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Cryptocurrency News Articles
Kaspa (KAS), Toncoin (TON), and JetBolt (JBOLT): Which Altcoin Could Soar in the Next Bull Run?
Jan 09, 2025 at 02:00 am
As the potential bull run gathers steam, three altcoins are taking center stage: Kaspa (KAS), Toncoin (TON), and JetBolt (JBOLT).
As the cryptocurrency market gears up for a potential bull run, several altcoins are positioning themselves for substantial price movements. Among them, Kaspa (KAS), Toncoin (TON), and JetBolt (JBOLT) have garnered attention for varying reasons.
In December 2024, Kaspa's price hovered around $0.18, gradually approaching its record-high price of $0.20 set in December 2024. However, recent price movements indicate a potential bearish trend.
After starting the year at approximately $0.11, KAS experienced a slight recovery during January 2-7, where its price rose to $0.12. At press time, Kaspa's price stood at $0.1104, reflecting a significant 10.2% drop over the past 24 hours.
Several factors could have contributed to Kaspa's price decline, including broader economic conditions. According to a recent report by Andrew Hayward and Mat Di Salvo in Decrypt, rising job openings in the US and investors no longer anticipating an interest rate cut from the Federal Reserve in the first half of 2025 have impacted crypto and stock markets.
On the other hand, Toncoin's recent achievement may not have had a direct impact on its price movements. As reported by Godfrey Benjamin of U.Today on January 6, Toncoin recorded a total of 1.55 billion coin transactions, collectively valued at over $100,000.
Such a large volume of transactions could be partially driven by the bullish sentiment surrounding TON. With the surge in activity, potential investors may be showing increased enthusiasm to acquire the crypto asset.
Despite this significant milestone, TON's price seemed to be experiencing a pullback at press time. Currently valued at $5.22, TON had undergone an 8.6% decrease in value over the past 24 hours.
In contrast to both Kaspa and Toncoin, young altcoin JetBolt is making waves with its rapidly expanding presale. Having sold over 250 million tokens, JBOLT is generating interest among blockchain whales and buyers ahead of the potential market rally.
Several features of JetBolt are likely contributing to this strong traction, including its zero-gas technology powered by the Skale network. This technology enables crypto users to conduct gasless transactions, which is crucial in the crypto space where most blockchain transactions typically incur hefty gas fees.
Moreover, JetBolt also leverages cutting-edge AI technology. Using artificial intelligence, JetBolt's dashboard provides curated news, crypto insights, market sentiment of certain cryptocurrencies, and more.
Another key aspect is JetBolt's user-friendly crypto-staking platform. Staking can often be complex, especially for crypto beginners, but JetBolt aims to address this pain point.
Furthermore, this next-gen altcoin makes staking engaging by enabling stakers to earn bonus rewards not just by staking their tokens but also by connecting with friends on the platform.
At the same time, JetBolt offers exciting presale perks for early JBOLT token purchasers. By availing of Alpha Boxes or tokens in batches, buyers can get up to 25% extra tokens.
This concludes our analysis of Kaspa, Toncoin, and JetBolt in the lead-up to the bull run. While each cryptocurrency has experienced unique developments, predicting which altcoins will soar during the upcoming bull run remains a challenging task.
For more information on JetBolt's exciting features and ongoing presale, visit the official JetBolt website today.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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