This positive tendency momentum shows no indications of slowing, with numerous in the financing community wondering whether XRP Ripple (XRP) can make it to the fabled $1 level.
Simultaneously, plenty of penny cryptocurrency alternatives are making headway in the market – offering compelling opportunities for those seeking the following potential breakout star.
Price has now broken over the 20-day and 50-day EMAs – a positive tendency signal often preceding a rapid upwards surge.
Adding more confluence is the fact that XRP’s price is creating a bull flag pattern on the daily basis. Once more, this pattern often appears right before a breakout to the upside, which will be music to the ears of XRP Ripple (XRP) bulls.
Adding to the mix, the open interest figures are growing across all major exchanges, evidencing the growing market interest in XRP.
Much of the past few positivity around the crypto token stems from the latest updates regarding the SEC’s case against Ripple – the parent company of XRP.
James K. Filan, a previous defense lawyer,
tweeted on May 16 that a judge had rejected the SEC’s motion to seal a statement from its previous chairman, William Hinman.
This statement, given back in 2018, saw Hinman assert that Ethereum (ETH) was not a security.
Now that this statement is available for Ripple to use in its defense, numerous believe the tide is turning in the cryptocurrency firms’ favor since
clear evidence that a previous SEC official didn’t think Ethereum (ETH) was a security. there is
It remains to be seen how this will impact Ripple’s ongoing battle with the SEC – but if things play out positively,
an opportunity that the XRP Ripple (XRP) price will grow in value and push toward the $1 level. there is
Although while XRP Ripple (XRP) persists to perform impressively in the cryptocurrency market, it’s not the only contender worth paying attention to.
1 emerging penny cryptocurrency,
Wall Street Memes ($WSM), is making whole lot of strides – regardless of only launching its presale on May 25.
Within hours of the presale’s launch, greater than $100,000 in financing flowed in from eager investors – with the tremendous hype being driven by the project’s clear link to the legendary “WallStreetBets” subreddit.
The $WSM crypto token leverages the achievements of the
Wall St Bulls Non-Fungible Token (, which was introduced in 2021 and quickly sold out in just 32 minutes owing to overwhelming investor interest. NFT) collection
This extraordinary demand led to the formation of a thriving community of over one
Now that the Non-Fungible Token (
NFT) market is bouncing back, the team behind the collection is remaining active and set to make its mark on the world of Bitcoin (BTC) Ordinals by launching a brand-new collection on Magic Eden.
Naturally, the growing buzz around the Bitcoin (BTC) Ordinals fall has prompted substantial support for the release of the $WSM crypto token – with the official
Discord server seeing an enormous influx of new members.
As a community-focused project, with greater than 400,000 social media followers,
Wall Street Memes will reserve 50 percent of the total $WSM supply for presale investors.
The remaining 50 percent will be used for community bonus and CEX/DEX liquidity – highlighting that the development team is in this for the long haul.
Early investors can now buy $WSM crypto tokens through the presale for just $0.025 – the lowest price they’ll ever be offered – with crypto tokens to cost $0.0337 in the final stage.
Visit Wall Street Memes Presale Presale Sensation AiDoge Turns Heads & Raises $14.3 Million
Wall Street Memes isn’t the only cryptocurrency grabbing investors’ attention –
AiDoge ($AI) is likewise starting to make headway as a potential alternative to XRP.
Regardless of being less known, this new entrant to the market has already started turning heads, raising a remarkable $14.3
Million through its presale phase in just four weeks.
Telegram community has swelled to nearly 19,000 people in the previous few weeks, highlighting the growing interest in the project.
This interest is driven by AiDoge’s pioneering combination of a meme cryptocurrency style and artificial intelligence (AI) technology – a blend that hasn’t is still been seen in the cryptocurrency market.
As noted in AiDoge’s
whitepaper, the project’s flagship feature will be its custom-designed Meme Coin generator, whereby users can create hilarious memes in seconds using text-based prompts.
Users can likewise earn $ Artificial Intelligence (AI), AiDoge’s native crypto token, by uploading their created memes to the ‘public wall’. Other users will then vote on the uploaded memes, with the most trending receiving $ Artificial Intelligence (AI) distributions each month.
AiDoge now in the final stage of its presale, investors have less than 5 days left to secure $ Artificial Intelligence (AI) crypto tokens before they list on major exchanges – an event sure to catch the market’s attention. Visit AiDoge Presale Revolutionary yPredict Analytics Suite Empowers Traders & Raises $1.7 Million
In the end, another cheap XRP Ripple (XRP) alternative that’s been increasing traction in recent weeks is
yPredict is a cutting-edge cryptocurrency analytics suite with numerous tools and services designed to assist traders make better decisions in the market.
This Polygon-based platform will provide AI-powered trading indicates, real-time sentiment analysis, automatic chart pattern understanding, advanced technical indicators, and other high-value features.
In addition of that,
yPredict will likewise have its own trading terminal, with users able to place trades directly from the chart.
Nonetheless, as noted in yPredict’s
whitepaper, the feature that’s capturing the market’s attention is the yPredict Marketplace.
This function will allow users to ‘subscribe’ to state-of-the-art price forecast models developed by the top 1 percent of Artificial Intelligence (AI) specialists. Subscription charges will be paid in $YPRED, yPredict’s native token.
This function has got community members pumped since models like these are usually reserved solely for institutional traders.
yPredict’s presale has now raised over $1.75
Million in financing, with early-bird investors still able to acquire $YPRED crypto tokens at a discount relative to the intended CEX listing price. Visit yPredict Presale
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