Tom Lee Shrugs Off the Ongoing Crypto Crash and Hints Bitcoin Price Will Surge to $150,000

Tom Lee, the popular analyst who leads FundStrat, has shrugged off the ongoing crypto crash and hinted that the Bitcoin price will surge to $150,000

Tom Lee, the renowned analyst spearheading FundStrat, has brushed aside the ongoing crypto crash and dropped hints at a potential surge for Bitcoin to reach $150,000 later this year.

Lee's prediction, if realized, would translate into a substantial increase from Bitcoin's current price of around $88,000, ultimately triggering further gains for altcoins. In the event of such a surge, several U.S.-based altcoins could be prime candidates for investment.

Best U.S. Based Altcoins to Buy If Bitcoin Price Surges to $150,000

The main narrative for U.S.-based altcoins is that many of them have a higher chance of receiving exchange-traded fund (ETF) approvals by the Securities and Exchange Commission (SEC).

Many others will likely be accepted into Trump's crypto strategic reserves while Trump may exclude them from capital gains taxes.

Some of the best U.S. crypto coins to buy in 2024 include Stellar Lumens (XLM), Avalanche (AVAX), and Uniswap (UNI).

Stellar Lumens (XLM)

Stellar is a U.S.-based coin with a market cap of over $9 billion. It is a blockchain network that aims to address the cross-border payment industry by reducing costs and boosting speed.

It also introduced Soroban, a smart contract network that lets developers build quality decentralized apps. The $1.56 trillion firm, Franklin Templeton, has used Stellar to launch its tokenized money market fund.

Stellar's XLM price has formed a falling wedge pattern, which follows a strong rebound in 2024. It sits at the 61.8% Fibonacci Retracement level, which indicates a strong rebound, potentially to last year's high of $0.6360 soon.

Such a move would imply a 112% surge from the current level.

Avalanche (AVAX)

Avalanche is another cheap U.S. crypto coin to buy as it is trading at its lowest level since August 16. AVAX has crashed by 63% from its highest level in November last year and has recently moved below the key support level at $33.47, the lowest point on December 23rd.

Avalanche price has formed a falling wedge chart pattern, a popular bullish sign in the market. It has also formed a double-bottom pattern at $19.61, whose neckline is at $55.7, up by 175% from the current level.

Avalanche has numerous catalysts ahead, including a potential AVAX ETF and the recent Avalanche9000 upgrade. It is also one of the richest blockchain networks with hundreds in cash in its treasury.

Uniswap (UNI)

Uniswap is one of the top U.S. altcoins to buy. It is one of the three-biggest decentralized exchanges (DEX) in the industry. The others are Raydium and PancakeSwap.

Uniswap benefits from numerous catalysts, such as the recent decision by the Securities and Exchange Commission (SEC) to withdraw charges against the company.

Also, Uniswap is one of the most profitable players in the crypto industry, receiving over $222 million in fees this year. It returns some of these fees to UNI token holders.

The weekly chart shows that the UNI price has pulled back in the past few weeks, moving from a high of $19.45 in November to $7. It has moved below the 50-week and 25-week moving averages.

Also, it is approaching the important support at $5, which coincides with the ascending trendline. The coin will likely bounce back and retest the resistance at $19.45.

Other best U.S. crypto coins to consider include popular cryptocurrencies Aptos, Ondo Finance, Solana, XRP, and Sui.