Since President Donald Trump’s reelection, the crypto market has been nothing more than a wild ride. Cryptocurrency rose to an all-time high and then plummeted. This volatility makes investors unsure which digital currency they will invest in.
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However, these four cryptocurrencies show strong potential and are worth adding to your portfolio this April.
Bitcoin remains the king of indisputable codes. With the rise of institutional adoption to establish a strategic Bitcoin reserve and Trump’s executive order, Bitcoin is more than just a speculative investment. This clarity of regulations could unlock the wave of institutional capital and drive demand and long-term value for Bitcoin.
Another major green light to buy Bitcoin is the last one in mid-April 2024, half the cycle that occurs about every four years. This means that Bitcoin supply could continue to decline in the coming years and prices could rise.
With all these catalysts and current dips, there’s no longer time for investors to consider adding Bitcoin to their portfolio.
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Ethereum, the world’s second largest circular currency, has overturned more than 50% of its record high. Is it worth buying a dip? Support from the Trump administration is one of the main factors behind buying Ethereum.
“Like it or not, if the Trump administration can set fire to the cryptocurrency side of things, Ethereum could potentially be a major beneficiary and could see a significant increase in value,” said John Forard, CFP and co-founder of Crown Advisor. “It’s a slightly speculative play, but it’s worth a small allocation to see what happens.”
Solana’s current price is around $130, down nearly 30% last year, offering investors the opportunity to take risks and buy.
“Solana dominates decentralized exchange volumes, outperforming Ethereum, with potential ETFs pending for SEC approval. It’s a crypto-speaking giant with no plans to slow growth.”
And if Solana is detained by the US government in the National Cryptocurrency, this could be one of the catalysts to spike the value of the coin. Furthermore, the memecoin robbery that took place in mid-February could thwart Solana’s value, allowing them to open rooms for more serious projects and more serious projects in the growth segment, such as infrastructure for AI agents’ operations.