The cryptocurrency realm is currently awaiting the US election results, as polling has officially commenced across the nation. The internet is sharing a divisive stance, with the majority of the data favoring Trump. Here are our three cryptocurrency coin suggestions that one must stash if Trump wins the US elections.
Also Read: Can Dogecoin Surge to a High of 20 Cents in November 2024?
3 Cryptocurrency Coins To Purchase If Trump Wins
1. Bitcoin (BTC)
Source – Bitcoin.com
Bitcoin has been the biggest headliner of the ongoing US elections. Former US President Donald Trump was noted for making payments in Bitcoin and making statements on how Bitcoin is not threatening the US dollar. If Trump wins in the long haul, it can certainly help BTC soar to new highs, helping the token avail of a new price ATH very soon.
According to CoinCodex, BTC may soar and touch $91K by the end of November. The token is currently trading at $68K.
Image: CoinCodex
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 33.89% and reach $91,107 by December 5, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 69 (greed). Bitcoin recorded 14/30 (47%) green days with 4.66% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.“
2. Dogecoin (DOGE)
Source – Bitcoinist
Dogecoin is another leading cryptocurrency token that may surge significantly if Trump wins the US elections. The former US president has offered Elon Musk, aka the “dogefather,” a cabinet role involving budgeting and financing, which, if materialized, can catapult Doge to new heights.
According to CoinCodex, Dogecoin is currently at $0.16. CC shares that it may plummet by 13% to $0.14 by the end of next month. However, the numbers may significantly change if the US election results favor Trump in the long haul.
Image: CoinCodex
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -13.12% and reach $0.14133 by December 5, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 69 (greed). Dogecoin recorded 17/30 (57%) green days with 15.03% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
Also Read: De-Dollarization: These 5 ASEAN Nations May Soon Dump The US Dollar
3. Ethereum (ETH)
Ethereum is the second largest cryptocurrency by market cap and is closely linked to BTC. The ebb and flow documented in Bitcoin also affects the entire crypto market, including Ethereum. If Bitcoin soars after Trump’s possible win, Ethereum will also make significant price progress, making it a lucrative token with which to interact.
According to CoinCodex, Ethereum may surge by 7% to hit a new price mark of $2593 by the end of November 2024.
Image: CoinCodex
“According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 7.12% and reach $2,593.74 by December 5, 2024. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 69 (greed). Ethereum recorded 16/30 (53%) green days with 3.47% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a bad time to buy Ethereum.”
Also Read: 2 Stocks To Buy on U.S. Election Day
