Top 5 Made in USA Cryptos to Keep an Eye on This Week
The crypto market is abuzz with speculation as five significant Made in USA cryptocurrencies take the stage this week. While IP has been a standout performer lately, recent market shifts have led to a correction in its price, mirroring ONDO, which has seen a decline of over 22% in the past seven days.
There are whispers that both HBAR and LINK could potentially find a spot in the U.S. strategic crypto reserve, impacting their future price movements. As these coins approach crucial support and resistance levels, the next few days will be decisive in determining their trajectory.
Hedera (HBAR)
HBAR holds a spot among the top 10 largest Made in USA cryptos by market cap, and speculation is rife that it might be considered for inclusion in the U.S. strategic crypto reserve.
Despite this, HBAR has faced challenges in the past week, witnessing a 16.7% dip while its market cap lingers around $8.8 billion. The recent downturn has sparked concerns about its ability to rally or if it will continue facing selling pressure.
Chainlink (LINK)
Chainlink remains a dominant player in the oracle sector and has been expanding its footprint in real-world assets (RWA), solidifying its importance in blockchain infrastructure.
Speculations suggest that LINK could join the U.S. strategic crypto reserve, potentially driving its price towards key resistance levels of $15.79, with further targets at $17.64 and $19.79 if bullish momentum persists.
Aptos (APT)
APT has garnered significant attention as a new layer-1 blockchain, with talks of a potential ETF fueling discussions in the market.
Despite the hype, APT has seen a drop of nearly 12% in the past week, prompting questions about its ability to recover or if further downside could be in store.
Ondo Finance (ONDO)
ONDO, a prominent real-world asset (RWA) token, experienced a 22% decline in the last week but maintains a strong position in the market with a market cap of around $2.8 billion.
As ONDO faces pressure from the recent pullback, the focus shifts to whether it can regain its momentum or if a further downturn looms.
Story (IP)
IP has been a standout performer among Made in USA cryptos, with a remarkable 77% surge in the last 30 days, placing it in the spotlight among the top altcoins.
However, a recent correction of 19% has brought its market cap down to $1.27 billion, raising doubts about its future price movements.
As IP navigates these fluctuations, the possibility of overcoming recent losses and climbing towards new highs remains a tantalizing prospect in the realm of Made in USA cryptocurrencies.