Top altcoins to watch as Bitcoin (BTC) steadies above $70K

2024-03-11 04:36:34 ET

The cryptocurrency market ended last week’s volatility with a bullish note as Bitcoin (BTC) climbed to the $70K all-time high. It traded at $71,418 at press time, up 10% over the past seven days.

AI tokens and memecoins, vital in influencing broad market rallies, are poised to dominate trends amid the ongoing rally.

With the bullish BTC halving on the horizon, Render (RNDR),

Memeinator (MMTR)

, and Dogecoin (DOGE) are among the altcoins that will likely drive markets for the coming months.

Render (RNDR)

Render Network is an Ethereum-based computer graphics network that makes video and pictures using high computation power.

The AI-centered platform allows studios and artists to access high-end computer graphics processing by renting from individuals with extra computer power.

RNDR serves as the governance token within the Render ecosystem, offering users various benefits. Participants enjoy cost-friendly cloud services.

Moreover, Render Network handles tricky and massive projects smoothly, ensuring boosted scalability and flexibility.

RNDR traded at $11.93 at press time, down 1.45% in the previous 24 hours. It yielded 60% gains for its holders over the past seven days.

Ongoing

developments in the artificial intelligence sector

and the anticipated market-wide rally will likely push Render prices to record peaks in the coming days and months.

Memeinator: genuine utility in the memecoin sector

Memeinator is another meme token poised for significant moves during the anticipated rally. With its intention to offer players a themed crypto with utility and massive marketing efforts.

Profit-hunting players have invested over $6.275 million in the ongoing MMTR presale. That confirms their confidence in the asset’s momentum after launching.

The project’s Meme Warfare game presents an intuitive network for enhanced user engagement.

The Memeinator team has various upcoming developments to match its exceptional utility and value. For instance, the innovative staking model offers one of the top passive yields within the cryptocurrency industry.

Moreover, the AI-centered Memescanner provides a massive economic scheme with deflationary strategies to guarantee expansion and sustainability.

MMTR in 2024

Memeinator will likely steal the show in 2024, considering its market timing. Its fast-selling ICO is nearing the final countdown, and the alt will ride the halving-driven optimism for price growth.

History indicates that bulls assert their dominance after each Bitcoin halving. For instance, Dogecoin exploded after the previous event despite utility concerns.

Analysts expect Memeinator to outperform during broad-market surges due to its unique approach and use cases.

Dogecoin (DOGE)

Dogecoin is the original memecoin and has proven its resilience since its 2013 launch. Analysts describe it as among the assets to purchase before the April BTC halving.

DOGE recorded astronomical surges in 2021 as bulls dominated the overall market.

Further, Dogecoin attracts new players since it is easy, fun, and accessible on leading platforms such as Robinhood. DOGE’s vibrant community has remained active with the motion of propelling the meme token to $1.

The digital coin is gaining strength on Monday, trading bullishly at $0.1731 following a 3.42% uptick within the past hour.

With the cryptocurrency industry anticipating an influx of new investors as the halving approaches, Dogecoin could steal the show with enormous price surges. Will DOGE match

analyst expectations

hit $1 soon?

You can find more Memeinator details

here

.

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Top altcoins to watch as Bitcoin (BTC) steadies above $70K

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