Ripple’s XRP and JetBolt (JBOLT) headline this week's crypto news. After facing a tumultuous week with political developments that triggered price swings, XRP still shows impressive price action.
Additionally, major Korean exchange Upbit saw a massive outflow of XRP, potentially signaling whale activities. Could it be the catalyst for XRP’s $10 spike in the potential crypto bull run?
Meanwhile, young altcoin JetBolt is making significant strides as a next-gen altcoin after it has sold over 100 million tokens since its presale debut. JetBolt garnered more interest from large buyers, as it offers high-tech features like zero-gas technology. Could JetBolt see its token sales soar higher in the next bull run, and can XRP validate price predictions of a $10 climb? Let's find out.
Ripple’s XRP Price Forecast: Is a $10 Price Spike Within Range?
Ripple's XRP is no stranger to resilience, no matter the market developments. After the brief but shocking martial law declaration in South Korea over the past week and the increased selling pressure after its rally, XRP managed to hold above the crucial $2 level.
At press time, XRP is trading at $2.45. In the first week of December 2024, XRP surpassed Tether and Solana's market capitalization to become the third-largest cryptocurrency.
Chart of XRP’s price movement over the past week shows its price hovered around $2.20 to $2.82 based on CoinMarketCap
In a parallel development, a large transfer of 11 million XRP tokens amounting to around $28 million occurred on a major South Korean exchange, Upbit. This has prompted murmurs that Korean whales are accumulating millions of XRP and intensified whispers of whether it could be among the factors that could push XRP's $10 price spike.
However, not everything is rosy. Who is behind the large transfer on Upbit remains unknown. On the technical side, XRP pumping $10 is out of reach yet. With its current price, XRP needs to restore bullish momentum first at $2.80. If XRP manages to close above $3, some analysts suggest this could boost the rally and retest its all-time high of $3.40 recorded in 2018.
Is JetBolt (JBOLT) The Next Crypto Bull Run Rising Star?
While XRP's rise to $10 is not within reach yet, young altcoin JetBolt's (JBOLT) presale is surging ahead of the anticipated crypto bull run. JetBolt has sold over 100 million tokens since its presale commenced, a jaw-dropping milestone for such a young contender in the fast-evolving Web3 space.
JetBolt's blazing start in the market cements its place as a rising star, with whales and buyers rushing to accumulate a piece of this interesting, young token.
Beyond its astounding presale achievement, JetBolt offers groundbreaking features like zero-gas technology. This feature, which allows users to make transactions without the burden of costly gas fees, is also a game-changer for developers. Without the hassles of paying for gas expensive gas fees, developers can build a wide range of blockchain applications, from SocialFi and NFTs to games and more.
"The more, the merrier" at JetBolt's intuitive crypto staking platform. It allows stakers to earn bonus rewards when they connect with friends on the platform. Moreover, JetBolt offers token holders an innovative AI-powered crypto insights tool.
With these cutting-edge features, whales and crypto buyers have started amassing JetBolt (JBOLT) tokens, especially with the anticipated crypto bull run.
JetBolt's presale advantages have also made large buyers more eager to scoop up tokens. Early buyers can get up to 25% extra tokens when they purchase Alpha Boxes or JetBolt (JBOLT) tokens in batches.
Ripple’s XRP Eyes $10 Surge in the Crypto Bull Run as JetBolt Skyrockets
XRP’s potential $10 breakout might be a dream now for long-time holders as technical indicators show bearish signals for the token. As XRP faces a delayed surge, JetBolt sets the stage ablaze with its explosive presale. With 100 million tokens already sold and whales flocking in because of its revolutionary features, JetBolt is a next-gen altcoin to watch ahead of the potential bull run.
Learn more about JetBolt by visiting the official JetBolt website today.
This article does not offer any financial advice. Always conduct thorough and independent research before acquiring any cryptocurrency. Remember, all crypto assets are inherently risky and can be highly volatile.
