The cryptocurrency market might be gearing up for a rally in November 2024. The US Presidential election on Nov. 5, 2024, may have positive consequences for the market. Many analysts anticipate a market-wide rally if Donald Trump takes charge of the Oval Office due to his pro-crypto and pro-business policies.
đ¶Pepe (PEPE)
PEPE has performed incredibly well over the last year. Since its launch in April 2023, the cryptocurrency has gained quite a fan following. PEPE is currently down by nearly 48% from its all-time high of $0.00001717, which it attained in May of this year.
According to CoinCodex analysts, the frog-themed meme cryptocurrency could surge to a new all-time high of $0.00003088 on Nov. 25, 2024. Hitting $0.00003088 from current price levels will translate to a rally of about 242.3%.
đ¶Dogwifhat (WIF)
WIF is another memecoin that has witnessed stellar growth over the last year. The asset is currently down by nearly 50% from its all-time high of $4.83, which it attained in March of this year. The Solana-based meme cryptocurrency will enter a bullish leg in November 2024.
According to CoinCodex researchers, WIF could hit a new all-time high of $8.36 on Nov. 25, 2024. Hitting $8.36 from current price levels will translate to a rally of about 242.6%.
đ¶Popcat (POCAT)
POPCAT is another Solana-based meme cryptocurrency that may witness massive returns next month. The asset made a name for itself earlier in the year when its price skyrocketed. POPCAT is currently down by only 7.6% from its all-time high of $1.67, which it attained on Oct. 24, 2024.
The analysts at CoinCodex predict the cat-themed cryptocurrency will hit a new all-time high of $5.18 on Nov. 25, 2024. A rally of about 236.36% will result from hitting $5.18 from current price levels.
