Ripple (XRP) Price Records 7% Surge in Recent Bullish Action; Monero (XMR) & InQubeta (QUBE) Aim for Big 2024 Returns
The post Ripple (XRP) Price Records 7% Surge in Recent Bullish Action; Monero (XMR) & InQubeta (QUBE) Aim for Big 2024 Returns appeared first on Coinpedia Fintech News
Diving into the ever-fluctuating world of beginner cryptocurrency, you often find yourself amidst a sea of developments that promise excitement and potential gains. Ripple’s recent 7% surge, Monero’s bullish market indicators, and InQubeta’s aim for substantial 2024 returns are making waves in the crypto sphere. Let’s explore these narratives and navigate the currents of the digital currency landscape.
Ripple (XRP) Registers 7% Surge
Ripple (XRP), a familiar name in the best cryptocurrency game, has made headlines with a strategic move – a significant buyback of approximately 700 million XRP tokens. This maneuver fueled a 7% surge in XRP’s price on December 9, bringing it to $0.69. The buyback is Ripple’s way of stabilizing the XRP market and ensuring liquidity, especially after a broader crypto market recovery.
However, the initial enthusiasm that followed a court ruling declaring XRP not a security has faded. Despite legal clarity, this cryptocurrency for beginners saw its post-ruling gains vanish, underperforming compared to its crypto counterparts. Ripple’s direct sales and On-Demand Liquidity (ODL) customer activities on exchanges shape XRP’s market dynamics. The observed decrease in circulating supply highlights Ripple’s efforts to counter potential price depression caused by ODL customer sales, revealing the intricate dance of factors influencing crypto prices.
As the crypto market regains footing, Ripple’s strategic moves reflect a commitment to instill confidence and stability in its investor community.
Monero (XMR): Navigating Bullish Territory
Shifting our focus to Monero (XMR), this privacy-focused digital asset has flipped the $160 psychological price level to support, signalling a bullish sentiment. Sustained buying pressure and favourable market conditions have contributed to Monero’s resilience, reflected in its current price range of $160 to $176.
With a 10-day Moving Average of $172.66 and a 100-day Moving Average of $157.99, Monero presents a bullish trend. Support levels at $134.37 and $150.73, along with resistance levels at $183.45 and $199.80, paint a picture of a currency with significant growth potential. Challenges such as regulatory scrutiny and market competition loom, but Monero’s unique value proposition as a privacy coin positions it as a good crypto to buy.
InQubeta (QUBE) Aim for Big 2024 Returns
Amidst the surges and shifts in established cryptocurrencies, InQubeta (QUBE) emerges as the best new crypto to invest in, capturing the attention of investors with its pioneering role as a crypto crowdfunding platform. The demand for InQubeta is surging, driven by its ability to facilitate fractional investing in AI startups through QUBE ERC20 coins.
InQubeta (QUBE) introduces a novel investment opportunity. With a 2% tax on buy/sell transactions going to a burning wallet and a 5% tax contributing to a reward pool, the project encourages token owners to stake. This unique approach and QUBE’s deflationary nature add to its market demand.
The InQubeta presale is now in Stage 6, with QUBE tokens priced at $0.01925. The project has already raised over $6.7 million, with more than 630 million tokens in the hands of early investors. The next stage, with a token price of 0.0224, is on the horizon. So, the time to get in is before the next increase!
Final Thoughts
In a competitive market, InQubeta (QUBE) shines as a distinctive investment opportunity and the best cryptocurrency to buy now because of its low price and promising prospects. As you’ve explored the recent surges in Ripple and Monero, the potential for big returns in 2024 is a theme that resonates. If you’re considering where to place your bets, InQubeta stands out as a compelling option.
The InQubeta (QUBE) presale is in full swing, presenting a chance to be part of the future of AI investment. Don’t miss out on the momentum – visit their website to learn more or join the community on Twitter. The crypto journey awaits, and InQubeta is paving the way to big returns in 2024.
Filed under: Bitcoin - @ December 16, 2023 12:01 pm