Crypto buyers in 2024 are carefully studying the landscape, considering whether to double down on older generation tokens like Ripple (XRP) and Solana (XRP) or to look for newer coins with better prospects. XRP experienced modest growth in 2024, while Solana enjoyed early success and a more recent 7.8% price decline this month. A noticeable new trend amongst Ripple (XRP) whales and Solana (SOL) holders is that they have been zooming into the new coin JetBolt (JBOLT) as it garners appeal and interest from the Ripple community.
Ripple (XRP) has faced numerous challenges in 2024 which have had a noticeable impact on its price. Ripple holders have been through a rollercoaster of emotions, as XRP oscillated between peaks above $.07 and lows reaching a minimum of $0.45. Crypto analysts have attributed these price movements to the uncertainty surrounding XRP, as well as due to Ripple’s ongoing legal battles in key jurisdictions. Over the last few days however, Ripple (XRP) coin price climbed by less than 10%, offering some respite to holders.
Coindesk researchers point to Grayscale’s recent XRP trust as one of the positive indicators which could be behind this renewed bullish price move. However, XRP selloff fears appeared after Ripple chairman recently moved 50 million coins.
XRP whales with deep pockets have been on new coin-buying sprees, and JetBolt (JBOLT) coin has received more interest than others. Over the past few days, XRP holders have been accumulating a proportionally large number of JetBolt (JBOLT) coins as they show their optimistic interest towards this AI and futuristic coin. Crypto whales in the XRP holder base and community are realizing the appeal of JetBolt, and are quietly amassing JBOLT tokens at advantageous early rates before the coin gains massive wider popularity.
Discussions and speculation on the topic of XRP price predictions vary depending on the bullish or bearish outlook of specific analysts. Several researchers have issued positive prognostications on Ripple (XRP), with a pattern known as an “Elliott Wave” continuing to unfold.
MoreTrading research has observed a sideways price consolidation, noting a $0.618 extension target for the C wave with the possibility for a further price breakout in the event of a recovery and an increased level of interest in Ripple (XRP). Although corrective price action, more bearish pundits advise that it may be too early to tell and that U.S. Federal Reserve interest rate news could lead to increased XRP price volatility.
Solana (SOL) coin holders are eyeing possible diversification into new coins as they wonder whether SOL can replicate earlier success. Pushed up by the meme coin craze which has since cooled, Solana (SOL) price has struggled to maintain a long-term upward trajectory and was one of the few top 10 cryptocurrencies to experience a price contraction in the last 24 hours. Technical indicators remain unclear according to SOL price analysts and remain murky at best.
Solana’s price pump in early 2024 is widely attributed to the rise in popularity of meme coins deployed on the SOL chain. As the underlying crypto used to buy and trade many new meme tokens, Solana (SOL) price rode on the meme coin wave to success, but as meme coin trending cools, large Solana holders are looking for the next crypto wave to ride.
On-chain activity shows several large Solana whales exploring AI crypto coins, with JetBolt (JBOLT) in particular gaining the most interest. As the demand for coins in new high-potential segments, large crypto investors are increasingly excited and bullish on JetBolt (JBOLT).
Following gains earlier in the year, September 2024 has been a relatively stagnant period for crypto titans Ripple (XRP) and Solana (SOL). During this uneventful period for XRP and SOL, Ripple whales and large Solana crypto holders have been keeping busy, exploring coins with more future potential. Amongst these, JetBolt (JBOLT) coin is fast gaining new holders and buyers from within the XRP community and SOL holder base ranks. JetBolt momentum grows louder with each day, and XRP whales are pouring in, hoping to buy JetBolt (JBOLT) coins before the next price increase.
Information about JetBolt (JBOLT) coin can be found by visiting links below:
JetBolt Official Website: jetbolt.io
JetBolt Telegram: https://jetbolt.io/telegram
JetBolt X (Twitter): https://x.com/JetBoltOfficial
Ethereum, one of the most widely used blockchain platforms, has faced increasing scrutiny over its…
After Donald Trump returned to office with a pro-crypto stance, crypto deal-making has exploded in…
The Supreme Court recently dismissed a petition filed by WazirX users following the platform’s major…
Dankrad Feist, a researcher from Ethereum, has unveiled a four-year plan to increase the blockchain’s…
Nexo has officially reentered the U.S. market, offering high-yield crypto savings accounts, asset-backed credit lines,…
Governments around the world continue to play an important role in the crypto space. However,…
