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Cryptocurrency News Articles
Crypto Whales Quietly Load Up on XRP, Kaspa, Dogecoin, and JetBolt as Market Dynamics Continue to Shift
Feb 06, 2025 at 03:46 am
As the week unfolds, the crypto market is feeling the pulse of change. XRP holds steady at $2.60, weathering the storm of regulatory uncertainty with quiet resilience.
Crypto whales, known for their massive crypto holdings and market influence, are quietly accumulating XRP, Kaspa, Dogecoin, and JetBolt, as revealed by recent on-chain data. But why are these specific coins piquing the interest of crypto whales? Let’s take a closer look at each coin and explore the factors driving their appeal among the crypto elite.
1. XRP: Unfazed by Regulatory Battles, Large Holders Hold Ground
Despite a slight decrease in XRP's price last week, on-chain metrics indicate that large holders are not budging. Payment volume and active addresses on the XRP Ledger have remained largely stable. This stability suggests that major XRP holders are maintaining their positions, unfazed by the ongoing SEC lawsuit against Ripple.
As the SEC considers changes to its cryptocurrency enforcement approach, a possible reassessment of its legal position in the Ripple case could be on the horizon. The outcome of this deliberation will likely have a profound impact on XRP and the broader digital asset market.
2. Kaspa (KAS): Scalable Blockchain, Grassroots Efforts Continue
Kaspa's latest milestones, including the v0.16.0 release, are turning heads and driving zainteresowanie. This update brings optimizations that reduce CPU, storage, and RAM usage for node operators, improving performance and efficiency.
Parallel Muhash and faster transaction processing are also key highlights, along with a 15-minute Initial Block Download (IBD) time. These enhancements aim to make Kaspa more accessible and scalable for a wider range of users.
Now ranked #44 by market cap, Kaspa's growth is evident. With over 80 merchants and 32 Ambassadors globally, its grassroots efforts continue to drive organic engagement. A strong focus on expanding community outreach and educational initiatives is also at the core of Kaspa's strategy.
As 2025 unfolds, Kaspa's key developments and road maps suggest that this PoW altcoin will continue to strengthen its presence, providing valuable resources and support for its global ecosystem.
3. Dogecoin (DOGE): Grayscale Boost, Institutional Appeal Grows
Dogecoin's recent rally is gaining steam with Grayscale's launch of the Dogecoin Trust on an X. This move marks the first time a major crypto asset management firm has offered a product for a meme coin.
Accredited investors can now gain exposure to DOGE without dealing with private key management. This development is crucial for expanding institutional interest in Dogecoin, as it provides a convenient and regulated way for large investors to enter the market.
To further stoke the dogefire, Grayscale has also filed for a Dogecoin spot ETF, aiming to give institutional investors access to DOGE in an exchange-traded fund format.
4. JetBolt (JBOLT): Zero-Gas Technology, SocialFi Staking, and Presale Hype
JetBolt is rapidly emerging as a force to be reckoned with in the crypto space, capturing the attention of both new blockchain users and veteran crypto whales. With its sleek, easy-to-use platform and cutting-edge technology, JetBolt offers a fresh take on the typical altcoin.
This trailblazer's standout feature—Zero-Gas Technology—addresses the major issue of high gas fees in the blockchain world. By eliminating gas fees, JetBolt streamlines blockchain interactions, reducing friction for crypto users and making it easier for developers to build diverse Web3 applications without the financial burden of rising gas expenses.
JetBolt also blends blockchain technology with artificial intelligence—integrating an advanced AI-powered utility that aggregates popular crypto news, Web3 stories, and crypto content based on market sentiment. At the same time, this smart feature showcases the market's top-performing coins, which can be easily accessed through JetBolt's daily newsletter.
What sets JetBolt apart even further is its innovative approach to staking. The upstart crypto coin doesn't just simplify staking—it takes it one step higher. By integrating a social aspect, JetBolt rewards staking users who actively engage with the platform, offering additional tokens for those who participate more.
With its presale phase offering up to 25% extra tokens through Alpha Boxes and batch purchases, JetBolt has magnetized blockchain enthusiasts from around the globe. Over 310 million tokens have already been snapped up—a clear indication that crypto whales are buying up JetBolt, viewing it as one of the strong contenders in the crypto space.
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- Ripple Locks 700 Million XRP in Escrow: A High-Stakes Gamble or a Strategic Shield?
- Feb 06, 2025 at 10:56 am
- Ripple's decision to lock 700 million XRP into escrow serves as a robust strategy to stabilize its token amidst market volatility. This move, by limiting the available supply of XRP, aims to prevent a free-fall in its value.
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- XRP, SOL, DOGE Price Analysis: Key Levels to Watch as the Market Takes a Turn
- Feb 06, 2025 at 10:46 am
- XRP's price has plummeted below the 50 EMA, which frequently serves as a crucial support for bullish momentum. Solana (SOL) is at a turning point with its price hovering just above $200. Dogecoin is approaching a turning point as it approaches the 200 EMA
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- Dogecoin (DOGE) Price Prediction: DOGE Might Still Hit $10 This Cycle, Here's the Timeline
- Feb 06, 2025 at 10:46 am
- Dogecoin is still reeling in losses after a crazy 40% decline at the start of the week. Although it has since recovered a bit, Dogecoin is still on a 20% loss in a seven-day timeframe at the time of writing.