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Look, here are the choices of Altcoins that can be collected after the Bitcoin halving

Liputan6.com, Jakarta – The price of Bitcoin (BTC) has strengthened to USD 67,200 in the last 24 hours. The increase in Bitocin prices was driven by traders' optimism after the halving event at the weekend.

The largest flagship crypto coin in the world is currently trying to reach the USD 70,000 level, which is its all-time high (ATH). Most likely, the highest level of Bitcoin prices will still be achieved in the next few weeks.

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Additionally, Bitcoin miners, the main source of selling pressure, have not sold recently despite the increase in mining difficulty.

Quoted from coinpedia, Tuesday (23/4/2023), Bitcoin traded at around USD 66,300, triggering increased volatility in altcoins led by Solana (SOL) and Ripple-backed XRP.

According to intelligence platform Santiment, short-term Bitcoin traders have started distributing profits to more speculative altcoins led by meme coins.

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Additionally, Bitcoin's near-term rise will move in tandem with altcoins, thus guaranteeing corresponding profits.

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What altcoins are worth considering collecting? Here is the review:

Popcat (POPCAT)

In the meme coin section, Santimen notes that POPCAT, a Solana-based project, has become the most popular among speculative investors. According to the latest market data, POPCAT price has rallied around 30 percent in the last 24 hours.

It is worth noting that the small-cap altcoin has a fully diluted valuation (FDV) of around USD 371 million and an average 24-hour trading volume of around USD 117 million.

POPCAT's recent price spike has pushed the meme coin to retest its ATH, with expectations of high price discovery in the coming weeks.

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Amps (AMP)

In the DeFi-based altcoin category, Santiment noted that Amp (AMP) has recorded a sharp increase in trading volume, which is attractive to speculative investors.

According to market data provided via Binance-backed Coinmarketcap, AMP recorded a 50 percent jump in daily trading volume to around $25 million on Tuesday during the early Asian session.

With an FDV of around USD 796 million, the small-cap altcoin is up more than 22 percent in the last seven days and is trading around USD 0.0079.

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Disclaimer: Every investment decision is in the hands of the reader. Study and analyze before buying and selling Crypto. Liputan6.com is not responsible for profits and losses arising from investment decisions.

Look, here are the choices of Altcoins that can be collected after the Bitcoin halving

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