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As 2024’s post-election crypto rally kicks off, whales zero in on an intriguing mix of established and new tokens: Solana, XRP, and young altcoin JetBolt. Each coin showed interesting price gains and developments in the past week.
Solana surpassed the $200 mark over the weekend, while XRP finally broke above $0.55 after hovering below this level in the past month. As these older-gen tokens ride high on the post-election bull run, market newcomer JetBolt is also turning heads—selling over 41 million tokens since its presale debut in August 2024.
With so many whales actively accumulating these assets, one can’t help but wonder: Will Solana and XRP hold their ground in the bull run? And can JetBolt continue its impressive early success?
Solana Soars Above $200
Solana’s momentum in the past week is undeniable. The network has experienced a resurgence. After trading below $150 in the past month and $153 on November 3, SOL’s press time price is at $207.33.
Solana’s current price is only 20.1% below its all-time high (ATH) price of $259.96, achieved on November 6, 2021.
In addition to the market-wide rally fueled by Donald Trump’s victory in the US presidential elections, analysts implied Solana’s increasing on-chain activity as one of the key factors behind its recent uptick.
Solana’s total value locked (TVL) now surpasses $6.7 billion, demonstrating a steady rise in investor interest. With the favorable market climate and Solana’s current price action, some experts suggest a pump above its ATH may not be far-fetched.
Graph of Solana’s 24-hour price movement from CoinGecko website
XRP Breaks Past $0.55 Mark: What’s Next?
XRP is another altcoin that’s piquing the interest of crypto buyers, thanks in part to its signs of recovery post-election. After hovering below $0.54 last October, XRP is now trading at $0.5815. This reflects XRP’s 15% rise in the weekly chart.
Despite this significant price gain, XRP remains on a bearish trend. However, some analysts suggest that XRP could break the $1 mark if favorable regulatory news emerges and market conditions remain positive.
Meanwhile, other analysts implied that XRP has room to grow if it can overcome its resistance level around $0.60.
Why are Whales Flocking to the JetBolt Presale?
As whales monitor the exciting price movements of Solana and XRP, they’re also eagerly watching the milestones of young altcoin JetBolt (JBOLT).
This new face in the crypto market has been capturing the attention of large buyers, partly due to its early presale achievement. JetBolt has sold over 41 million tokens since its presale debut. In addition, JetBolt’s unique and innovative features also magnetize blockchain whales seeking tokens with groundbreaking innovations.
One of JetBolt’s most striking features is its zero-gas technology that harnesses the power of the Skale network. This feature enables crypto users to conduct hassle-free transactions without paying gas fees. These fees can quickly add up and eat the profits of crypto users who make small and frequent transactions.
JetBolt also stands out with its clever use of artificial intelligence. Indeed, its AI-powered tool brings holders updates on crypto news and developments. JetBolt also rewards its holders with its staking platform that grants stakers more tokens simply for logging in.
Apart from distinctive features, JetBolt offers early buyers exclusive perks during its presale. Early adopters can get up to 25% additional tokens when they purchase Alpha Boxes or JBOLT tokens in batches.
With JetBolt’s high-tech features and special benefits for early buyers, it’s no surprise that whales add this young altcoin to their crypto portfolios.
Conclusion — Whales Buy JetBolt, Solana, and XRP in the Post-Election Bull Run
JetBolt, Solana, and XRP are emerging as focal points as whales craft their strategies for the post-election bull run, Solana might soon witness a new ATH if the current momentum continues. Meanwhile, XRP is beginning to slightly recover with its rise above $0.55. Amidst all these, JetBolt’s presale milestone and groundbreaking features, such as zero-gas tech, invite whales to diversify their portfolios with this new and innovative coin.
Learn more about JetBolt here:
Website: jetbolt.io
Telegram Channel: https://jetbolt.io/telegram
X/Twitter Page: https://x.com/JetBoltOfficial
This write-up does not offer any financial advice. Always practice caution and conduct in-depth research before buying crypto assets, as they are risky and can be subject to unpredictable price changes.
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