The post Top Crypto That Sets To Skyrocket After Bitcoin Halving appeared first on Coinpedia Fintech News The cryptocurrency market is experiencing a slight retreat from its recent peaks, but the outlook remains optimistic. Bitcoin has pulled back to around $37,100, a 1% decrease, after surpassing $38,000 last week, while Ethereum has declined 1.5% to about $2,020. Despite these dips, the market sentiment is bullish, with Bitcoin rallying over 30% since early October, fueled by hopes of a U.S. spot Bitcoin ETF approval and a favourable macroeconomic backdrop. Anticipated for the spring of 2024, the forthcoming Bitcoin halving is largely projected to occur around mid-April. Occurring once every four years, these halvings have historically been critical moments for the cryptocurrency market, often igniting significant bull runs. This leads to the question: which cryptocurrencies will emerge as leaders in 2024, both in terms of price growth and resilience? This article explores the hypothesis that mirroring the aftermath of past halvings, the 2024 Bitcoin halving will initiate a bullish trend in prices. However, it’s important to note that such an outcome is not guaranteed, and the past performance is not a reliable indicator of future results, especially in the volatile world of cryptocurrencies. Let’s have a look at the estimates and computations and, maybe, make a few assumptions on the basis of the most probable outcomes. In light of the alterations in the industry, keep in mind that smaller projects are more likely to demonstrate remarkable growth. Summary ScapesMania: Notable presale success in crypto, supported by a strong team. Solana (SOL): Transaction surge, but network and competition issues persist. Chainlink (LINK): Launches Staking v0.2 to enhance ecosystem, market impact uncertain. Cardano (ADA): Nears research breakthrough, growth hinges on practical application. Dogecoin (DOGE): Sees transaction and interest spike, possibly prepping for a rally. Shiba Inu (SHIB): Faces December challenges, but could recover despite price risks. ScapesMania: A New Contender in the Crypto Arena Many crypto experts pick ScapesMania as the best new project of 2023 and beyond. It manages to separate itself from the competition by offering holders a multitude of revenue streams and high potential ROIs during presale. Companies and individual crypto traders looking for fast potential gains should definitely look into ScapesMania’s proposition. Once the presale finishes, the price will soar, securing possible returns in the range of 400-500%. Right now, there’s an active discount of close to 85%, but it won’t last forever – the clock is ticking and all interested in leveraging this offer need to act fast. When dissecting the tokenomics and other features of ScapesMania, it becomes clear that it’s the best altcoin to hold now. The innovative gaming-related core idea, impressive presale numbers, $150,000 giveaway, undying social media hype, and other positive aspects can guarantee that ScapesMania will continue on its winning journey, so it makes sense to get involved as soon as possible. Solana (SOL): A Surge in Transactions Signaling a Bright Future Solana (SOL) has experienced a significant surge in its daily transaction count, reaching a historic high of 51.63 million transactions. The transaction volume far exceeds those of competing protocols like Ethereum, Polygon, Aptos, and Near Protocol, indicating Solana (SOL) growing prominence in the blockchain space. Solana (SOL) price has responded positively to this surge in transaction volume. Solana (SOL) had increased by 9.37% to $59.88, with a weekly surge of 9.64%. This price movement is supported by a 6% boost in trading volume, bringing Solana (SOL) traded value to $1,637,977,477, ranking it fifth among all cryptocurrencies. The network’s resilience, demonstrated by its return to pre-FTX price levels, suggests a strong foundation for growth. However, challenges remain, including maintaining network stability and continuing to innovate to stay ahead of competitors. If Solana (SOL) can sustain its transaction momentum and address these challenges, it could see further price appreciation and solidify its position in the market. Chainlink (LINK): Staking and Its Impact on Market Dynamics Chainlink (LINK) launched Staking v0.2, marking a significant development in its ecosystem. This update follows Chainlink (LINK) integration with several chains, including ChainGPT and Beefy Finance, and builds upon previous collaborations across six chains like Ethereum and Polygon. The staking update aims to enhance security, flexibility, and introduce a dynamic rewards mechanism, reflecting Chainlink (LINK) commitment to continuous improvement and innovation. Chainlink (LINK) trading value had seen an increase of 5.27% over the last 24 hours, trading at $14.70. This short-term increase also mirrors a 3.84% growth over the past week. The introduction of Staking v0.2, with an expanded pool of 45 million Chainlink (LINK) tokens, presents significant prospects for Chainlink (LINK). The staking feature is expected to attract more users and enhance network participation, potentially leading to increased demand for Chainlink (LINK). However, the impact of this update on Chainlink (LINK) price remains to be seen, especially considering the current market conditions. Cardano (ADA): Celebrating Milestones and Eyeing Future Growth Input Output Global, the creator of Cardano (ADA), is nearing an impressive milestone of 200 peer-reviewed research papers. These papers, accepted at renowned academic conferences, underscore Cardano (ADA) commitment to a research-driven approach in blockchain technology. Cardano’s (ADA) focus on the development and achievement of milestones is likely to foster investor confidence. This could positively influence its market valuation, provided these advancements translate into practical and widely adopted solutions. Cardano (ADA) future looks promising, given its strong emphasis on research and development. With advancements like the integration of Hydra Nodes and the exploration of Artificial Intelligence through the beta launch of Girolamo, an internet-enabled generative chatbot, Cardano (ADA) is poised for further growth. However, the challenge lies in translating these academic achievements into practical, market-driven solutions that can attract users and investors. If Cardano (ADA) can successfully bridge this gap, it could see significant appreciation in its value. Dogecoin (DOGE): Beyond the Meme, a Rising Transaction Tide Dogecoin (DOGE) has seen a notable increase in transactions, largely attributed to the rise in meme coin trading and the activity surrounding Doginals. Doginals, an experiment inspired by Bitcoin Ordinals, allows users to inscribe images and texts on the Dogecoin (DOGE) blockchain. This innovation has brought attention back to Dogecoin (DOGE), despite the mixed performance of DRC-20 tokens, a type of token introduced in the Dogecoin (DOGE) ecosystem for trading. The overall trading volume of Dogecoin (DOGE) has experienced an upward trend. Its volume increased to 606.13 million, with Dogecoin (DOGE) price at $0.080. This represents an 8.68% increase over the last seven days. The increase in Dogecoin (DOGE) holders, now totalling 5.31 million, and the rise in active addresses indicate a growing interest in the coin. If this trend continues, Dogecoin (DOGE) might be poised for another rally. However, the coin’s performance is closely tied to market sentiment and the success of its innovations like Doginals and DRC-20 tokens. Shiba Inu (SHIB): Bracing for a December of Uncertainty Shiba Inu (SHIB) is facing a critical period as historical data indicates a pattern of price drops in December. This trend, observed since Shiba Inu (SHIB) inception, has seen double-digit percentage declines each December for the past three years. In the past, December has been a challenging month for Shiba Inu (SHIB), with notable dips such as a 29.5% drop in 2021 and a 13.5% decrease in 2022. The average and median value for Shiba Inu (SHIB) during these months stands at around a 21.5% decline. This historical trend suggests that Shiba Inu (SHIB) could potentially face a downturn, possibly reaching lows around $0.00000653 per token. Despite the historical trend of December downturns, Shiba Inu (SHIB) has shown signs of breaking negative patterns, as evidenced by its performance in November 2023, where it concluded with a gain of 6.83%. This resilience indicates that while Shiba Inu (SHIB) may be bracing for a volatile December, there is potential for the token to defy these trends. Conclusion The cryptocurrency market is navigating through a mixed trend, with Bitcoin and Ethereum going through slight decreases, set against a backdrop of strong investor anticipation for a U.S. spot Bitcoin ETF. In this fluctuating market, cryptocurrencies like Solana (SOL), Chainlink (LINK), Cardano (ADA), Dogecoin (DOGE), Shiba Inu (SHIB), and ScapesMania remain poised for growth, each facing unique challenges and opportunities in the dynamic digital asset landscape. In the event of Bitcoin halving, it seems as if it’s the newcomer, ScapesMania, that has more to gain than any other project mentioned in this text. If positive projections wind up being correct, holders might see even more than x5 ROI after the listing.