The cryptocurrency market witnessed a healthy rally after Donald Trump’s victory in the US Presidential elections. Despite the gains, the market has turned around by the end of the year. Significant projects have lost drastic traction. Bitcoin (BTC) has fallen below $93,000, signaling a market-wide correction.
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Why Is The Cryptocurrency Market Falling?
The crypto market began its descent after inflation in the US went up to 2.7%. As a result of the increasing inflation figures, the Federal Reserve took a hawkish stance on its monetary policy. The Fed announced only two interest rate cuts in 2025 instead of three. This development may have spooked investors away from riskier assets like cryptocurrencies.
While the market is strolling to gain momentum, there is a high chance that things will change in 2025. President-elect Donald Trump aims to create a pro-crypto environment in the US. This move may lead to an extended bull run under his leadership.
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Top 3 Cryptocurrencies That Could Rally Over 100% In 2025
1. Ripple (XRP)
Ripple’s XRP token has had quite a year in 2024. The asset breached the $2 mark for the first time in nearly seven years. The ascent was likely due to the general bullishness in the market, aided by Ripple settling its lawsuit with the SEC.
According to CoinCodex, XRP will breach the $4 mark very soon. The platform anticipates the cryptocurrency to hit $4.39 on Mar. 17, 2025. Hitting $4.39 from current price levels will entail a rally of about 116%.
2. Cardano (ADA)
Cardano (ADA) is another cryptocurrency that experienced some healthy gains this year. ADA had struggled to gain momentum over the last few years.
According to CoinCodex, the 10th largest cryptocurrency will hit $2.24 on Mar. 12, 2025. Hitting $2.24 from current price levels will lead to a rally of about 166.67%.
3. Pepe (PEPE)
PEPE is one of the fastest-growing meme cryptocurrency projects in the market. The asset has quickly climbed into the top 30 projects by market cap.
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According to CoinCodex, PEPE will hit $0.00008436 on Feb. 7, 2025. Hitting $0.00008436 from current price levels will translate to a rally of about 349.6%.
