Cryptocurrency: 3 Underperformed Coins To Hoard For 2x Gains

Cryptocurrency: 3 Underperformed Coins To Hoard For 2x Gains

PENGY July 12, 2024, 1:02 am Facebook Twitter


The cryptocurrency market is known to display volatility. While it may take a while to identify the hidden gems that may deliver modest returns, it’s crucial to conduct your own research before diving deep into the world of crypto coins. This season, we have noted a few tokens that were portraying a sluggish price pace. Despite the token’s slow price path, these coins are good enough to deliver decent gains. Here are our top three crypto recommendations that may help you acquire 2x gains soon.

Also Read: Shiba Inu: Major New Update Could Send SHIB To $0.01

3 Underperforming Coins To Explore This Season

Three coins on stacks of money
Image Source: WatcherGuru

Cryptocurrency #1- Dogecoin

Dogecoin has portrayed a rather sluggish price pace this season, delivering no stellar hikes for the masses to rejoice in. Doge’s underperformance, however, can be a boon for many in the future. Several analysts have forecasted a bullish price run for Doge, which may push its price to a new high.

According to CoinCodex, Doge can hit $0.478043 by the end of 2024.

Dogecoin is forecasted to trade within a range of $ 0.092409 and $ 0.478043. If it reaches the upper price target, DOGE could increase by 336.06% and reach $ 0.478043.”

Cryptocurrency #2- XRP

XRP has also shown a slow price pace throughout this season. The token is still embroiled deep in the US SEC legal war, adding more pressure to the token’s prestige. Such crucial dynamics however are yet to impact Ripple, XRPs parent company. The firm is leaving no stone unturned to back XRP at all costs. The firm is launching a Ripple stablecoin soon.

As per CoinCodex, XRP may surge to claim the $2 price mark by the end of 2024.

“XRP is forecasted to trade within a range of $ 0.277756 and $ 1.374203. If it reaches the upper price target, XRP could increase by 208.45% and reach $ 1.374203.

Cryptocurrency #3- Cardano

Cardano is another crypto coin that has adopted a slow price path this season. The token is all set to embrace new governance functionalities soon, by integrating its widely anticipated Chang Hard Fork upgrade.

Also Read: Cryptocurrency: 3 Coins Every New Investor Needs To Keep An Eye On?

Per CoinCodex, ADA can breach the $1.60 price mark by the end of 2024.

“Cardano is forecasted to trade within a range of $ 0.363024 and $ 1.607549. If it reaches the upper price target, ADA could increase by 309.67% and reach $ 1.607549.”

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WARNING: The content on this site should not be considered investment advice. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence.

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