With one of the most explosive crypto price rises registered in recent days, many are considering, if not even committing to, getting in and making some quick cash. Those familiar with crypto investing, particularly those with established e-wallets, who missed out on the post-election boom may feel the sting of lost money-making opportunities. Bitcoin, the king of cryptos, broke a record of over $108K well after the election. At the same time, meme coin leader Dogecoin registered an impressive surge of 193% over the past three months, taking off by the first half of November. While many are rejoicing over the massive spikes, it’s safe to say that such news serves as a stark reminder of why keeping up with algorithm-based estimations like the Dogecoin price prediction is a good and convenient strategy to avoid similar losses in the future.

Amid the booming crypto frenzy, it’s crucial to recognize the risk of FOMO so you can keep a clear vision and avoid making rash investment decisions. It’s one thing to miss an opportunity for profit, and another to jump in and suffer losses. Entry prices are some of the most important indicators revealing when and if entering a market is a sound move. As the market has picked up, experts stress the importance of investing wisely and selectively, being tactical with entry points.

In light of crypto’s rally, are you ready to discover some cryptos with the potential to bring ROI down the road, even if the ballots have been cast?

Bitcoin

Bitcoin continues to be a relevant and promising investment, with its appeal remaining strong both now and in the near future. The asset scaled a new all-time high, breaching the $108K limit, leaving behind the over $96K scaled by the end of November. Bitcoin secures its title as a market leader, having transformed what people understand through speculative investment vehicles and modes of exchange. Despite being initially launched as a variant of the value of exchange that eradicated the involvement of banks, governments, and other institutional watchdogs scrutinizing the traditional financial market, it has soon turned to become an investment venue. More precisely, when the asset almost doubled in 2013 after surging from $213 to almost $435 in less than two weeks, new waves of opportunists found their way into the market to invest and cash in on the price rise. By the end of November, it was over $1,200, ending the year up from $541 from some weeks before the new ATH.

As emphasized by some of Bitcoin’s most unbelievable growth performances in history, the asset has potential that some may or may not realize. The most recent triumph, when the asset scaled a new ATH, paints a favorable picture, inflicting hope that a bull market is underway and may last for just enough so that both early and late investors can generate some profits.

Dogecoin

Post-election, Dogecoin secures its title as one of the most investment-worthy cryptos, maintaining its constant growth amidst the election-powered crypto rally. The asset, which was once launched as a joke intended to mock the leading crypto, Bitcoin, gained a threefold soon after the election day passed. Moreover, the fame of the asset among retail investors kept rising as they sought to profit from the strong community support and the expanding meme culture. Now, it’s one of the cryptos that rewarded faithful investors with the highest profits.

What makes Dogecoin stand out from other popular meme coins, or generally digital currencies, is its strong and constant backing received from some of the most influential people in the market – Elon Musk and Donald Trump. As an example of its potential, the coin kept surging after the president-elect made public that Vivek Ramaswamy and Elon Musk would co-direct the Department of Government Efficiency, interestingly shortened as Doge. The move intends to set up a fresh, outside advisory crew. On the X platform, Doge received a grey checkmark that’s generally conferred to high-value groups within the administration umbrella, like embassies.

The asset’s market valuation spiked to around $53BN in a short time, surpassing the 121-year-old company Ford, which fetched $176BN in revenue last year. Nevertheless, it’s important to note that the rush forward may coincide with a wider craze for cryptos caused by a category of investors who predict the new administration will announce a wave of deregulation that would benefit the industry later on.

Ripple

XRP, Ripple’s native digital currency, stands to profit from Trump’s triumph as well, just not in the ways that one may foresee. The asset’s immediate rise wasn’t extraordinary, and while cryptos like Bitcoin and Dogecoin were having investors overboard with their booming performances, XRP fans were committed to another hope.

Ripple and the SEC have long confronted each other in a legal battle that’s anything but new to the crypto world. The watchdog wasn’t limited to Ripple but dragged more cryptocurrencies and companies into disagreements, including Ethereum and Bitcoin. This confrontation questioned whether they should be classified as commodities. Commodities are subject to milder regulations, and despite the legal hurdles, the regulator got to see the odds in favor of the two cryptos.

Now, the previous wins indicate a potential similar win for Ripple in the future, all the more since Trump elected Atkins as the new SEC chair, in the well-known attempt to make the US the leading crypto hub. This political move could have a lot of bearing on the outcome of Ripple’s ongoing legal battle and the broader regulatory stances toward digital currency​, explaining the widespread optimism regarding XRP’s future.

Bottom line

Amid the spiking crypto prices, it’s only natural to want to cash in on the rally. This is why it’s important to keep your cool and attentively eye your cryptos. Experts advise taking the time to calculate risks, winning chances, and the correct amounts to invest in, as well as closely scrutinizing the eyed cryptos. Should you hop to ride the wave now, you’ll be buying high, so make sure you’re not selling low sooner or later. Invest wisely and without falling prey to FOMO!