The cryptocurrency sector is currently thriving, and the bullish momentum is very strong. This sector is also welcoming a fresh sense of investor sentiment as certain coins are currently transforming and stabilizing to deliver optimal results in the long run.
Certain coins are experiencing significant volatility, including encountering important processes such as retracement and price drops to ensure a breakout bullish rally in the short term. Below are three top coins that may explode in the near future.
3 Cryptocurrencies on Sale with Huge Profit Potential
1. Dogecoin (DOGE)
Dogecoin (Doge) is another top cryptocurrency that is trending upwards on the radar. This cryptocurrency favored by Elon Musk could achieve significant bullish momentum after Trump's official inauguration, as Musk and Vivek Ramaswamy will officially lead the DOGE department, taking Dogecoin to new price levels.
According to CoinCodex, Doge may undergo a retracement, only to then explode into an incredible bullish rally. The token could hit a new milestone of $1 by March 2025.
2. Ripple (XRP)
XRP is another top cryptocurrency to explore, as its price is currently stabilizing at $1.40. Ripple could accelerate due to Gensler's resignation as U.S. Secretary in January. This may drive a new search for the chairman of the U.S. SEC as Trump may want to recruit someone with a pro-crypto stance. At the same time, Gensler's resignation could also drive XRP's price, with the XRP-SEC lawsuit ending positively. According to CoinCodex, XRP's price is currently at $1.42 and could soar to $3 by April 2025.
3. Cardano (ADA)
Cardano (ADA) is currently at $0.96 after hitting the ambitious price milestone of $1. This token could soar dramatically considering the positive bullish momentum that ADA may enjoy when Trump officially assumes the role of president. With ADA's top decentralized aspects, this token is sure to reach a higher price trajectory. According to CoinCodex, ADA could soon reach a price of $3 by April 2024.
