Bitcoin’s surge hasn’t stopped since Donald Trump’s presidential election victory. The world’s largest cryptocurrency is currently sitting at $87,332 (per CoinGecko), with the potential to go even further.
This caused a domino effect on the rest of the market, with major altcoins like Ripple ($XRP) also seeing a resurgence. Forbes analysts say that while a bullish run is possible for Ripple, it’s unlikely that we will see some major gains in the upcoming weeks.
For those who want potentially bigger gains, it may be a good idea to look at meme presales, seeing that they’ve historically followed BTC surges.
Right now, one popular meme presale that’s just starting its launch is PlutoChain ($PLUTO).
Let’s check out the deets below.
Ripple Price Prediction Post-Election – Can it Finally Break the $5 Barrier?With renewed optimism for pro-crypto policies following the latest US elections, some XRP investors are once again eyeing the $5 mark – but reaching this milestone is anything but guaranteed.
Despite a recent rally that pushed XRP to $0.618—its highest since October—it’s still nearly 500% below its peak of $3.40 set in 2018. Currently, it stands around $0.58, according to the latest CoinGecko data.
For XRP to even approach $5, it would need a massive rally. Over the past week, the price rose from $0.50 to $0.61, only to pull back to $0.5759.
Binance analysts suggest that XRP must first break through the crucial $0.9302 resistance, which would mark the neckline of a support trendline that’s stayed intact since mid-2022. Until the project surpasses this level, talk of reaching an all-time high remains purely speculative.
What’s more, Ripple’s SEC lawsuit is still active and it’s uncertain whether the outcome will be positive for $XRP. While a $1 target may be more realistic, even that is considered a stretch right now.
Currently, it seems like a better idea to focus on trending assets, particularly meme coin presales like PlutoChain ($PLUTO). Below, we’ll cover why this new presale project has a chance to bring profits in the upcoming weeks.
PlutoChain ($PLUTO) Is a New Presale Project That Wants to Build a Hybrid Bitcoin Layer-2 Blockchain – Investors Should Know These DetailsBitcoin may still be the undisputed leader in crypto, but it’s been left out of the DeFi movement – but PlutoChain has plans to bring it back.
PlutoChain is building a new Layer-2 blockchain solution with the idea to bring smart contracts and DeFi apps directly onto Bitcoin’s network, while also preserving Bitcoin’s robust security protocol.
The native token, $PLUTO, is currently available in presale at $0.101, so investors have early access to the project without overspending. But as the presale stages conclude, the price will go up.
It’s also worth noting that PlutoChain is committed to keeping transaction fees low, which is especially useful during volatile markets. And seeing that the potential meme coin “supercycle” could drive the sector’s market cap to a staggering $1 trillion, it seems like $PLUTO hit just the right timing for the launch.
Plus, with EVM compatibility, developers should be able to easily migrate Ethereum-based DeFi apps to Bitcoin’s network, which may also open up exciting new possibilities for Bitcoin’s ecosystem.
Investors should keep in mind that the presale price is set to increase in two days as the next phase begins. For those curious about PlutoChain’s vision to bridge Bitcoin and DeFi, their whitepaper provides a deeper look.
PlutoChain Prioritizes Security Protocols – SolidProof Audit Proves that Assets Will Remain SafePlutoChain isn’t cutting corners when it comes to security. They’ve gone through a SolidProof audit for in-depth, ongoing security checks, making sure your assets remain securely in your wallet where they belong.
PlutoChain regularly schedules these audits, to make sure they stay on top of any vulnerabilities before they become real issues.
Their team is vigilant and is continuously monitoring smart contracts and updating code to keep everything running smoothly and securely.
With strong encryption in place, PlutoChain also ensures your transactions stay private. Their anonymity features are designed to keep your financial activities secure and confidential, protecting your identity while keeping every transaction legitimate.
Considering how frequent crypto scams are nowadays, this is a breath of fresh air for investors who are worried about their money.
You can join the $PLUTO social hype via Twitter,Discord, and Telegram.
The Bottom LineRipple is finally seeing some action, with the last week bringing a 16% value increase after BTC’s new ATH. But when discussing long-term profits, there’s not much to rely on with XRP.
Meme coin presales might be the better choice right now – particularly new launches like the PlutoChain ($PLUTO).
PlutoChain ($PLUTO) has all the ingredients – unique L2 technology, strong security protocols, and innovative ideas. Because of this, there’s a chance for the project to bring profits after listing, especially if the hype continues.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article