Some cryptocurrencies are already displaying signs of an early altseason, such as Hedera’s HBAR, which rallied 763% in the past month.
XRP Ledger reduced its reserve requirement from 10 to 1 XRP, letting users fund wallets with as little as $2.56.
Zach Rynes, also known as ChainkLinkGod, said XRP is a “banker-themed memecoin” that failed to get traction.
South Korean retail traders were frenzying over “high momentum” tokens including XRP, DOGE, ENS, and HBAR on Dec. 2 trading.
DOGS has also entered into a partnership with Best Friends Animal Society, a nonprofit dedicated to animal welfare in the US.
Crypto exchange executives said growing regulatory clarity and high hopes after US President-elect Donald Trump’s win contributed to high trading volumes in November.
Historically, markets outperform after presidential elections and then stall once the President-elect takes office, data shows.
XRP whales and retail investors have accumulated more than $1.6 billion in tokens over the past month, leading one analyst to predict a new all-time high above $6 in 2025.
Investor sentiment has recently shifted away from Bitcoin and toward Ethereum, based on fund flow data from CoinShares.
Traders are buying Bitcoin price dips below $95,000, but will it be enough to prevent a sharper correction in BTC and altcoins?