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Wall Street giant, Morgan Stanley, has declared the end of the crypto winter. With the crypto market entering a bull phase, investors are looking for top crypto to buy. Analysts have given their predictions for Litecoin, Polkadot, and Bitcoin Spark. How high can these three altcoins go in the next crypto?
How High Can Litecoin (LTC) Go in the Market Rally?
Litecoin shocked the crypto market in June with a massive rally. In a sharp price movement, the LTC coin rose from $74 to $114. However, the Litecoin price declined just as sharply, reaching $58 in September. However, the crypto market is now in a bullish phase.
In the recent market rally, Litecoin recovered above the $60 resistance. In the short term, Litecoin predictions from analysts SantoXBT and KongBTC suggest that LTC could rally to the $100 resistance level. But long-term Litecoin price predictions are more bullish.
According to the Litecoin forecasts, a break above $100 could happen before the 2024 Bitcoin halving. In the months that follow, the LTC coin has been projected to rally as high as $250 in the second half of 2024.
How High Can Polkadot (DOT) Go in the Market Rally?
The Polkadot price has struggled in 2023. Year to date, the Polkadot price has declined 5%. Meanwhile, Bitcoin has increased by more than 100%. Despite this poor start, the Polkadot price prediction hints at a change of trend.
With the crypto market projected to increase significantly, the Polkadot coin has been forecasted to rally. According to the DOT price prediction from OvenAdd, Polkadot could rally by 100% to reach $8 before the end of 2023.
In its Polkadot price prediction 2025, these analysts suggest a high of $24. However, Changelly is less bullish. According to these analysts, $10 is more feasible for Polkadot by 2025.
How High Can Bitcoin Spark (BTCS) Go in the Market Rally?
Bitcoin Spark has been the center of attraction in the crypto space. The project has caught the attention of investors because of the significant upgrades it brings to the network. As a Bitcoin hard fork, it maintains all the security, censorship-resistance, and privacy of the blockchain.
However, Bitcoin Spark has included smart contract functionality. By allowing developers to deploy decentralized applications, Bitcoin Spark sets up the network for massive growth. In addition, community members can launch DAOs on the network.
But that’s not all. Bitcoin Spark hopes to democratize the mining process. To achieve this, Bitcoin Spark has introduced a more efficient Proof-of-Process consensus mechanism. With this, Bitcoin Spark supports more efficient mining with smart devices.
The Bitcoin Spark network has already gone live on testnet. The project is also in the ICO Phase VIII, where its network token, BTCS, is selling for $3.25. As it offers an improved version of Bitcoin, BTCS has been projected to explode to $50 in the next bull market.
Find out more about the Bitcoin Spark ICO below: