With that said, let’s look at three crypto assets that analysts predict could hit new peaks in Q2 following BTC’s halving event.
Top 3 cryptocurrencies that could hit all-time highs
Shiba Inu (SHIB):
Shiba Inu (SHIB) is one of the most popular cryptocurrency assets in the market. Although the token had a lackluster year in 2023, analysts anticipate the asset to soar this year. SHIB is currently down by about 67% from its all-time high of $0.00008616, which it attained in October 2021. However, this may soon change.
According to CoinCodex, SHIB could surge to $0.00009667 on May 6, 2024. Reaching $0.00009667 from current levels would translate to a growth of about 240.3%.
Avalanche (AVAX):
Avalanche (AVAX) is another popular crypto asset that could hit a new all-time high. AVAX is currently down by about 66% from its all-time high of $144.96, which it attained in November 2021. However, CoinCodex predicts the asset to reclaim its 2021 peak soon.
According to CoinCodex, AVAX could surge to $165.90 on May 6, 2024. Reaching $165.90 from current levels would translate to a growth of about 241.71%.
BNB:
Binance’s BNB token is another popular cryptocurrency that could reclaim its all-time high in Q2 2024. The asset is currently down by only 14.9% from its all-time high of $686.31, which it attained in May 2021.
According to CoinCodex, BNB could hit a new high of $742.77 on Apr. 27, 2024. Reaching $742.77 from current levels would translate to a growth of about 27.09%.
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- Source: https://www.fintechnews.org/top-3-cryptocurrencies-that-may-hit-all-time-highs-in-q2-2024-2/
