While Bitcoin is stealing the spotlight with its impressive rally, other cryptocurrencies are also enjoying a resurgence.
Among the top gainers is XRP (XRP), which has rocketed over 17% in the past 24 hours to claim the #2 spot on CoinMarketCapâs âTop Gainersâ list.
However, a new upstart project called eTukTuk (TUK) is also turning heads in the presale space, drawing attention from investors seeking the next breakout crypto.
After largely underperforming during the ongoing crypto bull run, XRP is finally showing signs of life, with a powerful rally in the past day.
XRPâs rally has been relatively muted compared to Bitcoinâs and other major altcoinsâ rallies, but that narrative may be shifting.
The tokenâs rally has propelled it up the market cap rankings to become the sixth-largest cryptocurrency globally.
At a current price of $0.691, XRP is trading at its highest level since December 9, when it topped out at $0.700.
Importantly, XRP has broken out of a tight consolidation range on the daily chart.
Crypto Twitter has been buzzing about XRPâs resurgence, with prominent analyst @CredibleCrypto stating that heâd just added to his long position for the third time.
Fellow Twitter user @TheBlockBull is similarly bullish â claiming that XRP is âready to blast.â
Whether XRP will soar higher in the near term is anyoneâs guess, but market sentiment appears to be shifting in favor of the token.
XRPâs price surge could be linked to actions by âcrypto whales.â
On-chain data shows multiple large transactions of XRP being moved off major exchanges like Binance, Upbit, and others in the past day.
The @whale_alert Twitter account tracked a staggering 70 million XRP worth over $51 million leaving Upbit and going to an unknown wallet yesterday.
After that, three other double-digit million XRP transfers, ranging from 9.3 million to 19.7 million tokens, were spotted exiting Binance for private wallets.
These colossal whale wallets pulling large amounts of XRP off exchanges could be a bullish signal.
Whales often move funds to personal wallets when they intend to hold and accumulate their crypto positions.
This can be a bullish signal, potentially forecasting higher prices.
The departure of XRP from exchanges comes at a time when its on-chain data has started flashing bullish signals.
XRPâs active addresses have spiked massively in the past day, reaching almost 40,000.
With both whales and on-chain metrics turning positive, the stars are finally aligning for XRP to join the marketâs rally.
While XRPâs revival is capturing tradersâ attention, another presale project is also turning heads this week.
eTukTuk is an innovative platform aiming to electrify and decarbonize the tuk-tuk transportation industry across developing nations.
The projectâs core mission is to replace polluting gas-powered tuk-tuks with a fleet of zero-emission electric âeTukTuks.â
This switch has the potential to dramatically reduce emissions in densely populated cities, leading to cleaner air for millions.
eTukTuk will also build a vast EV charging network to support this eco-friendly transportation revolution.
But eTukTukâs ambitions extend far beyond just swapping engines.
It plans to leverage AI for optimized vehicle routing, predictive maintenance, and enhanced safety features.
The ecosystem will also incorporate blockchain technology â allowing users to stake the native TUK token and earn sizable annual yields.
According to eTukTukâs whitepaper, transitioning to electric tuk-tuks could massively slash operating costs for drivers.
In turn, this would provide significant economic benefits and help promote financial inclusion for low-income riders and drivers across the developing world.
This mission to tackle environmental and economic challenges is clearly resonating with investors.
eTukTukâs ongoing presale has already raised over $1.9 million, with the TUK token currently priced at $0.028.
As it continues raising funds, this green crypto startup could be positioned to disrupt the global transportation sector.
Visit eTukTuk Presale
Disclaimer: The above article is sponsored content; itâs written by a third party. CryptoPotato doesnât endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatoâs full disclaimer.
The post XRP Surges Among Top Crypto Gainers as New eTukTuk Token Also Posts Gains appeared first on CryptoPotato.
Among the top gainers is XRP (XRP), which has rocketed over 17% in the past 24 hours to claim the #2 spot on CoinMarketCapâs âTop Gainersâ list.
However, a new upstart project called eTukTuk (TUK) is also turning heads in the presale space, drawing attention from investors seeking the next breakout crypto.
XRP Awakens & Drives 17% Price Surge
After largely underperforming during the ongoing crypto bull run, XRP is finally showing signs of life, with a powerful rally in the past day.
XRPâs rally has been relatively muted compared to Bitcoinâs and other major altcoinsâ rallies, but that narrative may be shifting.
The tokenâs rally has propelled it up the market cap rankings to become the sixth-largest cryptocurrency globally.
At a current price of $0.691, XRP is trading at its highest level since December 9, when it topped out at $0.700.
Importantly, XRP has broken out of a tight consolidation range on the daily chart.
Crypto Twitter has been buzzing about XRPâs resurgence, with prominent analyst @CredibleCrypto stating that heâd just added to his long position for the third time.
Fellow Twitter user @TheBlockBull is similarly bullish â claiming that XRP is âready to blast.â
Whether XRP will soar higher in the near term is anyoneâs guess, but market sentiment appears to be shifting in favor of the token.
Whales Spark XRP Frenzy with Colossal Exchange Outflows
XRPâs price surge could be linked to actions by âcrypto whales.â
On-chain data shows multiple large transactions of XRP being moved off major exchanges like Binance, Upbit, and others in the past day.
The @whale_alert Twitter account tracked a staggering 70 million XRP worth over $51 million leaving Upbit and going to an unknown wallet yesterday.
After that, three other double-digit million XRP transfers, ranging from 9.3 million to 19.7 million tokens, were spotted exiting Binance for private wallets.
These colossal whale wallets pulling large amounts of XRP off exchanges could be a bullish signal.
Whales often move funds to personal wallets when they intend to hold and accumulate their crypto positions.
This can be a bullish signal, potentially forecasting higher prices.
The departure of XRP from exchanges comes at a time when its on-chain data has started flashing bullish signals.
XRPâs active addresses have spiked massively in the past day, reaching almost 40,000.
With both whales and on-chain metrics turning positive, the stars are finally aligning for XRP to join the marketâs rally.
Green Startup eTukTuk Gains Traction with Eco-Friendly Transportation Vision
While XRPâs revival is capturing tradersâ attention, another presale project is also turning heads this week.
eTukTuk is an innovative platform aiming to electrify and decarbonize the tuk-tuk transportation industry across developing nations.
The projectâs core mission is to replace polluting gas-powered tuk-tuks with a fleet of zero-emission electric âeTukTuks.â
This switch has the potential to dramatically reduce emissions in densely populated cities, leading to cleaner air for millions.
eTukTuk will also build a vast EV charging network to support this eco-friendly transportation revolution.
But eTukTukâs ambitions extend far beyond just swapping engines.
It plans to leverage AI for optimized vehicle routing, predictive maintenance, and enhanced safety features.
The ecosystem will also incorporate blockchain technology â allowing users to stake the native TUK token and earn sizable annual yields.
According to eTukTukâs whitepaper, transitioning to electric tuk-tuks could massively slash operating costs for drivers.
In turn, this would provide significant economic benefits and help promote financial inclusion for low-income riders and drivers across the developing world.
This mission to tackle environmental and economic challenges is clearly resonating with investors.
eTukTukâs ongoing presale has already raised over $1.9 million, with the TUK token currently priced at $0.028.
As it continues raising funds, this green crypto startup could be positioned to disrupt the global transportation sector.
Visit eTukTuk Presale
Disclaimer: The above article is sponsored content; itâs written by a third party. CryptoPotato doesnât endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatoâs full disclaimer.
The post XRP Surges Among Top Crypto Gainers as New eTukTuk Token Also Posts Gains appeared first on CryptoPotato.
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