The cryptocurrency market is awaiting the Bitcoin halving event that could lead coins to a surge in price. The Bitcoin halving event is scheduled to take place on April 20, 2024, and the development will cut BTC’s supply in half. The move will make BTC scarcely available in the market which could make it sustainably scale up in the indices.
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Now that the Bitcoin halving event is getting closer, 3 coins could benefit from the development and surge in price. In this article, we will highlight the top 3 coins that could double in price in April 2024 and spike 100% in the charts.
Cryptocurrency Market: 3 Coins Could Rise 100% in April 2024
- Shiba Inu (SHIB)
Shiba Inu (SHIB) is currently trading at the $0.00002 level after falling from a high of $0.00004 last month. Pseudonymous cryptocurrency analyst ‘Rekt Capital‘ predicted on Twitter that SHIB could rally this month like did in 2021. For the uninitiated, Shiba Inu rallied 85,000,000% (85 million percent) between August 2020 to October 2021. The cryptocurrency expert explained that SHIB is mimicking its 2021 price pattern and could break out during the Bitcoin halving.
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- Pepe Coin (PEPE)
Pepe Coin remains the star of the cryptocurrency market in 2024 as it spiked more than 500% in three months. The meme currency surged parabolically in price making investors reap handsome profits. The Bitcoin halving event could make Pepe Coin spike in price further and stand at a new juncture in this month in April 2024.
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- DogWifHat (WIF)
DogWifHat (WIF) was trading at $0.004 in December 2023 and skyrocketed in price in 2024. WIF deleted all its zeroes in just four months and is currently trading at the $4.38 level. The DogWifHat cryptocurrency is attracting heavy bullish sentiments as investors are flocking into the token. A recent price prediction made by an analyst explains that DogWifHat WIF can double in price and reach the $10 mark next.