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Cryptocurrency News Articles
Experts Predict December Will Yield Bigger Returns for Cryptos, as Capital Is Expected to Rotate Into Altcoins
Nov 19, 2024 at 09:39 pm
New all-time highs are anticipated for many cryptos including Cardano (ADA), Ethena (ENA), Worldcoin (WLD), and SUI.
Experts predict that December will bring bigger returns for cryptocurrencies, as capital is expected to rotate into altcoins. Many cryptos, including Cardano (ADA), Ethena (ENA), Worldcoin (WLD), and SUI, are expected to reach new all-time highs.
Donald Trump's election victory and increasing institutional adoption of cryptocurrencies could be key factors in triggering a 500% rally for these altcoins.
Top Bullish Cryptos For Mega 400% Returns This Altseason
While many altcoins are expected to make a bullish comeback before Christmas, this article highlights the altcoins that top experts are backing for bigger returns this year. These include Cardano (ADA), Ethena (ENA), Worldcoin (WLD), SUI, and another addition for doubling down on profits: DTX Exchange (DTX).
Sui Blockchain (SUI)
SUI has been one of the standout cryptos in this bull run, surging past the $3.65 threshold this month. Following VanEck's launch of an SUI-based exchange-traded note (ETN) in Europe, SUI crypto becomes a must-buy for investors if the Bitcoin price corrects below the $90k price point.
Experts believe that SUI has a lot of potential for capital appreciation and could end the bull cycle at a price level above $5. This makes SUI a top pick for bullish gains in the next leg of the market.
Cardano (ADA)
Cardano has grabbed the market limelight after its bullish comeback to the $0.7 price point following Trump's victory. Charles Hoskinson's active role in Bitcoin adoption and the Voltaire upgrade has seen ADA’s price rally consistently, notching a 24% weekly hike.
Experts believe that Cardano is set for bigger gains in a more bullish crypto market under Trump's administration, with ADA’s price potentially returning to 2021 levels. This trend makes Cardano (ADA) a favorite among long-term investors due to the project's potential for exponential growth.
Worldcoin (WLD)
In a booming AI crypto sector, Sam Altman's Worldcoin (WLD) is pegged for big gains amid its scaling Orbs-identification operations globally. Worldcoin has successfully shrugged off earlier allegations of market manipulation during its token unlocks, continuing its drive for worldwide adoption.
Market analysts believe that Worldcoin (WLD) price has not rallied enough after Trump's win, indicating higher growth potential compared to other projects of this scale. Worldcoin could easily surge past the $3 price level in the next bull cycle, promising high investment returns.
Ethena (ENA)
Ethena (ENA) is grabbing attention ahead of the Fee Switch Plan announcement on November 30. Despite its sideways trend due to bear-dominating charts, Ethena (ENA) is poised for a bullish return to the $1 price level amid increasing scalability and favorable market conditions.
Ethena (ENA) has declined 7.2% over a week, but experts see strong support at the $0.55 level. Any successful retest of this support could see the Ethena (ENA) price rally sky-high in the upcoming bull market.
DTX Exchange (DTX)
DTX Exchange (DTX) could be a bullish addition to portfolios as the leading presale of 2024 nears its mainnet launch. The project has raised $8 million in batch 5 of its public presale, boosting its global appeal with its Defi-focused strategies and trader-centric features for maximum profitability and a seamless trading environment.
DTX Exchange's decentralized security protocols and pioneering capabilities make it the most sought-after altcoin by profit-hungry whales this season. After CMC's pre-listing, investors are quickly moving to get their hands on DTX tokens at $0.1 before it rockets past 500% gains after its anticipated Q4 exchange listing.
Conclusion
With the alt season set to blow up the price charts, SUI, Cardano (ADA), Worldcoin (WLD), and Ethena (ENA) are positioned for high-flying returns this winter. DTX Exchange also leads the pack as the most successful presale of 2024, emerging as a 5x investment post-mainnet launch.
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