Altcoin News by Thebittimes.Com

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. Also Read: Shiba Inu: SHIB Forecasted To Repeat Its 2021 Bull Run Pattern 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) Source: Unsplash 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...

The crypto market has not seen any action unfurl lately. Bitcoin has been stuck around $26.7k, while Ether has been hovering around $1.8k. Parallelly, the price of most other large and mid-cap assets continue to register negligible movements. As a result, the total crypto market cap has not been able to advance beyond $1.2 trillion. In fact, it shrunk down by about 1.89% over the past day. Even amid the humdrum conditions, traders continue to make money. A recent Analysis thread by Lookonchain revealed that a ‘super meme coin hunter’ earned $1.06 million in just a month’s time. According to the on-chain smart money tracking platform, the ‘hunter’ managed to inflate his funds by 4 times and 32 times by Trading RefundCoin [RFD] and Pepe Coin [PEPE]. Specifically, the trader made $345k by Trading the former meme coin and $248k by Trading the latter. 1/ Sharing a super #MEME coin hunter who earned 562.64 $ETH($1.06M) in the past month! – Made 189.5 $ETH ($345,306, 4x gains) on ...

Pepe Coin continues to be the talk of the crypto town. Within days of its launch, it rose exponentially in value. On Thursday, May 4, the asset was trading in green and was priced at $0.000001176. Large participants have been eying this crypto for quite some time. A recent tweet from Lookonchain revealed that a whale exchanged “almost all assets” for Pepe Coin. As far as the breakdown is concerned, the whale swapped 20.62 Wrapped Bitcoin, 17 billion CULT, 44.1k Uniswap tokens, and 19.96 Ether. In exchange, the whale got PEPE worth $2.19. Lookonchain further revealed, “The buying price of $PEPE is ~$0.0000005533 and made a profit of ~$1.23M.” We noticed a whale exchanged almost all assets for $PEPE. The whale exchanged 20.62 $WBTC($590K), 17B $CULT($90K), 44,194 $UNI($235K) and 19.96 $ETH($37K) for 1.72T $PEPE ($2.19M currently). The buying price of $PEPE is ~$0.0000005533 and made a profit of ~$1.23M. pic.twitter.com/O6BOQMd1EW — Lookonchain (@lookonchain) May 4, 20...