The month of the Bitcoin halving has arrived, and with that, tremendous opportunity circulates the crypto market. However, not all projects will perform equally.
This article analyzes the seven best cryptos to buy this April. We consider market trends and narratives, use cases, tokenomics, expert opinions, and more.
Dogecoin20
While carrying the legacy of the market’s favorite meme coin, Dogecoin, Dogecoin20 breaks the traditional meme coin norms, innovating for lasting success.
The project is currently undergoing a presale. It raised $10 million in its first week and is approaching its exchange launch on Doge Day (4/20).
When Billy Markus and Jackson Palmer jokingly founded Dogecoin in 2013, nobody anticipated it would become the globally recognized icon it is today.
As such, it was not designed to serve any purpose or act as an investment asset, leaving massive room for improvement. This is where Dogecoin20 comes in, introducing new financial innovations to ensure longevity and price stability.
Its first move is to usher in a Stake-to-Earn mechanism, enabling holders to generate interest on their investment while contributing to the network’s security and durability.
Presale investors can begin staking their tokens immediately. Currently, they can earn a 66% APY, but this will decrease as more tokens are staked.
Another improvement of Dogecoin20 is its capped supply. Dogecoin has an infinite supply, making it inflationary and susceptible to price dilution. On the other hand, Dogecoin20 is capped at 140 billion tokens, encapsulating the sound money principles of Bitcoin for longevity and price stability.
However, with Doge Day quickly approaching, time is running low to buy $DOGE20 at its fixed presale price.
Slothana
The Solana presale saga is the latest revelation in the meme coin enigma. With that, Slothana looks primed as one of the best cryptos to buy this month.
It is a sloth-themed, Solana meme coin currently undergoing a presale. Its nonchalant approach has garnered tremendous interest, raising over $5.5 million in one week.
This eclipses the total raise of the original Solana presale sensation Book of Meme, which raised $2 million and became the fastest meme coin to a $1 billion market cap after launching on exchanges.
Indeed, this sets a bullish precedent for Solana’s new furry friend, but it’s not the only thing hinting at success.
Another is rampant speculation that the Smog team is behind the token. Smog launched in February and exploded 100x to a $200 million market cap within weeks. If the rumors are true, this indicates massive potential for $SLOTH.
However, this is more than locker-room gossip. Crypto sleuths quickly connected the two projects when Smog commented on Slothana’s first X post when the account had less than 50 followers.
Given its unwavering early success and its relation to another top Solana prospect, Slothana’s future looks bright. Still, the presale has no predetermined hard cap, so it could end at any time.
Therefore, those looking to buy should act quickly or risk missing out.
5th Scape
Cryptocurrencies that integrate other emerging technologies are seeing massive success. For instance, AI tokens are up considerably this year.
However, one category that has been under the radar until now is VR. Yet, 5th Scape could be about to change this as it gathers pace in its presale.
5th Scape is a VR platform that ushers in a new paradigm of gaming innovation. According to its website, the project will create immersive games with heightened experiences powered by its proprietary VR headsets and gaming chairs.
In a bid to enhance the user experience, 5th Scape is a blockchain-native platform, enabling seamless payments, the potential for transferable in-game assets, and staking with a twist.
Transcending solely monetary-focused staking, 5th Scape stakers get lifetime access to the ecosystem, exclusive in-game advantages, and early access and community interaction.
The project is within its presale, meaning investors can get in cheap before it launches on exchanges.
However, having raised almost $3.5 million so far, potential buyers seeking the best price should act fast. This is because the presale price will incrementally increase throughout the event, with the next uptick when it hits $3.75 million.
eTukTuk
eTukTuk is a groundbreaking project tackling the global climate change issue with electric vehicles and AI.
It will place electric tuk-tuk and charging stations in developing nations worldwide, using AI to ensure their longevity and efficiency.
It will also introduce “territory partners,” who are responsible for maintaining the physical infrastructure, decentralizing the project, and ensuring its long-term robustness. This taps into the DePIN narrative, presenting further exposure to eTukTuk.
According to its whitepaper, eTukTuk will lower carbon emissions, reduce CO2-related health issues, and eradicate financial disparity globally. It will tackle the first two objectives through its green transportation system and the latter by launching on the blockchain, ensuring the world’s 1.4 billion unbanked adults can access the network.
Given its pioneering use case, it should be no surprise that leading analysts and media outlets have backed this project.
“Next 10X potential green crypto,” said Jacob Bury in an analysis on YouTube.
Meanwhile, it has already been featured in Bloomberg, Yahoo News, EdaFace, Coinspeaker, and many more.
Investors have also displayed an unwavering nod of approval, with its presale raising over $2.7 million so far.
Presale buyers can stake their tokens to compound their investment. Currently, they can garner a 99% APY, but this will decrease as the staking pool grows.
Bitcoin Minetrix
Tackling the pervasive Bitcoin Mining problems, Bitcoin Minetrix is one of the hottest Bitcoin-related cryptocurrencies to buy ahead of the halving.
Currently undergoing a presale, its unwavering early success presents a taste of things to come, with $12.8 million raised and leading industry analysts getting on board.
“Earn Bitcoin and see massive capital gains,” said ClayBro in a recent YouTube video.
The project’s central premise is to tokenize Bitcoin mining power through $BTCMTX.
This makes cloud mining accessible and simplistic, breaking down previous barriers to entry and stoking potential for mass adoption.
It works by users staking $BTCMTX tokens in exchange for Bitcoin mining credits, which they can burn for a share of the cloud mining pool rewards.
In addition to Bitcoin rewards, the platform will also pay out $BTCMTX, currently valued at 55% APY. So far, a staggering 760,530,558 $BTCMTX tokens are staked, reflecting the community’s deep-rooted confidence in the project’s long-term potential.
Currently, market participants can buy $BTCMTX for $0.0144. However, this price will rise throughout the presale, with the next increase in three days or when the total raise hits $13.7 million.
Visit Bitcoin Minetrix Presale
Render
Render is another compelling cryptocurrency on the cusp of technological innovation. The project provides a distributed network where node operators can sell computing power to developers for graphic rendering and AI model training.
Currently, RNDR is trading at $9.44, down 8% today and 18% this week but up 22% this month and 617% this year.
Considering its recent selloff, this could present a solid entry for potential buyers ahead of its next leg up.
Render is the leading AI-related cryptocurrency by market cap, currently holding a $3.6 billion valuation and a $5 billion FDV.
It was also one of the only cryptocurrencies allowed to speak at the recent Nvidia conference, an instrumental factor in its recent success.
Nvidia is a GPU chip manufacturer that has skyrocketed in value recently. It currently holds a $2.26 trillion market cap and is the third largest company on the NASDAQ.
Render’s use case has drawn comparisons with Nvidia, with Wawuda dubbing it the “Nvidia of crypto” in a recent analysis.
The analyst also highlighted that Render boasts partnerships with Apple, Disney, and Cinema4D.
What’s more, he highlighted an ongoing “huge GPU scarcity,” presenting a tremendous opportunity for RNDR to thrive.
Maker
Maker is a DeFi project that provides “an unbiased global financial system.”
Trading at $3,809.63, Maker is one of the few top 100 cryptos in the green this week, up 15%.
It is also up 0.5% today, 78% this month, and 449% this year.
MKR’s recent spark of interest comes amid a new initiative announced on the project’s X feed.
“Maker has deployed a 100-million DAI Direct Deposit Module to Spark’s sUSDe/DAI and USDe/DAI markets on Morpho Blue, enabling overcollateralized scalable liquidity for users interested in increasing their exposure to Ethena’s assets.”
DAI is Maker’s native stablecoin, which “can be used by anyone, anywhere, anytime.”
The tweet also explained that the move involves a partnership with Mortho Labs and Ethena Labs, which will help serve “the growing demand for new advanced leverage solutions.”
So far, the post has garnered 160K views and 186 likes, illustrating significant community interest.
Adding to the excitement, BlackRock’s recent venture of deploying $100 million of liquidity on-chain for its “tokenized asset fund” sets a bullish outlook for DeFi projects. Maker’s position as a leading DeFi protocol places it at the top of this list.
