Coin Edition - As the fourth Bitcoin (BTC) halving gets closer, there are speculations that the price of the cryptocurrency will undergo a correction after the event. At the same time, many analysts predict that Bitcoin’s price decrease might open the floor for a solid altcoin season.
Historically, this has almost always been the case. For example, the price of BTC collapsed days after the 2016 halving. In 2020, it was a similar case. On both occasions, the value of altcoins, especially those with low market cap, surged to incredible levels.
This cycle of history might repeat itself, and Coin Edition has identified three solid low-cap coins that might blow up and hit higher value post-halving. In this article, you will learn about the three projects and why traders might need to keep an eye on them.
Choise.com (CHO)
As of this writing, CHO has shown that it was ready to defy all odds and rally to the parabolic heights. At press time, the price of CHO was $0.11, representing an 8.73% decrease in the last 24 hours. Interestingly, this was happening at a time when the BTC fell below $70,000.
Furthermore, CHO outperformed BTC as its 30-day performance was a 513% increase. As it stands, the recent decline might offer an opportunity to buy CHO at a discount before another rally begins.
CHO 30-Day Price Performance (Source: CoinMarketCap)
However, there were reasons why the token beat BTC at its own game. One of them is Choise.com’s update to its tokenomics. According to an in-depth assessment of the website, it was undergoing a revolutionary upgrade.
This upgrade and the fact that the project is backed by seven years of crypto banking experience drove interest in CHO as the price skyrocketed. Based on the infrastructure of Choise.com, the team has launched its B2B project, Vault, that will offer turnkey crypto-friendly banking solutions to financial institutions, fintech companies, and other enterprises.
Given that the Choise.com founder hinted that CHO’s utility would expand into the institutional sector as part of this strategic shift, the adoption of the token can rise, and the price will likely surge
As of this writing, CHO’s market cap was $13.09 million. However, the value of the cryptocurrency has the potential to surge as high as 200% after April’s Bitcoin halving. CHO is available on exchanges including MEXC, and Gate.io. Decentralized exchanges like Uniswap v3 also offer the token while Solana aggregators including Raydium and Jupiter have CHO pairs.
LTO Network (LTO)
LTO Network is another token you might want to keep tabs on after Bitcoin’s halving. LTO’s price has increased by 5.53% in the last seven days. But the 30-day performance of the cryptocurrency was an amazing 98.98% hike.
At press time, LTO changed hands at $0.24. For those unfamiliar, LTO Network is one of the leading blockchains in Europe. It focuses on RWAs, allowing tokenization and storing RWAs in their native mobile wallet.
LTO 30-Day Price Performance (Source: CoinMarketCap)
The project uses a Layer-1 for RWAs and its native token has a maximum supply of 500 million. Interestingly, the founders of the project are ex-workers at two of the world’s biggest accounting firms.
With LTO’s private and public blockchain capabilities as well as the hype around RWAs, demand for the token might soar before this bull market ends. If traction on the network increases, and demand increases, the value of the token might jump higher.
Also, LTO’s recent decrease means market participants can accumulate the token at a discount before it rallies. Bitrue and Binance are some of the exchanges that offer LTO trading pairs on the spot market.
Okratech Token (ORT)
Last on this list, is ORT, the native cryptocurrency of the Okratech Token project. Although ORT’s price had increased 2.93% in the 24 hours, its solid fundamentals show that there could be higher gains in the future.
ORT 30-Day Price Performance (Source: CoinMarketCap)
However, its market cap has been able to grow to $4.18 million. Okratech Token provides a decentralized platform to help users connect between web2 and web3. With the network, freelancing can be decentralized, and web content can be easily optimized.
ORT has a maximum supply of 900 million tokens. But not all of them are in circulation. Furthermore, the revolutionary use cases the project offers make ORT an altcoin that could hit an incredible number in months to come. If you intend to buy ORT it is available on Bybit, Gate.io, and Bitrue. However, it is also important that you do your research.
Final Words
As you probably know, the crypto market is a highly volatile one. While gains can be erased easily, it also provides opportunities that cannot be found elsewhere. But if you understand the fundamentals behind some of these projects, it becomes easier to spot buying opportunities.
Out of the three projects listed, CHO seems to be the one with the best potential. However, that is not to say LTO and ORT would not perform well. But the kind of utility and volatility around CHO makes it the top altcoin to watch out for from the group.
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