Ripple (XRP) has started to take off once again as it posted a $1.3 billion trading volume last night and has now pumped by over 7% in the last weeks. Considering that the native token of Ripple has been struggling to break the $1 billion training volume for most of the first quarter of 2024, this is considerably good news for investors.
It does pose the question: will March be the month XRP finally pumps to $1 again? Before answering that, we have some exciting tokens we want to look at.
We think that no matter how high XRP climbs this March, these tokens will out-gain the altcoin in 2024. Let’s get into why that is.
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Smog Token- The next Solana millionaire meme coin is here
Solana is the place to go these days if you want to make a big return on your meme coin investments. Myro and Dogwifhat have been a huge success, but before now, Bonk coin has been the start of the show. The meme coin is up over 1300% in the last year and has been one of the better meme coins, but we think Smog Token (SMOG) is about to steal the spotlight.
The token has already pumped over 100% in the last 7 days and that is before any of the main features of the project have dropped. All crypto investors love airdrops, which is the main thing investors of Smog Coin will have to look forward to. The more tasks that investors complete on Zealy and the longer they hold their SMOG tokens, the more points they will earn for the airdrop events, which will translate to more rewards.
There are many impressive things for investors to look forward to as well. The tokenomics shows a clear commitment to virality and rewards. A massive 50% is dedicated to the former and 35% to the latter, so it’s primed to recreate the success of coins like the Bonk coin and Pepe Coin.
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Bitcoin Minetrix: The secret to Bitcoin’s long-term success may lie with this project
Bitcoin Minetrix (BTCMTX) could change not only the way we mine Bitcoin but also how we approach the crypto-mining process in general. At the moment, the Bitcoin mining process is being investigated by the US government to discover how much energy is used. This could spell bad news for the Bitcoin mining community.
Luckily, Bitcoin Minetrix has the answer to this problem that makes mining Bitcoin both greener and cheaper. The issue at the moment actually stems from Bitcoin’s popularity. The mining process has become exclusive because it takes place in massive data centers that cost a massive amount of money to maintain.
The point of crypto is to be decentralized so that the current process isn’t fit for purpose anymore. Cloud mining was supposed to be the solution, but that has failed due to the greed of the mining countries. They overcharge customers to mine BTC, and that’s without worrying about the scammers that dominate the landscape.
Bitcoin Minetrix has realized that the general idea of cloud mining works; it just needed staking to give the individual who wishes to mine more control. The process is simple: investors can stake their BTCMTX and earn rewards, or they can exchange them for mining credits. These credits are their ticket to mining. A better solution and a win-win for everyone.
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Sponge V2- The next iteration of 2023’s biggest meme coins is here
A clear recipe for success for meme coins could be what the people behind Sponge V2 ($SPONGEV2) are currently cooking up. The meme coin has used an innovative stake-to-bridge system that they hope will sustain their ecosystem but also help investors get the possible return because of the familiarity the market will have with the brand.
For those that don’t remember, Sponge Token ($SPONGE), the original meme coin from this ecosystem, was one of the more successful meme coins of 2023. What was most impressive about its success was its journey from the bottom to the top. It pumped over 340% initially despite a bearish market and little or no publicity surrounding its launch.
Now, however, version 2 can build on the success of version 1. How stake-to-bridge works is quite simple: investors that wish to purchase $SPONGEV2 must first purchase and stake $SPONGE. When they do so, an equivalent amount of version 2 is purchased. Once version one sells out, they can claim their new tokens and the rewards for staking. A great way to build success.
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XRP is likely waiting for positive ETF news before a big pump
As we mentioned, Ripple (XRP) has been growing over the last 7 days and overnight surpassed a $1.3 billion trading volume. Despite all this, we are going to preach caution. Of all the major altcoins, XRP has been by far the most disappointing over the last year or so. This is even despite the project winning its case over the SEC, which many thought would be the start of a huge pump.
We think a lot of XRP’s short and long-term success could come from positive ETF news. Bitcoin has already had that success, and Etehereum’s is coming down the line. XRP could be the next coin up, so investors just need to time their investments correctly to profit.
Conclusion
So, to finish up, today might not be the best day to invest in XRP, but it is the perfect time to get on board with Smog Token, Bitcoin Minetrix, and Sponge V2. All of them have the properties necessary to provide investors with huge returns. Their low prices also give the most room for growth.
Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.
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