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3 Underperforming Coins to Accumulate for 2x Gains
The cryptocurrency market is known for its volatility. While it may take some time to identify hidden gems that could offer modest returns, it is essential to do your research before diving into the cryptocurrency world. This season, we have noticed a few tokens that were showing a slow price pace. Despite the slow price path of the token, these coins are good enough to offer decent returns. Here are our top three cryptocurrency recommendations that could help you acquire 2x returns soon.
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3 Underperforming Coins to Explore This Season
Cryptocurrency #1: Dogecoin
Dogecoin has shown a rather slow price pace this season, failing to deliver stellar gains to the delight of the masses. However, Doge’s underperformance may be a boon for many in the future. Several analysts have predicted a price rally for Doge, which could push its price to a new high.
Second Monetary codeDoge could reach $0.478043 by the end of 2024.
Dogecoin is expected to trade in a range of $0.092409 to $0.478043. If it hits the upper target price, DOGE could surge by 336.06% and reach $0.478043.”
Cryptocurrency #2: XRP
XRP has also shown a slow pace of price during this season. The token is still deeply involved in the legal war of the US SEC, adding further pressure to the token’s prestige. However, such crucial dynamics have yet to have an impact on Ripple, the parent company of XRP. The company is leaving no stone unturned to support XRP at all costs. The company will soon launch a Ripple stablecoin.
As per Monetary codeXRP could rise to $2 by the end of 2024.
“XRP is expected to trade in a range between $0.277756 and $1.374203. If it hits the upper target price, XRP could surge by 208.45% and reach $1.374203.
Cryptocurrency #3: Cardano
Cardano is another cryptocurrency that has taken a slow price path this season. The token is set to welcome new governance features soon, integrating its highly anticipated Chang Hard Fork update.
Read also: Cryptocurrency: 3 Coins Every New Investor Should Watch Out For?
For Monetary codeADA could surpass the $1.60 price point by the end of 2024.
“Cardano is expected to trade in a range between $0.363024 and $1.607549. If it hits the upper target price, ADA could increase by 309.67% and reach $1.607549.”