In the realm of cryptocurrencies, altcoins are still holding promise for the future, according to crypto analyst Michaël Van De Poppe.
Despite experiencing a significant correction ranging from 70% to 90% in 2020, altcoins have made a remarkable comeback, surging 20x to 100x within a year and delivering substantial returns. This trend has prompted many traders to diversify their portfolios, focusing on accumulating Mantle (MNT), Cardano (ADA), and Angry Pepe Fork (APORK). Let’s delve into the performance of these top altcoins to watch.
Mantle’s price has broken above $0.90, signaling a positive trajectory for this altcoin. Recent data on the RSI and MACD indicators hint at a potential uptrend in the near future. Keeping a close eye on the critical resistance level of $0.95 is crucial, as a confirmed breakout could lead to new yearly highs for Mantle, with a projected price of $1.32 by the end of Q4 2024.
Cardano, on the other hand, is experiencing an uptrend, surpassing the $0.40 resistance level. Technical indicators, including the RSI and MACD, are pointing towards continued price appreciation for the Cardano crypto. Breaking the critical resistance level at $0.45 could pave the way for new highs, with price predictions reaching as high as $0.64 by the end of 2024.
Angry Pepe Fork (APORK) stands out in the altcoin space with its innovative approach. Introducing the “Conquer to Earn” staking program, APORK aims to revolutionize meme coins by incentivizing user participation through staking. This unique economic model encourages active engagement within the community, setting it apart from traditional meme coins.
During the initial presale stage, APORK is trading at just $0.014, offering a promising entry point for investors. Analysts are optimistic about its future potential, anticipating a surge of 100x once listed on Tier-1 exchanges.
While the future looks bright for altcoins, not all cryptocurrencies will experience the same fate. Mantle and Cardano are garnering bullish sentiment, but Angry Pepe Fork is positioned for significant growth, potentially surging 100x at launch. As investors look for the best altcoins to invest in, APORK emerges as a top contender in the crypto market.