April 2023 could be an exciting month for cryptocurrencies, particularly altcoins. According to a crypto analyst, there are five tokens that should dominate the market during this period. The first one is dYdX, a DEX (Decentralized Exchange) that could benefit from the challenges faced by Binance. Polygon tokens could experience an increase in adoption due to new updates on the platform and to the positive price action of the past few months. Zilliqa will likely see an increase in its price following the introduction of the Ethereum Virtual Machine to its network. XRP's price could be influenced by the legal battle between Ripple and the Securities and Exchange Commission that is coming to an end. Lastly, Ethereum could be driven by the Shanghai update which has already seen it close in on $2,000 with a sustainable bullish pressure. Given the multitude of factors involved, it will be interesting to keep an eye on these altcoins in the month of April.
Sarah Walker
- 2023-03-30
April Could be an Exciting Month for Cryptocurrencies
Crypto analyst predicts that five altcoins could dominate the market throughout the month of April 2023. Read to know more about the altcoins that include dYdX, Polygon, Zilliqa, XRP, and Ethereum.
