- The altcoin sector has seen several cryptocurrencies that show potential for price breakouts in 2024.
- Ripple and SEC’s lawsuit is still persisting with Ripple applying for Cross Appeal recently.
It is not novel that the US regulatory body, the Securities and Exchange Commission, has been targeting several cryptocurrency firms. At present, its lawsuit against Ripple has gained the spotlight, with the latest update being Ripple’s filing for the Cross Appeal. However, despite the lawsuit, Ripple’s XRP has managed to maintain a positive market sentiment, showing potential for price increases.
In the past few hours, XRP has factored in a modest price dip of 0.58% and was trading at $0.51 at the time of writing. On the other hand, the altcoin has shown increased activity in the past months in terms of on-chain activity and other advancements. The firm also debuted crypto custody services this month, showing strong potential for performance in 2025 as well.
This article identifies other such altcoins including Uniswap, Worldcoin, and Bittensor showing potential for significant growth and performance in 2025.
Uniswap (UNI)
Uniswap has recorded a yearly increase of 79.68% in its price, in spite of the recent downward movements. The token’s firm Uniswap Labs is yet another firm combating regulatory complications, courtesy of the SEC’s actions. However, this has not prevented Uniswap Labs in its innovation as the recent launch of the Unichain highlights.
Since the launch of its own blockchain UNI has shown modest price increases. Additionally, along with its recent upgrades, the altcoin has shown potential for bullish performances in 2025. Moreover, the token’s short-term 9-day MA still has been holding fort above the 21-day MA indicating a positive trend despite dips. At the time of writing, UNI was trading at $7.409 as per CMC data.
Worldcoin (WLD)
The World community recently caught the spotlight by launching the World Chain last week. Additionally, it also rebranded to World as per recent reports. Previously, in September 2024 Worldcoin had shown significant price increases garnering market attention specifically for its price actions.
However, in the past few weeks, the altcoin has seen a bearish takeover as prices have dropped by 6.43% in the last 30 days. At the time of writing, WLD was trading at $1.951 as per TradingView data.
On the other hand, when zooming out over the yearly chart WLD shows a price increase of 4.13%. This can be taken as an indication that the token might still hold the potential for price breakouts. Moreover, its short-term 9-day MA stands above the long-term 21-day MA highlighting a bullish trend in price.
Bittensor (TAO)
AI cryptocurrencies in the past week briefly took to the spotlight owing to positive price momentum and increased activity. Bittensor Network’s native token TAO has shown a significant 571.26% in the past year. This indicates a positive momentum that might follow in the upcoming year.
The altcoin has shown intriguing price actions in the past months although bearish. It is attempting to break resistance and inch closer to begin trading above its SMA. At the time of writing, TAO was trading at $497.2 as per CMC data.
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