đđ 2 Undervalued Altcoins to Buy After Bitcoin Price Explodes
#XRP (#XRP)
$XRP has largely been sidelined from this yearâs Q1 crypto bull rally, currently down nearly 25% over the past year and 86% from its all-time high. However, it is unlikely that one of the most popular and 7th largest cryptocurrencies on the market will not reach its all-time high this bull cycle. Experts believe that the XRP price breaking out isnât a matter of if but when. XRP is also expected to benefit significantly from a Trump presidency. Judge Analisa Torres has already ruled that XRP is not a security and that Rippleâs programmatic sales did not violate the Securities Act. While the SEC could technically appeal Torresâ ruling, the likelihood decreases significantly under Donald Trumpâs pro-crypto presidency. With Trumpâs prospects improving after his failed assassination attempt, XRP could emerge as one of the top-performing cryptocurrencies in the coming months.
#Dogecoin (#DOGE)
Meme coins have been the most in-demand assets during this bull cycle. However, the market leader $DOGE is down 83% from its all-time high. Experts believe this could change in the second leg of the crypto bull market, with analysts confident that Dogecoin will reach $1 this bull cycle. If this Doge price prediction comes true, it could mean over 8x returns for investors buying the meme coin today. Dogecoin is another undervalued altcoin that could benefit tremendously from a Trump presidency. The worldâs richest man Elon Musk has endorsed Donald Trump after his assassination attempt. Reports earlier this year also revealed that the two discussed the possibility of Musk having an advisory role in Trumpâs administration.
Considering that Dogecoin is Muskâs favorite crypto, expect it to break out as Trump becomes increasingly favored to win his White House bid.