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Which Altcoins are Soaring Post-Election? Solana, XRP, Kaspa, and JetBolt

Patricia Arquette
Patricia ArquetteOriginal
2024-11-08 01:10:15836browse

With the dust settling from the 2024 U.S. election, Solana, XRP, Kaspa, and JetBolt are emerging as exciting altcoins capturing whale interest and broader market attention.

Which Altcoins are Soaring Post-Election? Solana, XRP, Kaspa, and JetBolt

After the recent US presidential elections, crypto whales are keeping an eye on XRP and other altcoins. Here's a closer look at how these assets performed post-election.

Solana (SOL) has been on a roll, with its price surging to $188.67 at the time of writing. This significant price increase has pushed Solana's market capitalization to around $88 billion, making it the fourth-largest crypto asset by market cap. As of now, SOL’s market cap has surpassed Binance Coin’s (BNB) market cap, which stands at $87 billion.

Solana's recent performance has led analysts to predict that SOL could extend its rally and soar above $200. With Donald Trump's victory in his presidential bid, investors are speculating that the Trump administration may favor more crypto-friendly regulation.

Experts also suggest that Trump's victory could potentially increase the chances of Solana spot ETF approval. If authorized, these ETFs would grant institutional investors access to the Solana market, possibly boosting SOL's market cap further.

Crypto whales are also showing interest in XRP following the developments in the US election and the market-wide rally. As the market digests the news of the Trump victory, XRP's prospects appear promising. During his campaign, Trump pledged to fire the председатель of the US Securities and Exchange Commission (SEC) Gary Gensler on his first day in office.

At the time of writing, XRP is trading at $0.5575, showing a modest increase of 3.8% over the past 24 hours. Crypto analysts suggest that XRP's price action is a muted response to the US election results. The token's long/short ratio is beginning to climb, indicating some positive momentum, but its price is still in a consolidation phase.

Meanwhile, experts have projected that XRP could see an extended rally to $0.6640, especially if regulatory challenges begin to ease with a pro-crypto administration.

Kaspa (KAS) is another altcoin on the radar of crypto whales post-election. At press time, Kaspa is trading at $0.1193. Despite its 42.5% drop from its all-time high of $0.2074 achieved three months ago, experts suggest KAS may show more signs of recovery soon.

Analysts point to Trump's return to the White House as a catalyst that could further drive the price of Kaspa and other cryptocurrencies upward. Crypto insiders also cite Kaspa's impressive $3 billion market cap and $140 million daily trading volume as key factors that could support its price spike.

Experts predict that the Kaspa price may soon break through the resistance level at $0.17. If this prediction materializes, Kaspa could be poised for a surge to $0.192, close to its all-time high.

While Solana, XRP, and Kaspa are showing significant price surges after the election, JetBolt (JBOLT) continues its explosive presale with increasing interest from whales and crypto buyers. Since its presale debut in August 2024, JetBolt has sold more than 41 million tokens, valued at over $492,000.

JetBolt's presale milestone is a testament to the growing demand for new altcoins with cutting-edge features. One of JetBolt's groundbreaking attributes is zero-gas technology. Powered by the Skale network, this high-tech feature allows crypto users to carry out seamless transactions with zero gas fees.

JetBolt boasts many other game-changing features, including an AI-powered market insights tool that provides holders with up-to-date crypto news and information. Moreover, JetBolt's staking platform enables token holders to effortlessly earn more tokens, creating a rewarding experience.

The growing momentum and attractive features of JetBolt continue to pull in whales eager to buy next-gen tokens post-election. Notably, JetBolt's presale offers exciting and exclusive perks for early buyers, who can get up to 25% bonus tokens by purchasing JBOLT tokens in batches.

With the 2024 U.S. election behind us, Solana, XRP, Kaspa, and JetBolt are emerging as promising altcoins, capturing whale interest and broader market attention. Each of these assets offers unique strengths that cater to various segments of the crypto ecosystem.

Solana's high-speed blockchain is appealing to developers and NFT enthusiasts, XRP remains a leading solution for cross-border payments, and Kaspa's DAG protocol addresses scalability concerns.

Meanwhile, JetBolt's advanced features and trending presale bonuses make it a coin to watch even after the election hype fades. Learn more about JetBolt:

Website: jetbolt.io

Telegram Channel: https://jetbolt.io/telegram

X/Twitter Page: https://x.

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