Top Crypto to Buy: The overall cryptocurrency market is experiencing significant selling pressure as the US government and Mt Gox have made notable moves on Bitcoin (BTC) in recent days. Amid this market downturn, top cryptocurrencies that have the potential to skyrocket in the coming days are trading at heavily discounted prices.
These top cryptos include Ripple’s native token XRP, Solana (SOL), Dogecoin (DOGE), and Dogwifhat (WIF).
XRP (XRP)
Ripple’s XRP is one of those top altcoins that has proven not to be a security and has also won a legal battle against the United States Securities and Exchange Commission (SEC). Moreover, Ripple’s previous announcement to tokenize gold on XRP Ledger suggests that XRP is akin to digital gold.
Currently, the price is trading around $0.566 and there are chances that it could rise significantly in the coming days (Altcoin season).
Solana (SOL)
Following the approval of the spot Ethereum Exchange Traded Fund (ETF) in the United States, investors and institutions believe that Solana could be the next cryptocurrency to be offered in ETF form in the coming days. However, experts are already predicting that SOL could reach $250 in the coming days, but it has the potential to rise even further due to the ETF speculation.
Currently trading around $140, SOL is also receiving a lot of support from the crypto community as its trading volume and open interest continue to increase.
Dog Wifhat (WIF)
WIF is one of the leading memecoins in the crypto meme industry and often mirrors SOL’s momentum. However, its all-time high is $4,733, which was recorded in March 2024 and has the potential to skyrocket once the altcoin season begins.
However, BitMEX co-founder Arthur Hayes is a fan of WIF and in the early days he predicted that WIF could reach $10 in the coming days. Currently, WIF is trading around $1.40.
Dogecoin (DOGE)
DOGE is the world’s largest meme coin in the crypto meme industry and is currently trading at a very discounted price. After a year of consolidation, it saw a price increase of over 120% in February 2024, but has since fallen by 52%.
However, it has the potential to skyrocket again in 2024. The current price action and technical analysis also indicate a buy signal.
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