Bitcoin Returns to $100,000! Five Cryptocurrencies Worth Watching May Soar a Hundredfold!
In January next year, Trump is set to take office, and there are reports that he hopes Bitcoin can reach $150,000 during his early days in office. This may not be unfounded, as he previously suggested viewing Bitcoin as an asset.
Next, let’s take a look at four cryptocurrencies worth watching:
1. Shiba Inu (SHIB): Shiba Inu is not only a meme-inspired cryptocurrency but has also garnered widespread attention. It was launched in August 2020 by the anonymous creator Ryoshi, inspired by Dogecoin but aiming for independent development. It operates on the Ethereum blockchain, making it compatible with various decentralized applications.
2. Solana (SOL): Solana's trading price ranges between $219.27 and $251.07, showing a stable price trend. If it can break through the resistance level of $264.92, it may test $296.73. The recent support level is at $201.32, providing a buffer for declines. In the past month, Solana's price has risen by 8.63%, highlighting its growth potential.
3. Cardano (ADA): Cardano has recently shown a downward trend, with a weekly price change of -16.38%. The trading price ranges between $1.06 and $1.33, approaching the support level of $0.92. The RSI is at 34.27, indicating that the token is nearing oversold status. The MACD level is negative at -0.039, suggesting a potential continued decline.
4. Dogecoin (DOGE): Top analyst Ali Martinez recently reiterated his bullish forecast for Dogecoin in a tweet. He stated he would continue to buy on dips, predicting that Dogecoin's price may rise to $3 in the coming weeks. Charts show that this meme coin is in an upward channel.
Additionally, there is another meme coin worth noting - Puppies. Musk posted saying "I love puppies," focusing on the love and rescue of stray dogs. This meme coin is rapidly developing on the Ethereum network, with 15,950 holding addresses within 10 months, becoming the strongest Musk-themed concept coin on the Ethereum network. It is expected to become the next SHIB.