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Cryptocurrency News Articles
XRP Eyes $5 Price Target While JetBolt Gains Massive Whale Traction
Dec 03, 2024 at 09:28 pm
Ripple's XRP is on a tear. After witnessing somewhat bearish investor actions and a stagnant price movement after revisiting the $1 mark, XRP is again hitting the green on the price charts.
As Ripple’s XRP and JetBolt (JBOLT) tokens stand to gain from an anticipated crypto bull run, here’s a closer look at XRP’s price movements and how it could fare against its $5 price target, while also examining JetBolt’s rise with its presale and what could be driving blockchain whales to the token.
With the US elections behind and market-wide crypto gains already in full swing, XRP is now joining the party, buoyed by fresh and favorable market developments.
While XRP’s late arrival to the crypto rally is finally pushing it into the green, another young altcoin is blazing ahead of the potential bull run with its explosive presale.
Having sold more than 100 million tokens since its debut, JetBolt (JBOLT) is making waves in the crypto community. Its groundbreaking feature, zero-gas technology, is capturing massive whale interest.
As the bull run gathers steam, could JetBolt reach new heights in presale figures, and can XRP record a fresh all-time high at $5? Let’s find out.
XRP Price Forecast: Is XRP Heading Towards a Long-Awaited $5 Breakout?
After hitting the $1 mark and showing somewhat bearish investor actions and a stagnant price movement, XRP is again hitting the green on the price charts.
Over the past 24 hours, XRP’s 6% rise seems to be a continuation of its rally, which started on December 2. At press time, XRP is trading at $2.58—a value that the third-largest cryptocurrency has only seen after six long years.
XRP’s 24-hour price chart shows its notable price pump over $2.80 on December 3, 2024 — source: CoinMarketCap website
With its bullish charge, is XRP en route to the $5 mark? Technically, XRP needs to keep its upward trajectory above $2.58. A successful hold above this level could push a rally to a high of $3.57.
In summary, XRP smashing $5 is not impossible. However, the cryptocurrency would need to maintain current buying momentum alongside other favorable market conditions.
Despite positive prospects for the RLUSD stablecoin, New York’s Department of Financial Services has not officially confirmed its approval yet.
XRP would also need to overcome the challenges that would reflect in its on-chain metrics, stalling its climb to $5.
Is JetBolt (JBOLT) The Rising Star of the Next Bull Run?
While XRP’s target to register a fresh ATH at $5 could face delays, JetBolt (JBOLT) is surging ahead of the anticipated crypto bull run.
This hot market newcomer has sold over 100 million tokens since its presale commenced—a herculean milestone for such a young presale coin.
Behind the narrative of growing whale interest in JetBolt are its real and innovative features that challenge the status quo.
While clogged blockchain networks could sometimes charge hefty gas fees in transactions, JetBolt offers game-changing zero-gas technology. This high-tech feature enables users to carry out hassle-free and gas-free transactions, bringing down the traditional barrier of expensive gas costs.
Beyond seamless transactions, JetBolt takes the complexity out of staking tokens with its easy-to-use crypto-staking platform. It also adds a layer of excitement to staking by giving stakers a chance to earn bonus rewards when they connect with friends on the platform.
Moreover, JetBolt taps the potential of merging blockchain technology with AI. JetBolt provides token holders with crypto news and blockchain trends via its AI-powered tool.
Aside from these cutting-edge innovations, JetBolt could be pulling in whales and crypto buyers to its exciting presale because of presale advantages. Early movers could get an exclusive chance to enjoy up to 25% extra tokens when they purchase Alpha Boxes or acquire JetBolt (JBOLT) tokens in batches.
As whales flock to accumulate JBOLT, the presale frenzy indicates growing confidence in its capability to shine among other coins in the next bull run.
Conclusion — XRP Eyes $5 Price Target While JetBolt Gains Massive Whale Traction
Ripple’s XRP has been witnessing an impressive run lately, bolstered by positive market developments. While it is not impossible, it could take a while for XRP to smash $5.
Meanwhile, fresh entrant JetBolt’s electrifying rise is hard to ignore. Bursting onto the crypto scene with a presale that has sold over 100 million tokens, JetBolt continues to gain interest from blockchain whales seeking revolutionary next-gen altcoins.
Learn more about soaring token JetBolt’s features and ongoing features by visiting its:
Note: This written piece offers no financial advice. Always practice caution and conduct thorough research before acquiring any cryptocurrency. All crypto assets are inherently risky and can be highly volatile.
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