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3 Underperforming Coins to Stack and Get 2x Gains
The cryptocurrency market is known for its volatility. While it may take some time to identify hidden gems that can yield modest returns, it is crucial to conduct your own research before diving deep into the world of cryptocurrencies. This season, we noticed a few tokens that were showing a slow price stride. Despite the token’s slow price path, these coins are good enough to yield decent gains. Here are our top three cryptocurrency recommendations that can help you acquire 2x gains in no time.
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3 Underperforming Coins to Explore This Season
Cryptocurrency #1- Dogecoin
Dogecoin has been portraying a rather slow price pace this season, failing to deliver stellar increases for the masses to rejoice over. Doge’s underperformance, however, could be a blessing for many in the future. Several analysts have predicted a bullish price run for Doge, which could push its price to a new high.
According to Currency codeDoge may reach $0.478043 by the end of 2024.
Dogecoin is forecast to trade within a range of $0.092409 and $0.478043. If it hits the upper price target, DOGE could surge by 336.06% and reach $0.478043.”
Cryptocurrency #2- XRP
XRP has also shown a slow price momentum throughout this season. The token is still deeply embroiled in the US SEC legal war, adding more pressure to the token’s prestige. However, this crucial dynamic has not yet impacted Ripple, XRP’s parent company. The company is leaving no stone unturned to support XRP at all costs. The company is launching a Ripple stablecoin soon.
According to Currency codeXRP could hit the $2 mark by the end of 2024.
“XRP is forecast to trade within a range of $0.277756 and $1.374203. If it hits the upper price target, XRP could surge by 208.45% and reach $1.374203.
Cryptocurrency #3- Cardano
Cardano is another cryptocurrency that has adopted a slow price path this season. The token is set to adopt new governance functionalities soon, integrating its widely anticipated Chang Hard Fork upgrade.
Read too: Cryptocurrency: 3 coins that every new investor needs to keep an eye on?
Per Currency codeADA could surpass the $1.60 mark by the end of 2024.
“Cardano is forecast to trade within a range of $0.363024 and $1.607549. If it hits the upper price target, ADA could surge by 309.67% and reach $1.607549.”