In the past week, Bitcoin experienced a significant pullback, dropping about 15% from its historical high of $108,300, with prices briefly falling to around $92,000. Currently, as market sentiment stabilizes, Bitcoin prices have recovered to around $96,000, entering a consolidation phase.

After several days of decline, altcoins have suffered significant losses, with many token prices even dropping to levels seen before October, erasing the 'Trump effect' surge that followed Trump's election as President of the United States. Nevertheless, with the Christmas holiday approaching, many believe that the 'Christmas crash' will further exacerbate the market downturn.

However, with 2025 approaching, a series of favorable events such as Trump's inauguration and the Bitcoin strategic reserve plan are poised to bring a new round of 'dawn moments' for the cryptocurrency industry.

Three must-buy altcoins before an explosion for a 10x return!!

1. DOT

Polkadot is an open-source sharded multi-chain protocol designed to connect and secure specialized blockchain networks. It supports cross-chain transfer of various data and assets (including tokens), facilitating blockchain interoperability. Polkadot aims to be the foundation of a decentralized internet for blockchains.

The platform supports the development of decentralized applications, institutions, and services, providing a user-controlled framework. Currently, Polkadot's price is $7.24, down 1.92% in the past 24 hours. Despite this, its trading price is still 13.35% higher than the 200-day simple moving average (SMA) of $6.17, indicating a stable upward trend in the long term.

At the same time, Polkadot also shows liquidity relative to its high market capitalization, which is a positive indicator for traders and investors. The relative strength index (RSI) over the past 14 days is 36.69, indicating a neutral stance and the possibility of short-term consolidation.

By the end of the year, Polkadot's trading price is expected to fall between $6.99 and $9.23, with an average price of $8.31 in December. Compared to the current price, this represents a 19% increase, providing potential returns for investors.

2. ENA

Ethena Labs recently partnered with World Liberty Financial (WLFI), which is a decentralized finance initiative supported by Trump. The focus of this collaboration is to enhance the liquidity of stablecoins while increasing user rewards on the WLFI platform. A key element of this collaboration is a governance proposal aimed at integrating Ethena's stablecoin sUSDe as the main collateral asset for WLFI's Aave-supported protocol.

Meanwhile, the native token of Ethena, ENA, has experienced price fluctuations. The current trading price of the ENA token is between $1.05 and $1.10, stabilizing around $1.04 after a brief drop.

This collaboration is likely to benefit both parties. Incorporating sUSDe as collateral may attract a broader user base to the WLFI ecosystem, thereby enhancing its liquidity. Additionally, it could drive demand for the Ethena stablecoin, potentially boosting market confidence and increasing the value of ENA. This collaboration marks a strategic step forward for both platforms in the DeFi space.

3. PEPE

Pepe coin is one of the largest and most iconic frog-themed meme tokens, continuing to make waves in the cryptocurrency market. As the third-largest meme coin by market capitalization, PEPE holds a unique position within the meme coin ecosystem.

Compared to Dogecoin and Shiba Inu, its market capitalization is relatively low, making it an attractive option for investors seeking higher potential returns, with realistic expectations of achieving 3x to 5x value growth.

The token has shown extraordinary resilience, reaching a historic high of $0.0000282, followed by a slight pullback and rebound from a key support level. This price trend indicates its potential for further upside, possibly re-testing its previous peak.

Additionally, Pepe coin benefits from a strong community and ongoing social media activity, including subtle support from influential figures like Musk, who has mentioned frog-themed memes multiple times.

As a relatively new participant in the meme coin market, PEPE has not previously experienced a bear market, so its long-term bottom price is uncertain. However, given its enormous growth potential and increasingly prominent position in the meme coin narrative, it remains a preferred choice for accumulation during market downturns.

4. BONK

Bonk (BONK) has become more than just a meme coin in the Solana ecosystem. The top meme coin has gained multiple use cases and even has exchange-traded products (ETPs).

At the same time, it is worth mentioning that the upcoming BONK token burn will destroy 1 trillion tokens. With the destruction of 1 trillion tokens approaching, the target price for this meme token is $0.11.