The cryptocurrency domain is currently thriving, and the bull market momentum is running in full swing. The domain is also welcoming a renewed sense of investor sentiment as certain coins are now metabolizing and stabilizing to give optimized results in the long haul. Certain coins are undergoing massive upheavals, including encountering crucial processes such as retests and dips to ensure a breakout rally shortly. Here are the three leading coin dips that may explode in the near future.
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Three Cryptocurrency Coin Dips With Massive Profit Potential
1. Dogecoin (DOGE)
Source – Bitcoinist
Dogecoin (Doge) is another leading cryptocurrency that is currently trending high on the radar. The Elon Musk-favored crypto may gain significant price momentum after Trump’s official inauguration ceremony, as Musk and Vivek Ramaswamy will spearhead the DOGE department officially, taking Dogecoin to new price levels.
As per CoinCodex, Doge may undergo a retest, only to later break out into a stunning bullish rally. The token may hit the new mark of $1 by March 2025.
Image: CoinCodex
2. Ripple (XRP)
Source – Trackinsight
XRP is another leading cryptocurrency to explore, as its price is currently stable at $1.40. Ripple might gain momentum due to Gensler stepping down as the US secretary in January. This may prompt a new search for the US SEC chair as Trump may look forward to recruiting someone who possesses a pro-crypto stance. At the same time, Gensler’s resignation may also boost the XRP price, with the XRP-SEC lawsuit ending on a positive note.
Per CoinCodex, XRP is currently sitting at $1.42 and may surge to touch $3 by April 2025.
Image: CoinCodex
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3. Cardano (ADA)
Source – CoinGape
Cardano (ADA) is currently sitting at $0.96 after touching the ambitious price mark of $1. The token may surge spectacularly high considering the positive price momentum that ADA may bask in once Trump officially assumes the presidential role. With ADA’s top-notch decentralized aspects, the token is bound to hit a higher price trajectory.
Per CoinCodex, ADA may soon claim the $3 price mark by April 2024.
Image: CoinCodex
Also Read: BONK & Dogecoin (DOGE) Price Forecast For November End
