Altcoins

8 Best Cryptos To Buy Now For High Potential Gains In April - YouTube Analyst Picks

8 Best Cryptos To Buy Now For High Potential Gains In April - YouTube Analyst Picks

Table of Contents

March proved to be a positive month for the crypto market, with Bitcoin closing the monthly candle in the green and now trading at around $66,000 after a minor pullback in April. The Bitcoin price even hit a new all-time high around $73,900 in mid-March before entering a consolidation phase. 

As the highly anticipated Bitcoin halving event is now just days away, traders are on the lookout for the best cryptocurrencies to invest in for potential gains in April.

In this article, we will analyze some of the top cryptocurrencies that could be worth considering for investment, based on their fundamentals, utility, and potential growth prospects and include commentary from top crypto YouTube channels.

Best Crypto Coins to Invest In This April

  • Slothana (SLOTH) – A Solana-based meme coin representing individuals tired of the 9-5 grind, aspiring to become “Crypto Chads.”

  • Dogecoin20 (DOGE20) – An Ethereum-based meme token aiming to be an upgraded version of Dogecoin with staking rewards and a fixed supply.

  • 5th Scape (5SCAPE) – An online VR games platform offering exclusive access to premium VR content, games, and experiences.

  • eTukTuk (TUK) – A platform promoting sustainable transportation solutions through electric vehicles and blockchain technology in developing nations.

  • Goldfinch (GFI) – A decentralized lending protocol facilitating crypto borrowing with off-chain collateral, focusing on emerging markets.

  • NetMind (NTM) – A blockchain AI platform utilizing idle GPUs worldwide to create a global computing network for AI models.

  • Wrapped Minima (WMINIMA) – A decentralized Layer 1 blockchain enabling individuals to run nodes on mobile/IoT devices.

  • Jupiter (JUP) – A popular liquidity aggregator for the Solana ecosystem, optimizing trading and providing access to a wide range of tokens.

Slothana (SLOTH)

The first project on our list is Slothana, a Solana-based meme coin that’s one of the newest stories in the meme coin community. It represents individuals who are tired of the 9-to-5 grind and dream of transitioning into crypto trading. 

The project features a sloth character aspiring to become a “Crypto Chad” and make substantial gains through its $SLOTH token.

Slothana’s presale mechanism involves users sending $SOL to a specific wallet address to receive $SLOTH tokens upon launch, with 1 SOL equaling 10,000 $SLOTH tokens. Furthermore, the project has already raised almost $5 million in just a few days, showcasing its potential for viral success in the ongoing meme coin frenzy.

With a meme concept, a presale strategy, and a strong marketing efforts across various top crypto media platforms (including Readwrite), Slothana has ambitious goals for April and beyond. Let’s see if project can capitalize on the early presale success. 

Dogecoin20 (DOGE20)

Next, we have Dogecoin20, an Ethereum-based meme token aiming to be an upgraded version of Dogecoin, with a fixed supply of 140 billion tokens. The project’s presale was a success, raising $10 million and hitting its hard cap, with a presale price of $0.00022 per token. This presale success reflects decent investor interest, fueled by the project’s focus on staking rewards, capped supply, and a vibrant community.

Dogecoin20’s launch on April 20, known as Doge Day, aligns with the meme coin industry’s excitement. The project’s features include a staking protocol for passive rewards, a fixed supply cap, and smart contracts audited for transparency. These fundamentals emphasize utility, community support, and a strategic approach to differentiate Dogecoin20 from Dogecoin while retaining its essence. Hard task, but not entirely impossible.

Additionally, Dogecoin20’s team has opened a limited “post-presale” phase, offering DOGE20 tokens at a discounted price of $0.00022 for latecomers. This phase concludes on April 20, also known as “Doge Day,” which marks the project’s launch on Uniswap. This presents a final opportunity for investors to participate before the token’s listing on exchanges.

Overall, Dogecoin20’s innovative tokenomics, staking mechanism, and community engagement position it as a potentially promising meme coin. It remains to be seen whether DOGE20 can keep the momentum in the post-presale period.

5th Scape (5SCAPE)

The next top crypto we’ll analyze is 5th Scape, an online VR games platform that offers exclusive access to premium VR content, animations, educational materials, movies, and more. The project is launching a presale where individuals can acquire 5SCAPE tokens to access high-resolution VR content and enhance their gaming experiences.

5th Scape’s focus lies in decentralization, community engagement, and advanced VR technologies such as VR headsets and gaming chairs. The project’s roadmap includes the launch of VR games like Cage Conquest and Epic Arena, community development initiatives, and ongoing security monitoring.

One of the key offerings of 5th Scape is a diverse array of 3D VR games with engaging gameplay mechanics and narratives, including titles like MMA 3D, Cricket 3D, Soccer 3D, Archery Master, and Thrust Hunter. Additionally, the platform will feature ergonomically designed chairs and advanced VR headsets to enhance the immersive gaming experience.

5th Scape also plans to establish a Developer Center for innovation and collaboration, providing resources, tools, and support for users. The presale of 5SCAPE tokens aims to raise $15 million, with a total token supply of 5.21 billion and a listing price of $0.01. 

The project’s core objectives are to deliver immersive experiences, build a strong user community, and transform the VR and AR industry. So far, the presale has raised $3.2 million and is currently in phase 3 out of 12 phases.

eTukTuk (TUK)

Next, we have eTukTuk, a project that aims to provide sustainable transportation solutions, particularly in developing nations, through the integration of electric vehicles (EVs) and blockchain technology.

eTukTuk seeks to address pollution issues prevalent in developing countries by introducing electric vehicles with zero tailpipe emissions, promoting eco-friendly transportation options, and reducing air and noise pollution.

The project focuses on creating a transparent and decentralized platform for shared electric vehicle services, fostering economic growth, and providing income opportunities for local entrepreneurs. eTukTuk has established partnerships with entities like The Capital Maharaja Group in Sri Lanka to strategically deploy charging stations and expand its services.

Additionally, eTukTuk collaborates with governments, NGOs, and local communities to drive the adoption of sustainable mobility solutions and transform transportation systems. Of course, TUK token serves as the utility token of the eTukTuk ecosystem, powering the network and enabling users to earn rewards through staking and transactions within the platform. 

Users can stake TUK tokens into Power Nodes, contributing to the network’s sustainability and facilitating the transition to cleaner transportation options. This project is currently in its presale phase, having raised $2.6 million so far. The presale price for the TUK token is set at $0.029.

Goldfinch (GFI)

Part of the hot real-world assets (RWA) narrative, Goldfinch (GFI) is a decentralized lending protocol that facilitates crypto borrowing with off-chain collateral, focusing on emerging markets. The project involves two native tokens, $GFI and $FIDU, both following the ERC20 standard, with $USDC being the sole currency for investments and loans.

Goldfinch aims to bring real-world investments to DeFi by providing sustainable APYs from businesses globally, offering options to optimize for yield or ease, and ensuring liquidity with tailored choices. The protocol stands out by making crypto loans without requiring crypto collateral, enabling access to capital for businesses without the need for over-collateralization with crypto assets.

Goldfinch’s lending model involves four core participants: borrowers, backers, liquidity providers, and auditors. Backers play a crucial role by providing first-loss investment on secured loans to borrowers, backing the ones they believe in, and earning the protocol’s highest yields.

Its current market cap is around $140 million.

NetMind (NTM)

NetMind is closely associated with the hot crypto AI sector. It is a blockchain artificial intelligence (AI) platform that aims to create a global network of computing power for AI models by utilizing the idle GPUs of users worldwide.

The NetMind Token (NMT) facilitates transactions within the NetMind Power platform, which leverages the underutilized or idle GPUs of users worldwide to create a global network of computing power. 

NMT

source: power.netmind.ai

This approach aims to democratize AI computing power by tapping into the pool of idle GPUs owned by individuals. NetMind Power integrates various technologies to provide a low-latency, well-connected, and easy-to-manage environment for distributed deep learning training and inference. With a current market cap of around $300 million, NetMind is still considered a mid-cap coin.

Wrapped Minima (WMINIMA)

It’s time for a lower market cap coin on our list – Wrapped Minima (WMINIMA). The purpose of WMINIMA is to offer a decentralized Layer 1 blockchain that provides users with a secure platform for various applications. 

Minima, the only mobile-native layer 1 blockchain, aims to make blockchain technology accessible to everyone by enabling individuals to run fully validating and constructing nodes on mobile or IoT devices.

By creating an ultra-lean blockchain protocol that operates entirely on mobile or IoT devices, Minima allows for the construction of a decentralized network that is scalable, inclusive, secure, and resilient. 

At the Token Generation Event, 100% of Native Minima (1,000,000,000 $MINIMA coins) were minted, and 12.5% of these coins were wrapped on the Ethereum blockchain as ERC-20 tokens (125,000,000 $WMINIMA coins) to enable trading on exchanges. With a market cap of just around $40 million at press time, WMINIMA is still considered a “below $100 million market cap” coin.

Jupiter (JUP)

Last but not least on our list is Jupiter, one of the most popular liquidity aggregators for Solana, with a market cap of around $2.2 billion at press time. Jupiter Exchange acts as a platform that offers a variety of tokens and facilitates route discovery between token pairs on the Solana blockchain.

Jupiter is designed to enhance trading efficiency within the Solana ecosystem, providing access to a diverse range of tokens and trading pairs. This makes it a valuable tool for traders operating on the Solana blockchain. The project is continuously expanding its DeFi product offerings, featuring a comprehensive suite that includes Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading.

Jupiter has gained traction due to its versatile features, such as a bridge comparator tool for cross-chain transactions, a decentralized exchange (DEX) aggregator core, and the JUP token, which enables community governance and decision-making within the Jupiter Ecosystem. 

The platform’s significance lies in its ability to streamline and optimize trading activities within the DeFi space by pooling liquidity from various sources, offering users improved trade execution, deep liquidity pools, and competitive trading prices across a wide range of tokens and trading pairs.

Within the Solana ecosystem, Jupiter plays a role by addressing the need for efficient liquidity aggregation for financial instruments like token swaps, perpetual futures, and decentralized stablecoins. 

Its success (considering JUP is #57 globally per market cap) can be attributed to its user-friendly interface, reliable trading mechanism, and close integration with the Solana blockchain, benefiting from Solana’s low transaction fees and high throughput capabilities.

Conclusion

We all know that crypto investors are constantly on the lookout for the top altcoins and cryptocurrencies with the potential for gains. In this article, we have analyzed eight promising projects that could potentially be worth considering for investment this April.

From meme coins like Slothana and Dogecoin20 to projects like 5th Scape, eTukTuk, Goldfinch, NetMind, Wrapped Minima, and Jupiter, each project offers value propositions.

Whether it’s capitalizing on the meme coin frenzy, providing immersive VR gaming experiences, enabling sustainable transportation solutions, facilitating real-world asset lending, democratizing AI computing power, or streamlining liquidity aggregation on Solana, these top cryptos might potentially have good performances this month.

While it remains to be seen which cryptocurrencies will ultimately surge during this period, we have aimed to narrow down the choices and provide an overview of their fundamentals, utility, and growth potential for April and beyond.

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

 

Investment Disclaimer
Related Topics: 

You may like