TL;DR:
- Crypto investors become more selective in 2024
- Ripple (XRP) awaits renewal of price action, based on SEC settlement
- Litecoin (LTC) becomes a favorite of miners, but investors are still wary
- Clandeno (CLD) aims to offer the best entry point through its presale-stage ICO
Scarce Liquidity Makes Investors Flee Lagging Coins
Investors are wary of locking up scarce funds and skipping new growth opportunities. Ripple (XRP) is already at the end of a 40% rally and showing some fatigue. Litecoin (LTC) is yet to show its ability to compete with the bigger assets, and is starting to lose its shine. In this investment climate, Clandeno (CLD) aims to offer the optimal entry point during its presale-stage ICO.
Ripple (XRP) Awaits SEC Settlement
Ripple (XRP) sits close to $0.60, awaiting news to spark a new rally. Ripple (XRP) may hear news of a settlement for all claims to fines or further lawsuits. With that decision, Ripple (XRP) will be freed from further scrutiny from the US Securities and Exchange Commission.
Despite this, Ripple (XRP) is still a relatively inactive asset, especially for new cohorts of investors. Ripple (XRP) is seen as capable of breaking out, but the asset has spent several bull cycles without revisiting its 2017 peak. At the same time, Ripple (XRP) lags behind decentralized finance, and has not been used for any of the new technologies in Web3 space.
Litecoin (LTC) Catches Up on Mining Growth
Litecoin (LTC) is now growing its mining rate, attracting operators that find Bitcoin (BTC) mining too inaccessible. Litecoin (LTC) continues to exist as a relatively safe asset, though a bad entry point can erase a large part of investments.
Litecoin (LTC) traded at $71.72 after a one-week rally, after spending months in double-digit territory. Litecoin (LTC) has so far failed to recreate its climb to $400, achieved in 2021, so new investors are fearful the asset may continue to underperform.
Clandeno (CLD) Creates Best Approach to Outperforming Markets
Clandeno (CLD) is an upcoming decentralized e-commerce platform. The tokenized model ensures the best appreciation potential for the native token of Clandeno (CLD). The presale-stage ICO opens with a price of only $0.013, setting up the best conditions for outperforming the market.
The Clandeno (CLD) ICO will distribute 365M tokens set aside for the public. Additional tokens will be distributed in flash sales, incentives, or staking rewards. Early ICO buyers can expect Clandeno (CLD) to appreciate and produce profits. They can also choose to hold their tokens, becoming eligible to vote on the platform’s future, as well as gain a share of commission fees.
To find out more about the Clandeno presale, visit their website here.
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