The halving is predicted to happen on the 19th or 20th of April, and so far, the market is not taking it well. Many altcoins have followed the sharp drop in the price of Bitcoin, and these downtrends have caused significant losses for traders. 

Despite the downturn and the gloomy atmosphere in the crypto space at the moment, there are strong signs that the market will recover after the halving. In a bid to focus on the positives, this article will count down the top 3 altcoins most likely to hit $1 after the halving. 

MATIC 

The native token of the polygon network, MATIC, is expected to have bullish momentum post-halving. The coin has so far been on a downtrend, falling by 21.6% in the past week and bringing its current value to $0.6972. The polygon community is holding on to hope that the halving will ignite a bullish run. 

The downtrend suggests that sellers are currently dominating the market, spurred on by the recent drop in the token’s value. However, if the buying sentiment holds firm, it should be able to sustain the price of MATIC. 

In the event of a bull run, the coin is expected to finally breach the resistance and shoot past the $1 mark. 

DOGE 

Dogecoin quickly became an important part of the crypto landscape despite starting off as a lighthearted project. Currently trading at $0.1569, the coin is experiencing some turbulence as the market prepares for the much-anticipated Bitcoin halving event. The coin experienced a 17% drop in the past seven days, but it is showcasing its resilience and standing strong, as its value is up by 1.0% at the time of writing this. 

If the token can maintain an uptrend through the halving, the price could potentially surge past the $1 mark as Dogecoin is one of the more popular memecoins on the market and most likely to benefit from the projected bull run. 

ALGT

ALGT is currently on presale at $0.08 per unit. The outstanding success of the presale indicates strong investor confidence in the project. The platform is aiming to revolutionize trading with the use of algorithms and has a projected 10x ROI. 

The current funding round has raised over $3.8M and is set to reach the $4M mark soon as more investors become interested in the project’s long-term potential. The price of the coin is set to rise by 25% in the next seed round, and in the event of a bull run post-halving, the conditions may be perfect for the coin to shoot past the $1 milestone. 

Getting Ready for a Bullish Resurgence

Patience is a vital part of any trading strategy, as it saves traders from missing out on profitable opportunities. Trading experts often advise investors to resist the urge to panic sell to “cut their losses” when downtrends sweep through the market. 

If you plan on making it through the halving and emerging a winner, you can visit Coinbase and CoinMarketCap to purchase MATIC and DOGE tokens. The ALGT token is sold exclusively on presale. 

Join the Algotech community to learn more and receive updates about the project. 

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