search
Homeweb3.03 Altcoins to Buy for Higher Returns Than Bitcoin After the Election Rally

3 Altcoins to Buy for Higher Returns Than Bitcoin After the Election Rally

Nov 09, 2024 am 09:58 AM
BitcoinAltcoins Post-Election Rally

The cryptocurrency market has been buzzing following the recent U.S. presidential election, which saw Donald Trump secure victory as the 47th President of the United States. While Bitcoin dominates the market, savvy investors can consider top altcoins like Dogecoin (DOGE), MAGA (Trump), and Aurealone (DLUME) as they hold the potential to outshine BTC recovery.

3 Altcoins to Buy for Higher Returns Than Bitcoin After the Election Rally

The cryptocurrency market has been abuzz following the recent U.S. presidential election, which saw Donald Trump secure victory as the 47th President of the United States. While Bitcoin (BTC) price soared to a new record high following the announcement, savvy investors can capitalize on the market momentum by considering these three promising altcoins, which have the potential to outshine BTC’s recovery and generate higher gains.

3 Altcoins to Buy for Higher Returns Than Bitcoin After the Election Rally

As the cryptocurrency market prepares for the post-election rally, several altcoins are poised to benefit from the positive market sentiment and Trump’s policies. Among the top altcoins to consider for higher returns after the election rally are Dogecoin (DOGE), MAGA (Trump), and Aureal One (DLUME). Here's a closer look at each cryptocurrency and its potential.

Altcoins to buy- Dogecoin (DOGE)

Dogecoin (DOGE), the dog-themed meme cryptocurrency, stands at the top of our list of altcoins to buy due to its potential for a major price reversal. As the cryptocurrency market prepares for the post-election rally, DOGE could gain higher momentum as Donald Trump’s proposed Department of Government Efficiency (DOGE) may see further development.

At press time, Tradingview's price chart showed that Dogecoin is trading at $0.197, with a market capitalization of $28.8 billion. The cryptocurrency has displayed a strong recovery over the last two months, rallying from $0.088 to $0.197, marking a 122% increase.

An analysis of the daily data reveals this recovery in the form of a cup and handle pattern, with a potential breakout rally to push past $0.5.

MAGA (Trump)

“MAGA,” an acronym for “Make America Great Again,” originated as Donald Trump's 2016 presidential campaign slogan. As he becomes the 47th president, the Trump coin could gain significant traction and the necessary momentum to drive high-rallying price trends.

Tradingview's chart showed that the MAGA coin is trading at $2.04, seeking support at the $1.67 horizontal level. A potential reversal from this bottom support could develop a well-known bullish reversal pattern, such as a double bottom pattern.

Under the pattern's influence, the TRUMP price could drive a recovery trend beyond $10.

Aureal One (DLUME)

Aureal One is an up-and-coming blockchain designed for the next generation of Web3 gaming and metaverse projects. It overcomes crucial blockchain challenges with near-zero transaction costs and rapid processing speeds to offer a seamless gaming experience.

The native cryptocurrency of the Aureal One network is DLUME, which facilitates transactions within the ecosystem and serves as an in-game currency. The platform's presale has attracted significant interest, raising over $100,000 shortly after launch, indicating strong market demand for the token.

The above is the detailed content of 3 Altcoins to Buy for Higher Returns Than Bitcoin After the Election Rally. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Tokenized Treasuries Near $6B Milestone, Led by BlackRockTokenized Treasuries Near $6B Milestone, Led by BlackRockApr 19, 2025 am 11:44 AM

The value of blockchain-based U.S. Treasuries is closing in on a new milestone, with total holdings approaching $6 billion.

title: Canary Capital Is Launching a TRX-Tracking ETFtitle: Canary Capital Is Launching a TRX-Tracking ETFApr 19, 2025 am 11:42 AM

Canary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron's native token, TRX, according to a filing.

Solana Stablecoin Market Cap Hits Record $12.73 Billion as Sui Supply Reaches $800M with $60M InflowsSolana Stablecoin Market Cap Hits Record $12.73 Billion as Sui Supply Reaches $800M with $60M InflowsApr 19, 2025 am 11:40 AM

The stablecoin market has surpassed a total capitalization of $233 billion. Within this sector, Solana's stablecoins have reached a new all-time high market capitalization of $12.73 billion

Canary Capital Files for Staking TRX ETF, Targeting Launch Before Spot Bitcoin ETFsCanary Capital Files for Staking TRX ETF, Targeting Launch Before Spot Bitcoin ETFsApr 19, 2025 am 11:38 AM

Canary Capital is looking to get the U.S. Securities and Exchange Commission's sign-off for an exchange-traded fund that would track the Tron token TRX and has a staking component.

MoonPay CEO Ivan Soto-Wright calls on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoinsMoonPay CEO Ivan Soto-Wright calls on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoinsApr 19, 2025 am 11:36 AM

In an April 18 X post, Soto-Wright said he wanted Congress to “keep state-regulated issuers in the game” when it comes to stablecoin regulation, referencing efforts in the House of Representatives and Senate to create a federal regulatory framework.

Michael Saylor Dissects the Philosophy and Technological Potential of Bitcoin in '21 Truths of Bitcoin'Michael Saylor Dissects the Philosophy and Technological Potential of Bitcoin in '21 Truths of Bitcoin'Apr 19, 2025 am 11:34 AM

Saylor's ideas centre on the fixed 21 million coin supply of Bitcoin. He presents this shortage as a revolutionary economic idea rather than only a technical one.

Official Trump (TRUMP) memecoin unlocked 40 million tokens, worth around $300 millionOfficial Trump (TRUMP) memecoin unlocked 40 million tokens, worth around $300 millionApr 19, 2025 am 11:32 AM

The TRUMP memecoin has gained significant popularity on the Solana network primarily due to its direct affiliation with the U.S. President Donald Trump.

TRUMP (TRUMP) memecoin unlocks 40 million tokens, worth around $300 millionTRUMP (TRUMP) memecoin unlocks 40 million tokens, worth around $300 millionApr 19, 2025 am 11:30 AM

The TRUMP memecoin has gained significant popularity on the Solana network primarily due to its direct affiliation with the U.S. President Donald Trump.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

MantisBT

MantisBT

Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

VSCode Windows 64-bit Download

VSCode Windows 64-bit Download

A free and powerful IDE editor launched by Microsoft

SublimeText3 Linux new version

SublimeText3 Linux new version

SublimeText3 Linux latest version

SAP NetWeaver Server Adapter for Eclipse

SAP NetWeaver Server Adapter for Eclipse

Integrate Eclipse with SAP NetWeaver application server.

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools