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After nearing $110k a few days back, Bitcoin (BTC) price witnessed a major correction. The latest setback pushed the king coin down by over 2.6% in the last 24 hours. Bitcoin price is currently resting near $102k, and a further plummet might result in BTC slipping under $100k again.
Top 3 Altcoins to look at
While BTC’s struggle continues, investors can consider buying other cryptos. Ergo, let’s take a look at the top altcoins that have potential to explode in 2025!
1. XRP
XRP price recently grabbed eyeballs as it surged past the $3 mark. Though the token’s value dipped by 4% in the last 24 hours, it still was holding above $3. Analysis of XRP’s daily chart suggested that after a long consolidation phase, the token broke out on 10th January to reach its local peak of $3.3 before facing a correction.
Nonetheless, the bearish trend might not last long, as XRP has strong support near $3. A successful test of the support could ignite another rally, which can push XRP to $4—a much-needed step towards reaching $10 in the coming months or years.
Source: TradingView
2. Aureal One
While heavyweights like Bitcoin and XRP dominate the market, Aureal One is a newcomer in the crypto industry. Despite this, it has created a lot of buzz in the community with the presale launch of its groundbreaking metaverse platform. It is a creative force that creates a new ecosystem by merging blockchain technology with immersive virtual experiences—tying together the gaming, metaverse, and real-world applications domains.
Driven by the revolutionary Aureal One Blockchain, the platform features two flagship products that highlight the dynamic possibilities of its blockchain: Clash of Tiles and DarkLume. These projects aim to give users captivating experiences that promote growth and meaningful connections in the metaverse. For those interested in the growing virtual reality and metaverse space, Aureal One is a promising cryptocurrency because of its distinctive approach.
Source: Aureal Oner
3. Dogecoin (DOGE)
The bearish market condition impacted most cryptos, including Bitcoin and Dogecoin. The Dogecoin price fell victim to a 5% daily drop, making it trade at $0.3472 with a market capitalization of over $51.2 billion. But the trend might change soon as a buy signal appeared. Ali Martinez, a popular crypto analyst, posted a tweet highlighting that DOGE’s TD sequential was flashing a buy signal. This might increase buying pressure on DOGE and in turn push its price up.
Notably, investors have already started buying the meme coin. As per Hyblock Capital’s data, the meme coin’s buy volume touched 100 in the last 24 hours. Whenever that happens, it indicates that buying activity is rising—a sign of a possible price hike. If that happens, then DOGE can rebound and march towards $0.5 after crossing $0.4 resistance.
Source: Hyblock Capital
Final Words
Bitcoin’s price correction threatens to drop below $100K, but altcoins like XRP, Aureal One, and Dogecoin present strong growth potential. XRP may rally above $3, Aureal One innovates in the metaverse space, and Dogecoin signals a potential rebound toward $0.5.
Frequently Asked Questions (FAQs)
Bitcoin is currently trading near $102K, and a further correction depending on market condition could push it below $100K.
Aureal One’s innovative metaverse platform merges blockchain with immersive virtual experiences, which is allowing it to gain traction.
Rising buy volumes indicate increasing investor interest, with potential to push its price toward $0.5 after crossing $0.4 resistance.
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Dipayan Mitra
Dipayan is a full-time journalist and editor working in the Web3 domain. He has over 4 years of experience in the media industry. A graduate in journalism, Dipayan has a keen interest in keeping himself updated with the latest developments in the crypto-space. Technical analysis and assessing market trends is what he specializes in. His work has been featured on popular crypto platforms like AMBCrypto.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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