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3 discounted cryptocurrencies to buy before Trump takes oath as President of the United States.
Before Mr. Trump takes office as President of the United States, there are three cryptocurrencies that are experiencing a significant decline and which you can consider buying:
1. Dogecoin (DOGE): This currency recorded a strong increase of up to 300% in 2024 thanks to the support of billionaire Elon Musk and the announcements related to the establishment of the Department of Government Efficiency (DOG) proposed by Mr. Trump. Musk's involvement in this group may lead to creating upward momentum for DOGE in the near future.
2. XRP: This currency is trading at around $1.40 and could grow strongly if Mr. Trump appoints a friendly position towards cryptocurrencies as the head of the U.S. Securities and Exchange Commission (SEC) after Gary Gensler's resignation in January 2025. Positive developments in the legal situation may lead to a rise in XRP price to around $3 by April 2025.
3. Cardano (ADA): The current price of ADA is about $0.96 and it can rise significantly following the installation of Trump, thanks to the attention to the decentralized aspects of the currency. Forecasts suggest that ADA could reach $3 by April 2024.
And these are the currencies that are likely to recover and grow after the elections, and investors can monitor them to make the right decisions.
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