The cryptocurrency space is currently awaiting the results of the US election as voting has officially begun across the country. The internet is divided, with most data supporting Trump. Here are three cryptocurrencies we recommend as must-owns if Trump wins the US election.
3 Cryptocurrencies You Can Buy If Trump Wins
1. Bitcoin (BTC)
Bitcoin has been making the biggest headlines in the ongoing US election. Former US President Donald Trump is known for using Bitcoin for payments and making statements that Bitcoin does not threaten the US dollar. If Trump wins in the long term, this could certainly help BTC surge to new highs, helping the coin hit a new price ATH soon.
According to CoinCodex, BTC could surge and touch $91,000 by the end of November. The coin is currently trading at $68,000.
“According to our current Bitcoin price prediction, the price of Bitcoin is expected to rise by 33.89% to $91,107 by December 5, 2024. According to our technical indicators, the current sentiment is bullish, while the Fear and Greed Index shows a reading of 69 (Greed).
In the past 30 days, Bitcoin has been trending up 14/30 (47%) trading days with a price volatility of 4.66%. According to the Bitcoin forecast, now is a good time to buy Bitcoin. ”
2. Dogecoin (DOGE)
Dogecoin is another leading cryptocurrency that could see a significant increase in value if Trump wins the U.S. election. The former U.S. president has offered Elon Musk, aka “Dogecoin’s Father,” a cabinet position in charge of budget and financing, and if the offer goes through, Dogecoin could jump to new highs.
According to CoinCodex, Dogecoin is currently priced at $0.16. CC predicts that by the end of next month, the price of Dogecoin may fall by 13% to $0.14. However, if the results of the US election are in favor of Trump for a long time, the price of Dogecoin may change significantly.
“According to our current Dogecoin price prediction, the price of Dogecoin is expected to drop by -13.12% to $0.14133 by December 5, 2024. According to our technical indicators, the current market sentiment is bullish, while the Fear and Greed Index shows a reading of 69 (Greed).
In the past 30 days, Dogecoin has been trending upwards 17/30 (57%) days, with a price volatility of 15.03%. According to the Dogecoin prediction, now is a good time to buy Dogecoin.”
3. Ethereum (ETH)
Ethereum is the second-largest cryptocurrency by market cap and is closely correlated with Bitcoin. The rise and fall of Bitcoin will also affect the entire cryptocurrency market, including Ethereum. If Bitcoin surges after a possible Trump victory, the price of Ethereum will also rise significantly, making it a profitable coin.
According to CoinCodex forecasts, Ethereum could surge by 7% to a new price of $2,593 by the end of November 2024.
“According to our current Ethereum price prediction, Ethereum’s price is expected to increase by 7.12% to $2,593.74 by December 5, 2024.
According to our technical indicators, the current sentiment is bearish while the Fear & Greed Index shows 69 (Greed).
Ethereum recorded 16/30 (53%) green days in the past 30 days, with a price volatility of 3.47%.
According to Ethereum predictions, now is not a good time to buy Ethereum.”
