3 Most Promising Altcoins in 2024 Expected to Reach $100 Before Bitcoin Halving!
No matter what you hold now, you will regret it if you don’t look at these three coins.
1.Moonriver
Moonriver (MOVR) token has been flying under the radar for some time now. This has to do with the fact that the price of the altcoin fell from an all-time high of $485 to $5 in early 2023. However, this does not dispel the bullish narrative for the asset.
The MOVR token has seen one of the most significant rallies so far as the cryptocurrency market recovers. In the run-up to Christmas, the price will rise from around $6 to $44 in a matter of days, a 700% increase during that time.
The price has since retraced and is down around 50%. But with the price still holding above $20, this shows that the coin has a lot of promise. Given that MoonRiver has a low supply of around 11 million coins and a tendency to rise rapidly in a short period of time, MoonRiver is one of the coins expected to break the $100 mark.
2.Litecoin (LTC)
Litecoin price surged in 2023 leading up to the halving and was one of the best performing altcoins. However, once the halving was completed, LTC price collapsed and fell into a slow but steady decline. However, this changed as the coin’s price started rising again.
Litecoin prices are rising again as Bitcoin reverses course, briefly topping $75 early Tuesday morning. The altcoin, often referred to as digital silver, is likely to see a stronger rally, especially as the Bitcoin halving approaches, which is typically the catalyst for bull markets. If this continues, LTC could easily break above $100.
3.Avalanche (AVAX)
As the new year approaches, the Avalanche network continues to receive attention from cryptocurrency investors, which helps it maintain its bullish momentum. Just like Moonriver (MOVR) and Litceoin (LTC), Avalanche (AVAX) is another coin poised to break the $100 mark.
In addition, there are several important events in January that deserve your attention:
On January 4, the U.S. Bureau of Labor will release non-farm payroll data.
On January 10, the U.S. SEC will make a decision on the Ark21 Bitcoin Spot ETF application.
On January 12, the United States will release December CPI data.
On January 14, the U.S. SEC will make a decision on Bitwise’s spot Bitcoin ETF application.
On January 17, the U.S. SEC will make a decision on Valkyrie’s spot Bitcoin ETF application.
On January 25, the US SEC will make a decision on the Grayscale Ethereum Spot ETF.
On January 31, Ethereum developers will conduct the Cancun upgrade at Sepolia.
In general, the current market is full of uncertainties, so you must remain cautious and do a good job in position management. It is not suitable for full position investment at this time.
The specific points will be explained in the small circle after the operation.
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