Crypto observers are eyeing XRP, Solana, and JetBolt, wondering which they should stock up on ahead of the U.S. Presidential election. Many in the crypto community are speculating that a victory by Donald Trump may trigger a breakout for XRP. On the other hand, banking giant Standard Chartered’s digital asset chief Geoffrey Kendrick expressed optimism that Solana (SOL) may see a spike if Donald Trump wins the election. Meanwhile, new entrant JetBolt (JBOLT) fuels the scene with even more excitement with its presale splash, thanks to its Zero Gas technology and user-centric ecosystem.
With all that buzz surrounding the US election, which altcoin are buyers rushing to buy? Let’s dive deeper into everything XRP, Solana, and JetBolt..
XRP Breakout Speculation post election
Crypto regulation has emerged as a key issue in the 2024 U.S. elections, and this could particularly impact XRP. Both candidates have laid down their differing stances on digital assets. Donald Trump’s expressed interest to turn the US into the “crypto capital of the planet”, and has positioned himself as a strong crypto advocate.
In light of Ripple’s on-going battle with the SEC, XRP fans hope a Trump win could lead to an easing of regulatory restrictions and more favorable market conditions for Ripple. Previously however, XRP’s Co-Founder Chris Larsen endorsed Trump’s rival Kamala Harris. This perplexing move has left many questioning why, with some viewing this as a form of hedge on Larsen’s part.
As of press time, XPR trades at $0.5048, while technical indicators suggest XRP’s volatility may continue. Although recognized in the market for facilitating cost-effective, cross-border payments, the token’s 14-day RSI of 46.89 highlights that there is no significant bullish activity as election results near.
As this happens, the revolutionary presale altcoin, JetBolt, continues to draw attention from whales. As the US election unfolds, crypto whales are exploring the field for new players, focusing on next generation cryptocurrencies.
Can Solana Surge 400x if Donald Trump Wins?
In breaking Solana news, Geoffrey Kendrick, Digital Asset chief of Standard Chartered Bank, mentioned in a research note this week that a possible win by Trump may potentially push Solana up by as much as 400x. He likewise mentioned that a Solana exchange-traded fund (ETF) is more likely to happen under the Trump Administration.
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While Kendrick expressed optimism, Solana (SOL) has been trading downwards this week, losing 10.6% in the last 7 days alone. Currently trading at $161.51, Solana needs to break out of its current trajectory for its price to soar.
While Solana may be experiencing a short term glut, it still remains relevant. With an efficient platform for decentralized apps (dApps) and decentralized finance (deFi), much of Solana’s recent growth has come from meme coins on its blockchain. For Solana to surge post-election, demand may need to come from new areas including institutional adoption for SOL.
However, caution is still warranted due to Solana’s volatility at key resistance levels. Meanwhile, as the search for top new altcoins intensifies, JetBolt’s Zero Gas experience makes this new crypto an exciting choice for crypto whales and Web3 users.
Jetbolt the New Contender on the Rise
While XRP and Solana continue to hinge their momentum on the outcome of the US elections, JetBolt (JBOLT) actively marches into the field armed with its impressive features and technological advantages that are causing a stir among crypto enthusiasts.
With its Zero Gas technology powered by Skale Network, JetBolt stands tall as a disruptive revolutionary newcomer.
On the staking front, JetBolt has changed the landscape with its intriguing and rewarding staking mechanism that rewards staking users while integrating an element of Web3 social connectivity.
JetBolt’s rapidly growing presale is attracting crypto whales and a wide range of blockchain buyers. With its exclusive Alpha Boxes, buyers are given perks of up to 25% additional JetBolt tokens for batch purchases.
With over 42 million tokens sold, Jetbolt’s presale fever is spreading far and wide. Thanks to its innovative features and technological efficiency, it continues to secure a spot in the limelight, often reserved for the industry’s big altcoin players.
Conclusion: Whales Explore XRP, Solana, and JetBolt as Elections unfold
As the US Elections draw to a close, it is indeed worth watching and studying the winning party’s impact on the entire crypto market. Players like Solana and XRP hope to gain favor and emerge stronger, aspiring to surge in adoption. In the midst of all these, JetBolt powerfully paves the way for new altcoin players to excitingly draw in crowds of whales and buyers. While Solana and XRP remain highly watched coins in this election season, attention continues to turn to next generation altcoins like JetBolt and what makes them revolutionary.
Discover more about JetBolt by:
Visiting the Official JetBolt Website: https://jetbolt.io/
Following JetBolt on X/Twitter: https://x.com/jetboltofficial
Joining JetBolt’s Telegram Community: https://t.me/jetboltcoin
Please note that the above article is not financial advice. All cryptocurrencies, whether coins or tokens, comprise a number of risks, and one must exercise caution and do due diligence before engaging in any crypto activity.
