8 new cryptocurrencies to buy in April

April promises to be an exciting month for the cryptocurrency market, with several new projects generating buzz on social media platforms like X and Reddit.

This article will explore eight emerging cryptocurrencies that traders and investors believe could have explosive growth potential in the coming weeks.

1. Dogecoin20 (DOGE20)

The first is Dogecoin20 (DOGE20), which is expected to debut with DEX later this month.

Dogecoin20 is positioned as a “Doge upgrade” – leveraging Dogecoin’s cultural relevance while adding utility through staking rewards.

Additionally, its extremely successful $10 million presale demonstrated retail investor demand for this coin disruptor.

Dogecoin20Dogecoin20

Additionally, the huge growth of Dogecoin20 Twitter and Telegram channels point out that there is already huge support for the project online.

Additionally, if DOGE20 can achieve even a fraction of the rise of the original Dogecoin after its launch, it could be positioned for explosive growth towards the end of April.

Visit the Dogecoin20 presale

2. Athena (ENA)

Next comes Ethena (ENA), a protocol that aims to transform Ethereum into a yield-bearing stablecoin.

Its infrastructure allows the creation of USDE, which is guaranteed by a hedging process on CEXs and DEXs.

Furthermore, this approach means that USDE can be classified as a decentralized and stable asset capable of generating returns from the economic activity of Ethereum.

AthenaAthena

The native token of the Ethena protocol is ENA, providing governance rights and staking yields to holders.

All of these features combined position Ethena as a key DeFi player that could be worth considering for investment in April.

3. Slothana (SLOTH)

Slothana (SLOTH) is a Solana-based coin project that has amassed a huge online following thanks to its simple sloth-inspired branding.

Although it had no utility or white paper, that didn’t stop Slothana’s presale from raising over $6.8 million in less than two weeks.

Investors are excited about SLOTH due to the recent explosive debut of similar meme coins launching without a use case.

Cryptocurrency SlothanaCryptocurrency Slothana

A good example is SLERF (SLERF), another sloth-themed token that generated huge gains for early investors, despite initial controversy.

If SLOTH can harness this same viral energy, many presale buyers believe the token could be in line for its own bull run in April.

Visit the Slothana presale

4. Osmosis (OSMO)

Operating in the Cosmos ecosystem, Osmosis (OSMO) is a DEX and automated market maker enabling cross-chain trading.

It allows developers to create custom AMMs with unique features such as bonding curves, dynamic fees, and multi-asset pools.

The OSMO token is key to this ecosystem and grants its holders the right to vote on upgrades and development.

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Osmosis has quickly become a major force in interoperability in the DeFi space, leading investors to purchase OSMO tokens to gain visibility.

If this trend continues, OSMO (and its holders) could have a successful month.

5. 5th Escape (5SCAPE)

Another new new cryptocurrency that investors may want to watch in April is 5th Scape (5SCAPE).

The 5th Scape ecosystem aims to combine VR gaming with Web3 technologies like crypto and blockchain.

This ecosystem will contain immersive game worlds optimized for VR, a proprietary headset, an ergonomic gaming chair, and even a creator-owned marketplace powered by the native 5SCAPE token.

5Scape cryptocurrency5Scape cryptocurrency

Having already raised over $3.6 million, 5th Scape appears to have tapped into crypto investors’ interest in groundbreaking projects in the VR space.

And with 5SCAPE tokens being offered at a discounted price of $0.00248 during the current presale phase, there is real explosive potential if the development team can make progress on their roadmap.

Visit the 5th Scape pre-sale

6. Plerf (PLERF)

Plerf (PLERF) presents itself as the latest meme coin sensation to debut on the Solana blockchain.

As its name suggests, PLERF pays homage to the SLERF token, which went viral two weeks ago.

Like SLERF, PLERF has no use cases and relies solely on its hilarious branding to generate speculative investments.

Cryptocurrency PLERFCryptocurrency PLERF

This tactic seems to be working so far: the value of PLERF has increased by over 100% in the last 24 hours.

In addition, the PLERF is now ranked 2sd on CoinMarketCap’s list of trending cryptos, which means it could be another new project to watch closely in April.

7. Bitcoin Minetrix (BTCMTX)

For cryptocurrency investors looking for a new way to gain exposure to the benefits of Bitcoin, Bitcoin Minetrix (BTCMTX) offers an intriguing proposition.

Through its Stake-to-Mine model, Bitcoin Minetrix allows holders to earn BTC rewards via staking rather than spending energy resources.

Not only that, but Bitcoin Minetrix also has a secondary staking protocol offering returns of 55% per year.

After raising over $12.8 million in its presale, Bitcoin Minetrix appears poised to generate some serious hype once it hits the open market.

This hype could be further boosted by interest in the upcoming Bitcoin halving, preparing BTCMTX investors for an exciting month ahead.

Visit the Bitcoin Minetrix Presale

8. Core (core)

Wrapping up our list of new cryptocurrencies to buy in April is Core (CORE).

Core is an EVM-compatible layer 1 blockchain that uses the innovative “Satoshi Plus” consensus mechanism.

This mechanism combines elements of Bitcoin mining with delegated proof of stake to strike a balance between decentralization, security and scalability.

The CORE token powers this ecosystem and is primarily used to facilitate governance.

With a focus on scaling the protocol and promoting cross-chain interoperability, Core is an exciting newcomer with the potential to disrupt the cryptocurrency and blockchain spaces.


reference: watcher.guru

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