XRP Price Topped at $2.5? Attention Shifts to PropiChain, as Analysts Target 3,067% Rally
The post XRP Price Topped at $2.5? Attention Shifts to PropiChain, as Analysts Target 3,067% Rally appeared on BitcoinEthereumNews.com.
SPONSORED POST* The XRP price has been in free fall after the Federal Reserve cut rates on December 18. This has prompted many Ripple holders to invest in PropiChain (PCHAIN), believing the XRP price has reached its local top. PropiChain is a real estate tokenization platform earning the hearts of investors during its presale. It has already raised over $1 million in funding from smart money and retail investors. At only $0.011, PCHAIN is potentially a better investment option than Ripple as the XRP price faces downward pressure. XRP Price Falls After the Fed Cut Rates The XRP price declined after the Federal Reserve Chair expectedly cut rates by 25 bps. His comments that they would not cut aggressively in 2025 rattled investors. This impacted the XRP price and other digital assets. This rate cut comes as Ripple enjoyed a rally that saw it gain 113%, leaving the XRP price at $2.34. Investors were hoping that Ripple would hit a new all-time but the altcoin seems to have a hit wall at $2.50. The XRP price is projected to sink below $2 if the altcoins continue to bleed. However, a possible Santa Claus rally could work in Ripple’s favor. PropiChain’s Impressive Features Attract Smart Money PCHAIN is the dark horse that many investors take notice of. This comes after PropiChain’s token presale raised over $1 million in funding. The real estate altcoin is on course to deliver 3,067% gains, making it the best new cryptocurrency to invest in. With the XRP price sliding, Ripple investors are flocking to PropiChain mainly because of its value proposition. PropiChain is a real estate tokenization that benefits users with fractional ownership. This feature allows many investors to own a fraction of a property. Retail investors appreciate this feature as it allows them to invest…
Filed under: News - @ December 22, 2024 10:17 pm