Ripple's XRP witnessed notable price pumps over the past few weeks. On December 3, 2024, the XRP price reached $2.82, a value last seen in January 2018. XRP's uptrend could be partly fueled by murmurs about the potential approval of RLUSD stablecoin before the year ends. Amidst these shifts, many speculate whether XRP could extend its rally to $5.
Meanwhile, young altcoin JetBolt (JBOLT) is witnessing a spike in whale activity, with its ongoing presale selling over 100 million tokens since its debut. Could there be more details about JetBolt’s presale frenzy that’s waiting to be told? And could XRP finally touch the $5 mark after smashing $2? Let’s find out.
Ripple’s XRP Price Forecast: Can XRP Achieve a $5 Breakout?
After rebounding from its price hovering at $0.60 in October 2024, Ripple's XRP seems to be on track with its recent uptrend. XRP shattered the $2 mark and is trading at $2.64 as of late.
Following its six-year high price surge, XRP has overtaken Tether and Solana to become the third-largest cryptocurrency by market capitalization. XRP's latest market cap sits at $149.9 billion.
XRP’s price chart over the past month shows its surge to a press time price of $2.66, as per the latest CoinMarketCap data
With these positive developments surrounding XRP, could this mean it's en route to hitting the elusive $5 mark? Analysts at U.Today suggest that XRP's price still needs to surpass the psychological $3 resistance level before it can climb higher.
Still, XRP isn’t without its hurdles. Despite positive prospects for the launch of RLUSD stablecoin, emerging market movements and political uncertainties could potentially slow XRP’s ascent.
South Korean President Yoon Suk Yeol's recent declaration of martial law could potentially impact crypto assets like XRP, which are listed on Seoul-based crypto exchanges Upbit and Bithumb.
JetBolt (JBOLT) Witnesses Spike in Presale Whale Activity
While XRP's ascent to the $5 mark potentially stalls, a fresh entrant in the blockchain market emerges as an intriguing next-gen altcoin to watch: JetBolt. Since its presale started, JetBolt has sold over 100 million tokens, a signal of the increasing whale activity on this young token.
Among the factors that could have catalyzed JetBolt's stellar presale figures are its game-changing innovations in the Web3 space. One of its most striking features is zero-gas technology, a revolutionary attribute that allows users to carry out transactions without paying any gas fees.
Beyond this cutting-edge feature, JetBolt streamlines staking with its innovative crypto-staking platform. Stakers have the potential to earn bonus rewards when they connect with friends on the platform.
Aside from these distinctive features, whale traction could also intensify as large buyers flock to JetBolt because of its exciting presale advantages. JetBolt gives early purchasers an exclusive chance to enjoy up to 25% extra tokens when they avail Alpha Boxes or JetBolt (JBOLT) tokens in batches.
With JetBolt’s unique features, we’re getting an idea of why blockchain whales and crypto buyers are eagerly piling in to get their piece of this next-gen altcoin.
XRP Faces Delays on Path Towards $5 as JetBolt Whale Interest Grows
Ripple’s XRP hitting $5 could not be entirely out of reach. However, with the recent market developments and political uncertainties unfolding, XRP would need strong support to push it above $3 and start its bullish run. Meanwhile, JetBolt’s presale milestone signals the growing appeal of blockchain enthusiasts and buyers on next-gen altcoins with game-changing features.
For more of JetBolt’s distinctive features and presale details, visit its:
Official Website: jetbolt.io
X/Twitter Page: https://x.com/JetBoltOfficial
This article does not offer any financial advice. Always conduct in-depth research prior to acquiring any cryptocurrency. Keep in mind that all crypto assets carry inherent risks and can be highly volatile.
