With Trump's government set to take office next month, investors are actively looking for digital currencies expected to appreciate significantly, aiming for at least a tenfold return on investment. In this context, cryptocurrencies closely related to Trump and his policies have undoubtedly become the market focus.
DOGE (Dogecoin)
Undoubtedly an indispensable part of the portfolio. Although the current price has risen to $0.43, considering Musk's firm support for Dogecoin—he even changed the English abbreviation of the newly established government department to D.O.G.E. to express his affection for this cryptocurrency—we have reason to believe that Dogecoin's market prospects remain broad.
Currently, the Dogecoin market is active, with strong liquidity and relatively stable prices. It is expected that with Trump's government taking office, Dogecoin may experience explosive growth, and investors should closely monitor its market dynamics.
PNUT (Squirrel Coin)
More suitable for long-term holding. During the election period, the close association of Squirrel Coin with Trump led to a 400% price surge in a short time, a rise that remains unmatched to this day.
Although the current price is around $1.39 with relatively small fluctuations, considering that topics and trends related to Trump will surely resurface after his inauguration, Squirrel Coin is expected to experience a second wave of upward momentum. For PNUT, investors can adopt a strategy of buying more as the price drops, aiming for a surprise return next month.
PEPE
Not only is it a popular meme coin, but it also has practical application value. PEPE shows tremendous potential in decentralized finance projects or NFT platforms.
Similar to how Shiba Inu created the ShibaSwap ecosystem, PEPE is also expected to build its own ecosystem, further enhancing its utility and market value. Although it may not be the best time to accumulate positions, PEPE still has tenfold appreciation potential. I will continue to monitor its market dynamics and provide investment advice when the time is right.
Major Good News for XRP is Coming!
Major Good News for XRP! Selling at these times could lead to significant losses! If you sold XRP during these times, you might really suffer a big loss: The newly appointed SEC chairman is quite open to cryptocurrencies and has decided not to appeal against XRP.
When Trump was about to take office, the U.S. might exempt cryptocurrencies from taxes, which would cause demand for XRP to soar. Also, the XRP ETF has not yet been launched; once it does, the market will surely undergo significant changes. Ripple's stablecoin is also still under development. You see, before January 1st, XRP was already extremely popular in Japan, and the rest of Asia will likely follow.
Currently, XRP has not yet gained global popularity, but once it does, the price will surely surge.
You know, if you sold XRP before these good news appeared, that would be a huge loss!
You have to know that XRP is going to rewrite the financial industry. Trump wants American companies to benefit, and Ripple's technology is set to surpass the expensive and slow Swift in Europe.
Looking at it this way, do you feel like you sold too early and lost a lot?
Additionally, I plan to position myself again with a small dog coin related to Musk called puppies. As a potential coin on the Ethereum chain, puppies are expected to appreciate by 30% in the short term. Meanwhile, I have also noticed some potential coins that could appreciate by 50-100 times by the end of the year. If you are interested, feel free to consult me anytime to seize investment opportunities and achieve profit goals.
Key Points for Bottom Fishing and Top Escaping in Cryptocurrency Market:
Relationship Between Trading Volume and Price: When the price of a cryptocurrency rises and then retraces, if the trading volume does not show a significant decrease, it indicates that market enthusiasm remains high, and the price may continue to rise.
On the contrary, if the price reaches a new high but trading volume decreases, one should be cautious as a top may be approaching.
Judgment When Hovering at Low Levels: When the price of a cryptocurrency stays at a low level for an extended period, do not rush to enter the market. Observe if a second bottom test occurs, followed by a swift rebound. If the reversal is successful, it is a good time to enter.
Signals of Bottom Rebound: If the price hovers at the bottom for a while and then suddenly surges and retreats, there is no need to chase the high immediately. When the price rises again, it may indicate that a strong market trend is about to emerge.
Consolidation After a Rise: If the price of a cryptocurrency rises continuously and then begins to consolidate with decreasing volatility, one should be cautious as this may be a signal of market manipulation, and risks are accumulating.
At this time, it is essential to set stop-loss points to prevent being trapped.
