XRP Rallies Amidst Approval of Ripple’s RLUSD While JetBolt Continues to Soar

December 13, 2024
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4 min read

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XRP surged to $2.48, before consolidating at $2.33, after Ripple’s RLUSD stablecoin secured NYDFS approval, signaling fresh momentum for the embattled token. While XRP’s rally fuels optimism, its path remains fraught with regulatory hurdles and liquidity concerns. On the other hand, JetBolt (JBOLT) is riding the wave of its presale success. Powered by zero-gas technology and a fully operational ecosystem, JetBolt has captivated crypto whales who are snapping up tokens at lightning speed. 

As Ripple navigates regulatory waves, XRP’s recent rally suggests the token isn’t ready to sink just yet. Is XRP finally regaining its spark with Ripple’s RLUSD approval? What’s fueling JetBolt’s surge? Let’s explore XRP’s rebound and JetBolt’s meteoric rise, uncovering how these coins are dominating the headlines and reshaping the market landscape.

XRP’s Momentum Boost: Ripple’s RLUSD Approval and the Path Ahead

Breaking news for Ripple’s XRP as the approval of Ripple’s USD-backed stablecoin, RLUSD, by the New York Department of Financial Services (NYDFS) has ignited fresh market optimism. XRP is currently priced at $2.33, stabilizing after a stunning 255% rally this month. At over $134.1 billion in market capitalization and $9.9 billion in daily trading volume, XRP remains the fourth largest cryptocurrency. 

Technical analysis also highlights resistance at $2.80 and support at $1.90. A breakout above $2.80 could lead XRP to test its yearly high of $2.86, while failure to maintain momentum may trigger a retest at $2.20.

The approval of RLUSD positions Ripple to compete with major stablecoins like USDT and USDC while boosting XRP’s liquidity and cross-border payment use cases. Additionally, Ripple’s RLUSD approval sparks projections from fans, with one X user predicting XRP to reach $5,000. However, other token holders remain realistic, pointing to XRP’s commitment to low transaction fees as a barrier towards this milestone.

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X post by KingXRP (@MRKingXRP) claiming Ripple’s RLUSD could push XRP to $5,000, with a reply by JB (@Jbennett79) questioning the feasibility of this target

X post by KingXRP (@MRKingXRP) claiming Ripple’s RLUSD could push XRP to $5,000, with a reply by JB (@Jbennett79) questioning the feasibility of this target

Ripple’s RLUSD stablecoin, supported by U.S. Treasury bonds, is seen as a catalyst for XRP’s growth, enhancing its ecosystem and credibility. However, risks persist, with waning short-term trading volumes and regulatory uncertainties still looming.

XRP’s rally amidst Ripple’s RLUSD approval showcases its ability to regain momentum. For now, the crypto market awaits Ripple’s next moves to see whether XRP can sustain its rally or falter under broader market pressures. Meanwhile, JetBolt (JBOLT) is carving its own path in the crypto market with cutting-edge technology, blazing-fast transactions, and an ecosystem that’s already turning heads during its presale.

JetBolt Soars: Elevating Crypto Innovation with JBOLT’s Zero-Gas Brilliance

JetBolt (JBOLT) continues to dominate headlines with its groundbreaking technology and remarkable presale performance, attracting whales and blockchain enthusiasts alike. Since its launch, JetBolt’s presale has been turning heads, resulting in over 150 million tokens—and counting—already snapped up. These stellar numbers signal a tidal wave of excitement as JetBolt’s zero-gas innovation electrifies the crypto landscape.

Made possible through the Skale Network, JetBolt’s zero-gas technology eliminates the need for costly gas fees, providing users with an efficient, affordable, and seamless blockchain experience. This revolutionary feature also unleashes a flood of untapped creativity in dApps, blockchain gaming, SocialFi, and the vast frontier of Web3 innovation by shattering the traditional gas-cost barrier that often acted as a big hurdle.

But the innovation doesn’t stop there. JetBolt amplifies its platform's utility with a cutting-edge AI-powered crypto tool, delivering the latest, AI-curated crypto news and market data to empower users and help them stay a step ahead of the ever-evolving crypto space.

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And to turn it up a notch, JetBolt’s easy-to-earn staking system transforms engagement into rewards, seamlessly integrated with its user-friendly Web3 wallet. By simply staying active within the ecosystem, stakers unlock rewards that celebrate their contributions, blending effortless usability with a socially-driven experience.

What sets JetBolt’s presale apart is its Alpha Boxes, an exclusive perk that rewards early adopters with up to 25% additional JBOLT tokens for batch purchases. This early-bird benefit, coupled with its already functional ecosystem and daily price increases, has reeled in exceptional interest, particularly from crypto whales eager to explore innovative blockchain solutions while enhancing their holdings from day one.

With whale activity increasing and its presale showing no signs of slowing down, JetBolt’s continuous soaring signals that the crypto world is ready for the revolutionary fusion of cutting-edge technology and user-centric ecosystem—leaving an undeniable mark as a force to be reckoned with in the ever-evolving crypto revolution.

 XRP Rallys Amidst Approval of Ripple’s RLUSD while JetBolt Continues Soar

XRP’s Momentum and JetBolt’s Whale Magnetism

XRP’s rally, fueled by Ripple’s RLUSD approval, showcases its resilience amidst market challenges. Meanwhile, JetBolt’s presale success, with over 150 million tokens sold, is pulling in whale activities thanks to its groundbreaking technology and suite of innovative features. As XRP navigates its regulatory journey and JetBolt soars in its early phase, both altcoins illustrate the ever-shifting dynamics of the cryptocurrency market—one defined by resilience, innovation, and opportunity.

Visit the following links to learn more about JetBolt’s innovative features and ongoing presale:

Official Website: https://jetbolt.io/

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

Remember, this article is not, in any way, financial or trading advice. Any crypto ventures and all crypto tokens are unpredictable—always research thoroughly and/or consult an expert before engaging with any crypto. Mentions of crypto tokens are not endorsements or guarantees of future performance. Proceed with caution and stay informed.

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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