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Cryptocurrencies Price Prediction: Solana, Dogecoin & Ethereum – American Wrap 20 January

Solana Price Forecast: Are US traders dumping Bitcoin and XRP for SOL?

Solana (SOL) price stabilized near the $250 support level on Monday, having declined 10% from its all-time high over the last 24 hours. 
On-chain data trends show that positive speculation on potential altcoin ETF approval and volatility triggered by Trump’s memecoin launch saw SOL become the most in-demand asset among US investors. Will the SOL price advance above $300 or retrace toward $200? 

Dogecoin traders jittery as Elon Musk’s DOGE faces possibility of lawsuit with Trump’s inauguration

Dogecoin (DOGE) rallies nearly 5% on Monday as crypto tokens gain momentum ahead of Donald Trump’s inauguration event. The Washington Post uncovered a lawsuit likely to be filed against Elon Musk’s Department of Government Efficiency (DOGE) as soon as the President-elect takes office. 

Ether drops to four-year low against bitcoin as trump seen boosting largest cryptocurrency

Ether (ETH) slumped Sunday to its lowest level against bitcoin (BTC) since March 2021 as the world’s second-largest token extended losses against its larger rival.

 
 

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