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The crypto market is volatile and constantly evolving, so keeping up with the game could be difficult. So far this year, crypto prices have been resilient, and major crypto coins rallied last month.
Looking ahead in April, which coins are poised for significant growth?
If you’re an investor or crypto enthusiast looking to identify the best potential for growth in April, you’re in luck. We’ve taken a comprehensive approach considering several factors to compile this list of the top 10 growing coins.
Follow along.
Considering several factors, including market capitalization, price movements, and trading volume, below are coins with the best potential for growth in April:
Bitcoin is a household name in the crypto industry. It’s safe to argue that its massive price growth a few years back brought cryptocurrency to the limelight and was deemed the father of cryptocurrency. Bitcoin has attained its nine-month high at the $28,000 mark this year and continues to experience a bullish run. It has made an incredible 71.62% change, signifying a solid growth potential.
Considering its recent market trends and upward trajectory, there’s a clear expectation that it could reach $35,000 or within that region this month. If so, it will positively impact the altcoins and result in more significant gains.
Bitcoin (BTC) | |||
---|---|---|---|
Market Cap | Current Price | All-Time High | All-Time Low |
$541 billion | Above $27,000 | $68,789.63 | Less than 0.01 |
Ethereum has the second-largest Market Cap, only behind Bitcoin. However, it’s the largest blockchain supplier, hosting more dApps than other chain providers combined. It previously used the same proof-of-work (PoW) consensus method as Bitcoin but transitioned to the proof-of-stake(PoS) method last year. This new protocol promises transactional, financial, and environmental benefits.
An upcoming Shanghai upgrade this month could lead to some volatility. The upgrade will only make ETH more attractive to institutional builders and investors and can skyrocket the price to its ATH in November 2021. Moreover, Ethereum’s price closely follows the same pattern as Bitcoin’s.
Ethereum (ETH) | |||
---|---|---|---|
Market Cap | Current Price | All-Time High | All-Time Low |
$223.71B | Above $1,855.39 | $4,815.01 | less than $1 |
BNB is the most popular crypto exchange coin. As people enter the crypto space, they turn to reputable exchanges, such as Binance, for listing, thus directly increasing the demand for its currency. So, the increasing adoption of cryptocurrencies gives BNB more growth potential. Also, based on the market’s current state and the price fluctuations this year, crypto analysts have predicted BNB to enjoy significant gains of up to 20% by month’s end.
Binance Coin (BNB) | |||
---|---|---|---|
Market Cap | Current Price | All-Time High | All-Time Low |
$49.08 B | US$311.20 | $690.93 | $0.10 |
ADA is the native token of Cardano, a platform and public blockchain for creating third-generation decentralized apps. It used the Proof-of-Stake (PoS) consensus mechanism, which existed as a layer-1 solution before integrating the layer-2 update.
Since the controversial Vasil hard fork upgrade in 2022, experts have revealed that ADA’s future is bullish. As such, 2023 Q1 has been a success, and there’s optimism this run will continue. The reasons for this optimism are plausible. The UN is discussing the prospect of adapting Cardano as a resource to assist refugees. Also, the launch of DJED stable was successful and should kickstart more success in the ecosystem and the Price of ADA.
Cardano (ADA) | |||
---|---|---|---|
Market Cap | Current Price | All-Time High | All-Time Low |
$13.46B | $0.382 | $3.10 | $0.02 |
DOT, the native currency of the Polkadot network, has one of the most compelling use cases in the industry, and it solves one of the biggest challenges. It’s used for governance, bonding, and staking of tokens. It makes the interaction between numerous projects easy and effective and, as such, dubbed the king of interoperability. The project has undoubtedly established its position in the industry, and its popularity keeps increasing, attracting many investors.
Polkadot (DOT) | |||
---|---|---|---|
Market Cap | Current Price | All-Time High | All-Time Low |
$7.4B | Above $6 | $55.00 | $2.69 |
Solana is a fast-growing blockchain network renowned for efficiency and speed. The platform was launched in 2017, and it’s designed to offer swift, safe, and scalable blockchain operation to decentralized apps. SOL is its native coin, used for paying transaction and network fees. Since the coin’s launch, it has increased by about 2000%, and with an exciting roadmap of the platform, there’s only more room for growth. Crypto analysts have predicted about a 15% gain before month’s end, making it one of the best altcoins to invest in.
Solana (SOL) | |||
---|---|---|---|
Market Cap | Current Price | All-Time High | All-Time Low |
$7.5B | Above $20 | $260.06 | $0.51 |
The Near Protocol (NEAR) is a layer-1 blockchain established to serve as a community-run cloud computing platform. This layer-1 blockchain is a series of workable solutions that promote the base protocol to transform the network into a more scalable system. It provides a striving environment for decentralized applications. NEAR is the native coin of the NEAR protocol, ranked the 35th cryptocurrency by market cap. It’s used for data storage fees and paying transactions on the market.
Near Protocol (NEAR) | |||
---|---|---|---|
Current Market Cap | Current Price | All-Time High | All-Time Low |
$1.7B | Above $2.00 | $20.42 | $0.526 |
XRP is a cryptocurrency designed for cross-border payments. Financial institutions use it to settle transactions cheaply and quickly. The transactions are recorded on the XRP ledger, a decentralized ledger. The native currency of the XRP ledger, XRP is ranked 6th cryptocurrency by market cap. Investors and analysts have predicted a significant increase in the coin value in the coming months because of the numerous recent transactions.
XRP (XRP) | |||
---|---|---|---|
Market Cap | Current Price | All-Time High | All-Time Low |
$26B | Above $0.3 | $3.84 | $0.002802 |
Litecoin is one of the oldest and most primitive cryptocurrencies. It’s similar to Bitcoin and was explicitly designed as a complementary alternative. It’s faster and cheaper for making payments than Bitcoin, offering lower transaction fees. Generally, most investors dubbed BTC as gold and LTC as silver. There’s been numerous positive news about the token, including recent adoption by Venezuela as means of payment and Litecoin Foundation share in the German WEG bank.
Litecoin (LTC) | |||
---|---|---|---|
Market Cap | Current Price | All-Time High | All-Time Low |
$6B | Above $90 | $410.26 | $1.15 |
Dogecoin is the first meme currency which was apparently created as a joke. However, it became a famous cryptocurrency courtesy of committed developers and community members. It’s currently ranked the 8th cryptocurrency by market cap. The developers seek to implement exciting utilities that can boost the coin value. There are tangible speculations that Elon Musk will also find a use case for it on the Twitter platform.
Dogecoin (DOGE) | |||
---|---|---|---|
Market Cap | Current Price | All-Time High | All-Time Low |
$11.4B | Above $0.08 | $0.74 | $0.00009 |
The second quarter of the year is shaping up to be exciting for cryptocurrencies. It’s crucial to stay ahead of the game to make significant gains in the market. This article has provided the top growing crypto coins in April 2023 that could be worth your investment. Please note that the list is not exhaustive, and your due diligence might reveal other worthy cryptocurrencies.
It’s also worth stating that the above information does not constitute financial advice and should not be construed as such. Please conduct thorough research and consult a financial expert before making investment decisions based on this information.
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