XRP is cooling down after a meteoric rally this month. However, one prominent analyst says that it’s not done yet – $3 is coming before the year-end.
Meanwhile, new altcoins Catslap, Crypto All-Stars, and Wall Street Pepe are also turning heads among top traders.
Analyst Says XRP Correction Over
A crypto trader who goes by CW has just posted an analysis in which XRP is projected to hit $3.8 this month.
CW notes that the XRP price is trading in an uptrend and suggests that the recent cool-off is now complete. From here, the trader expects an upward ascent, catapulting XRP to a high of $3.8 in the coming days.
The $3 price target is a psychologically important one in the XRP community. It is the nearest full-dollar target to its previous all-time high (ATH) of $3.84.
Once it breaks $3, its 2018 ATH is within sight, which will likely spark euphoria within the community.
As such, prominent XRP community accounts such as XRP Captain also target the $3 mark for December.
Currently, XRP is trading at $2.29, down 5% today, up 40% this week, and 327% this month. It holds a $130 billion market cap and a $13.5 billion 24-hour trading volume, down 50% today.
But while some traders have high hopes for XRP, others have shifted their attention to other projects, hoping to replicate the staggering gains it has provided this month.
For instance, ProfesorAstrones says XRP profits will rotate into Dogecoin, anticipating a DOGE rally toward $1 in the coming weeks.
Meanwhile, other analysts are looking toward newer meme coins that could offer even more significant growth amidst the crypto bull rally.
What Tokens Could Provide the Biggest Gains After XRP?
Right now, the three emerging altcoins showing the most potential are Catslap, Crypto All-Stars, and Wall Street Pepe.
Catslap is a new meme coin exploding in popularity after several market-moving announcements this week. Notably, it has just secured a listing on the top-10 crypto exchange MEXC, exposing it to a wider pool of investors.
This is impressive because the token was launched less than two weeks ago, confirming that the team is well-connected and capable of fast execution.
The project also recently received a landmark $500K investment from prominent Chicago-based money house Jump Trading, further illustrating Catslap’s appeal among industry titans.
But it also has strong appeal among retail traders. Catslap has a quirky game on its website homepage where users can slap a celebrity with a cat. However, they recently upped the stakes by turning this into “Slap-to-Earn,” providing users with $SLAP token rewards for playing.
$SLAP is currently trading at $0.006579, but analyst Jacob Bury recently appeared on the 99Bitcoins YouTube channel and said its price could 10x.
Bury noted that Catslap has already provided significant gains, but the bullish market conditions and its innovative utility separate it and signal a lot of potential.
Crypto All-Stars is another meme coin with strong potential. Right now, investors can buy it at the lowest possible price via the presale.
The project is building a meme coin staking app that lets users earn passive income on their Dogecoin, Shiba Inu, Pepe, Bonk, and more. However, their rewards depend on how many $STARS they hold, creating a unique token economy that could stimulate significant demand.
The presale has raised over $9 million so far but ends in 14 days, so prospective investors should act fast.
Wall Street Pepe is the newest viral presale on the market. It launched less than 48 hours ago and is off to an explosive start, raising over $1.3 million so far.
The project merges the nonchalant lore of Pepe coin with the brash and ruthlessly ambitious energy of Jordan Belfort. Wall Street Pepe is for the little guy who dreams big.
It’s a brand new meme coin, leaving maximum upside potential for those who buy now. But the true power of $WEPE is not its memetic allure. It’s the power of its community.
The project provides community members with trading alpha, an insider trading group, staking, and a program where users get paid for sharing trading ideas.
Currently, $WEPE is available to buy at $0.000204, but this price will rise in three days.
