Expert’s Top 5 Altcoins for Post-Bitcoin (BTC) Halving Gains: MERL, Tensor(TNSR), & More Insights
According to crypto analyst and influencer Tracer (@DeFiTracer), the recent Bitcoin halving event signals an impending “market moonshot” for altcoins. In a tweet thread, Tracer highlights historical patterns and outlines five promising tokens poised for significant gains.
What you'll learn 👉
Historical Patterns and Predictions Post-Halving
The Bitcoin halving, which occurred three days ago, is a mechanism embedded in the cryptocurrency’s code. It reduces the reward for mining new blocks by half, effectively slowing down the emission rate of new Bitcoin. Historically, this event has been a bullish sign for the market, as the demand for Bitcoin remains steady or increases while the supply decreases.
Tracer notes that after each halving, the market follows a similar pattern: “Usually, $BTC rise begins about six months before halving, and after the halving, a flat period follows.” However, the analyst states, “Peak values were mostly reached a year after halving, and during this time, a bullish market thrives.”
Past Successes and Future Prospects
Citing past cycles where altcoins like Polygon (MATIC) and Solana (SOL) achieved gains of 300x and 150x respectively, Tracer believes the current post-halving period presents a prime opportunity for investors. “Now is exactly that time when $MATIC – 300x and $SOL – 150x were found,” the analyst tweeted.
Tracer dismisses recent market volatility as “nothing more than panic selling on the news background and an opportunity to buy.” The analyst remains confident that Bitcoin will “easily reach $100,000+” and that altcoins will provide “100x+ gains.”
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Show more +The Top 5 Altcoins
To capitalize on this potential, Tracer shares five tokens with “future development prospects”:
- Merlin Layer2 (@MerlinLayer2) – $MERL
As an L2 solution for Bitcoin utilizing ZK-Rollup technology, @DeFiTracer expects Merlin Layer2 to “grow exponentially” as the Bitcoin ecosystem gains traction. With its native $MERL token, this project tops the analyst’s list of potential moonshots.
- Tensor Foundation (@tensorfdn) – $TNSR
Described as the largest NFT trading platform on Solana, Tensor Foundation and its $TNSR token are next on the list. Despite a relatively small $150 million market cap, @DeFiTracer believes a significant pump is “inevitable” for this NFT-focused project.
- iEx.ec (@iEx_ec) – $RLC
Riding the AI wave is iEx.ec, a “leading provider of blockchain-based decentralized computing using AI.” With $RLC as its native token, @DeFiTracer sees immense growth potential as “the best AI projects will grow exponentially.
- StarkNet (@Starknet) – $STRK
Rounding out the list is StarkNet, a “permissionless decentralized rollup aggregator” operating as an L2 solution. Considered undervalued relative to its prospects, the analyst is bullish on the $STRK token.
- Wormhole (@wormhole) – $W
Summing out is Wormhole, an “interoperability platform supporting multi-chain applications and bridges.” With its $W token, @DeFiTracer believes the team’s ambitious vision will “easily ignite the bullish market” for this project.
While past performance is not indicative of future results, Tracer’s analysis of historical halving cycles and the accompanying market dynamics provides insights for traders and investors seeking potential opportunities in the altcoin market.
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