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 later this year. Such a move would imply a big increase from the current $88,000 and trigger more gains in altcoins. This article explores some of the best Made in USA altcoins to buy in the event of such a surge.
Made in USA Altcoins To Buy
The main case for Made in USA altcoins is that many have a higher chance of receiving ETF approvals by the American Securities and Exchange Commission (SEC). Many others will likely be accepted into Trump’s crypto strategic reserves, and Trump may exclude them from capital gains taxes. Some of the best Made in USA crypto coins to buy are Stellar Lumens (XLM), Avalanche (AVAX), and Uniswap (UNI).
Stellar Lumens (XLM)
Stellar is a made in the USA 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. Franklin Templeton, a $1.56 trillion firm, 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, pointing to a strong rebound, potentially to last year’s high of $0.6360 soon. Such a move would indicate a 112% surge from the current level.
Avalanche (AVAX)
Avalanche is another cheap, made-in-USA crypto coin to buy. It has been 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.
The 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 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 an estimated $3 billion worth of AVAX in its treasury.
Uniswap (UNI)
Uniswap is one of the top Made in USA altcoins to buy. It is also one of the three biggest decentralized exchanges (DEX) in the industry, along with 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.
Read more: Uniswap Price Prediction: UNI Outlook as V4 Gains Momentum
Other Best Made in USA Crypto Coins
Other Made in USA coins to consider include the popular cryptocurrencies Aptos, Ondo Finance, Solana, XRP, and Sui.
Disclaimer:
The information provided in this article is for informational and educational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are highly volatile and carry significant risk. so do your own research.
