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Donald Trump, the former President of the United States, has reiterated the intention to take a more favorable stance for cryptos, than the current Biden administration, and has promised to end the “war on crypto” if elected. The Former President presented this during a special address in West Palm Beach, Florida.
As a result, sentiment on the future of cryptocurrencies has turned bullish, and three that stood out the most include Avalanche (AVAX), Litecoin (LTC) and Angry Pepe Fork (APORK). We will go over the price performance of all of them to see which one can surge the most in 2024.
Avalanche (AVAX) has experienced recent price volatility, reaching a high of $31.95, and a technical analysis of the AVAX price chart reveals a recent downtrend following a prior upswing earlier in the year.
This cyclical movement is not uncommon within the cryptocurrency market, and the Avalanche price could surge as the ecosystem is experiencing significant growth, which could contribute to positive price pressures over an extended timeframe.
A robust ecosystem, with a diverse range of applications and protocols built on the Avalanche platform, can incentivize user adoption and potentially drive future demand for AVAX tokens. As a result, while the Avalanche crypto took a hit recently, it does have uptrend potential, assuming it breaks above $35. Based on the Avalanche price prediction, by the end of 2024, it can reach its highest point at $53.11.
Litecoin (LTC) has exhibited recent positive momentum, with on-chart metrics suggesting a potential breakout above the $80 resistance level. Over the past week, the Litecoin price has reached $79.90, demonstrating upward price movement.
Supporting this bullish sentiment is the Relative Strength Index (RSI) which currently sits above 50. This technical indicator suggests that the Litecoin crypto is not yet overbought, and there is potential for continued price appreciation.According to the Litecoin price prediction, it can end 2024 at $119.89, making it the best crypto.
Angry Pepe Fork (APORK) can be a game-changer in the ever-evolving crypto landscape with the introduction of its unique Conquer to Earn staking program. This is a gamified economic model which deviates from traditional holding models through incentivizing user participation and fostering a far more engaged community in the process.
Beyond passive holding, APORK offers a tiered staking system that allows users to actively contribute to the network's stability and growth. Users can lock their tokens for predetermined periods, ranging from 30 days, to 60 days and even 90 days, with the potential for increased rewards based on the staking duration.
APORK also implements a capped supply at 1.9 billion tokens which can be the main driver towards long-term price appreciation. Moreover, during its presale, APORK trades at $0.014 and could spike as much as 100x based on the latest projections, and as such has emerged as the best crypto.
It's clear that Former President Donald Trump is bullish on cryptocurrencies, and this has sparked interest in diversification among traders. While both Avalanche and Litecoin could experience an uptrend, most of the attention has gone towards Angry Pepe Fork, as it is poised to dominate the charts in 2024 and beyond, making it the best cryptocurrency to invest in.
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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.
