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Crypto buyers are now in a rush after XRP’s involvement in the FedNow Project. After many years of fighting for recognition, Ripple (XRP) has finally broken the barrier to become a solid contender that could push for massive adoption of blockchain technology. With these positive developments, some have speculated that Ripple (XRP) is headed for a 1000% moonshot this year.
However, some big investors, particularly crypto whales, are quietly turning their focus to another rising player: JetBolt (JBOLT). This new trending altcoin has gained recognition for its disruptive Web3 technologies that integrate AI and rewarding staking mechanisms. Let’s dig into what’s going on with both of these cryptos and why 2024 could be a huge year for both.
What is the FedNow Project?
The Federal Reserve launched the FedNow Project in mid-2023 to enable banks and credit unions to process payments instantly, 24/7. This system ensures that people and businesses can send and receive money immediately, even on weekends or holidays, without waiting days for transactions to clear.
Can FedNow Push Ripple’s XRP to The Moon?
As the Federal Reserve’s FedNow instant payment system gains momentum, there is growing speculation about its potential impact on Ripple’s XRP. Ripple is playing a big role here, thanks to its Interledger Protocol (ILP), which makes cross-border payments fast and cheap.
With more banks adopting FedNow, the need for Ripple (XRP) may surge as financial institutions seek efficient and scalable solutions. Ripple is collaborating with Volante Technologies, and as more banks join, the value of XRP may see a notable increase. Certain specialists think that this could result in a 1000% rise as adoption accelerates.
With more people recognizing the infinite possibilities of Web3 technology, many crypto whales are cashing in on Ripple (XRP). According to CoinMarketCap, the community’s sentiment is at a staggering 83%, and it’s no surprise why. Just in the past 7 days, Ripple’s XRP has seen a massive price jump of 8%. Ripple now sits at 0.58 at the time of writing. Ripple’s XRP’s trading volume decreased today by 16.75%, suggesting that a growing number of crypto whales are finally settling in, with some looking for newer early stage altcoins that offer massive potential growth.
Why JetBolt (JBOLT) Is Catching Ripple Whale Attention
As whales start to cash out on their XRP gains, many are looking for new early stage crypto coins that could skyrocket in the coming months or years, like JetBolt (JBOLT). JetBolt (JBOLT) is a cutting-edge trending altcoin that’s making waves during its presale. Much like how early Ripple (XRP) investors loved its goal of providing seamless cross-border payments, JetBolt also provides real world utility with AI, rewarding staking, and seamless Web3 transactions.
JetBolt (JBOLT) has zero gas fees, which is a huge draw for anyone who’s tired of paying to move their money around. Moreover, JBOLT also has an AI-driven market insights tool, keeping users informed with curated updates. No need to sift through endless data or risk missing major market shifts. JetBolt also has a rewarding and easy-to-use staking platform, allowing holders to earn crypto even during the presale.
Plus, Alpha Boxes allows early buyers to grab large amounts of tokens at discounted rates, making it even more attractive to join in on the next generation of crypto transactions.
As the presale heats up, JetBolt’s innovative approach is drawing attention, positioning it as a project to watch in 2024.
Conclusion: JetBolt Might Be The Next Ripple
Both XRP and JetBolt offer exciting opportunities, but they’re appealing for different reasons. XRP’s involvement with FedNow could give it the massive price jump everyone’s hoping for, while JetBolt’s presale and innovative features are making it the altcoin of choice for crypto whales looking to get in early. Whether you’re riding the XRP wave or jumping on JetBolt’s early potential, 2024 looks set to be an interesting year in crypto.
For more information about JetBolt (JBOLT) visit the links below:
Official Website: jetbolt.io
Telegram: https://jetbolt.io/telegram
X (Formelry Twitter): https://x.com/JetBoltOfficial
This is not financial advice. Crypto investments carry high risk, and you could lose your entire investment. Always conduct thorough research and only invest what you can afford to lose.
Source: https://finbold.com/xrp-fednow-project-could-mean-1000-growth-but-ripple-xrp-whales-favor-trending-altcoin-jetbolt-jbolt/