- Analyst AJ has forecasted that VeChain to touch $1.14 on October 25th 2024.
- NuggetRush looks set to climb above $1 before the end of 2024.
- Litecoin surpasses Bitcoin in terms of payment usage.
2024 is looking bullish, and investors are already doubling down on the best altcoins, while others are at a loss on which coin to go for. Luckily for you, analysts have picked three coins that you can consider in 2024. They are VeChain, NuggetRush, and Litecoin. Let us see what analysts are saying about them.
Can NuggetRush (NUGX) Reach $1 in 2024
Crypto presales have emerged as an efficient strategy to mitigate the turmoil in the crypto market, with NuggetRush (NUGX) emerging as an attractive choice. It is one of the best ICOs because of its optimistic price trajectory.
What makes it different? It stands out due to its community-driven approach, real-world applications, and meme tokenomics. It exists at the crossroads of memes, play-to-earn (P2E), and GameFi. This intriguing blend of fun and practicality makes it enticing, placing it as the best new cryptocurrency to invest in now.
In addition, the inclusion of a free play-to-earn (P2E) game will add actual benefit to the ecosystem. The game will revolve around gold mining and will offer exhilarating gameplay as well as opportunities to win rewards.
Furthermore, one of its distinguishing aspects is its meme tokenomics. There are 500 million tokens available. Currently, just 43% of the tokens are available for public sale, and more than 140 million have been sold. So, hurry up and get in. The NUGX DeFi coin price in the project’s fourth presale round is $0.015.
VeChain (VET) To Cross $1 By October
The VeChain (VET) blockchain, known for its sustainability initiative, has caught the attention of several crypto analysts. One such analyst is AJ. The analyst highlighted that VeChain’s native token has formed the Golden Cross observed on a 2-day chart.
This is the first time this has happened since June 19th, 2020. As a result, it bears a lot of weight in the token’s price trajectory.
According to the expert, the previous time a Golden Cross occurred on VET’s chart, the asset increased by 3,062% over the next 300 days. “If this pattern were to repeat, VET could potentially reach $1.14 by October 25th, 2024,” he said.
The VeChain coin has been trading between $0.02757 and $0.03612 on the 7-day chart. The token climbed to the $0.0300 region but fell back to the $0.02 region.
Litecoin (LTC) Surpasses Bitcoin for Payments
For the second month in a row, Litecoin (LTC) has surpassed large assets such as Bitcoin to become the most widely utilized cryptocurrency for payments. This accomplishment shows Litecoin’s increasing supremacy in the digital payment industry.
Litecoin’s proportion of global payments increased to 38.25% in December, up from 34.52% in November, BitPay.
This rise not only signals Litecoin’s all-time high in market share. It also represents a significant shift in payment preferences, as it took a large amount of Bitcoin’s market share.
Bitcoin’s market share fell from 30.55% to 23.24%. Given the growing adoption of Litecoin, analysts have predicted a rise to $100 in 2024.
Conclusion
2024 promises to be an exciting year for the crypto community. The total crypto market cap has been rising in the past weeks. Analysts are expecting a major price rally.
Smart investors are doubling down on top altcoins like VeChain, NuggetRush, and Litecoin. Join the trend now so you do not miss out.
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