Why crypto whales are accumulating this new altcoin » The Merkle News

XRP whales are making moves and it’s not just about Ripple anymore. With increasing regulatory tightening around XRP, many crypto whales are looking for the next big thing – and JetBolt is where their attention has landed.

JetBolt is a groundbreaking altcoin that stands out in 2024 for its zero gas technology and AI-powered utility. With over $270,000 tokens already sold, JetBolt (JBOLT) is quickly turning heads and attracting crypto whales. Read on to find out analyst price predictions for XRP and find out why JetBolt is exploding this October.

XRP price prediction and price forecast for October 9, 2024

Ripple Lab’s XRP token remains a major player in the cryptocurrency market, especially for cross-border payments. Despite recent challenges arising from ongoing legal battles with the US Securities and Exchange Commission (SEC), XRP has shown resilience. Analysts believe that XRP is currently trading around $0.53 and could rise to $0.67 or higher if it breaks through key resistance levels.

But the reality is much more painful for Ripple holders than these optimistic predictions. Currently, Ripple (XRP) is hovering around the $0.48 to $0.55 resistance levels. To make matters worse, the one-week performance was nothing short of shocking, as XRP’s market price fell by 11.7%.

Uncertainty over Ripple’s volatility has led some crypto whales to look for opportunities outside of XRP. The crypto market has seen a shift in whale activity towards JetBolt (JBOLT), a new altcoin that has quickly gained traction. Let’s explore why JetBolt is becoming a fan favorite among crypto whales.

What is JetBolt (JBOLT)?

JetBolt, a revolutionary new generation cryptocurrency, is making headlines with its innovative features and impressive pre-sale performance. Launched in August 2024, JetBolt has quickly gained traction among crypto whales looking for their next big altcoin.

One of JetBolt’s most attractive features is its zero-gas technology, which allows users to transact without paying the fees typically associated with congested networks. This is a huge advantage for whales, who often move large amounts of tokens and prefer more efficient and gas-free platforms.

In addition to zero gas fees, JetBolt also offers AI-powered tools that provide users with curated news about the crypto market and the latest developments on the blockchain. This feature is particularly valuable for crypto users and investors who need accurate and timely data to make informed decisions.

Why are presales booming at JetBolt?

JetBolt’s ongoing presale has been a huge success so far, selling over $270,000 worth of tokens in two months. The early buyers of the token were rewarded with significant bonuses through Alpha Boxes as well as staking rewards, further increasing whale interest. Additionally, JetBolt was launched as a fully functional altcoin even before its official listing on major exchanges.

Many XRP whales see JetBolt as a new opportunity to diversify their holdings, especially given the volatility surrounding traditional altcoins. JetBolt stands out for its advanced features, including immediate practical utility, making it a compelling choice among new altcoins.

Conclusion: XRP faces uncertainty as JetBolt gains momentum

As regulatory uncertainty continues over Ripple’s XRP, particularly due to the unresolved SEC lawsuit, crypto whales are diversifying into emerging altcoins like JetBolt (JBOLT) with promising features. JetBolt’s zero gas technology and AI-driven insights make it an attractive alternative, especially as the price of XRP fluctuates within its current resistance bands. While XRP awaits clarity, JetBolt could emerge as a preferred choice given its pre-sale success and feature-rich ecosystem.

Check out JetBolt’s presale and unique features below:

Note: This is not financial advice. Be aware of the risks and always do thorough research before engaging with or purchasing cryptocurrencies. All cryptocurrencies are risky.

Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any projects. Read the full disclosure here.