of Bitcoin halving The event, which is likely to occur in the early hours of Saturday, will focus on a select group of cryptocurrencies that are expected to see significant gains. Among these, Solana (SOL), Dogecoin (DOGE), Bitcoin Cash (BCH), Litecoin (LTC), ORDI (ORDI), and Stax (STX) stand out. These altcoins, which make up the latest list of cryptocurrencies to buy, are recovering from the recent downturn and could see a noticeable increase in value in the near future. With widespread market attention focused on Bitcoin's halving, these digital assets are eyed for potential growth.
1. Solana (SOL)
Solana (SOL) is a pioneering open source project that leverages the open-ended nature of blockchain to build decentralized finance (DeFi) solutions. Its design facilitates the creation of decentralized apps (DApps).
Despite broader market fluctuations; solana price It has soared more than 10% in the past day to $144. This increase pushed its value well above the $140 threshold, amid expectations for a rise in price following the Bitcoin halving.
DeFiLlama data shows the strength of the network with a notable increase in Total Value Locked (TVL) and active DApp engagement. Over the past year, his TVL on this platform has grown significantly. This led seven experts to recommend Solana as a top cryptocurrency candidate ahead of the 2024 halving.
2. Dogecoin (DOGE)
Dogecoin (DOGE), the premier cryptocurrency derived from the famous “doge” meme featuring a Shiba Inu, has increased in value over the past day, indicating a new bullish outlook. With a current market capitalization of $21.88 billion, it ranks 9th among cryptocurrencies and tops the meme coins.
of dogecoin price The upcoming big event has pushed it up to $0.1519, a notable 5% increase over the past 24 hours. This surge also caused a substantial increase in trading, highlighting a major movement in the market.
3. Bitcoin Cash (BCH)
Bitcoin Cash (BCH) is a peer-to-peer digital currency that aims to be a widely accepted form of payment. This ensures faster transactions, minimal fees, increased privacy, and increased block size.
the current, bitcoin cash The price was $484.38, up 1.13% from the past day. It is ranked 15th on CoinMarketCap and has a market capitalization of approximately $9.5 billion. Over the past month, BCH has experienced a significant rally, surging over 32% and being cited as one of the top picks by experts, especially for the 2024 Bitcoin halving.
4 Litecoin (LTC)
Litecoin (LTC) is a cryptocurrency that aims to use the unique features of blockchain to facilitate fast, secure, and cost-effective payments. However, in recent years, LTC has suffered from significant price fluctuations due to external market pressures and global political uncertainty. at present, litecoin price It stands at $81.06, reflecting a slight decline of 0.22% in the past 24 hours.
5. Odie
ORDI recently attracted attention in the cryptocurrency world by using the Ordinals protocol to embed data into Bitcoin's smallest unit, the Satoshi. This protocol leverages the existence of approximately 2,100 trillion Satoshis, thereby enabling significant data storage capabilities directly on the Bitcoin blockchain.
Over the past month, the value of the ORDI token has increased by a whopping 70%, and its current price is $6.92. This increase has taken the token's market cap to a staggering $1.29 billion, according to the latest figures. coin market cap. This growth confirms the growing interest and confidence of investors in ORDI's potential and the pioneering use of the Ordinals protocol.
6. Stack (STX)
Stacks positions itself as a pivotal Bitcoin layer, making Bitcoin usable for smart contracts and decentralized applications by settling transactions on the Bitcoin blockchain itself.
of stack price I also experienced growth. The current price is $2.47, but it has increased by 6% in the last 24 hours.according to Defilama, the Stacks ecosystem reached a new high with total value locked (TVL) of $143.07 million. This development, coupled with the upcoming Bitcoin halving event, suggests that the value of STX could rise further.
conclusion
As the Bitcoin halving progresses, all eyes are on cryptocurrencies that are poised to reap significant gains. Solana, Dogecoin, Bitcoin Cash, Litecoin, ORDI, and Stacks are at the forefront of this potential surge. Investors are closely monitoring these digital assets and hoping for growth in a post-halving world.
Related article