In today’s crypto news, XRP has surged 10% in one week, but the spotlight is shifting toward JetBolt (JBOLT), as Ripple whales pivot their focus. As XRP navigates key resistance levels, JetBolt’s exciting presale gains momentum with its zero-gas technology and crypto-earning staking features. As Ripple faces ongoing market and regulatory challenges, whales moving from an established token to an emerging altcoin signals growing interest in JetBolt within the crypto community.
In this article, we'll be talking about why Ripple whales are flocking to JetBolt, and what this could mean for both XRP and JetBolt.
Ripple's native token, XRP, is trading at about $0.6468 as of writing, recording a whopping 10% increase in the last 24 hours. This recent price jump sparked renewed interest in the token, particularly after a consolidation period just recently. Ripple is bucking the trend of most large-cap cryptocurrencies that struggle to get this kind of momentum going.
According to recent technical analysis, XRP recently transited critical resistance levels at $0.60, which is its previous significant barrier. Crypto analysts suggest that this breakout could possibly mean further moves in the bullish direction, especially if the token holds above significant support levels.
The 50-day moving average (EMA) is currently holding steady, with trading volumes exceeding $2.5 billion—a clear sign of increased market activity around XRP. The Relative Strength Index (RSI) has also surged, approaching overbought territory, indicating strong buying pressure.
Related developments also include the triumph XRP is having with its new stablecoin, RLUSD. In breaking news, the total supply of 99% has been minted, signaling an imminent launch. Meanwhile, despite all the regulatory uncertainties surrounding XRP, caused by its ongoing legal battle with SEC, it continues to show resilience on the market.
Now the real question here is whether Ripple can carry on this upward trajectory, or if XRP will face resistance in the days to come.
Also headlining today’s crypto news, Ripple whales are shifting their focus to the rising altcoin JetBolt (JBOLT). Launched in August 2024, JetBolt’s presale has caught the attention of XRP holders seeking to diversify their holdings, thanks to its cutting-edge features.
With zero gas technology, JetBolt is built for high-speed blockchain interactions, delivering instant finality and efficiency, qualities that whales value the most in the fast-paced crypto market.
The buzz around JetBolt comes from its groundbreaking ecosystem, which includes a user-friendly Web3 wallet, an easy-to-earn staking platform, and an AI-powered crypto tool. JetBolt also delivers a fully operational product even during its presale, a rare attribute in the altcoin space.
As Ripple navigates regulatory uncertainties, XRP whales are looking toward JetBolt’s groundbreaking technology to complement their portfolios.
The JetBolt presale has already generated over $200,000 in sales, bolstered by perks like JetBolt Alpha Boxes, which provide up to 25% additional tokens for early adopters. With its complete, powerful ecosystem and strong market traction, JetBolt is quickly becoming the go-to altcoin for Ripple whales looking for new opportunities.
With XRP rising 10%, Ripple whales are making a strategic shift by turning to JetBolt (JBOLT). As XRP navigates regulatory uncertainty and key resistance levels, the cutting-edge features of JetBolt, including zero gas technology and a robust presale ecosystem, are drawing increasing attention. This shift highlights the ever-rising interest in JetBolt as a compelling alternative within the crypto market. As Ripple and JetBolt follow different paths, all eyes remain on how these dynamics will unfold.
You may check out JetBolt and its presale at the links below:
Buy JetBolt tokens here: https://jetbolt.io/
Follow JetBolt on X/Twitter: https://x.com/jetboltofficial
Join JetBolt’s Telegram Channel: https://t.me/jetboltcoin
This article is not financial advice. Cryptocurrencies come with a number of high risks. Always do your own research well before making any crypto-related decisions.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.