Bitcoin could soar by 50%–100% after the halving of the three major altcoins

The cryptocurrency market is booming, and the Bitcoin halving will drive altcoins and meme coin prices higher. Solana, Shib, and XRP are the three cryptocurrencies that could rise by 50%-100%. They have benefited from positive factors such as large-scale liquidity injections, ecosystem reforms, and SEC case updates, respectively.

Cryptocurrency #1: Solana
Solana has had a wonderful bull season this year. The token's price has shown a significant increase and is awaiting a massive liquidity injection from the network that will finally take place in April 2024.

With a queue of nearly 8 leading token airdrops, Solana is poised to gain steady market momentum after the Bitcoin halving event.

"The Solana price prediction for the next 30 days is a prediction based on positive and negative trends over the past 30 days. According to Solana's forecast, SOL will change hands at $280.01 on April 9, 2024, up 47.70% in the process. ”

The massive presale token frenzy that is currently underway has largely boosted Solana's price momentum. With a new token airdrop scheduled for April, the price of SOL may soon hit the new ATH.

Crypto #2: Shiba Inu
Shiba Inu is another promising leading meme cryptocurrency. The coin is up nearly 137% in the last year. The token is trading at $0.00002646, up 23% over the last month.

The Shiba Inu ecosystem is also undergoing major reforms. With the growth of projects such as Knine and the Metaverse, the Shib ecosystem is bound to make great strides.

According to CoinCodex, after the Bitcoin halving, Shiba Inu will eventually soar by 220% in April-May 2024.

"The price of Shiba Inu is expected to increase by 223.81% to $0.00009127 by May 2, 2024. According to our technical indicators, the current sentiment is neutral, while the Fear & Greed Index shows 79 (extremely greedy). Over the last 30 days, Shiba Inu has had 14/30 (47%) green days and price volatility of 11.12%. ”

Cryptocurrency #3: XRP
By controlling price fluctuations and maintaining stability, Ripple has shown its mettle from time to time. The token is gradually moving higher, but it has yet to affect its fan base, which has long supported the token's potential breakthrough.

After the Bitcoin halving, XRP may notice a spike in price due to increased user interest and interaction. In addition, a new update on the ongoing case by the SEC is also bound to bring positive changes to cryptocurrencies as a whole.

According to Changelly, Ripple could soar by 11% in April 2024.

"According to the technical analysis of the projected XRP price in 2024, the lowest cost of XRP will be $0.541. The highest level that the XRP price can reach is $0.680.

Similarly, with the latest updates from the SEC pouring in, XRP's price could soon rise significantly.

"XRP is expected to trade in a range of $0.378308 to $1.874359. If the cap price target is reached, XRP could rise by 215.14% to reach $1.874359 by the end of 2024. ”