Since Donald Trump’s victory in the 2024 U.S. Presidential Election, the cryptocurrency market has experienced notable movements. Several large-cap cryptocurrencies have recorded significant gains, reflecting renewed investor interest and market optimism. This article delves into the top 10 large-cap cryptocurrency gainers since the election, exploring the factors contributing to their impressive performances.
Dogecoin, originally created as a joke, has emerged as a standout performer in the crypto market. Since the election, DOGE has surged by approximately 310%, reaching new all-time highs. This remarkable growth is attributed to increased mainstream acceptance and endorsements from high-profile figures.
Shiba Inu, often dubbed the “Dogecoin killer,” has capitalized on the meme coin trend. Post-election, SHIB has seen a 150% increase in value, attracting investors seeking high-risk, high-reward opportunities.
Solana, known for its high-speed transactions and low fees, has gained traction as a viable alternative to Ethereum. Since the election, SOL has appreciated by 134%, driven by its growing ecosystem of decentralized applications and strong developer support.
Bitcoin, the flagship cryptocurrency, continues to assert its dominance. Following the election, BTC has experienced a 113% increase, surpassing previous resistance levels and reinforcing its status as digital gold.
Binance Coin, the native token of the Binance exchange, has benefited from the platform’s expansive growth. Post-election, BNB has risen by 98%, reflecting Binance’s continued innovation and market presence.
LEO, the utility token for the Bitfinex exchange, has seen a 93% increase since the election. This growth underscores the value of exchange tokens in the evolving crypto landscape.
TRON aims to create a decentralized internet, and its native token, TRX, has gained 85% post-election. The platform’s focus on content sharing and entertainment continues to attract users and developers.
XRP, developed by Ripple Labs, focuses on facilitating efficient cross-border payments. Since the election, XRP has appreciated by 72%, amid positive developments in its ongoing legal battles and increased adoption by financial institutions.
Zcash offers enhanced privacy features, appealing to users seeking anonymity. Post-election, ZEC has risen by 65%, as privacy concerns become more prominent in the digital age.
CRO, the native token of the Crypto.com platform, has seen a 62% increase since the election. The platform’s efforts to bridge traditional finance with cryptocurrency services have resonated with a broad user base.
Source : https://t.me/CryptoRankNews/11384
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