Table of Contents
â— Litecoin sheds 10% in a week, but experts believe an uptrend is coming soon.
â— Cardano loses 19% in a week, but analysts expect bulls to return by month’s end.
â— Rebel Satoshi poised to surge further after gaining 100% thus far.
After a tumultuous year, the crypto market ended 2023 with bulls charging. However, top altcoins like Litecoin (LTC) and Cardano (ADA) kicked off 2024 on a bearish note. Meanwhile, Rebel Satoshi ($RBLZ), an upcoming meme coin, has taken the crypto market after surging 100% thus far during its public presale.
Between Litecoin, Cardano, and Rebel Satoshi, which crypto has massive growth potential? Let’s delve into expert predictions to find out!
Litecoin Tanks 10% in a Week: Are Bulls Returning Soon?
Litecoin has performed direly over the past seven days. On January 2, LTC was changing hands at around $73.26. However, the January 3 market crash that stemmed from fears of the SEC rejecting spot Bitcoin ETFs took a toll on LTC because the crypto-verse considers it the silver to Bitcoin’s gold. As a result, LTC plunged to $64.44 on the same day.
After trading sideways for days, LTC started surging on January 8 after Litecoin announced that its network had inscribed over 2 million ordinals in 2024. This news saw LTC climb to $68.29 on January 9 before correcting downward and stabilizing at around $65.33. This price means LTC has lost 10.82% in a week.
Still, experts believe Litecoin will surge to close the month at $79.19. This prediction makes LTC a good crypto to buy! Experts peg this prediction on Litecoin gaining more adoption as ordinal inscriptions continue rising.
Cardano Plunges 19% in a Week: What’s Coming Next?
Cardano has performed dismally over the past seven days. On January 2, ADA was hovering around $0.6231. Unlike most altcoins, ADA survived the January 3 market crash. On January 4, renowned crypto analyst Ali Martinez revealed that Cardano whales had purchased
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Author: Crypto Daily