Bitcoin (BTC) Soars to $77K: 3 Altcoin Must Buys with Unlimited Potential

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As a seasoned researcher with over two decades of experience in the dynamic world of finance and technology, I’ve witnessed countless market shifts and trends. The current bullish sentiment in the crypto market, particularly following Donald Trump’s victory, is a testament to the power of public perception and the influence of key figures in shaping market dynamics.

Ever since Donald Trump clinched the U.S. presidency, there’s been an upsurge of optimistic feelings in the market. In fact, not long after President-elect Trump solidified his win against Kamala Harris, Bitcoin (BTC) reached a record high.

Currently, the cryptocurrency market is experiencing an extraordinary surge in optimism, with prices skyrocketing. Bitcoin reached a record-breaking high of $77,252 and has maintained its strength to trade near $76,500. Similarly, altcoins have mirrored this upward trend, with Ethereum, the second largest cryptocurrency by market capitalization, breaching the significant $3,000 barrier.

Pauline Shangett, ChangeNOW CMO, commented on the market’s response to Trump’s victory.

Regardless of the election results, we anticipated a notable shift in the market dynamics for cryptocurrencies. With Trump expressing strong support for digital assets, there’s been an increase in interest and trust in them after his victory.

After the election outcomes, altcoins have significantly increased and are predicted to expand even more as we approach the Inauguration in January 2025.

Husky Inu (HINU)

Husky Inu ($HINU) is a fresh meme coin launched on the Solana network, aiming to make waves in the cryptocurrency market alongside heavyweights like Dogecoin (DOGE) and Shiba Inu (SHIB). The team behind this project intends to roll out an Earn App and a Decentralized Exchange (DEX). The Earn App will offer users HINU tokens as a reward for interacting with the platform, while the DEX will provide a platform for decentralized trading. This will not only boost the usefulness of HINU but also increase its value for holders.

The initial phase of the Husky Inu project’s pre-sale was incredibly successful, selling out in just a few days. The second stage of the pre-sale also quickly ran out of tokens, prompting the project to launch its third round of fundraising with much anticipation. At this moment, the Husky Inu presale has raised more than $478,000. The project’s reputation has grown due to its dedication to creating a dependable token ecosystem, which is ensured by a well-thought-out distribution model and a limited maximum supply. Husky Inu stands out from traditional investment opportunities thanks to distinctive characteristics such as a capped token supply, a deflationary mechanism, fast transactions, and the ability for users to vote on charitable causes.

Solana (SOL)

2024 finds Solana (SOL) as one of the most buzzworthy topics, boasting astonishing growth surpassing a remarkable 326%. This blockchain stands out for its distinctive features among any network and has emerged as the preferred choice for memecoin development. Its design allows it to handle a large number of transactions per second (TPS) at low fees, ensuring swift execution of trades, which is crucial given memecoins’ volatile nature. The community support that Solana has built is ideal for memecoins. Moreover, the blockchain offers top-notch development tools and resources, attracting developers to easily create and deploy new tokens. In the crypto sphere, Solana (SOL) has proven itself as a formidable contender, aiming to capture a significant portion of Ethereum’s (ETH) market share. After Trump’s victory, SOL reached its highest price since November 2021, peaking at $200 and becoming the fourth-largest cryptocurrency by market cap.

Dogecoin (DOGE)

Dogecoin (DOGE) continues to lead as the most well-known meme cryptocurrency, serving as an aspiration for all newcomers. Known as a meme coin, DOGE is undeniably mirroring Bitcoin’s upward trend, experiencing a 31% increase in the past week alone. Having started off as a joke within the crypto sector, Dogecoin has now established itself as a recognized name and promising investment option. The project’s success can be attributed to its dedicated community and immense potential for growth.

Elon Musk, the world’s richest man with an estimated net worth of $300 billion, CEO of Tesla, owner of social media platform X (formerly Twitter), and arguably Donald Trump’s biggest supporter, has long endorsed Dogecoin. Musk recently joined the Trump campaign and was integral in Trump’s victory, and Musk’s involvement with the republican party could see DOGE run to new highs in the coming months. Dogecoin is up by over 170% in the past year and is an excellent addition to any crypto portfolio. 

Twitter: Husky Inu Twitter

Telegram: Husky Inu Telegram

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2024-11-09 20:08