Gemini. AI respond:

Full analysis and 3 cryptocurrencies or tokens that could reach highs after the BTC halving 2024:

1. Ethereum (ETH):

Reasons:

Transition to Ethereum 2.0: Increased scalability, energy efficiency, and security.

Growth of the DeFi ecosystem: Increased demand for ETH for staking, lending, and other applications.

Supply reduction: Implementation of EIP-1559, burning ETH for each transaction.

Predictions:

Current price: ~$3,100 USD

Potential high: ~$10,000 USD

Timeframe: 12-18 months after the halving

2. Cardano (ADA):

Reasons:

Continuous development: Implementation of Hydra, Mithril, and Plutus for greater scalability and functionality.

Institutional adoption: Growing interest from companies and investors.

Focus on sustainability: Social and environmental impact projects.

Predictions:

Current price: ~$0.40 USD

Potential high: ~$5 USD

Timeframe: 18-24 months after the halving

3. Polkadot (DOT):

Reasons:

Interoperability solutions: Allows connection between different blockchains.

Parachain auctions: Ecosystem growth with new projects and applications.

Scalability: Sharding to increase processing capacity.

Predictions:

Current price: ~$7 USD

Potential high: ~$50 USD

Timeframe: 12-18 months after the halving

Important:

Technical analysis: Complement the fundamental analysis with technical indicators to identify entry and exit points.

Diversification: Do not invest everything in a single cryptocurrency, diversify the portfolio to reduce risks.

Research: Study each project in depth before investing.

Additional resources:

https://cointelegraph.com/news/bitcoin-halving-2024

$BTC $DOT $ADA