Pre-Bitcoin Halving Special: 3 Cryptos You Should Buy Before They Go Parabolic

It seems like the best time to look for cryptos to pre-purchase.Bitcoin (BTC USD) Halving. The halving is now upon us, with just 38 days remain before Bitcoin’s block rewards for miners are halved. I’ve talked many times about how major events like the halving, along with spot Bitcoin ETF approvals and interest rate cuts, are likely to lead to significant price increases this year. However, history shows that crypto markets experience a short correction just before the halving takes effect. While we may see a small decline in the coming weeks, I don’t believe a major drop is in sight. Any decline could present a prime buying opportunity to acquire top digital assets at a discount.

Once the halving occurs, prices are likely to rise in the long term. Billions continue to flow into Bitcoin via ETFs, further evidence of continued institutional demand. And as Bitcoin breaks new highs, altcoins are sure to surge in an “altseason” frenzy later this year. Now is the time to look at cryptos to buy ahead of the Bitcoin halving before the crypto rockets explode.

Kaspa (KAS-USD)

I recommended Kaspa (KAS-USD) in October 2023, when the transaction price was around 4 cents per coin. Fast forward just a few months, to March 2024, and now it’s hovering near the 16 cent mark. That’s a phenomenal quadrupling of returns in a short period of time. But I believe there is much more potential here as this innovative blockchain project aims to solve the so-called “blockchain trilemma” by providing decentralization, security and scalability at the same time.

Unlike some competitors, Kaspa has not yet managed to achieve this goal on a large scale. For example, we’ve seen issues arise with Layer 1 projects like avalanche (AVAX-USD), when significant user volume caused dramatic slowdowns. But so far, Kaspa has held up well to increased usage without sacrificing speed. This gives me a strong belief that it can easily become one of the top 10 cryptocurrencies in the long term.

As transaction volumes on altcoin blockchains increase during the upcoming altcoin season, I am very bullish on Layer 1 projects in general. And Kaspa as a proof-of-work cryptocurrency that implements the unique GHOSTDAG protocol, will benefit from it. The blockDAG structure allows parallel blocks to coexist rather than orphaning them, providing both high throughput and short confirmation times.

Currently Kaspa processes 1 block per second and is aiming for 10 blocks per second or even 100 blocks per second. Kaspa is building a highly scalable system that could enable widespread adoption. If the team continues to successfully execute on its technical vision, I believe the opportunity for Kaspa remains enormous.

Fetch.ai (FET-USD)

I recommended it first Fetch.AI (FET USD) in December 2023, when the trading price was around 60 cents per token. The price has been on the rise recently and is now trading at more than $2.80 per token, a more than four-fold increase in value since I first reported on it. I typically don’t issue buy warnings for cryptos that have already gone parabolic, as some profit-taking typically follows vertical moves. However, Fetch’s rise should not deter long-term investors.

In my opinion, this project can reach a market cap of $5 billion or even $10 billion if the offseason of the current bull cycle proves to be sufficiently powerful. Short-term pullbacks are more likely to represent zones in bull markets than reasons to sell. Therefore, I recommend sticking with high-quality names like Fetch despite the lower short-term upside potential after the recent massive move.

The artificial intelligence hype has extended to cryptocurrency in a big way. That’s why I believe AI-focused projects like Fetch are poised for big steps. It is an AI laboratory that is building an open decentralized network for machine learning. Thus, Fetch finds itself at the intersection of two incredibly hot trends – blockchain and AI. While it may be unwise to seek returns, identifying technologically groundbreaking projects early can generate huge returns before awareness becomes mainstream.

Volume (VMINT-USD)

I just recently came across this volume (VMINT-USD), but I think it has exciting multi-bagger potential if everything works out as hoped. As mentioned earlier, the AI ​​and crypto fields are colliding heavily in this cycle. So, by and large, AI-centric cryptos appear poised to generate significant returns.

With a much smaller one Market capitalization Compared to the other projects discussed, Volumint offers an enticing risk/reward ratio at current levels. This project provides useful utilities such as: AI trading bots that simulate human behavior to stimulate stock market activity and liquidity in a completely decentralized manner.

The bot offers an affordable, subscription-based service that allows projects of all sizes to maintain liquidity. With its unique offset feature, Volumint creates a layer of randomness in trading, making it more resistant to detection and manipulation.

This application of AI aims to improve the dynamics of stock market trading. That’s why I’m optimistic about Volumint’s prospects as adoption increases. Of course, identifying winners in the highly competitive crypto industry is a huge challenge. But for risk-tolerant investors, I believe Volumint has tremendous upside potential.

Small, low volume cryptos

On small capitalization and low volume cryptocurrencies: InvestorPlace does not regularly publish commentary on cryptocurrencies whose market capitalization is less than $100 million or whose trading volume is less than $100,000. Because these “penny cryptos” are often a playground for fraudsters and market manipulators. If we publish a comment on a low-volume crypto that may be affected by our comment, we ask InvestorPlace.com writers to disclose this fact and warn readers of the risks.
Read more: How to avoid popular cryptocurrency scams

At the time of publication, Omor Ibne Ehsan did not hold, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author and are subject to InvestorPlace.com’s publication policies.