Shiba

SLERF

Bitcoin

April

Shiba Inu

The cryptocurrency market has been witnessing high volatility in April attributed to the biggest crypto event of the year Bitcoin halving. The update scheduled for the later part of April will reduce the current mining reward from 6.25 Bitcoins to 3.125, aiming to control the supply of Bitcoin and mimic the scarcity-driven appreciation akin to precious metals. Various crypto to buy like WIF, BONK, and SLERF portray the potential to rally alongside <a href="https://coingape.com/blog/will-bitcoin-kill-gold-for-real/" rel="noopener noreferrer nofollow">Bitcoin</a>.
As per the historical data, the <a href="https://coingape.com/trending/190908-2/" rel="noopener noreferrer nofollow">Bitcoin Halving</a> has triggered a significant uptrend as the increasing demand outpaces the reduced supply. With the recently launched US-listed spot BTC ETFs, this underlying digital asset is expected to witness accelerated buying.
Following the lead of Bitcoin, the altcoin market has showcased a high momentum rally offering a high return on investment in low-cap coins.
Also Read: <a href="https://coingape.com/sponsored/top-3-meme-coin-investments-with-100x-potential-bonk-bonk-shiba-inu-shib-budz/" rel="noopener noreferrer nofollow">Top 3 Meme Coin Investments With 100X Potential, Bonk (BONK), Shiba Inu (SHIB) &amp; BUDZ</a>
<h2 id="b-1-dogwifhat-wif-b">1) Dogwifhat (WIF)</h2>
<figure style="width: 100%" class="wp-caption alignnone"><img decoding="async" src="https://s3.tradingview.com/snapshots/r/RijkcWlV.png" alt="BINANCE:WIFUSDT Chart" width="1946" height="893">
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 Dogwifhat (WIF)| Tradingview
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<a href="https://coingape.com/markets/dogwifhat-price-prediction-is-it-a-good-time-to-buy-wif-near-all-time-highs/" rel="noopener noreferrer nofollow">Dogwifhat</a> (WIF) is a Solana-based memecoin that has quickly captured the attention of the crypto community. Its mascot, a Shiba Inu wearing a pink knitted hat, embodies a light-hearted departure from the serious nature of traditional cryptocurrencies.&nbsp;
Over the past two weeks, the WIF price has resonated sideways in tandem with Bitcoin consolidation around $68000. Analyzing the 4-hour chart reveals this lateral movement as a continuation pattern called a symmetrical triangle pattern.
By the press time, the <a href="https://coingape.com/dogwifhat-wif-price-jumps-15-with-trend-reversal-eyeing-new-all-time-high/" rel="noopener noreferrer nofollow">WIF price</a> traded at $3.8 mark with an intraday gain of 5.17%. The meme coin’s market stands at $3.8 billion, with a 24-hour trading volume of $616 Million, <a rel="noopener noreferrer nofollow" href="https://www.coingecko.com/en/coins/dogwifhat">CoinGecko</a> data shows.
A breakout beyond the triangle will release the build-up of bullish momentum and set the WIF price to chase a potential of $4.8.
Conversely, a breakdown below the triangle will extend the correction trend to seek support at the $3 psychological level.
Also Read: <a href="https://coingape.com/markets/2-altcoins-to-buy-going-to-outperform-bitcoin-post-halving/" rel="noopener noreferrer nofollow">2 Altcoins To Buy Going To Outperform Bitcoin Post-Halving</a>
<h2 id="b-2-b-b-bonk-b">2) BONK</h2>
<figure style="width: 100%" class="wp-caption alignnone"><img decoding="async" src="https://s3.tradingview.com/snapshots/k/kE0WgHTO.png" alt="BINANCE:BONKUSDT Chart " width="1815" height="633">
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 BONK| Tradingview
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BONK, dubbed the “first Solana dog coin for the people, by the people,” made a significant impact as a Solana-based memecoin, particularly distinguishing itself through a unique launch strategy and its strong community ethos.&nbsp;
The last correction trend in BONK found suitable support at the $0.00002 level evidenced by the three reversals within three weeks. A recent upswing from this horizontal floor has uplifted the coin 8.2% to currently trade at $0.0000223. BONK’s market cap also surged to $1.46 billion.
Using the aforementioned level as base support, the BONK price hints at the development of a double bottom pattern. Under the influence of this reversal pattern, the coin price could rally to high resistances at $0.00003, followed by $0.0000367.
Also Read: <a href="https://coingape.com/bitcoin-price-top-analyst-warns-massive-liquidation-btc-hits-71k/" rel="noopener noreferrer nofollow">Bitcoin Price: Top Analyst Predicts BTC Rally To $85K Despite Liquidation Warning</a>
<h2 id="b-3-slerf-b">3) Slerf</h2>
<img decoding="async" src="https://s3.tradingview.com/snapshots/i/iMAi8Duz.png" alt="BITGET:SLERFUSDT Chart Image by sahilmahadik07">
Slerf is a notable entry in the meme coin category, emerging on the Solana network with a sloth theme. The coin had a dramatic start, with an accidental burning of $10 million worth of tokens meant for early supporters.
Despite its initial mishap, Slerf quickly captured the market’s attention, securing multiple exchange listings and achieving a $1.7 billion trading volume shortly after its launch.&nbsp;
The previously embattled Slerf has recently found a surge in demand pressure at $0.357, reflected by two lower price rejection candles in the daily chart. A potential reversal from this floor could develop a <a href="https://coingape.com/glossary/double-bottom-pattern/" rel="noopener noreferrer nofollow">double-bottom pattern</a>, pushing the asset back from $0.48 to $0.56.
<h2 id="span-style-font-weight-400-key-takeaway-span">Key Takeaway</h2>
The cryptocurrency market continues to project a lack of dominance from buyers and sellers leading to a sideways trend in the majority of major cryptocurrencies. It seems the market participants are waiting for the upcoming halving before committing to a particular direction.
The post <a href="https://coingape.com/markets/3-crypto-to-buy-for-crypto-portfolios-100000-post-bitcoin-halving/" rel="noopener noreferrer nofollow">3 Crypto To Buy For Small Crypto Portfolios Seeking $100,000 Post Bitcoin Halving</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

3 Crypto To Buy For Small Crypto Portfolios Seeking $100,000 Post Bitcoin Halving

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