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Cryptocurrency News Articles

XRP, AVA and XLM Leading Altcoin Rally – Emerging Meme Coins Stealing The Spotlight

Nov 28, 2024 at 09:00 pm

Following yesterday's correction that saw Bitcoin plunge over 6% and test support below $92K, the market has shown strong recovery signals.

XRP, AVA and XLM Leading Altcoin Rally – Emerging Meme Coins Stealing The Spotlight

As Bitcoin (BTC) recovers from yesterday’s market correction, which saw the coin drop over 6% and test support below $92K, the market has shown strong recovery signals.

Today, BTC has reclaimed the $96K level and triggered a rally for altcoins like XRP, AVA, and XLM. Stellar led the charge with a 11.5% increase, followed by Avalanche (AVA) with a solid 7.4% uptick, and Ripple (XRP) logged a respectable 5.7% increase.

However, these altcoins might bring more profits in the days to come, but they won’t be able to match the ROI potential of the presale market.

For example, projects like Pepe Unchained ($PEPU), CatSlap ($SLAP), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and FreeDum Fighters ($DUM) are getting a lot of attention right now.

Let’s dive into the details.

What Does The Future Hold For XRP, AVA and XLM?

XRP is currently priced at $1.46 and is hovering near the upper trendline of a symmetrical triangle.

This pattern often signals a potential breakout, which could lead to strong price movements. If XRP can push past the upper trendline, it may rise toward $1.62 and possibly even reach $2.

A previous breakout from a similar pattern saw XRP jump by over 37%, so there’s a chance history could repeat itself. However, XRP needs to hold above $1.35 to maintain its bullish momentum and avoid a potential decline.

On the other hand, Binance says that AVA is expected to hit a high of $0.60 by November 30, 2024. This would mark a 2.25% increase from its current value. This follows a 30% price change over the past week.

XLM has seen a rise of 11.5%, with the token currently sitting at $0.49. It recently broke free from a descending triangle pattern at $0.45, pushing it into a key resistance zone between $0.49 and $0.51.

If XLM can break through this resistance, the next major target could be $0.64, representing a 23% gain from where it stands now. However, a brief pullback is also possible.

That said, these coins have been volatile, and their future remains uncertain.

Diversifying your portfolio by exploring promising presales like Pepe Unchained ($PEPU), CatSlap ($SLAP), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and FreeDum Fighters ($DUM) could be a good idea.

Pepe Unchained ($PEPU) Passed $56 Million In Presale Funds – Promising Future For This Layer-2 Project?

Pepe Unchained ($PEPU) mixes the fun of meme coins with the speed of Layer-2 blockchain technology.

Legendary “Pepe the Frog” meme inspired this project and it tackles common problems seen with regular meme coins, like slow transactions and high fees.

At the core of Pepe Unchained is the Pepe Chain, a Layer-2 blockchain built on Ethereum, designed to offer faster transactions than the Ethereum mainnet.

The presale has already raised over $56 million, a huge achievement considering that the presale’s been live for only a couple of months.

Pepe Unchained also introduces features like “Pepe’s Pump Pad,” where users create their own meme coins, and “Pepe Frens With Benefits,” which encourages developers to build decentralized apps on the Pepe Chain.

The token has caught the attention of 99Bitcoins, a YouTube channel with over 700,000 subscribers, who foresee a 100x return in $PEPU.

For latest updates, follow Pepe Unchained on X and Telegram.

CatSlap ($SLAP) – Meme-Based ICO Putting A Twist On The Viral Popcat Meme

CatSlap ($SLAP) has grabbed the attention of investors thanks to its impressive early performance. Inspired by the viral Popcat meme, it swaps the pop with a humorous slap.

The token launched with a market cap of $1 million and locked liquidity for 60 days. Soon after, its market cap jumped over $30 million. This quick rise points to the growth in popularity of cat-themed meme coins, especially during the “Moonvember” rally.

$SLAP has also teamed up with Best Wallet, which already has more than 60,000 users. This partnership led to $SLAP being listed on Best Wallets “Upcoming Tokens” section.

Crypto All-Stars ($STARS) – Transforming The Way Users Stake Tokens By Introducing The “MemeVault”

Crypto All-Stars ($STARS) is making it simpler for people

News source:captainaltcoin.com

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