With the global crypto market facing a downturn, the entry of Trump’s World Liberty Finance into the space through significant investments, has sparked the attention of analysts and traders alike.
As the company continues to accumulate more assets, particularly Ethereum (ETH), TRON (TRX), Chainlink (LINK), Aave (AAVE), and Minotaurus (MTAUR), it’s clear that these altcoins to watch could see notable movements in the near future.
Here’s a breakdown of their current performance and expert predictions on what could be next.
5 Altcoins to Watch as Trump’s World Liberty FI Holds More
World Liberty Financial (WLF), linked to Donald Trump, hold nearly $370.4 million across 44 cryptocurrencies, including ETH, TRX, LINK and AAVE. The firm is actively pursuing growth in decentralized finance (DeFi), evidenced by its significant crypto asset accumulation strategy. Here is an in-depth look into these altcoins to watch, with Minotaurus emerging as a game changer in the gaming industry.
1. Ethereum (ETH) – Potential Altcoin to Watch for Major Growth
Ethereum maintains its strong position in the crypto market. Right now, World Liberty Finance owns ETH worth $66M making it a crucial part of their holdings. The way Ethereum price moves hints at a possible big jump soon.
Crypto expert Crypto Rover points out that Ethereum’s current behavior looks a lot like what happened in 2020 suggesting a breakthrough might happen soon.
- Source: Crypto Rover
Ethereum’s price sits at $3,143.29 showing an 8.06% drop in the last month, but some analysts are still optimistic about its future. Crypto Rover thinks ETH could shoot up to $8,000, as the price follows patterns we’ve seen before big gains in the past.
Price Prediction:
- Short-term: Consolidation around $3,000.
- Medium-term: Potential breakout towards $8,000 as the market picks up momentum, with the expected altcoin season.
2. Minotaurus (MTAUR) – A New Altcoin to Watch
The Minotaurus (MTAUR) token presale has set its price at 0.00006001 USDT per token, presenting a 70% markdown from the planned listing price of 0.00020 USDT. Early participants who entered at 0.000040 USDT have already seen notable progress.
Positioned as a key player in the casual gaming market, which is valued at $15 billion, MTAUR aims to integrate advanced gaming functionalities with blockchain technology.
Early participants have started accumulating MTAUR, indicating that it could be positioning itself to ride the wave of blockchain-based gaming.
With structured presale rewards and strong security audits by SolidProof and Coinsult, MTAUR is generating interest as an up-and-coming altcoin to watch, and one of potential new cryptocurrencies to buy.
Given the rapid growth of the gaming sector and MTAUR’s favorable pricing, early buyers might see substantial yields once it lists on exchanges.
Price Prediction:
- Short-term: Stable accumulation at presale prices.
- Long-term: Substantial price increase post-listing, especially if gaming adoption continues to grow.
3. TRON (TRX) – Bullish Momentum Amid Market Corrections
TRON, with its current market cap of $20.9 billionf and holding $10 million worth in World Liberty Finance portfolio, has made significant strides, especially in terms of transaction efficiency.
The blockchain has gained recognition for eliminating gas fees on stablecoin transactions, a move that has contributed to its growing popularity.
Despite a recent 1.79% drop in value, analysts predict Tron (TRX) price could hit as high as $0.37 by February 2025, driven by continued adoption and strategic partnerships.
If TRON manages to break through resistance levels at $0.25 to $0.258, we could see a surge to $1.75 to $2 in a more favorable market environment.
Price Prediction:
- Short-term: Struggling to break resistance around $0.25.
- Long-term: $0.37 to $1.75, contingent on positive market momentum.
4. Chainlink (LINK) – Gearing Up for a Major Move
Chainlink (LINK) is an altcoin to watch, particularly since it holds $6 million in World Liberty FI’s assets. LINK has been demonstrating indicators of consolidation, and there is considerable expectation of a rise. C
hainlink price has successfully remained above a crucial downtrend that has continued since 2021, and momentum is increasing.
Crypto analyst @CryptoELlTES suggests that LINK could reach price targets of $53, $100, and even $144. Given the massive growth potential, Chainlink remains one of the best cryptos to buy, especially as its role in the decentralized finance (DeFi) space continues to expand.
Price Prediction:
- Short-term: A push towards $53 as resistance breaks.
- Long-term: A potential surge to $144 with sustained bullish sentiment.
5. Aave (AAVE) – DeFi’s Stronghold
Aave, currently priced at $298.46, is a leader in the decentralized finance space, with $4M worth in World Liberty FI’s portfolio. Recently, Aave has been experiencing a dip of 16.72% over the past week, but analysts are watching a key support level at $240.91.
If this level holds, AAVE could see a bullish reversal, with a target price of $532.63, according to analysts.
Aave’s Version 4 update, featuring the launch of GHO, a stablecoin designed to boost DeFi’s scalability, is anticipated to promote growth. Featuring innovative capabilities and an expanding DeFi ecosystem, AAVE continues to be an excellent choice for long-term investors.
Price Prediction:
- Short-term: Potential bounce from $240 support with an eye on $350.
- Long-term: Surge to $532, boosted by new protocol features and DeFi adoption.
Final Thoughts
World Liberty FI keeps making big moves in the crypto world buying up more altcoins like ETH, TRX, LINK, and AAVE. This shows they have increased confidence in these assets. Meanwhile, Minotaurus is emerging in blockchain gaming, as one of the best gaming tokens to buy. As the market slows down, these altcoins have strong fundamentals and room to grow in the next few months. Crypto experts and analysts predict that these assets, particularly Ethereum, Minotaurus and TRON, might see big price changes as the market settles down and bounces back. Investors should keep an eye on these cryptos, and brace for possible fluctuations, while also evaluating long-term potential considering their strategic functions within the crypto landscape.
The post 5 Altcoins to Watch as Trump’s World Liberty Accumulates More appeared first on CoinGape.
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