The cryptocurrency world is undergoing an enigmatic shift, with Ripple’s win against the US SEC spurring a market overhaul. This has created an optimistic sentiment, particularly affecting coins like Ripple (XRP), Solana (SOL), and Shiba Inu (SHIB).
Considering the current market’s positive growth, here are the top three crypto coins to explore in August for potential 2x gains. These cryptocurrencies present intriguing opportunities in this evolving landscape.
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Top 3 Coins To Buy If Investors Wish To Secure 2x Gains In August
1. Ripple (XRP) – Crypto Lawsuit Champion
XRP is currently one of the most trending tokens in the crypto universe. The token has secured a remarkable win against the US SEC and is accessible from the shackles that accused XRP of being a security.
Now that the token is free to explore the lengths of the market, XRP may peak at a remarkably high pace, taking the market by utter surprise. The crypto has increased 20% in the last 24 hours, trading at $0.60.
According to CoinCodex, Ripple XRP may experience a significant price spike by the end of August, peaking at 20%.
“According to our current XRP price prediction, the price of XRP is predicted to rise by 20.75% and reach $0.745582 by September 7, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 20 (extreme fear). XRP recorded 19/30 (63%) green days with 10.37% price volatility over the last 30 days.”
2. Solana (SOL) – DeFi Crypto Powerhouse
Solana (SOL) is another crypto token forging new price paths in the market lately. The token has noted a sharp price jump and is trading at a price mark of $154.
Brazilian regulators have also given the token the green light to launch Solana ETFs, paving the way for another crypto to diversify in a global realm.
Solana is also expected to surge 14% by the end of August, claiming a new price level of $177.
“According to our current Solana price prediction. The price of Solana is predicted to rise by 14.65% and reach $177.79 by September 7, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 20 (extreme fear). Solana recorded 17/30 (57%) green days with 10.72% price volatility over the last 30 days.”
3. Shiba Inu (SHIB) – Meme Cryptocurrency Phenomenon
Shiba Inu is another crypto token that has lately attracted heavy attention worldwide. The token’s L2 scaling solution, Shibarium, has noted a spike in user sentiment, which may usher in a new era for SHIB enthusiasts.
At the same time, the crypto market is currently at the center of the US presidential elections, shifting investor sentiment toward exploring new realms of investment rapidly.
In addition, Shiba Inu dev lead Shytoski Kusama has hinted at making a new announcement that could catapult Shib to new heights.
According to CoinCodex, Shiba Inu is currently trading at $0.00001339. By mid-August, SHIB may surge to note a 59% spike in its price.
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“The Shiba Inu price forecast for the next 30 days is a projection based on the positive and negative trends. Based on these SHIB will be changing hands at $0.00002136 on August 15, 2024, gaining 59.16% in the process.”
