3 Falling Currencies to Buy Before Trump Is Inaugurated as US President
The cryptocurrency sector is currently thriving and the bullish momentum is strong. The sector is also welcoming a new sense of investor sentiment as certain coins are now transforming and stabilizing to deliver optimal results in the long run.
Certain cryptocurrencies are experiencing major volatility, including significant processes such as retesting lows to ensure a short-term breakout. Here are three cryptocurrencies with long-term upside potential.
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DOGE
Dogecoin (Doge) is another leading cryptocurrency that is currently trending high on the radar. This cryptocurrency, favored by Elon Musk, could achieve significant price momentum following 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 price surge. The token could hit a new mark of $1 by March 2025.
XRP
XRP is another leading cryptocurrency to explore, as its price is currently stable at $1.40. Ripple could accelerate due to Gensler's resignation as U.S. Secretary in January. This could drive a new search for the chair of the U.S. SEC as Trump might wish to recruit someone with a pro-cryptocurrency stance. At the same time, Gensler's resignation could also boost XRP's price, with the XRP-SEC lawsuit ending positively.
According to CoinCodex, XRP's price is currently at $1.42 and could surge to $3 by April 2025.
ADA
Cardano (ADA) is currently at $0.96 after hitting the ambitious price mark of $1. This token may skyrocket dramatically considering the positive price momentum that ADA could enjoy when Trump officially takes office as president. With ADA's top decentralized aspects, this token is sure to achieve a higher price trajectory.
According to CoinCodex, ADA could soon reach a price of $3 by April 2025.
