Sponsored

Ripple’s XRP Trades Sideways Losing Less than 1.3% in 24 Hours while XRP Holders Turn to Kaspa and JetBolt

The JetBolt presale is expanding rapidly, and buyers are eager to get their JBOLT tokens before the daily 24-hour price increase throughout the sale period.

Andy Watson By Andy Watson Julia Sakovich Edited by Julia Sakovich Updated 4 mins read
Ripple’s XRP Trades Sideways Losing Less than 1.3% in 24 Hours while XRP Holders Turn to Kaspa and JetBolt
Photo: JetBolt
This content is provided by a sponsor

Ripple’s XRP XRP $2.16 24h volatility: 4.9% Market cap: $125.81 B Vol. 24h: $4.30 B could be on the verge of a major price shift, and crypto buyers are on the edge of their seats. Ripple posted 9.4% gains over the last 14 days following a positive outcome in the SEC vs Ripple lawsuit. However, XRP has been trading sideways for the last 48 hours, as analysts and holders await the SEC’s decision to launch a further appeal.

Many in the crypto community speculate that a new SEC appeal could further thrust XRP’s price down, while positive news in Ripple’s favor could propel the coin’s price up, well past the $0.6 resistance level. As XRP holders play the waiting game, many buyers are turning to other powerful altcoins, rushing to buy Kaspa (KAS) and JetBolt (JBOLT). What are crypto analysts saying about the future of XRP, and which coins are altcoin buyers and whales now bullish on? Let’s explore further.

Ripple Fears of Last Minute SEC Appeal Could Have Major Impact on XRP Price

Ripple has been embroiled in a years-long legal battle with the SEC. This yet to be resolved conflict has substantially hampered XRP’s ability to witness a price breakout, as XRP clocked in a mere 15.4% growth over the last 12 months. Ripple’s XRP is the 7th largest cryptocurrency based on its market capitalization, and institutional adoption of Ripple is growing.

However, compared to other similar altcoins, Ripple hasn’t enjoyed as much growth over the last year, and the price of XRP has even gone down by less than a percent in the last week. XRP observers understand that a new SEC appeal could further drive Ripple’s price down.

Altcoin Buyers and Whales Favor New Crypto Coin JetBolt

As XRP buyers adopt a holding pattern, the altcoin market as a whole is brimming with new potential and growth. JetBolt (JBOLT) has sold over $180,000 and a million tokens in just a few days, as altcoin whales are drawn to the trending coin’s blend of AI and zero gas capabilities. Furthermore, JetBolt also includes other attractive facets, an easy-to-earn staking system, and convenient developer resources.

Coins like JetBolt are regarded as fresh opportunities, drawing in large crowds eager to explore this cutting-edge zero gas crypto. The JetBolt presale is expanding rapidly, and buyers are eager to get their JBOLT tokens before the daily 24-hour price increase throughout the sale period.

Kaspa Experienced 1000x Growth in the Past but KAS Is Not Yet Mainstream

Kaspa’s KAS $0.0962 24h volatility: 1.4% Market cap: $2.49 B Vol. 24h: $101.00 M price ballooned by 1088x from $0.00018860 in June 2022 to $0.205275 in August 2024. That’s a massive 100,000% price pump for Kaspa in a bit more than 2 years. The last 30 days for KAS have been much less rewarding, however, with its price slipping by 5% according to data from CoinGecko.

Although bullish momentum could be on the horizon for Kaspa further down the line, Kaspa’s recent loss of momentum has driven many buyers to explore younger and newer coins like JetBolt. Technical analysis by CryptoSpace suggests that further market bullish moves could lead to a Kaspa breakout should retail demand for KAS grow.

Conclusion: Eager XRP and Kaspa Buyers Jump to Hot New Coins Like JetBolt

XRP is in limbo, with a slightly downward-sloping price as the crypto world awaits a possible SEC appeal against Ripple. Kaspa stunned the crypto world just a few months ago, delivering legendary 1000x plus growth in a bit more than 2 years, but KAS is now in a bit of a slump. While XRP and KAS fundamentals and use cases remain powerful, eager buyers and whales are jumping over to new coins like JetBolt, boasting zero gas and rapidly growing presale expansion. With growing altcoin activity in the crypto market, JetBolt is amongst the trending new coins capturing attention while older giants XRP and KAS await their next price shifts.

For more detailed information on the JetBolt (JBOLT) coin, you can visit JetBolt’s website, check JetBolt’s whitepaper, JetBolt’s Twitter account, and JetBolt’s Telegram channel.

Disclaimer: This article is not financial advice. Cryptocurrencies involve risks due to their inherent volatility, so all readers should do their own research ahead of time.

SEC Crypto News, Sponsored
Andy Watson
Author Andy Watson

Please check out latest news, expert comments and industry insights from Coinspeaker's contributors.

Andy Watson on X