- Ripple (XRP) extends weekly gains to 40%.
- Uniswap (UNI) falters after gaining less than 2% on the weekly chart.
- Clandeno (CLD) attracts investors during its live ICO.
The past seven days have brought the crypto market back to life with major assets recording significant gains. Bitcoin (BTC) surged above $65K, opening the doors for altcoins to trend higher.
Ripple (XRP) was impressive with 40% gains while Uniswap (UNI) faltered with less than 2% gains in the past week. Amid this backdrop, the highly anticipated Clandeno (CLD) project has captured the attention of investors, with major capital inflows pouring into the platform’s ongoing initial coin offering (ICO).
The mixed fortunes within the crypto sector have pushed some investors to bet on Clandeno (CLD). Clandeno (CLD) is attracting capital, prompting analysts to forecast massive gains for the new cryptocurrency.
Ripple (XRP) Gains 40%, Outshines Other Blue-Chips
Ripple (XRP) has been the standout performer in the cryptocurrency market, surging nearly 40% in the past seven days. At press time, Ripple (XRP) gained 6% in the past 24 hours to trade at $0.6128. This helped Ripple (XRP) to extend its impressive gains. Surprisingly, Ripple (XRP) has been on a tear, outperforming Ethereum (ETH) despite its favorable regulatory developments.
An analyst noted that Ripple (XRP) has been performing badly in the past few months, and the reversal in sentiment is a big win for XRP holders. Ripple (XRP) has also overtaken Solana (SOL) in 24 hour-trading volume. For comparison, Ripple (XRP) has a trading volume of $3.5 billion while Solana’s (SOL) stands at $2.6 billion.
Despite this impressive surge, analysts expect Clandeno (CLD) to outperform Ripple (XRP) in the long run. This is because Clandeno (CLD) is a presale project with high growth potential, while Ripple (XRP) holders can hope for a 63% upswing to $1 in the best-case scenario.
Uniswap (UNI) Falters Amid Crypto Excitement
Uniswap (UNI) did not come to the crypto party as leading altcoins enjoyed major rallies. At press time, Uniswap (UNI) is trading $8.11. This indicates a 2% decline in the past 24 hours and a gain of less than 2% in the past seven days. This price action has disappointed Uniswap (UNI) holders expecting major gains.
An analyst pointed out that the market does not move in unison, indicating that Uniswap (UNI) could have its time in the sunshine. Uniswap (UNI) is predicted to rise to $9.50 in Q3 if the market remains strong. Another analyst noted that Uniswap could benefit from the anticipated launch of Ethereum (ETH) ETFs in the U.S. in the coming weeks.
Clandeno (CLD): Live ICO Lures Investors
Clandeno (CLD), a decentralized e-commerce platform leveraging blockchain technology, is gaining significant traction during its ongoing initial coin offering (ICO). Ripple (XRP) and Uniswap (UNI) investors are flocking to Clandeno’s (CLD) live ICO in anticipation of at least 100X gains.
Clandeno (CLD) is positioning itself as an innovative solution that enables fast, efficient and transparent transactions between online buyers and sellers. By harnessing the power of blockchain, Clandeno (CLD) aims to redefine the e-commerce landscape by addressing existing challenges.
Clandeno (CLD) has committed to minting 525 million CLD tokens, with 365 million allocated for pre-sale investors. To ensure alignment with long-term success, the Clandeno (CLD) team will lock its tokens for 2.5 years and the liquidity pool for 20 years.
Given the compelling value proposition and the current bullish sentiment in the cryptocurrency market, analysts have singled out Clandeno (CLD) as the best new altcoin to buy in Q3 2024.
To find out more about the Clandeno presale, visit their website here.
Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.
