According to crypto analyst Michaël Van De Poppe, there is still potential in the future of altcoins. Based on a post on X (Twitter), altcoins in 2020 suffered a correction of 70% to 90%, yet a year after that, spiked 20x to 100x and provided major returns.
As a result, many traders began to diversify their holdings, and are making moves towards accumulating Mantle (MNT), Cardano (ADA) and Angry Pepe Fork (APORK). Today, we will go over the price performance of each one of these altcoins to see why they are the top altcoins to watch.
Mantle Price Breaks Above $0.90 – What’s Next For This Altcoin?
Mantle (MNT) has also gone upwards in value, with a price breakout observed over the past week. This upward movement is reflected in the price exceeding the previously established resistance level at $0.90 for the Mantle price.
However, the data for the RSI and MACD indicators suggest that a future price uptrend could occur in the near future. A critical resistance level to monitor is $0.95, as a confirmed breakout above this level could lead to a test of new yearly highs for the Mantle crypto. According to the Mantle price prediction, it can end Q4 of 2024 at $1.32, making it one of the top altcoins to watch.
Cardano Crypto At An Uptrend – Can It Surpass $0.50 In 2024?
Cardano (ADA) has exhibited recent bullish momentum, with a price breakout above the $0.40 resistance level observed over the past week. This upward movement is further supported by technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) currently suggesting a potential for continued price appreciation for the Cardano crypto.
A critical resistance level lies at $0.45. A confirmed breakout above this level could lead to a test of new yearly highs for the Cardano price. However, it is important to note that Cardano price prediction estimates, such as the claim of a maximum value of $0.64 by the end of 2024, should be viewed with caution, positioning ADA as one of the best altcoins to invest in.
Angry Pepe Fork (APORK) To Dominate The Altcoin Space With Unique Approach
Angry Pepe Fork (APORK) is paving the future of meme coins with a twist, as it introduces the “Conquer to Earn” staking program. This gamified economic model deviates from the traditional meme coin approach, which often relies solely on speculation and virality. APORK attempts to incentivize user participation and foster a more engaged community by rewarding users who actively contribute to the network through staking.
Instead of just holding APORK tokens passively, users can lock them into the network for predetermined periods starting from 30 days, and moving ahead to 60 days or even 90 days. This staking mechanism can potentially contribute to network stability while offering users the opportunity to earn rewards based on the duration of their stake.
Moreover, during the first presale stage, APORK trades at just $0.014, presenting a solid entry point. Analysts are bullish on its future however, and speculate that it can climb 100x, especially once listed on Tier-1 exchanges.
Which Altcoin Can Surge The Most In 2024?
While its clear that Michaël Van De Poppe sees potential in altcoins, as historically they’ve recovered, not every single crypto can have the same fate. As a result, sentiment is bullish on Mantle and Cardano, but the highest spike can be experienced with Angry Pepe Fork, as it is poised to grow 100x at launch, making it one of the best altcoins to invest in.
