3 Coins That Are Dropping Before Trump's Inauguration

Before Trump is sworn in as US President, here are three notable cryptocurrencies that are dropping in price that you can consider buying:

1. Dogecoin (DOGE): This coin has recorded a strong increase of up to 300% in 2024 thanks to the support of billionaire Elon Musk and the announcements related to the establishment of the Department of Government Efficiency (DOG) proposed by Trump. Musk's involvement in this department could create bullish momentum for DOGE in the near future.

2. XRP: This coin is currently trading around $1.40 and could grow strongly if Trump appoints a crypto-friendly head of the US Securities and Exchange Commission (SEC) after Gary Gensler steps down in January 2025. Positive regulatory developments could boost XRP’s price to around $3 by April 2025.

3. Cardano (ADA): ADA is currently around $0.96 and could skyrocket in the wake of Trump’s inauguration, thanks to the interest in the decentralized aspects of the coin. Forecasts suggest that ADA could hit $3 by April 2024.

These are coins that are likely to recover and grow after the election, and investors can watch to make appropriate decisions.