After the election, do you hold altcoins that could increase by up to 100X?
Among them, four altcoins including SOL, DOGE, XRP, and ADA are worth paying attention to.
These 4 altcoins are vulnerable to post-election market sentiment swings and high-multiple gains
Let me take you to understand their potential for growth.
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🔳Tomorrow is the last day of the US election season. Changes in policies and cryptocurrency sentiment have been affecting the sharp fluctuations in altcoin prices, and ups and downs are even more common. Among them, SOL, DOGE, XRP, ADA and other 4 altcoins are the most worthy of our attention and ambush, because their main feature is that they are easy to benefit from them and skyrocket.
🔳In order to facilitate your deeper understanding, I briefly summarize these mainstream altcoins.
1/ Solana(SUN)
🔳SOL is the concubine of BTC. Judging from its recent performance, it has been deeply favored by BTC. It is also the king of MEME, driving the entire MEME circle without being affected by the price of MEME. It brings together retail investors' money, hot money, money laundering and other funds.
🔳SOL has the characteristics of high throughput, which can process tens to hundreds of thousands of transactions per second. Compared with BTC and ETH, its GAS is really low, and the confirmation speed is fast. It is not afraid of being intercepted at all. Basically, SOL has the shadow of NFT, Tugou, Blink and other fields. This shows that many institutions are still very interested in Solana, indicating that they are full of confidence in its potential.
🔳Summary: As long as there are pro-cryptocurrency policies after the US election, given the potential advantages of SOL, as the election results shape the cryptocurrency landscape, SOL may usher in huge gains. A rise of up to four digits is really not a big problem.
2/ Dogecoin (DOGE)
🔳DOGE is also known as Dogecoin. Although it started as a joke, Dogecoin has grown into a cryptocurrency with considerable market value. Unlike BTC or other tokens, Dogecoin has no hard cap, which means that Dogecoin can be mined indefinitely, and new Dogecoin can be mined through Dogecoin.
🔳Because it has the same advantages as SOL, such as fast transaction speed, low GAS and low usage threshold, it has been used for small payments and online rewards, and some merchants even accept Dogecoin as a payment method.
🔳Due to its strong community, it has always occupied a place in the market. I remember that before the New Year, Dogecoin was still hovering around 0.05, and with the continuous increase of BTC, Dogecoin has also stabilized at 0.15.
🔳Summary: Dogecoin is really one of the first choices for those who want to make a quick profit. It also changes based on the overall fluctuation of Bitcoin. If encryption regulations are introduced after the US election, Dogecoin is predicted to rise by 25% in the short term. With its strong community and ease of use, Dogecoin will rise by 100X and it is possible to achieve this.
3/ Ripple(XRP)
🔳Ripple, also known as XRP, is a digital currency and instant payment system created by Ripple Labs Inc. It focuses on enabling fast, low-cost cross-border money transfers, primarily targeting banks and financial institutions.
🔳Due to its characteristics that facilitate its use as a currency for transferring across borders, it can easily be used for red-line activities, but despite legal challenges, many institutions’ interest in XRP has not diminished, but has steadily increased, making it the number one contender in global finance.
🔳Summary: XRP has great potential in the global payment field in terms of international remittances. If the US election brings a positive regulatory environment, the price of XRP may rise by 50% or more, and if the regulatory barriers to XRP being used as payment are invalidated, it is more likely to soar 100X.
4/ Cardano(ADA)
🔳Cardano, also known as ADA, is a blockchain platform developed with future-proof sustainable blockchain technology, known for its science-driven approach and emphasis on sustainability.
🔳It stands out due to its commitment to environmentally friendly technology, with a strong focus on environmental sustainability and continuous upgrades, interoperability, and alignment with global regulatory frameworks to ensure transparency and compliance, so its market is stable.
🔳Summary: If the US election results support green technology, the price of ADA may rise by 20% in the short term. And as a token that values sustainability, especially in developing countries, it has always worked hard to promote its technology. In a market that is increasingly concerned about environmental impact, ADA's upside potential will make it reach 100X sooner or later.