We Found 3 Cryptocurrencies About to Rally
The world’s largest cryptocurrency by market cap is going for $97,000 at writing – after lifting from its recent low of $92,000. But we’ve found 3 alt coins ready to outperform Bitcoin, lets learn all about them. Source:...
The world’s largest cryptocurrency by market cap is going for $97,000 at writing – after lifting from its recent low of $92,000. But we’ve found 3 alt coins ready to outperform Bitcoin, lets learn all about them.
Source: Brave New Coin Bitcoin Liquid Index (BLX)
Oliver Michel, the founder and chief executive of Tokentus, has identified three altcoins, Cardano (ADA), Stellar Lumens (XLM), and Dogecoin (DOGE), that he thinks will outperform Bitcoin in 2025. In fact, the German industry expert touted the possibility of an exceptional near-term rally in these three altcoins in an interview today. Here are our price predictions for Dogecoin, Stellar Lumens, and Cardano.
Stellar Lumens (XLM)A continued interest in real-world asset (RWA) tokenization and the broader expectations that crypto supremacy will be a priority for the incoming Trump government has resulted in a fivefold increase in the price of Stellar Lumens since early November.
The platform’s commitment to improving speed and cutting costs associated with cross-border payments and remittances has already won a few notable partnerships – including ones with MoneyGram and IBM.
Additionally, several central banks, like those of Ukraine, Australia, Brazil, and the Bahamas have explored or even launched Central Bank Digital Currencies (CBDCs) on the Stellar network.
As mainstream adoption escalates further, the demand for, and ultimately the price of XLM could push much higher in the medium- to long-term.
From a technical perspective, Stellar Lumens is trading above its 50-day and 200-day MA which indicates bullish momentum and the possibility of a near-term rally. An analysis based on the Fibonacci Extension even suggests the XLM price could surpass $2.0 in 2025, according to crypto analyst Javon Marks.
Source: TradingView
Dogecoin (DOGE)Another altcoin that’s been in a sharp uptrend on the heels of President Trump’s scheduled return to the White House is Dogecoin.
But analysts are convinced DOGE is not out of juice just yet. A recent analysis by Project Syndicate, for example, suggests this meme coin could hit the much-anticipated $1.0 level in 2025.
Dogecoin counts billionaire Elon Musk among supporters. His electric vehicle behemoth, Tesla Inc, already accepts this meme coin on its website for Tesla merch. But the potential upside could be unprecedented if it begins accepting DOGE for cars or if Musk taps Dogecoin in his pursuit of making X.com an “everything app” with DOGE payment rails.
For those interested in near-term gains, it’s worth mentioning that the Moving Average Convergence Divergence (MACD) indicator also implies continued bullish momentum for Dogecoin.
Plus, strong community support and active whale activity indicate promising growth prospects as well. Whales have reportedly accumulated more than 470 million DOGE in recent days. The Doge to a Dollar narrative is intensifying.
Cardano (ADA)Cardano is currently in the midst of forming an ascending channel that could see it rally past the $10 level in the medium- to long-term, according to a crypto enthusiast who goes by “CW”.
Source: X.com
ADA has been consolidating around 95 cents in recent weeks which makes now the perfect time to invest in it. Moreover, the convergence of 100 and 200 EMA lines signals a significant move up ahead.
Cardano may soon experience a parabolic rally because the second stage of its crucial Chang Hard Fork upgrade is scheduled for early 2025. This upgrade introduces decentralized governance mechanisms, allowing ADA holders to participate in on-chain voting and propose protocol changes.
The Chang Hard Fork aims to transition Cardano into a fully decentralized blockchain that will likely boost demand for its native cryptocurrency and push its price up to a new all-time high this year.
Finally, there’s growing speculation within the Cardano community about the prospect of an ADA fund. Experts believe that favorable shifts in the regulatory backdrop under the Trump administration and increasing interest from institutional investors could pave the way for a Cardano ETF in 2025.
There we go folks. With excitement building in the crypto markets in anticipation of a Trump Pump, alt coins such as Doge, ADA and XLM are set to outperform. That’s as long as Bitcoin holds steady and breaks $100,000. That seems like just a matter of time.
Original source
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