Altcoin
Don’t Sleep on the PEPE, RCOF, and XRP Price Rally Primed for December 2024, 34,203% Gains Ahead
As the crypto market rallies, the PEPE has showcased impressive growth alongside the XRP price. As a result, investors are eyeing these top altcoins as potential investments for December 2024. Also, investors are embracing RCO Finance (RCOF), an emerging DeFi altcoin, that has secured over $5 million during its presale.
Why are investors rushing to buy PEPE, XRP, and RCO Finance (RCOF) before the year ends? Let’s find out!
PEPE Jumps 85% in a Week: More Explosive Growth Coming?
PEPE has performed exceptionally well over the past week. On November 10, PEPE was changing hands at around $0.00001159. Following days of range-bound trading, PEPE shot up alongside the broader altcoin market after Bitcoin (BTC) set a new ATH at $93,434 on November 13.
Additionally, Upbit listed PEPE on November 14, exposing the altcoin to millions of South Korean crypto enthusiasts. As a result, PEPE climbed as high as $0.00002524, setting a new ATH. However, traders started taking profits, and PEPE pulled back slightly.
By November 17, PEPE had stabilized at around $0.00002139. This price means PEPE has gained 85% in a week. Moreover, analysts expect PEPE to continue surging due to its position as a leading meme coin. This makes it a top pick among speculative traders who are always targeting tokens that can pump quickly during bull runs.
XRP Price Surges 78% in a Week: Will It Hold the $1 Level?
XRP has impressed Ripple investors over the past week after reclaiming the crucial $1 level. On November 10, the XRP price was hovering around $0.5771. After days of recording marginal gains, the XRP price gained momentum on November 13 after Bitcoin’s stellar performance.
The XRP price continued pumping due to the November 14 news of Societe Generale announcing plans to launch its EURCV stablecoin on the XRP Ledger in 2025. This bullish news saw the XRP price recover the $1 level and set a weekly peak of $1.19 on November 16.
By November 17, the XRP price had experienced a slight retracement before stabilizing at $1.03. This price means XRP has surged 78% in a week. Furthermore, experts expect the XRP price to continue surging following Donald Trump’s victory in the US election. Notably, Trump is pro-crypto and has even launched a crypto token.
RCO Finance Offers Investors Advanced Tools To Boost Profits
As the XRP price continues pumping alongside PEPE, investors are searching for high-performance DeFi platforms to increase their chances of profitability. This explains why RCO Finance has quickly gained popularity despite being a relatively new DeFi platform. RCO Finance has achieved this feat due to its revolutionary architecture.
Specifically, RCO Finance taps AI and blockchain technology to power multiple top-range trading tools. However, investors are primarily interested in the platform’s flagship feature, an AI-powered robo advisor. This tool stands out because it uses machine learning and advanced algorithms to offer custom investment advice.
This means the robo advisor analyzes your personal risk profile and financial goals before offering you custom, data-based investment recommendations. These recommendations help you spot the optimal time to enter or exit positions on assets matching your preferences.
This approach helps boost your chances of increasing profits. Also, this data-based investment strategy eliminates the need to include emotions of greed and fear in your plan, thus reducing your exposure to risky assets. Amazingly, the robo advisor can also trade on your behalf, spotting high-potential opportunities early.
With RCO Finance supporting over 120,000+ assets, you get infinite options for portfolio diversification. Impressively, this offering comprises crypto, decentralized derivatives, and tokenized real-world assets (RWAs) like real estate. As such, you can create a well-balanced portfolio for both stability and profitability in varying market conditions.
RCOF Steals The Show With Rapid Growth
Although the XRP price and PEPE are poised to jump further, savvy investors are rushing to buy RCO Finance’s native token, RCOF. RCOF has caught the attention of investors because it offers multiple perks within RCO Finance. These include dividends and voting rights.
RCOF has also won the confidence of investors because its smart contract was audited, making it a safe investment. Notably, the firm behind RCOF’s smart contract audit is SolidProof, a leading Germany-based blockchain security firm.
Coupled with RCOF’s limited supply of 800 million tokens, these features explain why RCOF has secured over $5 million during its ongoing presale.
RCOF Presale Promises Humongous Gains
Investors are also flocking to RCOF because its presale promises huge gains for early investors. As of November 17, RCOF was going for $0.0558 during Stage 3 of its presale. The next RCOF price is $0.0778 during Stage 4. When RCOF climbs to its listing price of $0.4-$0.6, Stage 3 investors will enjoy huge ROIs.
Furthermore, experts believe increasing demand will see RCOF outshine the 1,713% YOY pump in PEPE by December 2024. Going forward, experts foresee RCOF surging 34,203% by Q1 2024. This explains why you should not sleep on the opportunity to join the RCOF presale now.
For more information about the RCO Finance Presale:
Join The RCO Finance Community
Nearly a week ago, Donald Trump’s World Liberty Financial (WLFI) annnounced the launch of the USD1 stablecoin but the absence of a listing date continues to stump investors. However, an analyst says the stablecoin will make its debut on exchanges as early as April 1, baring any delays to stablecoin regulation in the US.
Expert Says USD1 Stablecoin Will List On April 1
Pseudonymous crypto analyst xHuai.eth took to X to predict a potential listing date for WLFI’s USD1 stablecoin. According to the analyst, the USD1 stablecoin may be available for trading as early as April 1 in line with industry conventions.
The analsyt disclosed that stablecoins are typically listed on exchanges within days of the annnouncement. WLFI announced the launch of the USD1 stablecoin on March 25 issued on Ethereum and Binance Smart Chain.
xHuai.eth disclosed that stablecoin listings on exchanges hinge on the completion of necessary technical steps. From the announcement, tapping Ehtereum, Binance Smart Chain, and Bitgo for custodial service indicates a completion of the technical steps.
Furthermore, xHuai.eth says that WLFI will be pressured to speed up listing processes to compete with USDT and USDC.
“With the announcement on March 25, the timeframe of March 31 to April 5 is reasonable,” said xHuai.eth. “April 1 is the most feasible date if there are no delays.”
Stablecoin Regulations May Affect The Listing Process
According to xHuai.eth’s analysis, incoming stablecoin regulation in the US will play a role in the USD1 stablecoin listing. The WLFI has previously mentioned that the launch on exchanges hinges on “regulatory approval” for stablecoins.
The US is hurtling toward stablecoin regulations with the GENIUS Act and STABLE Act piquing the interest of the White House. With authorities keen on expediting the passage of regulations, xHuai.eth argues the WLFI will move to list the USD1 stablecoin.
However, a delay in the regulatory process could lead to listing in late April, a scenario that xHuai.eth sees as unlikely. Authorities expect stablecoin regulation to go live in the US within two months driven by full support from the executive arm.
Following the release of the full draft of the STABLE Act, Sonic Labs is abandoning plans for an algorithmic stablecoin. Other issuers are positioning themselves to spearhead the government plans to maintain the dollar’s supremacy using stablecoins.
Aliyu Pokima
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The recent XRP price glitch on live American TV has created ripples in the crypto community. In an episode of “American Sunrise Early Edition” on Real America’s Voice, the value of XRP soared to a staggering $21,355, marking a 961,936% uptick from its actual price at the moment.
Notably, other cryptocurrencies like Bitcoin, Ethereum, Solana, Dogecoin, and Cardano also saw variations in their prices during the live TV program. Though the host, Jake Novak, addressed Bitcoin’s price anomaly, he overlooked the XRP glitch.
XRP Price Glitch on Live American TV: Key Details
During an episode of American Sunrise Early Edition on Real America’s Voice, the show displayed incorrect prices for major cryptocurrencies, including Bitcoin and XRP, with the values being significantly different from their actual market prices. For instance, the XRP price was displayed as $21,355, up by more than 961,936% from its actual market value of $2.1.
Throughout the market outlook segment, the XRP price glitch remained on the screen, fluctuating between $2.22 and $21,355. The community largely responded to the incident, drawing the team’s attention to the error.
This incident follows the increasing anticipations of the Ripple lawsuit settlement, driven by the SEC’s recent progressive stance.
XRP’s Repeated Price Glitch
As highlighted by the community members, it’s not the first time that XRP has experienced a price glitch. Historically, the token has seen dramatic price variations due to system errors.
In June 2024, XRP was shown on TradingView at $9,864, a point much higher than its original value. A glitch on Binance presented XRP at $5,791 due to data feed issues in October. In a similar incident, XRP’s value was incorrectly displayed on CoinMarketCap in November 2023, with the platform showing it at $1,919, a significant deviation from its actual market value.
Host Addresses Bitcoin Price Anomaly, Overlooks XRP
Notably, the technical issue on the American live TV has resulted in incorrect price displays for not just XRP, but several other cryptocurrencies. The episode presented Bitcoin’s price at $43,636, marking a significant drop of around 50% from the original value.
Meanwhile, Ethereum (ETH) rose to $6,000, a 156% surge and Solana (SOL) increased to $2,896, up by 1,983%. Dogecoin (DOGE) skyrocketed to $32, a 15,900% increase from $0.22, and Cardano (ADA) increased to $69, a 10,198% rise from $0.67.
Addressing the issue, the show’s host, Jake Novak, stated that the “graph had gone a little funky.” However, he only addressed the Bitcoin price glitch, overlooking the issues with other cryptocurrency values, including XRP.
How XRP Reacts To the Incident?
As of press time, XRP is valued at $2.10, with a notable decline of 5.5% over the past 24 hours. On a weekly and monthly basis, the token has experienced massive dips of 12.9% and 7.3%, respectively.
Despite the prevailing negative trend, the XRP price is facing a positives sentiment within the community. This is significantly evident in the 14.5% surge in the trading volume, currently at $4.18 billion.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The price Chainlink (LINK) has reversed its earlier growth trends after the broader market nosedived in mid-day trading. The current breakdown has triggered a new worry among investors for a coin that had the prospect of reclaiming its spot among the top 10 largest digital currencies.
The LINK price has fallen to $14.1, down 9.12% in the past 24 hours. This latest selloff has also raised the question of where the LINK floor is triggered.
Bitcoin Price and Bollinger Bands Insight
The Chainlink drawdown is steep and depends on the Bitcoin price selloff triggered by today’s US Core PCE figures. LINK has recorded more selloffs than most altcoins in the top 20 based on a percent decline over 24 hours.
LINK has fared much better on longer timeframes, as the token is still up by 1% in the past 7 days. The token’s Year-to-Date (YTD) growth is 34.76%, making analysts wonder if more selloff is inbound.
The LINK/USDT 4H Chart offers insight into the Chainlink price outlook. The current price is trading at the lower Bollinger Bands, $14.04. The deviation from the upper bands is a sign of intense volatility, which may or may not go well for the token.
Over the past 30 days, the LINK price has not dropped below $13, which is now classified as the next support level to watch.
LINK and Dependence on the General Market
The broader market is divided on what is next for Chainlink. The Oracle service provider remains one of various institutional clients’ most used blockchain protocols.
This means that the adoption of its services depends on the market or external factors.
Besides this, the price action of Bitcoin and other altcoins is also a major determinant of its potential rebound. At the time of writing, the price of BTC has dropped to a new weekly low of $83,872.69, down by 3.77% in 24 hours. With the bearish outlook, Peter Brandt said Bitcoin price crashing to $70,000 is not impossible.
With Chainlink’s dependence on Bitcoin, the altcoin may maintain its current outlook until the top coin prints a new rally.
Major LINK Price Catalyst to Watch
Per an earlier CoinGape report, Chainlink inked a deal with the Abu Dhabi Global Market (ADGM). This LINK partnership with ADGM will support the development of compliant frameworks for tokenized assets, expand blockchain adoption, and promote regulatory dialogue within the UAE and globally.
In an earlier LINK price analysis, projections were made that this partnership may push the token’s price to a high of $44. For now, the protocol’s price action signals caution overall.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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