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Altcoins will likely rally after Trump’s January 20th inauguration.
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Bitcoin has retested $92k levels and is down 3%.
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Experts say that now is the time to stack altcoins.
The crypto market is in a holding mode as January 20th, Donald Trump’s inauguration to the 47th presidency, approaches. Many of the top ten coins have fallen into the red. Some even recorded double-digit losses. Bitcoin has also fallen below the crucial $92k level and has dropped more than 3%.
Only a week remains before crypto executives begin to compete for coveted spots in Trump’s crypto advisory group. This group could include as many as 22 CEOs and founders. David Sacks is expected to be at the center of these efforts, taking on the role as chief technology officer and Crypto czar in the White House.
The Inaugural crypto ball will take place in Washington, D.C. on January 17th. This event promises to be an excellent networking opportunity. AltcoinBuzz says that now is the time to buy altcoins before they go up in price. Here are some top picks:
XRP: A Big Comeback
XRP is making a strong return, especially after Ripple won the long-running case with the SEC. This has increased interest in the coin. The new SEC chair will be more crypto-friendly, as Trump’s presidency is fast approaching. Analysts believe that XRP, currently priced at $2.46 could reach $10 in the near term.
Cardano (ADA): Back on Track
Cardano (ADA), another legacy coin, is also experiencing a new lease of life. Its connection to Trump’s crypto-plans is a key reason for its revival. Charles Hoskinson is joining Trump’s crypto advisory group, which could bring more attention to ADA. ADA is currently priced at 91cents and could soon reach new heights.
AI16Z: Merging Cryptography and AI
AI16Z is one of the rising stars in the crypto-world, leveraging the growing trend in artificial intelligence. This platform, originally a joke, is now one of the most talked about AI agents in the crypto space.
Chainlink (LINK), a leading blockchain Oracle
Chainlink (LINK), a popular crypto-world favorite, has been around for a long time. As a leading oracle, Chainlink plays a vital role in connecting blockchains with real-world data. Chainlink has a market capitalization 11 times greater than the next largest oracle project. LINK’s current price of $18.42 could easily increase to $30 or even more with recent developments. Trump’s DeFi Project has recently invested in LINK.
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