The return of Bitcoin (BTC) to $70,000 has indeed boosted the value of meme coins, making them a standout group among altcoins. Despite some issues with their utility and community attitude, their speculative growth has become an important topic in the crypto space in 2024. The rise of meme coins with soaring market capitalizations such as Dogecoin (DOGE), Maga (TRUMP), ArbDoge AI (AIDOGE), SPX6900 (SPX) may continue, especially against the backdrop of Bitcoin's upcoming halving.

The Bitcoin halving is an event where the Bitcoin mining reward is cut in half, which usually leads to an increase in the value of BTC and has the potential to drive activity in the entire crypto market. According to predictions, the Bitcoin halving date for 2024 is April 20, which means that in the coming days, we may see further increases in the price of Bitcoin and may trigger a massive altcoin rally.

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