs of $0.00004. Anonymous cryptocurrency analyst “Rekt Capital” predicted on Twitter that SHIB could rebound this month like it did in 2021. For the uninitiated, Shiba Inu gained 85,000,000% (85,000,000%) between August 2020 and October 2021. qunjiawei362014583 The cryptocurrency expert explained that SHIB is imitating its 2021 price pattern and may explode during the Bitcoin halving.
PEPE
Pepe Coin remains the star of the cryptocurrency market in 2024, surging more than 500% in three months. The meme currency’s price surged parabolically, allowing investors to reap handsome profits. The Bitcoin halving event may cause the price of Pepe Coin to surge further and stand at a new threshold this month of April 2024.
Dog Wiffle Hat (WIF)
DogWifHat (WIF) traded at $0.004 in December 2023 and surged in price in 2024. WIF has removed all zeros in just four months and is currently trading at $4.38. The DogWifHat cryptocurrency is attracting strong bullish sentiment as investors pile into the coin. Recent price predictions from analysts suggest that the price of DogWifHat WIF could double, reaching the $10 mark next.
