Top Crypto Traders Who Missed XRP’s 2018 Big Run Now Eye AVAX & Trending New Altcoin

Ripple (XRP) pulled one of the most memorable runs in the 2017 bull market. It soared by over 100x and reached a peak of $3.84 in early 2018.

Investors who want to experience similar price multipliers are now looking into Avalanche and Cutoshi. The new altcoin is showing significant promise, with its ongoing presale raking in over $1 million in record time.

Ripple Surges 181% in One Month 

Ripple (XRP) investors are gloating at the news of the impending resignation of the head of SEC, Gary Gensler. After years of draining legal battles, Ripple Labs and XRP holders are drawing a sigh of relief. That’s because Gensler can leave his position on January 20. That day will mark the start of Donald Trump’s presidential term. 

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The SEC’s crackdown played a major role in Ripple’s underperformance over the last years. However, with Trump coming to power, a new, crypto-friendly regulatory framework might be there, and XRP is reacting. 

In the last month alone, Ripple has recorded 181% gains. Besides, today, it sells for $1.47 with a massive 33% intraday increase. Simultaneously, Ripple’s volume is up by a staggering 220, with over $21.55 billion worth of XRP traded on exchanges.

Analyst Crypto Michael foresaw this move back in July. He posted a chart reading showing Ripple forming a multi-year triangle pattern. Ripple broke out as predicted with a near-vertical upward jump that saw it tear through several resistance levels. Many agree that the party is just getting started.

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Avalanche Reclaims Resistance, Eyes $40

Avalanche (AVAX) is steadily gaining ground with a 40% monthly increase. That saw it take the 12th place on the CoinMarketCap crypto leaderboard. At press time, Avalanche is selling at $39.35 with an 11.3% daily increase.

According to analyst Grronk, once Avalanche flips the crucial $40 level into support, it will fly. Grronk’s main target for Avalanche is $130. He still believes it could top $200 when the bull market is in full swing. 

The formation of a golden cross pattern on Avalanche’s daily chart also supported that idea. The 50-day moving average indicator crossed above the 200-day MA on the chart. This means that the trend has been flipped, and Avalanche will soon enter escape velocity.

Massive gains are on the cards for Avalanche; this is the general consensus. However, Avalanche’s $16 billion market cap will make it difficult for AVAX to experience massive multipliers. Low-cap projects like Cutoshi could provide those multifold returns in 2025.

Cutoshi is Turning Heads with an Intriguing Reward Mechanism

Cutoshi draws inspiration from the Lucky Cats of Japanese folklore. Those can bring good fortune to businesses and the household. 

Under the lighthearted, cartoonish surface, Cutoshi boasts a state-of-the-art DeFi platform, CUTO DEX, that will allow for near-instantaneous cross-chain swaps with just 0.25% in fees. 

One of Cutoshi’s priorities is to foster a sense of community and gather together crypto enthusiasts from all over the globe. The Cuto Farming initiative could help users earn rewards and prizes through multiple avenues. They can provide liquidity or stake the $CUTO token for passive income. Can also partake in special events and missions to boost Cutoshi’s online presence. They will receive CUTO points for their efforts, which can then be redeemed for more $CUTO tokens. 

Demand for $CUTO is skyrocketing, with each presale stage selling out faster than the previous one. Right now, tokens sell for just $0.0259, with early buyers already enjoying 77%. However, further price surges are expected in the upcoming weeks.

For more information on the Cutoshi (CUTO) Presale:

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Source: https://www.thecoinrepublic.com/2024/11/24/top-crypto-traders-who-missed-xrps-2018-big-run-now-eye-avax-trending-new-altcoin/