JAKARTA - Halfing Bitcoin will soon take place. Bittime, a crypto asset investment platform that is officially registered in Indonesia, assesses that there are several tokens that deserve to be monitored to become portfolio diversified crypto assets ahead of the incident.
Bittime CEO Ryan Lymn said Haling Bitcoin is predicted to occur in mid-April. This is the fourth-year cycle event most awaited by crypto market players. But unlike other previous halling, BTC tokens hit a new all-time high a few weeks before this year's halling.
The increase in Bitcoin this time was supported by many things. Starting from the approval of the Bitcoin ETF in the US capital market, the Fed's interest rate policy, to halving. This raised the risk appetite for investors and at the end supported the overall crypto asset market," he explained, in a written statement, quoted on Saturday, March 30.
He explained that it helped raise the price of Bitcoin to its peak at 73,373 US dollars for the first time in history. Its market capitalization value hit a new record high of above 1.4 trillion US dollars in March.
"However, it should be noted that ahead of Halving, there has been historical volatility in the crypto asset market. Therefore, it is important for market participants to continue to monitor other crypto assets as portfolio diversification," he explained.
Bittime Product Manager, Fransiskus Bupu Awa Du'a said that in the previous two halving moments in 2020 and 2016, the price of BTC was observed to weaken quite sharply before halling. This shows that market participants should diversify their assets so that the portfolio remains positive.
We see that there are several tokens that have the potential to provide positive performance in the near future of Bitcoin Haling. The things we are considering include project roadmaps, uploaded narratives, and communities that support them, "he said.
Ondo Finance (ONDO)
Ondo's mission is to make institutional-level financial products and services available to everyone through the power of public blockchain. This is done by tokenizing real world assets (RWA) and developing financial protocols that integrate these tokens.
IT is observed that ONDO has shot up to 109 percent in a month. What's impressive is its significant role in liquidity with stablecoins. Ondo Finance has a dedicated team that has previous experience in well-known financial companies like Goldman Sachs.
Internet Computer Protocol (ICP)
ICP adds an autonomous serverless cloud functionality to the public internet, making it possible to build almost all systems or services entirely on decentralized networks using a canister software', an evolution of smart contracts.
Web3 services and company systems can be built directly on ICP as a decentralized public network that can continue to be developed. Starting from social networking hosts, media streaming, and others, which support Web3 functionality. Most recently, ICP is in the realm of real world assets (RWA) which are on the rise. The ICP token rose by 49% in a month.
Dogecoin (DOGE)
DOGE may be known as one of the pioneers of the coin meme. Dogecoin was created in December 2013 by Billy Markus and Jackson Palmer. Dogecoin is here to be part of the excitement of the world of crypto assets through a popular meme featuring a Shiba Inu dog.
A series of fames have also colored tokens with the 8th largest market capitalization value in the world. Recently, DOGE token performance strengthened after news of its use as payment on social media platform X or Twitter. DOGE has been observed to have strengthened by 107 percent in a month.
Aevo (AEVO)
Aevo is a revolutionary DeFi platform launched in 2022, having set the goal of becoming a champion in on-chain option trading. Supported by Ribbon Finance's leading DeFi protocol, Aevo smoothly combines the power and customization of traditional option infrastructure with transparency and accessibility of blockchain technology.
Apart from being widely listed on various global exchanges, the AEVO team has also completed an airdrop worth US$30 million in the form of gifts to early users of the token. The AEVO token was observed up 22.73 percent in a month.
Furthermore, Bittime has been operating since 2022 and currently provides hundreds of crypto assets with low transaction fees and admin fees. In addition, Bittime also has attractive product features to meet user needs.
Most recently, Bittime lists several coins that are being loved by the market, including ZK, BABYDOGE, SFUND, SSV, and AGI. Bittime applications can be downloaded on Google Play and the App Store.
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