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Trump is about to take office, and five types of cryptocurrencies may be pre-configured and waiting for the right time
With only a few days left before Trump's official inauguration, targeting the following five types of cryptocurrencies in advance may pave a path to wealth freedom for investors, but investment must be cautious to avoid a loss in the end.
The first to mention is Dogecoin ($DOGE), which is currently priced at $0.32. Thanks to Musk's strong support and the coincidence with the abbreviation of the "Department of Efficient Government (D.O.G.E)" established by the new government, Dogecoin has become the focus of market attention. It has good liquidity and trading volume, and the market trend is stable. Some people predict that the price of Dogecoin is expected to rise sharply this month, and next month may usher in a real outbreak period.
Next is Squirrel Coin ($PNUT), currently priced at $0.54. Looking back at Trump's last campaign, Squirrel Coin achieved an astonishing 400% increase in just two days. Although its current price fluctuations are relatively small, some predict that Squirrel Coin will regain its vitality after Trump takes office. Investors are advised to increase their positions moderately when the price is low. Of course, they should also be wary of the risk of it falling into a long-term downturn.
In addition, the Internet celebrity coin PEPE has also attracted widespread attention from investors. In the two hot fields of DeFi and NFT, PEPE has shown great potential, and some people have high expectations for its future appreciation of 10 times. However, the best time to buy has not yet been determined, and when to enter the market depends more on market opportunities.
XRP also performed well during Trump's last campaign, and its price once climbed to a record high of $2.9. Therefore, some people speculate that Trump may promote XRP as a means of payment after taking office, which will cause the price to soar again.
There is also ρꪊρρⅈꫀડ on the Ethereum chain. This cryptocurrency is considered to be the next SHIB, which deserves proper attention and layout by investors.
It should be emphasized that after Trump took office, the hype in the cryptocurrency market is not a foolproof way to make money. The market risks are unpredictable. Investors must keep a clear head when making decisions and must not be blinded by the fantasy of getting rich overnight. #非农数据大幅超出预期