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The 2024 U.S. elections are expected to be a key driver for the crypto market. With growing pro-crypto support from both major political parties, many investors are optimistic about the potential for a bullish market before and after the elections despite the Middle East tensions.
If analysts’ predictions are correct, then not only could Bitcoin see great gains regardless of who wins, but altcoins, especially those with strong use cases or popular communities, will experience significant growth as well.
So whether you’re looking to invest in established cryptocurrencies like Bitcoin and Ethereum or newer high-growth potential meme coins like Memebet, this guide will explore the best cryptos to buy ahead of the U.S. elections. We’ll discuss their current performance, price predictions, and what makes them stand out in the 2024 crypto space.
Best Cryptos to Buy Ahead of the US Elections - Top List
Bitcoin - Largest Cryptocurrency By Market Capitalization
Memebet - Hottest GambleFi Meme Coin ICO
Crypto All-Stars - World’s First-Ever Meme-Vault
Ethereum - Second Largest Cryptocurrency By Market Capitalization
Pepe Unchained - Pepe’s Own L2 Blockchain
Ripple - Seventh Largest Cryptocurrency By Market Capitalization
Best Cryptos to Ahead of the US Elections - Full Reviews
In the section below, you can read our in-depth reviews for each one of the recommended cryptos to buy ahead of the US presidential election in 2024:
Bitcoin - Largest Cryptocurrency By Market Capitalization
Obviously, one of the best cryptocurrencies to buy ahead of the US elections is Bitcoin, as it continues to be the preferred choice for investors seeking long-term growth in the cryptocurrency market. So far in 2024, Bitcoin has shown impressive resilience, maintaining steady momentum even in the face of various economic challenges. Consequently, many crypto analysts believe that Bitcoin could reach $74,000 by the time of the U.S. elections and even higher following the elections.
Another reason to consider Bitcoin is that it is recognized by many major governments, including the U.S., and even serves as legal tender in countries like El Salvador. The launch of the first spot Bitcoin ETFs on US stock exchanges in 2024 has resulted in significant financial inflows, increasing Bitcoin's popularity. Additionally, developments such as prospective interest rate reduction by the United States Federal Reserve could greatly influence Bitcoin's price. Now, with both candidates talking about further regulation of Bitcoin, it’s hard to see Bitcoin’s price falling in the next month.
So far this year, Bitcoin’s price has surged sharply at the beginning of the year and, since then, fluctuated in the $52,000 to $65,000 range, dipping this week following escalation in the Iran-Israel conflict. Yet, the upward movement from the first months of the year makes Bitcoin among the most profitable assets of 2024, with a YTD of 52% and a YoY return of nearly 130%.
Some investors view the BTC sideways market since March as a consolidation phase, anticipating another bull run, especially if pro-crypto candidates gain important political positions. Looking ahead to the US elections, several analysts have predicted that Bitcoin could surpass its all-time high level of $74,000 mark if the crypto market stays positive during the election season. Some analysts even suggest that Bitcoin could hit six figures by 2025, regardless of the election outcome.
Memebet - Hottest GambleFi Meme Coin ICO
Memebet is another high potential crypto choice to buy ahead of the US elections in November. It is the perfect crypto casino for degen gamblers as they can enjoy a classic suite of slots and games while earning $MEMEBET tokens. Its combination of decentralized betting with a fun, community-first approach has captured the imagination of crypto enthusiasts.
Unlike many other meme coins, Memebet offers a unique use case, which allows users to deposit and play with their favorite meme coins in Memebet Casino, with token rewards distributed to winners. As a matter of fact, it is the only web and Telegram casino where you can wager meme coins.
Since its inception, Memebet has grown steadily, and despite it still being in its early stages, it has built a loyal user base thanks to its play-to-earn utility, which rewards investors for playing in the Memebet Casino with play-to-earn wagering benefits. The logic is simple - the more you wager, the more you earn in airdrops and rewards. Early investors can also benefit from significant play-to-earn gaming airdrops by purchasing $MEMEBET during the presale.
So, all things considered - Memebet is certainly positioned to benefit from increased attention in the crypto market, particularly during the U.S. election period. The token's numerous use cases and earning potential make it an attractive option, with casino prizes and airdrops accounting for 20% of the total 2 billion token supply. Not surprisingly, many crypto experts believe that Memebet is the coin to buy right now.
So far, in its presale, Memebet has raised over $334K in just a few weeks after the presale launch. Currently, one $MEMEBET is priced at $0.0255 per token and can be purchased in exchange for ETH, USDT, BNB, and MATIC. It can also be purchased directly through a debit or credit bank card.
In short, Memebet is one of the most exciting meme coins that emerged in 2024. And it appears to be among the best altcoins to buy ahead of the US elections. To learn more about this project, follow Memebet on X and visit the official presale page below.
Crypto All-Stars - World’s First-Ever Meme-Vault
Another cryptocurrency on our list to buy ahead of the US elections is Crypto All-Stars, a project that strives to become the ultimate meme coin project, uniting the top meme coins worldwide, including PEPE, Dogecoin, Floki, Mog, Milady, Brett, Turbo, and more - all under one umbrella. This innovative combination of gaming and crypto has attracted a growing community so far, especially among younger investors who are also avid gamers.
Since the launch of its presale, Crypto All-Stars has seen a steady climb in popularity, largely due to its Memevault ecosystem. Though still in its early stages, it has the potential for further adoption, especially with the ongoing rise in play-to-earn games. At is the world's first-ever unified staking platform, Crypto All-Stars can become a top meme coin since holders worldwide are brought together under a single umbrella to stake their tokens to earn big insane rewards.
20% of $STARS has been set aside for marketing the token, which could potentially attract more investors as the meme coin has now been featured in reputable media outlets like Techopedia, crypto news, Bitcoin.com, CoinGape, etc. So far, the hype around this is getting bigger every day, and analysts’ excitement about Crypto All-Stars continues to rise.
Crucially, early investors can also take advantage of the 3x staking benefits by participating in the presale, which increases their potential gains before the launch. And, with the gaming and cryptocurrency sectors expected to flourish in the upcoming month, $STARS might see huge gains leading up to the US elections, especially if its platform continues to expand its user base.
So far, the presale has been extremely successful, with investors flocking to buy the token. Since the presale started, Crypto All Stars has raised over $1.8M only a few weeks after its launch, with current staking rewards of over 800%. This clearly shows why $STARS will likely be one of the top crypto presales of 2024. As of writing, one $STARS is currently priced at just $0.001471, with investment return predictions of 100x and even 1000x.
To learn more about the project and buy Crypto All-Stars tokens, visit the company’s presale page below.
Ethereum - Second Largest Cryptocurrency By Market Capitalization
Ethereum, the second largest cryptocurrency by market capitalization, is clearly one of the best cryptocurrencies to buy ahead of the US elections. This leading smart contract platform, which powers thousands of decentralized applications (dApps) and non-fungible tokens (NFTs), has consistently shown its value across various sectors, including decentralized finance (DeFi), NFTs, and decentralized governance.
In 2024, Ethereum, like many other leading cryptos, has performed well, with its price fluctuating between $2,100 and $3,000. And, investors are optimistic about Ethereum's long-term potential, especially with its ongoing transition to Ethereum 2.0, which could significantly increase its value over the next months. Several crypto analysts have also predicted that if the crypto market remains strong, Ethereum could potentially reach $5,000 or more by 2025, particularly if new regulations support decentralized technologies after the elections.
What’s more, the new Ethereum ETFs, which started trading on July 23rd, 2024, could potentially drive Ethereum's price higher. The approval of spot ETH ETFs earlier this year surprised the market, and analysts estimate that these ETFs could lead to capital inflows of $3 to $ 4.5 billion in the first five months, potentially equating to 900,000 to 1.25 million ETH. This could result in a substantial supply shortage, pushing the price of ETH even higher.
Overall, with its strong position in DeFi and NFTs, the upgrade to Ethereum 2.0 enhancing transaction speeds and reducing fees, and the recent launch of Ethereum ETFs - these factors are likely to skyrocket demand and place Ethereum as one of the best cryptos to buy ahead of the US elections.
In terms of price performance, Ethereum has had a positive year with a YTD of around 51%, although it lost nearly 25% over 25% since August. In the last month, however, Ethereum’s price has slightly recovered, gaining around 4%.
Looking ahead, several crypto analysts have predicted that if the crypto market stays positive during the election season, Ethereum could surpass $5,000 by 2025.
Pepe Unchained - Pepe’s Own L2 Blockchain
Pepe Unchained is a new meme coin inspired by the famous Pepe meme, but unlike the original Pepe coin, it stands out by combining meme culture with real-world utility. This project gives investors the chance to get in early on the first-ever Pepe token with its own Layer 2 Ethereum blockchain network.
This essentially means $PEPU token holders can enjoy fast transaction speeds, lower gas fees, and dynamic staking rewards. The platform also offers easy bridging between Ethereum and the Pepe Chain, ensuring smooth transactions, along with a dedicated block explorer for added transparency and security. In short, Pepe Unchained is quite a remarkable project.
And, since its launch, Pepe Unchained has developed a strong community around its token, experiencing a price surge that has made it a favorite among meme coin investors. Now, as the U.S. elections approach, many expect Pepe Unchained to gain even more momentum, driven by internet virality, regulatory framework, and community support.
Simply put, investors who join the Pepe Unchained platform can enjoy staking rewards that are double those of traditional Layer 1 projects, which makes it a standout option as a staking platform. So whether you’re staking, trading, or just enjoying the fun of the platform, everything happens faster and at a lower cost—because, in a normal sense, no one wants to pay high fees to trade a meme coin. As such, these factors make Pepe Unchained the ideal platform for investors looking for serious staking rewards and, potentially, the next big thing to explode in the cryptocurrency world.
In addition, so far, the Pepe Unchained presale has been highly successful, raising over $18 million a few months after its presale launch. Investors can currently earn an outstanding annual percentage yield (APY) of more than 100%, though this is likely to decline as more $PEPU are staked. As of writing, one $PEPU is currently priced at $0.00989, with many analysts and crypto investors predicting it has a 100x growth potential.
Those interested in this project can read more on Pepe Unchained’s white paper and follow them on X.
Ripple XRP - Seventh Largest Cryptocurrency By Market Capitalization
Ripple’s XRP is another top-choice crypto to buy ahead of the US elections. This token was originally designed to enable fast and low-cost international payments, making it a popular choice for financial institutions.
Despite facing legal challenges over the last few years, Ripple has achieved significant court victories, boosting investor confidence in the token’s long-term potential. In 2024, XRP experienced a resurgence, particularly following legal wins against the SEC, which has rekindled interest in the token. Currently, it trades around $0.65, gaining nearly 32% over the last 3 months.
The primary reason for the price increase is the end of the long XRP-SEC lawsuit. Following a legal victory against the SEC, which alleged that XRP was an unregistered security, XRP has regained investors’ attention and is now the seventh-largest cryptocurrency by market capitalization.
With that sentiment, many crypto analysts believe that as regulatory clarity improves, XRP could surpass $1 by the end of 2024 and $2 by early 2025, especially if pro-crypto candidates influence favorable policies in the United States.
All in all, with so many impressive features such as low transaction costs, strong ties with financial institutions and payment providers, and its one-of-a-kind consensus protocol and node lists - Ripple XRP is among the best crypto coins to buy ahead of the US presidential elections.
In breaking news today, Bitwise has also filed for an XRP ETF, the first of its kind, which could make XRP one of the best cryptos to buy now for Q4 gains if that is approved.
How Will US Elections Affect the Crypto Market
It is agreed by all opinions that the 2024 US elections may have a huge impact on the cryptocurrency market. With pro-crypto sentiments growing among both major candidates, Donald Trump and Kamala Harris, the regulatory landscape for cryptocurrencies may become more favorable. Many even believe that the crypto market is expected to rise regardless of the election outcome.
Having said that, the market still prefers Trump’s win due to his recent comment that “If crypto is going to define the future, I want [it] to be mined, minted and made in the USA." If Kamala Harris wins, some experts believe the market will continue to grow, while a Republican victory could lead to even more bullish conditions.
On top of that, historically, financial markets tend to react positively to election outcomes that favor reduced regulation and economic growth. The crypto market is no different, and a clear stance on crypto-friendly policies could lead to increased institutional investments, driving prices up.
Currently, the regulatory landscape for cryptocurrencies in the United States is still evolving. Trump’s comments in recent months regarding the regulation and further adoption of the crypto market have changed the narrative as we approach the US election. Following his statements, Harris had to take the same strategy, signaling support for crypto regulation. This created a dream for crypto supporters - a pro-crypto presidential election from both candidates.
US Elections Status
As of October 2024, the polls show a close race between Kamala Harris and Donald Trump, both of whom have expressed support for cryptocurrencies. According to the New York Times, Harris is currently leading the US presidential elections with 49%, compared to Trump’s 46%.
Kamala Harris has indicated a focus on innovation and regulation so far, while Donald Trump has advocated for a hands-off approach. The outcome of the election could be pivotal for the future of crypto regulation and its role in the broader financial system.
Summary
In sum, as the US elections approach, the cryptocurrency market presents intriguing investment opportunities. From established cryptocurrencies like Bitcoin and Ethereum to innovative meme coins like Memebet and Pepe Unchained, there’s a wide range of options for investors as we get closer to a pro-crypto US election. Also, regardless of the election outcome, the pro-crypto sentiment is expected to continue as we netre October, which historically has been a positive month for Bitcoin and the crypto market, which makes this a prime time to enter the market.
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.
