XRP has rebounded after a period of bearish momentum, jumping 16% in the past 24 hours.
That’s the largest one-day gain in the past nine days.
However, XRP isn’t the only crypto turning heads.
Many traders are eyeing up-and-coming presale projects Flockerz and Crypto All-Stars as candidates for even greater returns.
XRP is now trading at $1.66, which is a price that hasn’t been seen since May 2021.
The token’s price chart has been flashing bullish for weeks, and recently formed a bull flag pattern on the 4-hour timeframe.
XRP has now broken out of that pattern – and is on track to make it four green weeks in a row.
So, why all the positivity?
For starters, investors are buzzing about the upcoming changes at the SEC.
Gary Gensler will be leaving his post in January, and that has everyone hoping for a regulatory environment that’s a bit more crypto-friendly.
In addition, XRP is seeing massive trading volumes on South Korean exchanges, suggesting strong institutional demand in Asia.
But the real catalyst is the amount of XRP flowing into long-term storage wallets.
Whales are settling in for the long haul, taking a lot of XRP out of circulation.
This move suggests they think XRP’s price will keep rising.
XRP is bullish right now, but smaller-cap cryptos often have more room for upside during periods of positive market momentum.
That potential for massive gains has everyone scanning for the next big thing – the hidden gems that could outpace XRP and other top altcoins.
That’s where Flockerz (FLOCK) comes in.
This project is offering a brand-new approach to community governance.
The Flock just passed 3.5M!!!!
What a big day for this flock. From humble beginnings to worldwide notoriety the flock isn’t ready to stop anytime soon!
Here’s to the next! pic.twitter.com/Go1L3mDsTm
— Flockerz (@FlockerzToken) November 28, 2024
The team has built a Flocktopia DAO setup, which basically turns FLOCK token holders into decision-makers.
And because the DAO has a Vote-to-Earn system, Flockerz actually rewards its community members with extra tokens for voting on proposals.
That includes everything from marketing strategies to which exchanges FLOCK will list on.
Unsurprisingly, the community is hyped about this approach.
Flockerz’s presale has been on fire, raising over $3.7 million in early funding before the token’s official launch.
FLOCK tokens are currently on offer in presale for just $0.006175 each.
Some big names are excited about the token’s prospects, including ClayBro, who said it is “set to soar” after it hits the open market.
So, although XRP is getting all the attention right now, Flockerz looks primed to make a significant impact as well.
Flockerz is doing its thing with governance, but Crypto All-Stars (STARS) is shaking up the meme coin space in a different way.
Their main feature, the MemeVault, solves a problem that’s been plaguing the space forever: how to actually earn from those tokens just sitting idle.
The idea is simple.
MemeVault lets users stake their meme coins, like PEPE and FLOKI, and earn STARS tokens as a reward.
And that’s that! Score another one for the All-Stars pic.twitter.com/mUHVwDZF4t
— Crypto All-Stars (@all_stars_coin) November 28, 2024
It’s like those meme coins suddenly have utility and can generate passive income.
Since utility coins are expected to become popular again in 2025, Crypto All-Stars looks well-positioned to benefit.
And the project is already seeing huge demand in presale.
At the time of writing, the STARS presale has raised over $6.8 million and has only 21 days before it ends.
That means investors have one last chance to snag STARS for just $0.0016384 each.
Like with Flockerz, several top crypto experts have endorsed Crypto All-Stars, including Mr. Flo.
He released a video earlier this week discussing how bullish he is on the Crypto All-Stars ecosystem.
With the hype building and the first exchange launch approaching, STARS could be another low-cap crypto set to follow or perhaps even exceed XRP’s gains.
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The post XRP Price Spikes 16%, Could Flockerz and Crypto All-Stars be the Next Altcoins to Explode? appeared first on CryptoPotato.
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