With the Bitcoin halving anticipated to occur right now, crypto lovers are already beginning to take positions in numerous altcoins. Amongst these, there are a selection of cash which have proven a variety of promise in relation to reaching the $100 value mark and this report takes a take a look at three.
MoonRiver (MOVR) Tops Lists Of Altcoins To Attain $100
The MoonRiver (MOVR) token has been one which has flown underneath the radar for fairly some time now. This has to do with the truth that the worth of the altcoin fell from its all-time excessive of $485 to as little as $5 earlier in 2023. Nevertheless, this has not eradicated the bullish narrative for the asset.
Thus far, because the crypto market has recovered, the MOVR token has seen probably the most vital rallies. Within the days main as much as Christmas, the worth would go from round $6 to as excessive as $44 in a few days, notching 700% good points throughout this time.
Since then, the worth has since retraced and fallen round 50%. However with the worth nonetheless holding above $20, it exhibits a variety of promise for the coin. Given its low provide of round 11 million cash and a bent to rise shortly in a short while, MoonRiver is among the cash poised to interrupt the $100 mark.
MOVR value at $24 | Supply: MOVRUSDT on Tradingview.com
Litecoin (LTC) Gradual Motion Coming To An Finish
The Litecoin price rallied tremendously in 2023 main as much as its halving and was amongst among the best-performing altcoins. Nevertheless, as soon as the halving was accomplished, the LTC price would crumble and fall right into a sluggish and regular decline. Nevertheless, this has modified because the coin’s value has begun to select up steam as soon as once more.
With the Bitcoin reversal, the Litecoin price is on the up as soon as once more, briefly crossing $75 within the early home of Tuesday. The altcoin, which is also known as the digital silver, could possibly be poised to see firmer rallies, particularly because the Bitcoin halving attracts nearer, which is commonly a catalyst for the bull market. If this continues, then LTC may simply cross $100.
Avalanche (AVAX) Sees An Awakening
Similar to Solana (SOL), the Avalanche network has undergone an awakening that has introduced traders again to the chain. Because of this, the AVAX price has rallied, going from its 2023 low of round $9 to as excessive as $47 in December 2023.
As the brand new yr rolled round, the Avalanche community has continued to get pleasure from consideration from crypto traders and this has helped it preserve its bullish momentum. Similar to MoonRiver (MOVR) and Litceoin (LTC), Avalanche (AVAX) is one other token anticipated to cross the $100 mark.