Through a post on X (Twitter), Dennis Porter, who is the Co-founder and CEO of the Satoshi Action Fund announced that the "Blockchain Basics Act" has passed in Louisiana. This legislation is seen as a significant step towards potentially curbing the influence of central bank digital currencies (CBDCs).
Louisiana House Bill 488, often referred to as the state's "Bitcoin rights" bill, was enacted into law on June 19, and this has sparked interest in altcoins as-well. The three key altcoins that have seen the most activity as a result of this include Angry Pepe Fork (APORK), Litecoin (LTC) and NEAR Protocol (NEAR). Today, we will go over the price performance of all three to determine which one can climb the most.
Angry Pepe Fork (APORK) has stood out when compared to other altcoins through the introduction of the "Conquer to Earn" staking program. This gamified economic model differentiates itself from traditional meme coins, which are known for primarily relying on hype and speculation.
APORK's distinct approach has garnered significant traction, exceeding $169,000 in funding with projections reaching $300,000 by the end of the week. Unlike traditional staking methods, APORK offers users the ability to lock their tokens for predefined periods ranging from 30 to 90 days. This flexibility empowers a wider user-base to participate by allowing them to choose a staking term that aligns with their risk tolerance and financial goals.
The 30-day tier is ideal for new users aiming to familiarize themselves with the platform and its functions, while the 60-day tier is designed for experienced users seeking to optimize their ROI. In addition, the 90-day tier offers seasoned investors the opportunity to maximize their stake size and potentially get the highest returns.
A capped total supply of 1.9 billion APORK tokens fosters long-term scarcity, which could potentially drive token price appreciation. To ensure the security of user funds and foster trust, APORK underwent a comprehensive smart contract audit by SOLIDProof, a leading blockchain security firm.
Some analysts predict a significant price increase of 100x following the launch and major exchange listings. With a starting price of $0.014, APORK offers a low barrier to entry, potentially making it an attractive investment opportunity for a broad audience, making it the best crypto to invest in now.
Litecoin (LTC) has entered the green zone in the past week, despite initially dropping under the $70 price frame. Specifically, the Litecoin crypto climbed from $67 to $75, marking a monumental breakthrough in its price performance
Since then, the Litecoin price has dipped just 3.2%, which is indicative of a strong support, and if it regains bullish attention, it is primed to see far more gains in 2024 and beyond. As a result, sentiment on its future is bullish, and according to the Litecoin price prediction, it can end Q4 of 2024 at $119.89, positioning it as the best crypto investment.
NEAR Protocol (NEAR) has climbed 6% within a single week, indicating that it is going against the broader altcoin market, as the rest of it has experienced a notable downtrend. Moreover, the NEAR Protocol price has reached a peak of $5.59 during the past week, and at this rate it is poised to see far more substantial gains.
According to the NEAR Protocol crypto metrics, the RSI and MACD are both positive, which is indicative of a potential bullish rally. According t o the NEAR Protocol price prediction, it can end Q4 of 2024 at $11.22, placing it as the best crypto to invest in now.
Its clear that while both Litecoin and NEAR Protocol have been at an uptrend, the most significant ROI can be made with Angry Pepe Fork. With its unique approach to staking and overall utility, it can dominate the charts in 2024 and beyond, making it the best crypto investment.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.