Cryptocurrency: Top 3 Safe Haven Coins To Invest In Before US Elections

Juhi Mirza
Coins with question marks holding bags of money
Image Source: Watcher Guru

The US elections are almost around the corner, aggressively impacting the crypto market momentum. The market is currently trending in green, with Bitcoin claiming a new price peak of $70K. As the current US elections are playing a key role in impacting significant crypto developments, a certain amount of market volatility is expected, which can be evaded if investors pivot towards these three coins.

Also Read: Dogecoin Outshines Top 100 Projects: DOGE To Hit A New Peak?

Top 3 Cryptocurrency Coins For Safe Returns

1. Bitcoin (BTC)

Bitcoin BTC
Source: Watcher.Guru

Bitcoin is deemed the ultimate safe haven asset. The token has broken a new record recently by soaring high on the radar to sit at a $72K price pedestal at press time. BTC played a crucial role in the current US political dynamics, with presidential candidate Trump vowing to make America a leading crypto hub if he becomes the next US president.

According to CoinCodex, Bitcoin may reach another record high of $94K by the end of November, making it a safe investment for the long haul.

Image: CoinCodex

“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 31.41% and reach $ 94,940 by November 29, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 69 (Greed). Bitcoin recorded 16/30 (53%) green days with 4.60% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.”

2. Solana (SOL)

Solana
Source – Coinpedia

Solana, or SOL, is another leading cryptocurrency that one must invest in to ensure stable returns. The SOL ecosystem continues to expand as it welcomes new meme coins daily. At the same time, Solana has lately been outpacing major chains in various new metrics, be it net inflow volumes or DEX volume-centric numbers.

According to CoinCodex, Solana may surge by 13% to claim a new price spot of $203 by the end of next month. This makes it a safe coin for future investments.

Image: CoinCodex

“According to our current Solana price prediction, the price of Solana is predicted to rise by 13.29% and reach $203.51 by November 28, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 69 (greed). Solana recorded 16/30 (53%) green days with 7.29% price volatility over the last 30 days. Based on the Solana forecast, it’s now a good time to buy Solana.”

Also Read: US Economy May Briefly Collapse If Trump-Musk Duo Comes Into Action

3. Binance Coin (BNB)

BINANCE COIN
Source – CoinGape

Binance Coin, or BNB, is another promising cryptocurrency boasting its stellar services to leverage. BNB is the native token of the Binance smart chain. It is used exclusively to perform various functions on Binance, including payment of transaction fees, trading, and in-store payments. It is presently trading at $601.

According to CoinCodex, BNB may experience a sharp price spike by next month, which could cause the token to surge 19%.

Image: CoinCodex

“According to our current Binance Coin price prediction, the price of Binance Coin is predicted to rise by 19.59% and reach $718.72 by November 29, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 69 (greed). Binance Coin recorded 17/30 (57%) green days with 2.75% price volatility over the last 30 days. Based on the Binance Coin forecast, it’s now a good time to buy Binance Coin.”

Also Read: Trump’s Election Impact: Bitcoin Price Predictions from Top Analysts