8 Best Altcoins to Buy as 269 Pro-Crypto Candidates Elected to Congress
The 2024 U.S. elections marked a significant moment for the cryptocurrency industry. With over 260 pro-crypto candidates successfully elected to Congress, the prospect of a more favorable regulatory environment has ignited optimism in the crypto market.
Since the results were announced, Bitcoin (BTC) has been trading around all-time highs of approximately $90,000, fueling speculation that altcoins will follow suit shortly. As the crypto space gains support from elected pro-crypto candidates, now is an opportune time to explore some of the best altcoins to buy.
In this guide, well dive into eight top altcoins that are positioned to thrive in this exciting new regulatory landscape.
Best Altcoins to Buy Following the US Elections - Top 8 List
Here are the top 8 best altcoins to buy following the US elections;
Ethereum - Second Largest Cryptocurrency By Market Capitalization
Crypto All-Stars - Worlds First-Ever Meme Vault
Dogecoin - Open Source Peer-To-Peer Cryptocurrency Favored By Shibas Worldwide
Flockerz - Revolutionary Vote-To-Earn Meme Coin
Best Wallet Token - The Ultimate 2024 Crypto Wallet
Pepe Unchained - Pepes Own L2 Blockchain
SUI - A Unique, High-Performance Layer 1 Blockchain With Lightning-Fast Transaction Speeds
FreeDum Fighters - Favorite Political Meme Coin
Best Altcoins to Buy as 269 Pro-Crypto Candidates Win US Elections- Full Reviews
Following the election results, these are the eight altcoins worth considering for investment. Each one has strong potential for growth as the crypto market adapts to a new political climate in the U.S.
Ethereum - Second Largest Cryptocurrency By Market Capitalization
Ethereum remains one of the most solid and well-established altcoins in the crypto market. As a decentralized platform that enables the creation of smart contracts and decentralized applications (dApps), Ethereum is fundamental to the decentralized finance (DeFi) ecosystem and the growing world of non-fungible tokens (NFTs). ETHs recent shift to a proof-of-stake consensus mechanism has improved its scalability, reducing energy consumption and enhancing its long-term sustainability.
Following the pro-crypto election results, Ethereum is expected to benefit from favorable regulatory environments. The ongoing development of Ethereum 2.0, which promises faster transaction speeds and lower gas fees, also positions ETH as one of the cryptocurrencies set to experience exponential growth.
Also, with Congress likely to embrace crypto innovation, Ethereums integral role in the ecosystem makes it one of the best altcoins to buy as 269 pro-crypto candidates win US elections.
At the time of writing, Ethereum is currently trading at $3,134 with a market cap of $374.35B.
The second largest cryptocurrency has seen around 19% gain since the election results, with a 36.20% year-to-date gain. Several crypto analysts have also predicted that Ethereum will likely reach over $5000 by 2025.
Crypto All-Stars - Worlds First-Ever Meme Vault
Crypto All Stars ($STARS) is a unique meme coin project aiming to redefine the crypto space by combining the most notable meme tokens into one platform. Built on the Ethereum blockchain, it allows users to stake popular meme tokens and earn $STARS as rewards. This innovative approach positions it as a hub for meme coin enthusiasts, with a focus on creating a community-driven ecosystem that bridges various crypto communities. Additionally, $STARS is designed to capture the growing interest in staking and rewards within the meme coin sector, adding utility and value to the ecosystem.
One of the standout features of Crypto All Stars is its transparent smart contract structure. The contract ownership is renounced, meaning developers cannot alter it, and it prevents actions like token minting, burning without allowance, or blacklisting wallets. These features reduce risks for investors by ensuring stability and fairness in operations.
Now, with over 269 pro-crypto candidates elected to Congress and the ongoing surge in interest around meme tokens like Dogecoin and Shiba Inu, Crypto All-Stars (STARS) enters the market at a time of heightened optimism for meme coin projects. This has led to many crypto analysts predicting big gains for those who invest in the Crypto All-Stars project.
As meme-based tokens have proven their ability to generate massive returns on investment, $STARS is positioning itself to capture the next wave of interest from both traders and institutional investors alike, making it one of the best meme coins to buy following the US elections.
Evidently, since its launch, the presale has raised close to $4.5 million, indicating strong interest and confidence from investors. One $STARS is presently trading at just $0.00158 and can be bought with crypto or directly with a bank card.
For more detailed information about the project, you can visit their official site and follow Crypto All-Stars on X.
Dogecoin - Open Source Peer-To-Peer Cryptocurrency Favored By Shibas WorldWide
Dogecoin, which originally started as a meme coin, has now transformed into one of the most recognizable and widely used cryptocurrencies today. It has gained significant attention following Donald Trumps victory, especially due to its connection with Elon Musk, who is a big supporter of the meme coin.
Dogecoin is also the cryptocurrency that has gained the most following the US elections and Trumps win, which clearly provides another reason why investors must consider it as another token adding to their portfolio. The meme coins strong community and viral appeal have positioned it as one of the best altcoins to buy right now, following the US elections and the fact that 269 pro-crypto candidates have been elected to Congress.
Remarkably, Since Trumps win, Dogecoin has seen a huge surge in price, gaining more than 145% in less than two weeks, benefiting from the optimism surrounding pro-crypto candidates rise to power.
Looking forward, the expectation of a more favorable regulatory environment could encourage more retail adoption of Dogecoin, particularly because of its low transaction costs and fast processing times. Also, Dogecoins potential for future growth is enhanced by its continued popularity on social media platforms, making it a strong contender in the current market.
Dogecoin is currently trading at $0.36, as of the time of writing, with a market cap of $54.03B, making it the 7th largest cryptocurrency worldwide.
In the past month, Dogecoin gained 157% in a month and a 343% year-to-date gain. More importantly, according to several crypto analysts, Dogecoin has the highest growth potential in this list, with possible gains of over 650% by 2025 and 1,900% by 2030.
Flockerz - Revolutionary Vote-To-Earn Meme Coin
Flockerz ($FLOCK) is a revolutionary vote-to-earn meme coin that allows users to influence the token's development directly, which can potentially drive up demand and user participation. This unique system enables token holders to actively influence the project's development while earning rewards for their contributions.
Unlike traditional governance models, Flockerz emphasizes collective decision-making, ensuring that the community has significant control over the projects growth and trajectory. The token is currently in its presale phase, making it accessible to early adopters looking to stake their claim in this decentralized ecosystem.
Notably, the project is structured around its Flockenomics, a tokenomics model designed to reward both early investors and long-term holders. Key allocations include 25% for staking rewards, 25% in a DAO vault for community decisions, and 20% for early presale participants. Marketing efforts are also heavily prioritized, with 20% of tokens reserved for outreach campaigns to grow the community globally. The platform also plans to introduce staking and secure listings on global exchanges, further expanding its ecosystem.
Moreover, Flockerz aims to establish itself on the Ethereum blockchain and create a vibrant, self-sustaining community. By combining meme culture with decentralized governance and financial incentives, it seeks to differentiate itself from other meme coins. If the project gains traction and attracts a dedicated user base, Flockerz could become one of the more popular meme coins in the market, especially as interest in meme coins and community governance continues to rise, making it one of the best cryptos to buy following the US elections.
To learn more about the project, you can watch this Flockerz crypto review:
Since launching its presale, Flockerz has raised close to $2.5 million, and plans for listings on major exchanges such as Coinbase are already in motion. $FLOCK is currently trading at a discount price of $0.006053 with many analysts predicting it has at least 40x growth potential.
Those interested in investing in Flockerz can refer to the projects whitepaper, follow Flockerz on X, and visit the official Flockerz presale page below.
Best Wallet Token - The Ultimate 2024 Crypto Wallet
The Best Wallet Token ($BEST) is an emerging presale project designed as a utility-focused meme coin that aims to provide Web3 users with a multifaceted ecosystem featuring an integrated cryptocurrency wallet. Essentially, the BEST Wallet is tailored to accommodate both beginners and experienced users, offering features such as token storage, swaps, and comprehensive portfolio management. This project emphasizes ease of use and security, creating an accessible entry point into the Web3 space while staying true to its meme roots.
The tokens presale is actively capturing attention with its promise of potential growth, leveraging a mix of utility and community engagement. So far, it integrates seamlessly with the broader ecosystem by facilitating airdrops and incentives that reward active users, thereby making it one of the best cryptos to buy right now. Also, given the pro-crypto sentiment emerging from Congress, Web3 projects like Best Wallet stand to benefit from more streamlined regulations and institutional interest.
One standout feature of the Best Wallet ecosystem is its commitment to innovation through partnerships and expansion. Best Wallet is targeting long-term viability in the highly competitive cryptocurrency market. For instance, registering and completing activities on this platform allows you to win $BEST for free. After the airdrop campaign, investors will be able to claim their Best Wallet Tokens by connecting their wallets.
Whats more, with $BEST, you are sure of reduced transaction fees, early access to new projects, and higher staking rewards, and you can also vote on key decisions within the Best Wallet ecosystem. You can watch the Best Wallet token review to learn more about this application and its native token:
Investors interested in this altcoin can buy $BEST tokens directly on the Best Wallet presale website. Note that $BEST is exclusively available in-app until November 25th, so in order to get this token before it launches on public sale, simply download the Best Wallet app right now.
For more information, you can refer to the projects whitepaper, follow Best Wallet on X, and join the community on their Telegram channel to get updates on recent developments.
Pepe Unchained - Pepes Own L2 Blockchain
Pepe Unchained is a next-generation meme coin built on an Ethereum-based Layer 2 blockchain that has gained much popularity since landing launched on presale. Designed for speed, security, and low transaction fees, the project aims to revolutionize the meme coin landscape by incorporating decentralized finance (DeFi) elements into its ecosystem. The PEPU token serves as the backbone of this blockchain, facilitating transactions and powering the platforms utilities.
Surely, given the political landscape following the 2024 elections, meme coins like Pepe Unchained could see increased adoption, especially as the elected pro-crypto candidates will likely push for favorable regulations. With its focus on fun, utility, and engaging community, Pepe Unchained has all it takes to thrive in the highly-competitive meme coin niche.
Additionally, Pepe Unchained has also revealed a recent update to the Pepe Unchained ecosystem, which includes Pepe's PumpPad. This is a 2-click meme coin launcher based on Pepe Unchained L2. This feature will enable investors to launch their own meme coins without any coding skills. This, in addition to many other features of this platform, has raised the hype around the Pepe Unchained token.
Pepe Unchained has so far raised over $38 million from its presale, which indicates it is among the top presales of the year. One $PEPE is currently trading at $0.01289, and tokens can be purchased directly from the companys presale page.
Note, however, that Pepe Unchained has recently announced through their X platform that the presale for Pepe Unchained will come to a close in less than 24 days from now. As such, those interested in this meme coin should grab their $PEPU tokens before it hits major exchanges.
To stay updated on recent developments, follow Pepe Unchained on X and Telegram and visit the official presale page below.
SUI - A Unique, High-Performance Layer 1 Blockchain With Notable Transaction Speeds
SUI is one of the most trending altcoins right now, having rapidly ascended in the rankings to position itself among the top 15 cryptocurrencies in terms of market size. The SUI blockchain aims to offer unparalleled scalability, speed, and low transaction costs, making it a prime candidate for decentralized applications and gaming platforms. With its innovative consensus mechanism and focus on performance, SUI is quickly becoming one of the most promising blockchain projects.
SUI is also one of the top-performing cryptos of the year, with a YTD return of 580% and a 1-month return of nearly 80%.
Technically, SUI is the Sui blockchain network's native token. It is a permissionless smart contract platform built with the Move programming language, and its tokens may be used to interact with the network, pay gas fees, and engage in staking.
Notably, SUIs rise in popularity is no accident; the projects technical advantages and growing ecosystem make it an attractive choice for both developers and investors. As regulatory clarity increases in the U.S. with the rise of pro-crypto candidates, SUI is poised to capitalize on this momentum, making it one of the best altcoins to buy in the current market conditions.
In short, this altcoin has made our list as one of the best altcoins to buy because of SUIs strategic positioning in the layer-1 ecosystem, where it competes with giants like Ethereum and Solana. Its adoption rate is steadily rising, largely due to an increase in DeFi and NFT projects launching on the platform, making it a perfect choice for investors looking to diversify their portfolios.
At the time of writing, SUI is trading at $3.7, rising from around $2.1 on the day of the election, an increase of over 80% in less than two weeks. Looking ahead, analysts predict SUI can reach $4.2 by the end of 2024 and $10 by the end of 2025.
FreeDum Fighters - Favorite Political Meme Coin
The FreeDum Fighters project is a satirical and gamified cryptocurrency initiative inspired by the U.S. presidential election. It features two fictional, mechanized characters, MAGATRON (a parody of Donald Trump) and Kamacop 9000 (a parody of Kamala Harris), battling for mechanized supremacy. The platform allows participants to choose a side, stake their $DUM tokens, and engage in weekly debates to earn rewards and airdrops.
This meme coin is primarily an entertainment-focused crypto project, blending humor with engagement while offering staking and community-driven rewards.
On the FreeDum Fighters platform, investors can stake their tokens in pools linked to either MAGATRON or Kamacop 9000, with higher rewards for the trailing side to incentivize balanced participation. Moreover, users can also earn through weekly debates by arguing for their chosen side to earn additional rewards in the form of secret airdrops.
With FreeDum Fighters, theres no allegiance restriction, as users can play both sides to maximize opportunities across both factions. The $DUM presale is currently live, marking the first phase of their roadmap aimed at community building and marketing efforts.
Best of all, FreeDum Fighters offers investors huge staking rewards, which makes it one of the most rewarding cryptos to stake right now.
So far, since the launch of its presale, FreeDum Fighters has raised approximately $600k, and the buzz online is constantly growing. One $DUM currently trades at $0.000085 per token and can be purchased in exchange for USDT, BNB, ETH, and SOL.
To learn more about this project, you can follow FreeDum Fighters on X.
How Will US Elections Results Affect The Crypto Industry?
The 2024 US elections usher in a new era for the cryptocurrency industry, with more than 269 pro-crypto candidates now elected to Congress. This shift in political power is expected to have a positive impact on the crypto space, particularly in terms of regulation and policy-making. Pro-crypto lawmakers are likely to push for clearer and more favorable regulations, which could reduce uncertainty and encourage both institutional and retail investments.
Furthermore, the election results may lead to a more robust environment for cryptocurrency mining in the US. As mining regulations become more favorable, we could see an influx of miners relocating to the country, increasing the overall hash rate and network security of major cryptocurrencies like Bitcoin and Ethereum.
Additionally, regulatory advancements could lead to increased investments in blockchain technology and DeFi projects, accelerating the mainstream adoption of cryptocurrencies. In addition to regulatory clarity, there could be increased efforts to integrate blockchain technology into government services, creating a more mainstream adoption of digital currencies.
All in all, the positive political sentiment could lead to faster innovation and broader market acceptance, driving up the value of established and emerging cryptocurrencies alike. Overall, the election results can potentially reshape the crypto market, paving the way for long-term growth and stability.
Summary
In sum, as pro-crypto candidates gain more influence in the US Congress, the cryptocurrency market is poised for growth in the near future. With clearer regulations and increased adoption, these eight altcoins mentioned on this page represent some of the best opportunities in the current market.
So, whether you're looking for established tokens like Ethereum, SUI, and Dogecoin or newcomers like Crypto All-Stars, Best Wallet, Pepe Unchained, FreeDum Fighters, and Flockerz, there are plenty of options for investors looking to capitalize on the shifting political landscape and the growing crypto.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Text source: Crypto Daily™
