Unstaked at $0.00689: The Best Crypto Coin to Buy Before the Broader Market Catches On

Momentum is picking up across the crypto market as two familiar names, Litecoin and Stellar, return to the spotlight.

Litecoin (LTC) price is holding above the $86 level as traders await a key decision from the SEC on Canary Capital’s bid to list a spot LTC ETF.

The regulator is due to make a decision on May 5, and with Bloomberg analysts giving a 90% approval probability, it makes Litecoin the leading candidate among altcoin ETFs in terms of approval chances.

Three separate ETF proposals are currently on the agenda for the SEC.

Litecoin price traders will also be watching for any new developments on the broader market.

Stellar Lumens Price Breakout Targets $1.29 As XLM Reaches $0.40 Resistance

The Stellar Lumens (XLM) price breakout narrative is heating up further as the token approaches the $0.40 resistance zone.

Chart analysis indicates that Stellar price is currently forming a virtual rounding bottom pattern, a bullish technical structure that has historically signaled the beginning of larger price rallies.

A breakout of the $0.40-$0.42 overhead resistance band, preferably with increased trading volume, could propel XLM towards the next resistance at $0.50. Further upside price targets include $0.68 and a more distant level at $1.29. The $1.29 price target is supported by prior market cycles and Fibonacci extensions from the March 2023 low.

On the downside, traders are monitoring the $0.26 support zone, which aligns with the 50, 100, and 200-day exponential moving averages (EMAs). A break below this level could negate the bullish outlook and signal a continuation of the bear market.

Institutions are also showing interest in Stellar. Financial giant Franklin Templeton, which manages over $1.7 trillion in assets, is using Stellar’s blockchain network for its own tokenized credit offering. This highlights Stellar’s potential in revolutionizing financial services with its advanced technology.

The Stellar Development Foundation’s Q1 review, expected on May 7, will also be closely followed. Any significant updates on the Stellar ecosystem, such as new integrations, partnerships, or product launches, could serve as a catalyst for Stellar Lumens price.

Unstaked Is The Best Crypto Coin To Buy For Asymmetric Upside

While Stellar and Litecoin both offer interesting setups, Unstaked presents a fundamentally different opportunity: an early-stage entry into a token that is still valued at a fraction of what major coins were priced at in the early stages of the bull market.

Unstaked is currently in stage 3 of its presale, with tokens available for $0.00689. However, the confirmed launch price is set at $0.1819, presenting an upside potential of over 28x for early presale investors.

This huge upside potential at a time when capital is shifting into new markets has made Unstaked a hot topic among investors on the lookout for the best crypto coin to buy.

Unstaked is developing a groundbreaking blockchain platform infused with AI capabilities. The project is still in its presale phase, but it has already laid out clear timeframes for the launch of its mainnet and the integration of key functionalities.

This focus on execution aligns with the increasing demand for projects that can deliver on their promises.

In contrast to Litecoin (LTC) price traders focused on an ETF decision or Stellar (XLM) price breakout from a technical perspective, Unstaked is not reacting to a specific catalyst; it is building toward its own milestones.

With its low starting price and the high probability of reaching its price targets, Unstaked presents a compelling opportunity for investors seeking asymmetric returns.