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In a recent development that has sparked a frenzy in the crypto space, the Winklevoss billionaire twins have supported Former US President Donald Trump by donating a whopping $2 million in Bitcoin. Tyler and Cameron Winklevoss, who in February entered a settlement with the US and New York state financial regulators after accusations of wrongdoing, posted this on their X handles.
Donald Trump has publicly supported crypto trading and investment, and should he win later in the year, crypto prices are expected to soar. As such, to prepare for the upcoming bull run, analysts have highlighted the top crypto coins with great prospects this year. They are Angry Pepe Fork, Bitcoin, XRP, Chainlink, and THORChain. Experts recommend them as the best coins to invest in this year for huge profits.
Angry Pepe Fork (APORK) comes into the crypto market with lots of promise. It is a Solana-based meme coin with the objective of defeating zombie meme coins that are causing havoc on the blockchain and becoming their leader. For fans of Angry Pepe Frog and those who missed out on Pepe Coin, Angry Pepe Fork is a better alternative with 50x projection.
Angry Pepe Fork boasts a special conquer-to-earn contest that offers numerous rewards to token holders. In this quest, which is available at presale, Angry Pepe Fork armies defeat zombie meme coins in exchange for rewards. These armies formed by individuals will be rewarded in the form of a staking model which will be live at presale.
As more zombie meme coins are conquered, the APY of the APORK army increases. For members who stake, their APY will be determined by the lock-in periods they choose. Beginners can opt for 30 days to test how it works, while those who want to grow their earnings in the short term can choose 60 days. However, for elite members and generals, choosing the 90-day lock-in period earns them massive gains.
At the ongoing presale, Angry Pepe Fork has raised over $160k and it could hit $500k before the end of the month. Presently, the APORK token is sold at $0.014. There is a 10% bonus for new buyers. The token has a fixed supply of 1.9B which will create scarcity and boost the price. As such, analysts are already bullish on its prospects and pick it among the best cryptos to buy.
Bitcoin (BTC) was launched in 2009 by developers who wanted to promote another alternative to fiat currencies. It is the first crypto network and has become the biggest cryptocurrency in the world. The success of Bitcoin has encouraged the development of hundreds of cryptocurrencies. BTC is the network's native token and has several use cases. The most popular use of BTC is cross-remittance. Thousands of financial institutions, casinos, and merchants accept it as a means of payment.
In terms of market performance, Bitcoin is one of the best cryptocurrencies of the year. Having witnessed massive rallies in the past months, Bitcoin price hit a record ATH of $73.750k in March, triggered by the approval of the Bitcoin ETF earlier in the year. Notable influencers such as Robert Kiyosaki have urged people to buy BTC.
Although the BTC price is down, Trader Alan, a popular crypto analyst is positive on the long-term prospects. He believes the Bitcoin price has formed a double top, which could lower the price. Trader Alan advises holders to ignore short-term volatility because the final movement is up. Meanwhile, the Bitcoin trading volume is surging which could push the price above $70k soon.
Ripple (XRP) is one of the best crypto payment solutions in the world. It prides itself on having an excellent currency exchange network that can process transactions across borders. The XRP ecosystem is used to transfer direct payments swiftly and securely. With the power of the XRP token, members can make cross-border financial transactions. The XRP ecosystem is fraud-free and allows all parties to see the status of their transactions in real-time.
Although one of the top crypto coins in the market, the XRP price has struggled in the past months occasioned by the ongoing case with the US SEC. Recent news shows that the SEC is still claiming that XRP was an unregistered company and is threatening to fine Ripple Labs a huge $102.6M. The nitty-gritty of the case has taken a toll on the XRP token with the token struggling to hold onto the $0.5 support zone.
However, despite its prolonged downtrend, Louis Crypto, an astute trader, believes XRP is a good crypto to buy now. He believes that while the XRP price is trying to break out, it is also testing the 50-day SMA. If it successfully breaks above the current resistance zones, it could rally towards the 0.622 and 0.662 levels.
Chainlink (LINK) is a decentralized network that was launched to allow the automation of smart contracts on blockchains. Chainlink's market cap is among the largest and ranks 14th in the crypto market with an MCP of over $8.4B. Meanwhile, the Chainlink trading volume is growing despite ongoing market retracement with over $306M in daily trading activity.
In the Chainlink ecosystem, LINK, an ERC-20 token, is the native token. It is used for payment for services in the network. Operators on the network can also stake LINK for rewards. Looking at Chainlink technical analysis, prominent crypto trader Whales Crypto sees a bullish rally ahead.
The analyst thinks Chainlink is one of the best cryptos to buy ahead of the bull run. According to his analysis, the LINK token has bounced from the lower border of the falling wedge. This pattern could lead to Chainlink's price reaching around $16 soon. With the Chainlink trading volume showing increased activity, a bullish rally is imminent.
THORChain (RUNE) is a multi-currency platform that has a cross-chain architecture that allows users to swap tokens across several blockchains. The protocol uses an interoperable ecosystem to resolve issues surrounding crypto swapping.
THORChain boasts the RUNE token, which is a multi-purpose coin used for various purposes on the network. It helps with the smooth running of the platform and serves as governance for staking. Moreover, the RUNE token is an incentive to reward node operators who deposit into liquidity pools.
CoinMarketCap data shows that THORChain’s price has dropped significantly as the market faced the bears. However, Alt Crypto, a crypto trader, has made a bold THORChain price prediction. Although the ThorChain market sentiment is bearish the analyst believes that if the RUNE price can break above the upper orange trendline and the last major high at $4.73, the bulls will regain control. With the THORChian market cap heading up, RUNE is one of the best cryptos to buy in the dip.
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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.
