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Cryptocurrency News Articles
XRP Whales Dump Ripple (XRP) for New Crypto JetBolt (JBOLT) as SEC Appeal Looms
Sep 25, 2024 at 11:45 pm
Crypto whales are weighing the chances of older-gen coins like Ripple XRP skyrocketing 1000x or whether new players like JetBolt (JBOLT) will dominate.
Cryptocurrency whales are debating whether older-generation coins like XRP will skyrocket 1000x or if newer coins like JetBolt will dominate.
Despite facing legal pressures that could have crippled other projects, Ripple (XRP) has shown remarkable resilience, surging from $0.45 to cross the critical $0.60 threshold.
This minor resurgence has brought some relief to XRP holders. If XRP can continue its momentum and stay above critical resistance levels, a breakout may be in sight, according to analysts at CoinCodex.
While some analysts remain bullish on XRP based on historical patterns and positive sentiment from recent developments, others caution that external factors—like the SEC’s upcoming last-ditch appeal to Ripple—could heavily influence XRP’s trajectory.
Additionally, the sell-off is still a concern, especially after a large transfer of 50 million XRP by Ripple’s chairman.
Despite showing strong on-chain metrics and surging 9.5% in the last two weeks, experts say XRP exploding 1000x doesn’t seem likely just yet.
However, XRP whales are setting their sights on a new coin called JetBolt (JBOLT).
This new-gen coin is gaining massive popularity, especially among traders looking for highly promising coins beyond traditional crypto giants like XRP.
JetBolt offers innovative features and utility, like zero gas fees and an easy crypto staking mechanism. Many are speculating whether these unique aspects could catalyze JetBolt’s meteoric rise and even outpace XRP’s success during its early days.
Since its presale launch in August 2024, JetBolt has already sold over $170,000, an impressive achievement that has prompted XRP whales to hop on the trend and acquire JBOLT tokens before the next price increase.
Conclusion — Will Ripple XRP Explode 1000x or Will JetBolt Presale Pump?
While Ripple is at a critical juncture, JetBolt is Speeding ahead with undeniable momentum.
As the JetBolt presale becomes the talk of the crypto community, especially XRP whales, this shows hints at the growing interest level for JBOLT.
With XRP’s minor rebound and ongoing legal tussle, the new potential for JetBolt as the next big coin to explode is creating a buzz.
Please be mindful that this piece does not contain any financial advice. Before making any moves, consider the risks and volatility in the crypto space
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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