2 days Ago
Following Donald Trump's recent election victory, Ripple's XRP price has gained over 84.5% in the past week, surpassing expectations with its ascent to $1.19 over the weekend—the highest point XRP has seen for three years.
While XRP surprised the crypto community after breaking $1, the young altcoin JetBolt (JBOLT) has captivated blockchain whales and buyers' attention for its presale milestone—selling over 66 million tokens since its launch in August 2024. Could a Trump administration with a crypto-friendly stance propel XRP's price to $5? And what’s fueling the growing whale traction on the fresh entrant JetBolt? Let’s dive into these latest developments on XRP and JetBolt. XRP Crosses $1: Is a $5 Surge Possible Under Trump’s Leadership? Two weeks after the US elections, XRP finally broke the $1 mark, reaching $1.
19 over the weekend—the highest level XRP has seen since its bullish rally in 2021. XRP is trading at $1.13, as of late.
XRP's recent surge sparked murmurs that it could surpass its all-time high (ATH) of $3.40, achieved in January 2018. Some analysts are optimistic that XRP could climb to $5 under Trump's administration.
During his campaign, Trump pledged to fire SEC Chair Gary Gensler, who oversaw the Ripple-SEC case for four years. This move fueled speculations about the potential withdrawal of the case if a crypto-friendly chair were to replace Gensler. A pro-crypto regulator could also mean a higher chance of approval for XRP spot ETFs.
If approved, this could give XRP exposure to new investors and potentially help drive its price up. Despite market optimism about whispers of a change in SEC leadership, there have been no official confirmations of Gensler's removal from office yet. XRP reaching $5 may not be within reach as of now.
Technically, XRP needs to break above the crucial resistance level at $1.25 to trigger a rally. If bullish momentum persists, analysts believe sustained gains beyond the $2 mark could open the door for XRP's $3 pump.
However, XRP may only witness such price appreciation if other market conditions remain favorable. While XRP shocks the crypto community with its comeback at $1, JetBolt stuns market watchers with its soaring presale. Since its inception in August 2024, JetBolt has sold an impressive 66 million tokens—a huge feat for a young altcoin.
So, what’s behind JetBolt’s stellar presale figures? JetBolt boasts groundbreaking innovations that could have drawn blockchain whales and crypto buyers to its ongoing presale. One of JetBolt’s standout features is zero-gas technology, which allows crypto users to make transactions without paying hefty gas fees—one of the long-standing barriers to crypto adoption. JetBolt’s zero-gas tech feature not only empowers users but also benefits developers.
It opens the door to innovation and efficiency, as developers no longer have to worry about paying expensive gas fees to build a wide range of blockchain applications. Another cutting-edge feature of JetBolt is its fun and user-friendly crypto-staking platform. Stakers can earn crypto passively by staking their tokens and have the opportunity to earn more by connecting and engaging with friends and contacts on the platform.
Aside from revolutionary features, whales and buyers are accumulating JBOLT tokens because of JetBolt’s exclusive and exciting presale perks. Early buyers can get up to 25% additional tokens by purchasing Alpha Boxes or buying JetBolt tokens in batches. As excitement builds, JetBolt’s remarkable presale numbers signify the growing interest of buyers in next-gen altcoins with state-of-the-art features.
XRP could potentially see further price gains under Trump's administration, bolstered by the president-elect’s crypto-friendly stance. However, the path to reaching $5 may not be smooth sailing. Meanwhile, JetBolt shines as one of the young altcoins to watch this 2024 and beyond, with its surging presale and innovative features that bring a fresh perspective to Web3 innovation.
Official Website: jetbolt.io Telegram Channel: https://jetbolt.io/telegram X/Twitter Page: https://x.
com/JetBoltOfficial This write-up does not offer any financial advice. Always practice caution and conduct thorough research before acquiring any cryptocurrency. All crypto assets are inherently risky and can be very unpredictable.
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