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    Home - News - Investors Shift from XRP and Cardano to Bullish Meme Coins—Will XRP & ADA Miss Their ATHs?
    News

    Investors Shift from XRP and Cardano to Bullish Meme Coins—Will XRP & ADA Miss Their ATHs?

    Praveen JadhavBy Praveen JadhavOctober 23, 2024Updated:October 23, 20245 Mins Read
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    Investors Shift from XRP and Cardano to Bullish Meme Coins—Will XRP & ADA Miss Their ATHs
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    Investors are shifting their focus from well-known cryptocurrencies like XRP and Cardano to promising meme coins with strong growth potential. This trend raises questions about whether traditional coins will reach their previous highs as new and exciting options gain traction. The crypto market’s dynamic nature makes it crucial to identify which coins might lead the next surge. 

    Amid this shift, XYZVerse (XYZ) emerges as a standout contender, uniting sports fans through a unique memecoin and aiming to outperform recent favorites with significant growth.

    Score Big with XYZ: The New Meme Coin Heavyweight

    XYZVerse (XYZ) Banner 1

    The fans are losing it! The XYZ token is in the crypto ring, landing blows on the competition – bullshit coins, worthless farming schemes, and scam projects. Like a true champ, this first-ever all-sports meme token has fought its way through the bear market with fearless momentum and shows no signs of slowing down. With eyes set on a roaring thousand-fold growth, XYZ is destined to leave the 2024 meme coin triumphants like BOME and WIF trailing in its wake.

    💰 Own the field, earn while the crowd plays 💰

    XYZ is more than just a benchwarmer in the meme coin game; it’s creating the ultimate playing field with XYZVerse, where the thrill of sports meets the energy of meme culture. With a roadmap equipped with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to draw in millions of gamblers ready to join the action.

    Remember Polymarket’s massive $1 billion trading volume during the US election betting fever? XYZ is gearing up for an even bigger win in the GameFi arena, letting its stakeholders cash in on the perfect combo of meme coin vibes, sports hype, and crypto mass adoption.

    💥 Missed meme coin supercycle? 💥

    By capitalizing on the ever-expanding gambling niche, XYZ is set to become the G.O.A.T of meme coins. BOME’s 5,000% takeoff and WIF’s 1,000% year-to-date rally are now relics of the past because XYZ is set to explode by over 9,900% after the TGE and outshine its sensational predecessors. Get in the game early to secure your spot – currently undervalued, XYZ is going the distance to break new records!

    🥇 Rallying the community, securing the win 🥇

    XYZVerse will be the MVP in this bull run, giving the community the control to call the plays and steer the ecosystem’s direction. Active contributors will receive airdropped XYZ tokens as a reward for their dedication. With rock-solid tokenomics and plans for both CEX/DEX listings, XYZ is positioned for a championship run, ensuring a steady revenue flow and consistent token burns to keep the scoreboard in favor of a strong price and a thriving community.  

    >>The XYZ presale is live – don’t miss out on this knockout 99,900% opportunity!<<

    XRP (XRP)

    In the past week, XRP’s price dipped by 1.94%, settling within the $0.53 to $0.57 range. Over the past month, it saw a larger drop of 9.61%. Despite these declines, XRP managed a modest gain of 1.14% in the last six months. This shows some resilience amid market fluctuations.

    Based on current data, XRP may be gearing up for a move. The Relative Strength Index (RSI) is at 39.23, approaching oversold territory. This could hint at a potential price rebound. The Stochastic indicator sits at 26.40, also suggesting that selling pressure might be easing. However, the MACD level is slightly negative at -0.00263, indicating bearish momentum still lingers.

    Technical indicators are neutral for ADA. The 10-day Simple Moving Average is $0.3639, close to the 100-day SMA of $0.3587. The RSI is 50.08, suggesting a balanced market. The Stochastic indicator at 56.51 also indicates neutrality. The MACD level is slightly positive at 0.0003942. Based on these, ADA’s price might consolidate, with potential to rise if resistance levels are broken.

    Cardano (ADA)

    Cardano (ADA) has shown modest price movements recently. In the past week, its price increased by 1.11 percent. Over the last month, it rose by 3.13 percent. However, over the past six months, the price declined by 22.77 percent. This indicates slight short-term growth but a notable long-term decrease.

    ADA’s current price ranges between $0.3460 and $0.3770. The nearest resistance level is $0.389, and support is at $0.327. If the price breaks above resistance, it could rise by about 3 percent. Surpassing the second resistance at $0.42 could lead to a 12 percent gain. Falling below support might result in a 5 percent drop to $0.327 or a 15 percent decline to $0.296.

    Technical indicators are neutral for ADA. The 10-day Simple Moving Average is $0.3639, close to the 100-day SMA of $0.3587. The RSI is 50.08, suggesting a balanced market. The Stochastic indicator at 56.51 also indicates neutrality. The MACD level is slightly positive at 0.0003942. Based on these, ADA’s price might consolidate, with potential to rise if resistance levels are broken.

    Conclusion

    XRP and ADA are solid, but XYZVerse (XYZ), the first all-sport memecoin, might surpass them by uniting meme culture and sports in the 2024 bull run.

    You can find more information about XYZVersus (XYZ) here:

    Site, Telegram, X

    Also Read: 5 Must-Buy Altcoins That Could Overtake XRP in Your Portfolio

    Disclaimer and Risk Warning

    This article is a sponsored press release meant solely for informational purposes. OvenAdd neither endorses nor takes responsibility for the content, quality, products, advertising, or accuracy of any materials within this article. The views expressed do not represent those of OvenAdd and should not be considered legal, tax, investment, or financial advice. Readers are advised to conduct their own research before making any significant decisions.

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    Praveen Jadhav
    • Website
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    Praveen got into the world of cryptocurrency in 2017 by trading and investing. With a wealth of experience managing various crypto-related projects, Praveen is deeply passionate about all aspects of cryptocurrency, blockchain, Metaverse, and NFTs.

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