This week, the Bitcoin price railed to a new high of $77,000 following Donald Trump’s Victory in the U.S. presidential election. While the recovery momentum boosted most major cryptocurrencies, investors can consider these three altcoins to buy with the potential to develop higher gains than Bitcoin.
3 Altcoins to Buy for Higher Returns Than Bitcoin After the 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.
Altcoins to buy- Dogecoin (DOGE)
Dogecoin, the dog-themed meme cryptocurrency, stands at the top of our list of altcoins to buy due to its potential for a major reversal. As the market prepares for the post-election rally, DOGE could gain higher momentum as Donald Trump’s proposed Department of Government Efficiency (DOGE) could see further development.
By press time, the Dogecoin price prediction showed a trading value of $0.197 with a market cap of $28.8 billion.
In the last two months, the DOGE price showcased an aggressive rally from $0.088 to $0.197, accounting for a 122% surge. An analysis of daily data shows this recovery as 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 suitable momentum to drive high-momentum rallies.
Tradingview chart shows the MAGA coin trades at $2.04, seeking support at the $1.67 horizontal level. A potential reversal from this bottom support could develop a famous bullish reversal pattern, such as a double bottom pattern.
Under the pattern influence, the TRUMP price could drive a recovery trend beyond $10.
Aureal One (DLUME)
Aureal One is an emerging blockchain for next-generation Web3 gaming and metaverse projects. It outpaces crucial blockchain challenges with near-zero transaction costs and rapid processing speeds to provide a seamless gaming experience.
DLUME is the native cryptocurrency of the Aureal One network, facilitating transactions with the ecosystem and serving as an in-game currency. The platform’s presale has garnered significant attention, raising over $100,000 shortly after launch, indicating strong market interest.
Users can acquire 2,000 DLUME tokens per Dollar during this presale, providing accessibility to early supporters. With Aureal One’s flagship projects like the DarkLume Metaverse and Clash of Tiles game gaining traction, this altcoin shows the potential to outperform major cryptocurrencies.
Conclusion:
While Bitcoin remains a safe haven for investors, Dogecoin, MAGA, and Aurealone are emerging altcoins to buy for a post-election rally.
The post 3 Altcoins to Buy for Bigger Gains Than Bitcoin in Post-Election Rally appeared first on CoinGape.
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