Two positive factors have materialized: Trump's election victory, and the November rate cut
From the current situation, the future price trend of cryptocurrencies is influenced by various factors. On the one hand, the macroeconomic situation has created favorable conditions for the rise in cryptocurrency prices.
The Federal Reserve cut interest rates by 25 basis points as expected, and at the same time, the Bank of England also announced a 25 basis point rate cut, further releasing macroeconomic liquidity
Stablecoins, as the most direct indicator of liquidity in the cryptocurrency market, their growth in liquidity is often accompanied by a rise in cryptocurrency prices. The recent positive trend in stablecoin liquidity suggests that cryptocurrencies have the momentum to rise.
$BTC, after entering the price discovery phase, its price has experienced a sharp rise in the short term and then entered a relatively stable consolidation phase. 7.2 BTC looks expensive, 7.6 BTC looks even more expensive, but this may just be the starting point of the second half of the bull market.
After the rate cut last night, the increase in BTC's price did not reach a very high level, but Ethereum performed more strongly, with the price already above $2,900.
Once Ethereum successfully breaks through $3,000, Altcoins will most likely enter a broad-based rally mode, with gains of at least 30%.
Looking at SOL, it is about to break through $200. For those who are fully invested, they may only need three days to go from constant torment to feeling completely happy every day (this is the origin of the crypto saying "one day in the real world is one year in the crypto world").
With Trump's election, when will Altcoins other than BTC experience a surge?
The key is the pace of the Federal Reserve's rate cuts, after Trump took office, rate cuts will become the norm.
The flow of funds will become faster and faster, first from the Federal Reserve to the US stock market, then to BTC, then to Ethereum, and finally to Altcoins. When the global economy enters a low-interest rate environment and it is no longer possible to passively earn risk-free returns, the risk appetite of capital will increase, and at that time, Altcoins led by Ethereum will usher in a true spring.
3 high-potential dark horse Altcoins that are expected to surge 10-20 times in the next bull market
PENDLE
Market cap: $884 million
24-hour trading volume: $222 million
Pendle Finance is a DeFi protocol built on Ethereum, Arbitrum and Avalanche that can tokenize and trade future earnings.
The LSD track that Pendle Finance is in has a broad prospect, and the community is optimistic about the market size reaching the hundreds of billions. A project that can grow tenfold in half a year even in a bear market and has received so much positive attention is absolutely not to be underestimated in the next bull market, leaving a lot of room for imagination for users, and is worth paying attention to.
Pendle has also broken out in the past few days, and the current price is slightly high, so there is no rush to enter the market!
SOL
Market cap: $93.847 billion
24-hour trading volume: $6.357 billion
SOL is the consort of BTC, and from its recent performance, it has already gained BTC's favor. It is also the MEME king, gathering the money of retail investors, hot money, and money laundering into one, without being affected by MEME prices.
SOL has the characteristic of high throughput, capable of processing tens of thousands to hundreds of thousands of transactions per second, and its gas fees are truly low compared to BTC and ETH, and the confirmation speed is also fast, basically not afraid of being intercepted. Its footprints can be seen in all areas such as NFTs, on-chain memes, Blink, etc., which shows that many institutions are still very interested in Solana and are full of confidence in its potential.
As long as there are crypto-friendly policies after the election, given Solana's potential advantages, as the election results shape the crypto landscape, Solana may usher in a huge surge, with the possibility of a four-digit increase.
XRP
Market cap: $31.384 billion
24-hour trading volume: $1.426 billion
When it comes to faster and cheaper cross-border payments, XRP is the leader.
XRP can help banks and financial institutions remit money quickly.
Most importantly, XRP can reduce many of the hassles and costs commonly found in traditional transfers.
XRP's potential in the global payments field is highly regarded.
If the post-election environment brings a positive regulatory environment, XRP's price could rise 50% or more, and if the regulatory hurdles to using XRP for payments are removed, it is more likely to surge 100X directly.
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