This interview will boost XRP from its current value (2.57 dollars) to approximately 3.75 dollars, and this is only the first of 8 news articles that will come 🫰😋
Cryptocurrencies That Will Make You a Lot of Money 💸✨🚀
Promising but Very Volatile:
XLM (Relationship and possible collaboration with XRP, confirmed partnership with Mastercard and Franklin Templeton)
Dogecoin (Usage planned for 2025 in the USA and support from Elon Musk)
DOT (6 Months Bullish and of great utility in society)
Promising and More Stable:
XRP (Positive news, greater utility importance due to events in the USA such as Gary's departure from the SEC (for example), possible collaboration with Cardano)
Cardano (Aims to improve the Blockchain market by collaborating with XRP, Bitcoin, and Ethereum)
These are the safest, most economical, and promising in my opinion
Reason?
XRP is gaining greater utility in society just like Cardano
On its side, XRP is awaiting many news items, most of which are expected to be positive... Among them is Gary's departure from the SEC, and favorable regulations will come to expand its reach and importance
Cardano, for its part, is putting aside rivalries and seeks to work in collaboration with Bitcoin, Ethereum, and XRP to improve Blockchain
Uniswap and Solana are leading the resurgence of the decentralized finance (DeFi) ecosystem with all-time highs in trading volume. Uniswap reached a record volume of 38 billion in November, driven by its integration with Ethereum Layer-2 scaling solutions such as Arbitrum, Base, and Polygon.¹
On the other hand, Solana recorded a record monthly trading volume of 109.73 billion on its decentralized exchanges (DEX), representing a growth of more than 50% compared to October's volume.
This DeFi resurgence is due to the combination of scalable platforms, increased Layer-2 adoption, and interest in new financial opportunities. In addition, the increase in on-chain yields and the rise of digital assets are also driving this growth.
As for future prospects, the DeFi ecosystem is positioned for sustained growth, with Uniswap and Solana marking historic milestones. The adoption of innovative technologies and the growing demand for decentralized financial solutions also point to a promising future for the sector.
Bitcoin's dominance could be signaling an "altcoin season," which could benefit XRP. According to Ryan Lee, lead analyst at Bitget Research, XRP could reach $2.57 before the end of 2024.¹
Furthermore, the departure of SEC Chairman Gary Gensler on January 20, 2025, could fuel a rally in the cryptocurrency sector. This, coupled with Trump's inauguration as president, could lead to an increase in investors' risk appetite.
Among the reasons that could boost the price of XRP are:
- *Trump's victory in the US elections*: Trump's victory generated bullish sentiment in the digital asset market.² - *The potential XRP ETF*: Further progress on the potential XRP ETF could be a major price catalyst for the coin. - *The influence of the Bitcoin halving event*: Historically, XRP has shown significant growth around 228 days after a Bitcoin halving.
It is important to note that the cryptocurrency market is highly volatile and speculative, so it is essential to conduct thorough research and consider different sources before making any investment decisions.
Market analyst Trevor Soare predicts that the Polkadot (DOT) cryptocurrency will experience a significant price increase in the next 6 months. According to Soare, there are four reasons that could drive the price of DOT in 2025:
1. Reducing inflation: Polkadot has reduced its inflation rate from 10% to 8% and plans to continue decreasing it in the coming years.
2. Collaboration with Cardano: Polkadot and Cardano are working on a bridge that will connect both ecosystems.
3. Polkadot 2.0 and JAM: The Polkadot developer team is working on improving the network with advancements such as “elastic scalability” and the JAM upgrade.
4. Mythos Announcements: The Mythos parachain, which uses Polkadot infrastructure, has announced the arrival of a FIFA game, which could bring more traffic and users to the network.
Soare believes DOT has a good chance of returning to its all-time high of $55 in 2025 and substantially outperforming Solana in that timeframe.
Cardano could see a significant surge in the coming days. Key points are:
- ADA has broken out of an inverted head and shoulders bullish price action pattern. - If ADA breaks out and closes a four-hour candle above the $1.07 level, it could rally 15% to reach the $1.24 resistance level. - If this level is breached, ADA could gain another 25%, potentially reaching $1.52 in the coming days. - ADA's relative strength index (RSI) suggests that the altcoin has enough room to rise. - Whale (long-term investor) activity is in favor of ADA's price increase as they have withdrawn tokens from exchanges and stored them in their wallets. - ADA's open interest (OI) has increased by 12.9% over the past 24 hours, indicating strong support from the bulls.
The legal dispute between the SEC and Ripple over the classification of XRP as a security could come to an end with the arrival of Donald Trump to the US presidency. The community is divided on the outcome of the case, but some experts, such as Chris Giancarlo, believe that the SEC will drop the lawsuit under the new administration.
The Ripple case is an important legal precedent for cryptocurrency regulation in the United States, as it establishes clarity on the regulatory status of cryptocurrencies and how the SEC should classify them.
The community is watching closely how the legal battle unfolds, especially with the possibility of a more favorable regulatory environment on the horizon. The SEC and Ripple have until January 15, 2025 to present their arguments in court.
Dogecoin (DOGE) mining has become profitable due to the increase in the cryptocurrency's market value. The most profitable ASIC for mining DOGE is the Bitmain Antminer L9 17.6Gh, which generates net profits of approximately $57 per day.
DOGE mining profitability is calculated by taking into account factors such as the mining equipment's processing power, energy consumption, and energy cost. Net profitability is obtained by subtracting energy and maintenance costs from the total daily income.
In September 2024, the most profitable DOGE ASIC generated only $13 per day, which shows a significant increase in DOGE mining profitability in recent months.
The price of BNB retraced to the 50-day moving average ($601) on November 26, but the bulls held the level. The balance between supply and demand will tilt in favor of the bears if the price falls below the 50-day moving average, and it could descend towards the uptrend line.
On the other hand, a close above $635 suggests that the bulls still have control, and the price could rise to $667, $687, and potentially to $722.
If the price of Cardano (ADA) continues on its current trend, it could experience a 45% increase in the coming days, bringing it to a level of $1.45. However, it is important to keep in mind that the cryptocurrency market is very volatile and prices can change rapidly.
Currently, Cardano (ADA) is trading around $1, and if the trend holds, it could see a significant increase in the coming days. Technical indicators and analysis of weekly charts suggest that ADA could reach $1.5 in the coming days before entering a consolidation phase.
This is one of the 7 cryptocurrencies that I recommended and told you to buy when it was at 10 dollars and today it is at 13 and promises to go higher
Although, as always when it rises sharply, it must drop a little to balance the market, buy when it drops and not when it is just starting to rise (This way you'll get more profits)
Always research before making your investment and...
Avalanche (AVAX) has experienced an increase of 11.27% in the weekly charts, suggesting sustained bullish interest. The price of AVAX is retesting the support zone of $38.57, a critical level that could determine its next move.
If AVAX maintains this level, it could lead to a rally towards the resistance zone of $45.42-$47.81. If it surpasses this zone, the next target would be $65.00.
On-chain metrics also show increased user participation within the Avalanche network, with a 28.56% rise in active addresses over the past seven days. This suggests growing interest in the Avalanche ecosystem.
Dogecoin (DOGE) has seen impressive gains, recovering more than 6% recently following recent developments.
DOGE experienced a major milestone after the Swedish investment firm Valour launched the first exchange-traded product (ETP) of DOGE on Tuesday. This marks the first time a meme coin will be traded through an ETP.