Top 3 Cryptocurrencies That May Hit All-Time Highs In Q2 2024

Paigambar Mohan Raj
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The cryptocurrency market seems to be edging towards a rebound, with Bitcoin (BTC) inching closer to the $70k mark again. Moreover, BTC will undergo its next halving cycle later this month. The halving event may trigger another bull run, sending many assets to new all-time highs.

With that said, let’s look at three crypto assets that analysts predict could hit new peaks in Q2 following BTC’s halving event.

Top 3 cryptocurrencies that could hit all-time highs

Shiba Inu (SHIB):

shiba inu space eclipse moon
Source: Unsplash

Shiba Inu (SHIB) is one of the most popular cryptocurrency assets in the market. Although the token had a lackluster year in 2023, analysts anticipate the asset to soar this year. SHIB is currently down by about 67% from its all-time high of $0.00008616, which it attained in October 2021. However, this may soon change.

Source: CoinCodex

Also Read: Cryptocurrency: Top 3 Crypto Coins Slated To Deliver Top Returns Post Bitcoin Halving

According to CoinCodex, SHIB could surge to $0.00009667 on May 6, 2024. Reaching $0.00009667 from current levels would translate to a growth of about 240.3%.

Avalanche (AVAX):

Avalanche
Source: Binance Academy

Avalanche (AVAX) is another popular crypto asset that could hit a new all-time high. AVAX is currently down by about 66% from its all-time high of $144.96, which it attained in November 2021. However, CoinCodex predicts the asset to reclaim its 2021 peak soon.

According to CoinCodex, AVAX could surge to $165.90 on May 6, 2024. Reaching $165.90 from current levels would translate to a growth of about 241.71%.

Source: CoinCodex

Also Read: Cryptocurrency: Top 3 Coins To Watch Out for in April for Maximum Profits

BNB:

Binance Coin
Source – Coinpedia

Binance’s BNB token is another popular cryptocurrency that could reclaim its all-time high in Q2 2024. The asset is currently down by only 14.9% from its all-time high of $686.31, which it attained in May 2021.

According to CoinCodex, BNB could hit a new high of $742.77 on Apr. 27, 2024. Reaching $742.77 from current levels would translate to a growth of about 27.09%.

Source: CoinCodex