š±šš2 Undervalued Altcoins to Buy After Bitcoin Price Explodes
$XRP has mostly been sidelined from this yearās Q1 crypto bull rally. In fact, it is down nearly 25% from over the past year and 86% from its all-time high.
However, it is extremely unlikely that one of the most popular and 7th largest cryptocurrencies on the market will not reach its all-time high this bull cycle. Consequently, experts believe that the XRP price breaking out isnāt a matter of it but when.
XRP is also expected to be one of the assets to benefit the most from a Trump presidency. Judge Analisa Torres has already ruled that XRP is not a security and that Rippleās programmatic sales did not violate the Securities Act.
While the SEC could technically appeal Torresā ruling, its likelihood decreases significantly under Donald Trumpās pro-crypto presidency.
With Trumpās chances taking a turn for the better after his failed assassination attempt, XRP could emerge as one of the top-performing cryptocurrencies in the coming months.
Meme coins have been the most in-demand assets during this bull cycle. However, the market leader $DOGE is down 83% from its all-time high.
Experts believe that this could change in the second leg of the crypto bull market. In fact, analysts remain confident that the Dogecoin price will reach $1 this bull cycle.
If this Doge price prediction pans out, this could mean over 8x returns for investors buying the meme coin today.
Dogecoin is another undervalued altcoin that could benefit tremendously from a Trump presidency. The worldās richest man Elon Musk has now endorsed Donald Trump after his assassination attempt. Reports earlier this year also revealed that the two discussed the possibility of Musk having an advisory role in Trumpās administration.
Considering that Dogecoin is Muskās favourite crypto, expect it to break out as Trump becomes increasingly favoured to win his White House bid.