The post Why Cardano (ADA), Ripple (XRP), Toncoin (TON) are Surging as Next-Gen Star JetBolt Rises Fast appeared on BitcoinEthereumNews.com.

What’s causing these major altcoin price surges? Let’s explore the latest Cardano, XRP, Toncoin and JetBolt developments in the crypto market. Cardano is pushing its way back to the top 10  Cardano has been playing it cool and green over the past week, and today has been one of its best recent performances. Surging above $0.36 with an increase of 7.8% price increase in the last 24 hours, ADA investors and traders are watching the coin’s price closely, hoping for ADA to increase nearer to the $0.5 price level. Some crypto analysts point to Cardano’s behavior as they track the ADA’s RSI. They suggest that this metric could indicate “a pump, a pump then retrace” pattern for ADA which could possibly catapult its way back to the top 10 spot in the chart by market cap. Will a Trump Presidency impact XRP price movements?      XRP holders are sighing with relief, as Ripple’s key token makes its way back into the green. Following a 4.3% price increase today, XRP now trades between $0.525 and $0.54 at time of writing. Some speculate that Ripple could benefit from a Trump presidency, citing possible regulatory changes that could potentially impact the coin’s future. The market capitalization of XRP still stands at over $30 Billion as of press time, indicating its relevance in the cryptocurrency space. Ripple maxis are hoping that possible easing of regulatory restrictions and more favorable market conditions under a Trump administration could power its resurgence in the market.  Graph of XRP price performance over the last 7 days from CoinGecko Toncoin eyeing a 450% rally?    Bullish crypto market sentiment following Trump’s election victory seems to have reversed  Toncoin’s downtrend. Toncoin (TON) gained 3.8% in the past 24 hours, bringing the coin’s 12 month performance back up to a 106.9% growth…

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Filed under: News - @ November 7, 2024 3:25 pm