- Jake Gagain is buying XRP, Solana, Tron, SUI, and Ethereum amid the recent market dip.
- Gagain believes XRP will surge once Ripple’s SEC lawsuit ends, while Solana and SUI are trading at deep discounts.
- Ethereum, despite being Bitcoin’s closest rival, is down 62% from its all-time high, making it an attractive buy.
Jake Gagain, a widely followed crypto analyst, has identified XRP as one of the best altcoins to buy during the current market downturn. Many crypto assets are trading at major discounts after Bitcoin dropped to $76K this week, its lowest price in four months.
With the bull market expected to continue for a few more months, analysts believe today’s low prices could present a prime buying opportunity. Gagain shared his top altcoin picks, explaining why he is adding these assets to his portfolio.
Why Gagain is Buying XRP Now
Gagain listed XRP as his top pick, citing the potential for a price surge once Ripple’s four-year-long legal battle with the SEC concludes. Recent reports suggest Ripple is negotiating favorable settlement terms, which could be a major catalyst for XRP. Currently trading at $2.23, XRP has already rebounded 16% from this week’s low of $1.92.
Solana is another coin on Gagain’s list, following a 62% drop from its January high of $295 to $112. He sees this sharp decline as a prime buying opportunity, given Solana’s strong presence in the crypto space.
Beyond XRP and Solana, Gagain is bullish on Tron (TRX), citing its resilience during the market crash and its founder Justin Sun’s close ties with Donald Trump. TRX has only declined 12% in the last 90 days, compared to Solana’s 62% drop.
Gagain is also accumulating SUI, which once surged past $5 in January but now sits at $2.20—a 58% drop. He highlights its rapid growth as a Layer 1 blockchain and notes that Eric Trump is reportedly a holder.
Finally, Ethereum rounds out his list. Despite being Bitcoin’s closest competitor, Ethereum has underperformed, dropping 62% from its all-time high. At $1,862, Gagain considers ETH a steal compared to Bitcoin, which is only 24% below its peak.
