Top Altcoins to Buy for Multibagger Returns: Akash Network, Zilliqa, and KuCoin
The Bitcoin halving event has finally arrived, and the future looks bright for the cryptocurrency. With a surge of 650% since the last halving in 2020, Bitcoin could potentially reach $435,000 before the next halving in 2028. In the current bullish market, it is expected that Bitcoin will trade above $100,000, making it a good time to consider investing in altcoins as well.
Apart from the halving event, there are two other factors that could contribute to a Bitcoin rally. The possibility of multiple rate cuts in the next 12 to 18 months and the predicted increase in the number of crypto users to one billion by 2030 are positive indicators for the cryptocurrency market. With limited supply, Bitcoin is likely to continue its upward trend, while altcoins with strong use cases could also see significant growth.
Among the best altcoins to consider for potential wealth creation are Akash Network (AKT-USD), Zilliqa (ZIL-USD), and KuCoin (KCS-USD). Akash Network, a decentralized cloud computing platform, has seen a 1,000% surge in the last year and is well-positioned to benefit from the rising adoption of cryptocurrency. Zilliqa, the world’s first blockchain network using sharding technology, offers faster transaction speeds and scalability, making it an attractive investment opportunity. KuCoin, one of the largest centralized exchanges, has a wide range of listed coins and tokens and is expected to see growth in the coming quarters.
Overall, the current market conditions present a favorable environment for both Bitcoin and altcoins, making it a good time for investors to consider diversifying their portfolios with these promising cryptocurrencies.