The growing sentiment reflects the overall market’s enthusiasm for the upcoming altcoin season, along with the Bitcoin halving this April. The low market capitalization of altcoins, which are known for bigger and more dramatic moves than Bitcoin, have investors looking for the next top performer.
In the season of accumulating the next best altcoins, we present to you alternative cryptocurrencies to Bitcoin. With the potential to secure higher returns, these altcoins offer significant use cases and/or community support.
Now, let’s continue.
Singularity.NET
With market participants enthusiastic about AI-based projects, AGIX token emerges as a token with high potential. Additionally, demand continues to surge following news of mergers with other top AI cryptocurrency companies.
Trading View
With a massive surge of nearly 400% over the past two months, AGIX price shows tremendous underlying potential to hit new highs. Currently, the AI token is trading at $1.30, showing a potential upward trend that could see it hit $2.15 this April. In the near term, a break of $1.42 would signal an entry point for sideline traders.
bitcoin cash
Bitcoin Cash could take advantage of the Bitcoin rally, which aims to hit the psychological $100,000 mark in a sprint this April. Additionally, with the positive rise in Bitcoin halving on April 19, the BCH price could surpass $1,000 in April.
Trading View
As per Fibonacci levels, BCH price is poised to surpass the 38.20% Fib level on the weekly chart. Bitcoin Cash price trend is gaining momentum with a massive 104% rise in the last 30 days.
With Bitcoin Cash at an all-time high of $4,300, the upside potential for altcoins is enormous.
shiba inu
No list of the best bets in the cryptocurrency industry would be complete without the Shiba Inu token. The second largest meme coin known as the Doge-killer, SHIB price trends are always in the spotlight.
Trading View
SHIB price is trading above $0.000030, with the meme coin increasing 139% in the last 30 days. With the weekly chart turning around after the retest, Shiba Inu is setting the stage for a strong April.
If the upward trend continues, SHIB price could hit $0.000054 in April.
WIF
Dogwifhat, the largest meme coin in the Solana ecosystem, represents a massive market of $4.532 billion. WIF price is poised to extend its upward trend to even greater heights in April, as the meme coin surged 331% in just 30 days.
Trading View
With potential altcoin season coming in April, undervalued meme coins like WIF could soar and generate huge profits. Taking a conservative approach, trend-based Fibonacci levels predict a jump to the $7 or $10 levels.
Floki
One of the best-performing top-tier meme coins, FLOKI is another community-based bet on our list. Additionally, with hype and FOMO being key catalysts in recent bull markets, the FLOKI meme coin is a near-perfect choice.
Trading View
The FLOKI price could soon surge as the bottom rounds off and a bullish breakout is poised to bounce off the support trend line. Additionally, meme coins are gaining momentum with a 652% return over the last 365 days.
Therefore, a bullish breakout of $0.00030 could allow Meme Coin to surge more than 100% from its current market price of $0.000242 to reach $0.00060.
conclusion
Massive upside is expected across markets as meme coins, AI tokens, and Bitcoin close out as top altcoin bets for April 2024. In such cases, strength could lead to a higher target on our top bet.