Missed Out on the XRP Rally? These Two Projects Could be Next
The post Missed Out on the XRP Rally? These Two Projects Could be Next appeared on BitcoinEthereumNews.com.
Although a breakout was already brewing on the charts, Ripple (XRP)’s 400% explosion took many by surprise. Investors who were left sidelined are now looking into projects that have just started rising or are gearing up for the next massive leg up. While Pepe (PEPE) is an obvious choice, Lunex Network could vastly outperform it thanks to its magnitudes lower market cap, and significantly greater room for growth. Let’s dive deeper! Ripple Is Cooling Off After Memorable Rally Donald Trump’s victory in the US presidential elections has reignited investor sentiment and the market reacted immediately, with Ripple (XRP) leading the surge. Ripple in a single uninterrupted move from $0.55 to $2.80 in a matter of weeks. However, at the peak, selling pressure intensified, forcing a pullback. Today, Ripple trades at $2.47 following a 7.5% intraday increase. The worst has now passed for Ripple, as years of ongoing legal battles with the SEC have tanked morale and suppressed the XRP price. With reports of a settlement being finalized between Ripple Labs and the SEC. And the highly-anticipated release of the proprietary stablecoin, RLUSD, Ripple is now the star of the show. Pepe Is Teasing An Imminent Breakout Pepe (PEPE) is currently among the hottest meme coins and has dominated the landscape for the past year while minting its fair share of millionaires along the way. In November, Pepe rose by a staggering 115% and reached a new all-time high of $0.0000248. Shortly after, it entered a consolidation phase where it found support around the $0.000020 mark. As buyers quickly stepped in to take advantage of the discount. At the time of writing, Pepe sells for $0.0000222 with an 8.5% daily increase. Analysts agree that Pepe is just getting started. UnknownTrader has shared a chart reading showing that Pepe has broken out…
Filed under: News - @ December 9, 2024 5:23 am