2024 is almost gone, and the time to get your hands on the hottest altcoin picks for 2025 is nearly over. It has been an exciting time for crypto recently, and more exciting times are expected as Bitcoin (BTC) is expected to explode.
Bitcoin (BTC) Stumbles Following FOMC Meeting
Bitcoin (BTC), the undisputed leader of the cryptocurrency world, has maintained its position as the most trusted digital asset. As the dominant store of value, BTC remains the go-to choice for investors, especially after hitting the $100,000 target. BTC dropped in value over the past few days after Jerome Powell, Chairman of the Federal Reserve, said there may only be two interest rate cuts in 2025. At the time of writing, BTC traded around $96,000.
CMO of ChangeNOW, Pauline Shangett, commented on the market’s reaction, saying:
“Today’s pullback is a firm reminder of the market’s susceptibility to broader macroeconomic news. Vigilance is key to navigating the crypto sector safely, and the onus rests on the investor to keep abreast of such developments.”
Investors, however, remain firmly glued to the charts to see what the market has in store as we head into the following year.
Let’s explore some of the hottest altcoin picks for 2025.
Ripple Launches USD-Backed Stablecoin
Ripple’s XRP has gained massively over the past month and is now the fourth-largest crypto with a market capitalization exceeding $125 billion. Ripple (XRP) has witnessed a spectacular gain in value after news of Gary Gensler’s planned exit surfaced. Ripple Labs has been embroiled in a highly publicized legal battle with the securities agency for which Ripple paid a hefty price. In 2020, the regulator sued Ripple for its supposed breach of securities laws, resulting in many exchanges choosing to delist XRP. Ripple finally found some relief after a partial victory in 2023 ended the SEC’s 3-year-long crusade against the company. The Southern District of New York Court delivered a partial victory to Ripple in its matter with the SEC after Judge Analisa Torres ruled that Ripple’s XRP token is “not necessarily a security on its face.” Ripple received some further bullish news after Chris Giancarlo, former chair of the CFTC, predicted the SEC would drop its case against the company. The price of XRP surged further after WisdomTree filed an S-1 application for a spot XRP ETF, and Ripple officially launched its USD-backed stablecoin, RLUSD, on December 17.
Shiba Inu (SHIB)
Shiba Inu (SHIB) gained impressively following Donald Trump’s election victory and after developers successfully rolled out enhanced security upgrades to Shiba Inu’s Shibarium bridge. Shibarium is Shiba Inu’s Layer-2 blockchain, which enables seamless and secure token transfers between Ethereum and Shibarium. The bridge will also undergo a hard fork to optimize network performance, improve transaction speeds and address scalability concerns. With the expansion of the Shibarium network, however, its developers warned its community against potential scams.
SHIB, the native token of Shiba Inu, is one of the top-selling memecoins by market cap. The decentralized community-led token and its reputation as the “Dogecoin Killer” has yielded impressive rewards in the past year, gaining over 111%. SHIB is one of the biggest Solana-based memecoins, which quickly rose to fame in the crypto industry and has since become a household name. SHIB, launched in 2020, is currently the 14th largest crypto by market cap and the second biggest memecoin after Dogecoin (DOGE). SHIB has suffered amid the market correction, presently trading at $0.00002162, reflecting a 22.8% downturn over the past week.
Husky Inu (HINU)
As we head into the new year, investors are quickly running out of time to secure their stake in what is expected to be a record year for crypto. Husky Inu, however, presents the prime opportunity to capitalize on the potential successes of what crypto has to offer.
Husky Inu (HINU) is a new member of the popular Solana network, created to bring its holders more value and utility by harnessing the power of this popular blockchain. The project has raised attention because of its ambition to compete with the best in the memecoin industry. Husky Inu recently launched the presale of its native token, HINU, with tremendous success, and the two are on a mission to conquer the memecoin industry through a robust and supportive community with innovative features and enhanced rewards.
Husky Inu (HINU) has exceeded its presale goals, smashing its $600,000 fundraising target. Since going live, the presale has generated over $622,000, and numbers are rapidly increasing. Husky Inu is working on some exciting things, including an Earn App and a Decentralized Exchange. The Earn App will reward users with HINU tokens for engaging with the project, and the Decentralized Exchange will facilitate decentralized trading to improve utility and value for HINU holders. Husky Inu boasts several unique features that set it apart from traditional investment opportunities, including a capped token supply, a deflationary mechanism, speedy transactions, and charity voting.
Husky Inu’s presale success sets the tone for immense gains and is expected to skyrocket following exchange listings. HINU presale tokens are available at a modest $0.00015000 with exceptional profit potential for early backers.
Visit the following links for more information on Husky Inu:
Website: Husky Inu Official Website
Twitter: Husky Inu Twitter
Telegram: Husky Inu Telegram
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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