Top 3 Cryptocurrencies That May Rally Over 300% Soon

The cryptocurrency market may be entering the early stages of another bull run. Bitcoin (BTC) has reclaimed the $85,000 price point after its recent dip to sub-$80,000 levels. The global crypto market cap has increased to $2.9 trillion. The crypto industry faced substantial barriers over the last month and a half. The clouds finally seem to be moving away.

Cryptocurrency Market Rises

The latest market resurgence is likely due to the Federal Reserve keeping interest rates unchanged. Investor confidence may have spiked as a result of the Fed’s decision. Inflation growth rate has also cooled in February. The Fed could introduce a rate cut very soon.

The rally could also be due to Paul Atkins taking over as the new SEC chair later this month. Atkins is expected to be pro-crypto and lenient, unlike his predecessor Gary Gensler.

Top 3 Cryptocurrencies That Could Rally By More Than 300%

1. Dogecoin (DOGE):

DOGE has experienced quite a price dip over the last month. Despite the correction, the meme cryptocurrency could be on its way up once again. According to CoinCodex, Doge could rise to $0.75 on Apr. 15. DOGE’s price will rally by about 341% if it hits the $0.75 target.

2. Pepe (PEPE):

PEPE is another meme cryptocurrency that has faced a steep correction over the last few months. The asset is predicted to hit a new all-time high of $0.00003518 on Apr. 27. PEPE’s price will rally by nearly 366% if it hits the $0.00003518 target.

3. Official Trump (TRUMP):

TRUMP was launched in January of this year. The cryptocurrency skyrocketed after US President Donald Trump’s inauguration. TRUMP has since faced a substantial price correction. CoinCodex predicts TRUMP will regain momentum soon. The platform anticipates the asset to rally by 379% to $54.17 in late April.