Why Crypto Whales Are Buying These Altcoins: Kaspa, JetBolt, Solana, XRP

November 13, 2024
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4 min read

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

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Kaspa (KAS), Solana (SOL), XRP, and the rising star JetBolt (JBOLT) have caught the eye of crypto whales and keen buyers alike. Kaspa has seen a stellar 14% weekly gain amid growing excitement over its potential listings. Solana is inching closer to hitting a new all-time high (ATH), with SOL recently jumping above $200. XRP also saw a strong rally, reaching $0.70 after several months of hovering around $0.50. 

While these well-established cryptocurrencies make headlines, a fresh altcoin, JetBolt, is making waves with its presale, having already sold over 56 million tokens—a major milestone for this market newcomer.

Will Kaspa, Solana, and XRP hold onto their momentum? And what’s driving crypto whales to dive into JetBolt's presale? Read on to find out. 

What’s Behind Kaspa’s Rise Above $0.10? 

After several months of hovering around $0.10, Kaspa's notable price gain reignited the interest of crypto buyers. Kaspa was up 14% over the past week, with a current price of $0.1347. 

Analysts suggest Bitcoin's (BTC) breakout since November 5, 2024, may have fueled Kaspa's recent rise as buyers seek other Proof-of-Work (PoW) tokens. Additionally, crypto insiders believe Kaspa could see a breakout if it secures listings on Tier 1 exchanges like Binance and Coinbase. Known for large trading volumes and a wide user base, Tier 1 exchanges could significantly boost Kaspa's visibility and potentially drive up its price.

Can Solana Surpass Its All-Time High Soon? 

Solana's price is currently trading at $205.35, marking a 10.7% increase over the past week. As it inches closer to its peak of $259.96 recorded from 2021, analysts suggest Solana could set a new ATH soon—if bullish momentum continues. 

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This prediction coincided with the latest reports that Solana's total value locked (TVL) surpassed $7.6 billion as of November 10, 2024. This is the highest point the Solana network has seen since December 2021. 

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Experts suggest that with Solana's escalating on-chain activity and a market cap nearing $100 billion, Solana might soon revisit its previous ATH. 

Figure of XRP's 24-hour price action from CoinGecko website

Figure of XRP's 24-hour price action from CoinGecko website

XRP’s Breakout in Early 2025? 

Ripple’s XRP saw its price soar to $0.73 on November 13, 2024, before dropping slightly to its press time price of $0.65. This uptick came on the heels of a market-wide rally amidst Bitcoin (BTC) touching an ATH of $89,864.13 on November 12, 2024. 

XRP has seen moderate growth recently, with some analysts predicting a breakout in early 2025. This potential rally is driven by speculation on the withdrawal of the Ripple-SEC case and the potential approval of a Ripple spot ETF under a crypto-friendly regulatory agency.

During his campaign, Donald Trump pledged to remove SEC Chair Gary Gensler on his first day in office. However, while Trump won the election, no official announcements have been made regarding changes in SEC leadership. 

JetBolt: The Next Big Altcoin on Whales’ Radar?

As crypto whales watch for recent developments on Kaspa, Solana, and XRP unfold, they're also setting their sights on a young altcoin with an impressive milestone: JetBolt (JBOLT). This new entrant in the market has captured the eyes of whales with its early presale achievement—selling over 56 million tokens since its launch three months ago.

READ MORE   Solana Trader Who Turned $1250 Into $50 Million Makes Massive Bet On This 20,000x ROI Ethereum Token Presale

With whales drawn to new coins that offer fresh and advanced features, JetBolt comes as a hot and interesting pick. This young altcoin offers groundbreaking zero-gas technology, which allows users to execute transactions with zero-gas fees. This feature also appeals to developers who can effortlessly build a wide range of blockchain apps without the hassles of costly gas fees. 

JetBolt has many other high-tech features, including an AI-powered crypto news page and a rewarding staking system.

As whales flock their attention to this next-gen altcoin, they're eagerly amassing JBOLT tokens before its next 24-hour price increment during the presale. In addition, early buyers can enjoy up to 25% more JetBolt tokens when they purchase Alpha Boxes or buy tokens in batches. 

With JetBolt’s state-of-the-art features and presale benefits, it’s no wonder whales are scooping up JetBolt tokens, attracted by the opportunity to get in early on what could be a transformative addition to the blockchain space. 

Why Crypto Whales Are Buying These Altcoins: KAS, JetBolt, Solana, XRP

Conclusion — Crypto Whales Are Acquiring Kaspa, Solana, XRP, and New Altcoin JetBolt

Kaspa could see further price gains if upcoming listings and favorable market conditions align. Solana may reach a new high after its recent jump over $200, while XRP’s price trajectory will depend on its regulatory status and other significant factors. As these established tokens traverse along unique paths, JetBolt rises as a young crypto star with its notable presale milestone and a handful of revolutionary features that hooked crypto whales and buyers’ interest.

Learn more about JetBolt here: 

Official Website: jetbolt.io 

Telegram Channel: https://jetbolt.io/telegram  

X/Twitter Page: https://x.com/JetBoltOfficial  

READ MORE   Hackers Snatch $20M from U.S. Crypto Wallet: Traders Respond by Choosing Plus Wallet; Stripe’s $1B Bridge Buy

This article is not financial advice. Always do your due diligence and proceed with caution before acquiring any cryptocurrency. All crypto assets carry risks and can be extremely volatile. 

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

About Brand Press: This is a sponsored content service, enabling brands to directly engage with our technology-focused audience. Please note that Brand Press content is created independently of Techpoint Africa's editorial team.

Interested in reaching our dynamic readership? Connect with us at business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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