The US election has enormously affected the crypto industry as Bitcoin (BTC) and major altcoins reach new highs. BTC reached an ATH of $75,361 as Donald Trump became the president-elect.
Markets are having an extremely bullish day after former president Donal Trump was elected the next president of the United States. Bitcoin reached a new all-time high, while numerous altcoins followed a similar trajectory. ChangeNOW CMO Pauline Shangett commented on the market’s performance.
“Market sentiment has turned extremely bullish as Donald Trump comes out victorious. Bitcoin (BTC) reached a new ATH, and we might see BTC reach the $80,000 level if this incredible sentiment continues.”
Let’s look at top Bitcoin alternatives expected to surge if the current market sentiment prevails.
Dogecoin (DOGE)
Dogecoin (DOGE) remains the top memecoin by market cap and is the project all newcomers strive to be. The memecoin is undoubtedly following BTC’s upward momentum, gaining over 9% over the past day and over 14% in the past week. DOGE, the 8th biggest crypto by market cap, quickly rose after a humble beginning and is now a household name in the crypto industry. The project owes its success to a strong community and endless opportunities. DOGE began its journey in the industry as a joke but has transitioned into a legitimate investment opportunity with excellent profit potential. Dogecoin gained over 163% in the past year and is a fantastic addition to any crypto portfolio.
Floki Inu (FLOKI)
Floki Inu (FLOKI) initially came to market to celebrate the meme culture, quickly rising through the ranks to become a serious investment contender. The project owes its success to a very active community and innovative marketing campaigns, allowing it to expand its utility. Floki Inu recently became a fully functional Web 3 service provider housing a range of Web 3 features. With its expansion, the Floki ecosystem now houses a range of Web 3 ventures, including TokenFi for NFT and asset tokenization, a P2E metaverse, a staking dApp, and a Decentralized Finance (DeFi) marketplace. Market conditions are very favourable for Floki Inu. After a significant price drop in the past few months, Floki Inu appears ready for a recovery. Floki Inu gained over 7% in the past day.
POPCAT (POPCAT)
POPCAT is a recent addition to the crypto landscape, aiming to breathe new life into a market facing challenges such as inactive wallets and volatility. POPCAT addresses common issues like pump-and-dump schemes and rug pulls by promoting transparency and security. Utilizing innovative blockchain technology, POPCAT seeks to provide fast and secure transactions. In the current market cycle, where investors search for promising opportunities, POPCAT is an attractive alternative investment option. Its potential to deliver significant returns makes it a coin of interest for those looking to explore new ventures in the digital asset space. POPCAT’s (POPCAT) market cap now exceeds $1.5 billion, and its price is up by almost 10% over the past month. POPCAT’s recent performance shows its bullish sentiment and indicates the momentum will likely continue. The memecoin’s success as the first-ever cat-themed project demonstrates that meme culture, backed by strong community support, can propel projects to the top of the market.
Husky Inu (HINU)
Husky Inu ($HINU) is a newly launched Solana-based memecoin that quickly made its mark within the crypto space, positioning it as a worthy opponent to best friend Shiba Inu (SHIB). The project’s recently launched presale has gone very well, with the first stage selling out within days. The second stage of its presale sold out, and the project is undertaking its third fundraising round with great enthusiasm.
At the time of writing, the $HINU presale raised over $473,000. Husky Inu (HINU) and its native token were designed to improve utility and value for its holders by harnessing the power of the Solana ecosystem. The project aims to conquer the industry to create a robust and supportive community with improved features and rewards. The project made a name for itself thanks to its commitment to a reliable token ecosystem. It achieves this through a carefully designed distribution model and capped maximum supply. Husky Inu boasts several unique features that set it apart from traditional investment opportunities, including a capped token supply, a deflationary mechanism, speedy transactions, and charity voting. It is, of course, still an early investment opportunity, meaning a small investment today could have you in the riches soon.
Visit the following links for more information on Husky Inu:
Website: Husky Inu Official Website
Twitter: Husky Inu Twitter
Telegram: Husky Inu Telegram
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
