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List of Strong Altcoins To Make Heavy Profits Ahead of Elections

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By on July 24, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post List of Strong Altcoins To Make Heavy Profits Ahead of Elections appeared first on Coinpedia Fintech News

In a whirlwind week of political drama and market turmoil, cryptocurrency analyst Ellio Trades took to his latest analysis and said that now is the time to invest in crypto, with the possibility of substantial gains if Trump wins the election. The analyst believes that Trump’s potential victory could trigger a major rally in Bitcoin, potentially pushing its price well beyond $100,000, and even up to $200,000 during his term. 

Despite the noise and volatility, the underlying fundamentals of Bitcoin and other cryptocurrencies remain strong. The analyst also said that while both major political parties have their shortcomings, the current environment presents a unique opportunity for crypto investors. 

Solana (SOL) has caught the analyst’s attention for its bullish outlook. Having achieved impressive returns from other investments, including meme coins, low-cap gaming coins, and AI tokens, many investors are now reallocating their gains into Solana. He expects a major surge in its value later in the market cycle, driven by a potential blowoff top.

For meme coin fans, Dogecoin (DOGE) is a popular choice, but I’m particularly interested in Pepe (PEPE). Pepe is a major player in the meme world and could see big gains. Another meme coin to watch is MOG. It’s gaining traction and has a strong community behind it.

AI tokens are also buzzing right now. They’re like meme coins with a twist—high potential but also uncertain long-term value. The analyst is invested in projects like AOS and Destra Network, which have exciting prospects. He advised that if AI tokens take off, consider taking profits and reinvesting in stable assets like Solana. 

Neural AI is another exciting pick. Its price jumped from $1 to $5 recently, thanks to its innovative tech that helps convert text into 3D objects—a great fit for gaming. He thinks it could reach a market cap of $100 to $300 million.

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