Top Crypto to Buy: The overall cryptocurrency market is experiencing significant selling pressure as the US government and Mt Gox moved notable Bitcoin (BTC) in recent days. Amid this market downturn top cryptocurrencies that have the potential to skyrocket in the coming days are trading at very discounted prices.
These top crypto 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 itself not to be a security and also won a legal battle against the United States Securities and Exchange Commission (SEC). Moreover, Ripple’s earlier announcement to tokenize gold on XRP Ledger suggests that XRP is akin to digital gold.
Currently, it is trading near $0.566 and has the potential to skyrocket in the coming days (Altcoin season).
Solana (SOL)
After the approval of the spot Ethereum Exchange Traded Fund (ETF) in the United States, investors and institutions believe Solana could be the next cryptocurrency to be offered in ETF form in the coming days. However, experts already predicting that SOL could hit $250 in the coming days but it has the potential to surge even higher due to the ETF speculation.
Currently, SOL is trading near $140, and also getting strong support from the crypto community as its trading volume and open interest continue to increase.
Dogwifhat (WIF)
WIF is one of the leading meme coins in the crypto-meme industry, and often mirroring 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, Arthur Hayes the co-founder of BitMEX, is a fan of WIF and during the initial days, he predicted that WIF could hit $10 in the coming days. Currently, WIF is trading near $1.40.
Dogecoin (DOGE)
DOGE is the world’s biggest meme coin in the crypto-meme industry and currently trading at a very discounted price. After a year of consolidation, it saw a price surge of over 120% in February 2024, but since then, it has dropped 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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