As the results of the US election on November 5 approach, we can see that if measured only by the total assets, Harris may be at a disadvantage because Trump, as a businessman, has the support of many wealthy people. However, when the election results are uncertain, we need to prepare for different scenarios:
1. As the main candidates, the election of Trump and Harris may have different impacts on the cryptocurrency circle, leading to different market trends.
2. If Trump is re-elected, the cryptocurrency market may see an upward trend, especially Dogecoin. This is due to Musk's support for Trump and the efficiency, security and decentralization of Dogecoin. These factors may give Dogecoin more development opportunities during Trump's term.
3. Conversely, if Harris is elected, the market may experience a significant correction.
BTC will break $100,000 by the end of the year! 4 mainstream altcoins may explode 20-100 times!
DOGE
Dogecoin (DOGE) has a promising future; it is the ancestor of meme coins. It’s only a matter of time before DOGE reaches $1. There’s no need to chase fake coins when there are real DOGEs. The ancestor of all meme coins is DOGE; DOGE is the Bitcoin of meme coins, the only POW meme coin, and the founder has cleared out the chips, achieving decentralization.
The U.S. elections officially begin on November 5. Recently, Musk has frequently voiced support for Trump and has fully committed to his side. If Trump is elected next week, both DOGE and Bitcoin may experience a breakout market; Musk is the whale of Dogecoin.
Pepe
Since the end of May, Pepe seems to have been caught in a downward spiral, with prices continuously declining. By September, it even fell below the critical support level of 0.0000065, and the current PEPE price shows obvious bearish characteristics.
From a technical analysis perspective, Pepe is currently in a symmetrical triangle formation, fluctuating near the support level. It's like a person standing at the edge of a cliff, at risk of slipping off at any moment.
Under the current circumstances, the probability of Pepe reversing the situation and turning bullish in the short term is negligible, and the price may still have room to decline further. After all, the technical indicators are like a dark cloud looming overhead, with bearish signals very apparent.
Although Pepe's current performance is disappointing, with the price hovering around 0.0000095 and technical indicators not being optimistic, for long-term holders, this might be a good opportunity to increase their holdings.
sol
Since the second half of last year, SOL has increased by 20 times, and regardless of Bitcoin's highs or lows, it remains strong, hovering around 200. Breaking new highs should be a matter of time. For nearly two months, various coins related to the SOL ecosystem have been soaring, such as JUP, FRONT, BOME, etc. Many people feel that this bull market is essentially SOL's bull market.
First, let's look at the creator of SOL, who is American, mainly competing with Ethereum, whose creator is Russian. In this market, BTC has almost no ecosystem and is an old relic; the ecosystem is basically built around public chains like ETH. To better capitalize on retail investors, American capital will definitely continue to support SOL and its ecosystem, so breaking new highs for SOL should be inevitable. Perhaps in the next bull market, its price might approach Ethereum, but it is certainly impossible to surpass Ethereum.
I even have a bold idea. Since it is a strong competitor to Ethereum, this bull market might reach 500, and in the next bull market, it could break 1000. We can view it similarly to Ethereum in 2019, and at lower levels, it might really be able to achieve several times the increase.
BOME
BOME is also the morning star of the MEME sector, skyrocketing 30 points in a single night, driving the entire MEME sector to take off. Currently, after breaking pressure, it is retracing but maintaining the trend without breaking, showing signs of continuing to challenge previous high daily trends.
Don't miss BOME, SOL is about to explode, the SOL ecosystem's meme coins are about to explode, led by BOME. Currently, its market cap is relatively low, and it feels like BOME will rise like ORDI did before, ultimately leading everyone to question their lives… Moreover, it seems that the market manipulation by BOME's backers is nearly over. Currently, it shows signs of a rebound after hitting support at a small level, and again indicates an upward breakthrough. Once it breaks the first high point, it should be on the verge of breaking through.
