Bitcoin ETF Outflows Signal Shift: Chainlink, Polkadot and APORK to Benefit

Fidelity’s FBTC has experienced $106 million in outflows, which is nearly half of the $226 million in spot Bitcoin ETF Outflows that occurred on June 13. BlackRock’s IBIT is the only fund that saw net inflows on the day, with $18.23 million as reported by SoSo Value on X (Twitter). As the Bitcoin price continues to struggle, there is a paradigm shift in the industry, as many traders begin to diversify their holdings.

Out of the thousands of altcoins to pick from, three specifically could benefit the most out of this, including Polkadot (DOT), Chainlink (LINK) and Angry Pepe Fork (APORK). To see why this is the case, we will go over all of them individually. Let’s go over each one to see why these are the top altcoins to watch for 2024.

Polkadot Crypto Surpasses $7 – What’s the Next Price Barrier?

Polkadot (DOT) is one of the cryptocurrencies that can benefit from this market shift. During the past week, the Polkadot price surpassed the $7 resistance and nearly broke past $8. Now, $8 is the price barrier that it needs to pass, and if it does, this positions the Polkadot crypto as a major diversification opportunity. Based on the Polkadot price prediction, it can end Q4 of 2024 at $10.66.

Chainlink’s Technology Utilized on XPay by XSwap Labs – Can This Lead To Price Increases?

Chainlink (LINK) has experienced an uptrend during the past week as XPay by XSwap Labs launched and uses CCIP to power on-chain payments. The Chainlink crypto could now see an increase in appeal, as the industry-standard protocol for secure cross-chain value unlocks an array of use-cases with this integration.

The Chainlink price has gone upwards by 12% in the past week, and reached $17.58 at its maximum price point. Now, $20 marks a major price barrier that it needs to pass in order to reach new heights. According to the Chainlink price prediction, it can end 2024 at $26.06, making it one of the best altcoins to invest in.

Angry Pepe Fork (APORK) To Dominate Charts With Unique Staking Model

Angry Pepe Fork (APORK) introduces a novel "Conquer to Earn" staking system, aiming to redefine user engagement within the Web3 space. This gamified approach seeks to move beyond traditional staking models by actively incentivizing user participation. The system fosters a more engaged community compared to projects relying solely on passive holding.

Moreover, it empowers users through offering a tiered staking system, where users can lock their APORK tokens for predefined periods, ranging from 30 days, 60 days, or even 90 days. Moreover, this mechanism fosters a symbiotic relationship, and through locking their tokens, users contribute to the network's stability and growth, potentially earning rewards for their commitment.

With a maximum supply of 1.9 billion tokens, as the supply decreases, the value can potentially increase, leading to a future price appreciation opportunity. APORK is now offered at just $0.014, which makes it an appealing crypto for diversification, as it can spike 100x at launch following major projections by analysts, positioning it as one of the top altcoins to watch.

Which Crypto Can Benefit the Most From the Bitcoin ETF Outflows?

Angry Pepe Fork has the potential to challenge established players like Polkadot and Chainlink by offering a unique user engagement model and a strong focus on community building through staking incentives. Additionally, its capped supply could lead to price appreciation if adopted widely, making it the go-to opportunity for diversification, positioning it as one of the best altcoins to invest in.

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