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As the planned fourth Bitcoin (BTC) block reward halving in April 2024 approaches, the heightened expectations have led to increased volatility in the cryptocurrency market. Investors are eagerly pursuing potential opportunities beyond Bitcoin. Amidst this anticipation, Ethereum (ETH), Shiba Inu (SHIB), Toncoin (TON), and ORDI (ORDI) emerge as promising assets with high potential and the upcoming block reward halving expected to bring significant gains.
Ethereum (ETH)
Ethereum (ETH), the major altcoin by market value, has seen a notable rise surpassing the $4,000 level with the launch of spot Bitcoin ETFs in the US and the implementation of the Dencun update.
Despite a pullback in the last 24 hours following Bitcoin’s decline, ETH continues its upward trend as one of the altcoins attracting attention with a return potential ranging from 10 to 100 times as the Bitcoin block reward halving approaches.
Shiba Inu (SHIB)
The dog-themed memecoin Shiba Inu (SHIB) continues its rise in the decentralized finance (DeFi) world, supported by a rapidly growing global fanbase. SHIB has been on an upward trend for the past few weeks, with significant increases over the last 7 and 30 days, even entering the top ten cryptocurrencies by market value at one point. The launch of SHIB’s Layer-2 network, Shibarium, is enhancing its appeal and market momentum.
Toncoin (TON)
Toncoin (TON), developed by the popular messaging app Telegram, aims to make a significant impact in the Blockchain world with its scalability and user accessibility features.
Despite a slight price drop in the last 24 hours, TON has achieved notable growth, rising over 57% in the last 7 days and more than 90% in the last 30 days. This price increase positions TON as a high-potential altcoin for investors, promising potential high returns before and after Bitcoin’s block reward halving.
ORDI (ORDI)
ORDI (ORDI) stands out for its innovative use of the Ordinals protocol, which embeds information into Bitcoin’s smallest unit, the Satoshi. Following an announcement by Binance, ORDI’s price has seen a significant increase in the last 30 days, shining with the promise of potential high returns before and after the upcoming block reward halving.
