As the new year approaches, the industry’s representative asset remains above Bitcoin’s $43,000 price threshold. Excitement is building in the market, with altcoins mostly following suit. Crypto expert Ana Zirojevic has chosen 3 altcoins that she predicts will offer great opportunities in the new year if investors are inclined to spend their money not only on champagne and fireworks, but also on crypto assets with great potential.
First on the list is Shiba Inu (SHIB)!
Shiba Inu (SHIB) has recently made a breakout, according to analysis by analyst, Jake Wujastyk. Thus, it has witnessed a significant increase in trading volume in recent days. In this way, it has become another major ‘dog coin’ joining the broader crypto rally.
Meanwhile, the Shiba Inu was changing hands for 0.000009957 as of press time. The altcoin recorded an increase of 4.26% on the day. Additionally, the meme coin made a significant gain of 19.36% on its weekly chart. According to the latest data, SHIB has improved by over 20% over the past month.
Second ranked altcoin: XRP (XRP)
Sentiments regarding XRP’s price action remained low after Bitcoin’s rise. However, the token at the center of the courtroom standoff between Ripple and the U.S. Securities and Exchange Commission (SEC) continued to show strength. The analyst, nicknamed CoinsKid, expects an upward move for the altcoin, reaching $1.13.
Meanwhile, the XRP token was currently trading at $0.6452. This represents a gain of 2.14% on the day, as shown in the latest charts taken on December 8th. Additionally, the altcoin recorded a 5.52% increase during the week. It saw a decrease of 7.12% during the month.
In last place comes the original meme coin Dogecoin (DOGE)
cryptokoin.comAs you can follow from , another meme-coin that took action in this cycle was Dogecoin (DOGE). Dogecoin not only celebrated its tenth birthday on December 6, but also recorded a strong increase. In this move, he also met the $0.10 price target previously set by analyst Jake Wujastyk. The analyst then set another target of $0.19 for the altcoin.
Meanwhile, Dogecoin has experienced a 3.4% increase in the last 24 hours. At press time, the altcoin was trading at $0.09764. In addition, DOGE managed to increase its value by 16% in the previous seven days. Additionally, it has gained 30.56% over the past month.
The opinions and predictions in the article belong to experts and analysts and are definitely not investment advice. We strongly recommend that you do your own research before investing.
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