XRP has shot up 8.4% in a week, Kaspa is up almost 250% in one year, and JetBolt just surged past $140,000 in presales in record timing.
XRP, Kaspa, and JetBolt are all cryptocurrencies that have seen significant price increases recently. XRP is up 8.4% in a week, Kaspa is up almost 250% in one year, and JetBolt just surged past $140,000 in presales in record timing.
According to a BeInCrypto article today, a 30% jump could be imminent as whales go on a buying spree. As positive news continues to break on all three tokens, many analysts are exploring new breakout coin JetBolt as a potential rival to both XRP and Kaspa.
Here’s a closer look at each coin and why it might be worth watching in 2024.
1. XRP: A Positive Trend Towards Moderate Growth
Since XRP settled its case with the SEC, the good news has kept on pouring in. Grayscale just announced a new trust with hints of a possible ETF in the near future. Robinhood just reinstated XRP on its cryptocurrency exchange. And new developments with FedNow could vastly enhance the functionality of XRP.
However, most market analysts remain skeptical of massive price growth for the token. Most crypto experts suggest a maximum price of $0.75 for XRP in 2024 and set a prediction of $1 for 2025. XRP is already the 7th largest cryptocurrency by market cap, and therefore its growth may simply be limited by its prior success. Many XRP whales are exploring newer less known coins like JetBolt, which could hold higher potential for growth.
2. Kaspa (KAS): A Long Term Play
Kaspa (KAS) was launched in 2022, but it only really exploded in 2023. It’s now the 21st largest cryptocurrency according to Coingecko. This year, it has continued to enjoy considerable growth with almost 2.5x ROI for holders. Overall Kaspa has delivered over 900x in ROI and millions of dollars in returns for its earliest investors.
However, as the coin has now reached the top echelons of the cryptocurrency charts, Kaspa’s room for further growth may be limited. Litecoin (LTC) is another proof of work (POW) coin with a similar narrative to Kaspa. In spite of it being on the scene as far back as 2014, it only has a market cap 12% greater than Kaspa’s. As a result, Kaspa holders may look to newer altcoins for faster growth.
3. Jetbolt (JBOLT): An Explosive New Opportunity
JetBolt (JBOLT) wants to disrupt the entire crypto space. By slashing gas costs to zero and re-inventing the way web3 wallets work, JetBolt is an exciting opportunity. Many whales have already started to take notice and take advantage of early presale pricing. With daily price increases and alpha box discounts for bulk purchases, JetBolt’s presale is exploding in popularity.
While most crypto enthusiasts already hold XRP and Kaspa, JetBolt is a new opportunity and could see substantial growth in 2024. In the upcoming crypto bull run, many developers could turn to JetBolt’s no transaction fee technology in the hope of capturing the hoards of web2 users that will likely use crypto on-chain for the first time. If this plays out correctly, JetBolt could quickly become a household name in crypto.
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