Arthur Hayes, analyst and co-founder of BitMex exchange, anticipated a “firesale” crash in crypto prices around the Bitcoin halving event.
Hayes wrote in a recent blog post, “The narrative of the halving being positive for crypto prices is well entrenched. When most market participants agree on a certain outcome, the opposite usually occurs.”
Indeed, Hayes’ prediction is playing out amid the recent market slump with the Bitcoin halving now four days away. However, opportunity continues to present itself to those who know where to look, and crypto prices are starting to bounce.
This article covers a rundown of the best cryptos to buy now pre and post-halving. We consider token prices, use cases, narratives, expert opinions, and more.
Smog
The first-ever multi-chain meme coin, Smog, spreads its wings over the two most prominent on-chain markets, Solana and Ethereum.
Smog enjoyed an impressive launch in February, soaring over 100x to a $200 million market cap. However, the recent fire sale has presented an unmissable opportunity for traders to get in before the next leg up.
Currently, Smog is trading at $0.1, up 7% today. It holds a $139 million fully diluted market cap.
As per its website, Smog “reigns over the crypto battlefield, incinerating all his foes.”
In a bid for market domination, the dragon-themed meme coin is running one of the market’s hottest airdrops. Season two is currently live, providing generous rewards to winners. More details are available on the project’s Zealy page.
Smog is also offering investors an exclusive 10% discount on purchases made through its website. However, this deal ends soon, so investors must act fast.
99Bitcoins
99Bitcoins is a leading crypto media outlet that was launched in 2013. The news site titan also boasts over 700K YouTube and 2.8 million email subscribers.
The team recently launched a new cryptocurrency, $99BTC, currently undergoing a presale. This will be the platform’s native token, offering rewards and perks similar to Binance’s BNB.
Indeed, the resounding success of BNB, or even that of a smaller reward-generating token like MEXC’s MX or KuCoin’s KCS, hints at a bright future for $99BTC.
As a pioneer in its domain, 99Bitcoins token will enable interactive learning, token rewards, BRC20 tools and education, crypto trading signals, a VIP community group, and capital appreciation potential from the Bitcoin halving.
Its presale is newly launched but has already raised over $300K, with this figure expected to snowball as word spreads.
Currently, investors can buy $99BTC for $0.001, but this will rise in one day or when the total raise hits $740K.
Dogeverse
Taking a trailblazing approach to accessibility and inclusivity, Dogeverse is the first-ever Doge-themed crypto to go multi-chain.
Its venture begins on Ethereum, BSC, and Polygon and will be soon followed by launches on Solana, Base, and Avalanche.
This provides unprecedented versatility, enabling Dogeverse to roll with the punches no matter which chain meme coin degens choose next.
Over recent months, Solana has been the hottest meme coin network, but Base has since taken center stage. But either way, Dogeverse will stand to benefit.
Adding to the excitement, its widespread accessibility unifies the once-differential blockchain communities through one spectacular meme coin.
So far, the Dogeverse ICO has raised an impressive $4.5 million, reflecting a deep-rooted community appetite for the first blockchain-hopping dog coin.
Presale investors will be pleased to know they can stake their tokens immediately. Currently, they can earn a 223% APY, but this will decrease as more tokens are staked.
Slothana
The latest twist in the meme coin saga is Solana-based presale tokens. The phenomenon kicked off with Book of Meme, which raised $2 million and then became the fastest-ever meme coin to reach a $1 billion market cap.
Shortly after, Slerf emerged, raising $10 million and eclipsing Ethereum in on-chain trading volume. However, Slothana is the most recent sensation, overshadowing both of the others in its presale total raise by amassing over $10 million in two weeks and set to be airdropped on April 29.
Besides an unwavering market interest in Solana meme coins, Slothana-specific factors are contributing to its success. For instance, traders suspect the Smog team is behind the presale.
Smog commented on Slothana’s first-ever X post when it had less than 50 followers. Should it be the same team, this sets a bullish precedent for the lazy sloth-themed meme coin.
Industry experts are also bullish, with analysts from the Crypto News YouTube channel recently stating, “Slothana could be the next 100X presale.”
Mega Dice
Another brand new crypto to emerge from a successful, revenue-generating business is Mega Dice’s $DICE. Mega Dice is an industry-leading crypto casino with over 50K players, 4K games, and $50 million in monthly wagers.
Yet, its position as an industry leader has not stood in the way of relentless innovation. Mega Dice strives to bolster growth and add value to its players through its latest initiative.
The advent of $DICE extrapolates the platform’s value into a tradeable token available on Solana, Ethereum, and BSC.
As per its website, holders receive benefits like daily revenue based on the platform’s profits, exclusive access to new features, limited edition NFTs, early bird bonuses, referral fees, and much more.
The current Mega Dice token price is $0.069, but this will rise throughout the presale. The next uptick will occur when 13.7 million $DICE are sold. So far, 3.9 million have been sold.
Ondo
After meme coins and AI dominated the recent crypto leg up, speculators are placing their chips on real-world assets (RWA) to gain pace in the next market uptick.
Ondo is the industry leader in this domain. It is currently priced at $0.97 and has a $1.3 billion market cap.
Currently, Ondo is up 25% today, 22% this week, 88% this month, and 507% since CoinMarketCap data began on 24 January.
Prominent analyst Cold Blooded Shiller noted that “ONDO has been one of the most resilient markets to the sell-off. And Blackrock is buying.”
BlackRock recently launched a $100 million tokenized asset fund on the Ethereum network.
ONDO is the governance token to the Ondo protocol, which offers institutional-grade finance on-chain that is accessible to everyone.
Its flagship products are a yield-generating stablecoin, USDY, and tokenized U.S. treasuries, OUSG, which are available globally.
Bitcoin
Amid the recent crash, market leader Bitcoin has been a top performer, indicating it may continue to lead the way throughout the next rally.
Currently, Bitcoin is trading at $66.3K, up 2.3% today, down 5% this week, down 2.8% this month, but up 118% this year.
It holds a $1.3 billion market cap and a $43 billion 24-hour trading volume, down 27% today.
Within minutes of press time, Hong Kong approved Bitcoin ETFs, causing the BTC price to spike.
Given the meteoric rise following ETF approvals in the U.S., ETFs in the East could unlock another monumental wave of liquidity, enabling the market leader’s price to flourish.
Adding to the excitement, analyst Caleb Franzen highlighted that Bitcoin has held up well despite the recent market turmoil.
“BTC is ’only’ down -7% since last Sunday. I think that’s pretty solid given that we had hotter inflation data, mixed bank earnings, and another geopolitical escalation,” he wrote.
