Price Dynamics

As with every halving, a core question on everyone’s mind is: how will the halving affect the price of Bitcoin? While we can infer some insights from the performance of past halving cycles, they may not be a direct indication of future outcomes. Given that we have only experienced halvings three times before, under different market conditions and with different investor contexts, predicting whether or not it is already priced in can be misleading, despite it being a well-known event in advance.

The price of Bitcoin tends to move in four-year cycles. If we look back at each halving period, the price of Bitcoin has risen significantly in the year following each halving event. Before the first halving in 2012, Bitcoin saw returns of over 14,000%. After the first and second halvings, the price of Bitcoin increased by 5,100% and 1,200% respectively, ultimately reaching an all-time high about 500 days after the halving. In the current era before the fourth halving, as of April 15, we have seen a 664% appreciation, with BTC reaching an all-time high of $73,000 before the first halving.

The historical decline chart above illustrates the resilience of Bitcoin’s price trajectory. Despite consistent corrections of more than 70% from all-time highs during the halving cycle, prices have rebounded and set new highs at the beginning of each cycle. As the fourth halving approaches — despite Bitcoin reaching new all-time highs even before the halving — it is important to consider price volatility, which can be caused by external conditions or increased attention and speculation on the halving itself.

3 Cryptocurrencies That Will Explode 100 Times

1.Toncoin

Toncoin is currently trading at $6.545 after falling 6.12%. Market cap is also struggling against the bearish nature of the market. At the time of writing, Toncoin’s market cap is $21,248, 635,304.

Toncoin is still 19% away from its all-time high set five days ago. Toncoin price is trending down and will recover before Bitcoin halving.

Toncoin has recently become a hot topic due to its partnership with Telegram. The partnership included Toncoin as the payment partner of the messaging platform, which led to an increase in demand for the altcoin in the market.

The Bollinger Bands indicator also indicated a decline in the coin’s volatility, leading to stable price swings.

2. SHIB

The Shiba Inu price has started to rise as the price dropped to a low of $0.000021. Currently, the price has risen to $0.0000225 with a market cap of $13,029,843,812, down 5%.

However, Shiba Inu’s trading volume surged by 1,109,046,857% to $5.26. The surge indicates the increasing demand for altcoins in the market.

3. XI

As a digital currency, XAI coin uses advanced blockchain technology. Blockchain technology can effectively ensure the security and privacy of transactions, making users' digital assets more secure and reliable. At the same time, XAI coin also uses smart contract technology to realize the development and deployment of decentralized applications.

The XAI coin team is composed of a group of experienced cryptocurrency experts and blockchain technology experts. The team members have participated in many large-scale blockchain projects and have accumulated rich practical experience. They have deep technical skills and rich industry resources, which can provide strong support for the development of XAI coins. At the same time, the team members continue to conduct research and innovation, and are committed to improving the technology and functions of XAI coins.

XAI coin is part of the ARB ecosystem, this year's game concept. In the last bull market, many leading projects emerged, including AXS, mana, sand, gmt, etc. ARB plans to use 100 million to 200 million tokens to support magic and XAI for research and development. In addition, it is a new coin mined by Binance this year. With the support of three fundamentals, its current market value is only 180 million. For Binance's new coin project, the cost performance is already extremely high.

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