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XRP Price Breaks $1 – Next 6 Penny Crypto to Hit One Dollar

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Amid rejuvenated optimism in the cryptocurrency market and intensifying rumors suggesting a potential meeting between Ripple CEO Brad Garlinghouse and President-elect Donald Trump, XRP pumped 30% on the daily chart to cross the $1 mark – its highest price level since November 2021. 

While it had a slow start to the ongoing bull cycle, XRP has finally exploded beyond all expectations, flipping the meme coin king – Dogecoin to break into the top six crypto assets by market cap. 

With its price now oscillating between $1.15 and $1.19, XRP ranks top among the best-performing cryptocurrencies over the past day, outperforming even Bitcoin and Ethereum. 

Why Is XRP Pumping?

While the market-wide bull run has played a crucial role, XRP’s latest surge is not unconnected to a rumor indicating that Garlinghouse met with Trump over plans to reshape crypto policy in the coming year. 

The emergence of Trump as the 47th president of the United States has rekindled investors’ confidence in the industry and ignited a massive rally for Bitcoin, pushing it to a peak of $93k. Unsurprisingly, the bull market spurred noticeable gains on altcoins too, with some even breaking their all-time highs. 

Meanwhile, ahead of Trump’s return to the White House, analysts foresee legislation that will facilitate the growth of blockchain and digital assets. This possibility could benefit Ripple Labs, which has been engulfed in a fierce legal battle with Gary Gensler-led SEC. 

That being said, the rumor of Garlinghouse meeting Trump was first shared on X by Zach Rector. The CEO liked the post though he did not explicitly confirm the meeting. In fact, when he was asked about the meeting during a recent interview with FOX Business, he subtly avoided the question, making the anchor interpret his gesture as confirmation. 

https://twitter.com/ZachRector7/status/1856189247822405633

The prospect of Garlinghouse having a meeting with Trump could accelerate the approval of XRP ETF in the United States next year, especially with some reports suggesting Gensler might be leaving his role soon. 

Another major factor that has also contributed to XRP’s latest surge is its recent listing on Robinhood, broadening its visibility among potential investors, especially in the U.S. market. 

Can $XRP Sustain This Uptrend?

After breaking its three-year barrier, XRP is now aiming for further growth, particularly towards the $2 mark. Per GeckoTerminal data, the XRP/USDT trading pair has recorded not less than 1610 buy orders over the past 24 hours, compared to only 1100 sell orders. The sharp decline in the selling pressure suggests that the bulls have taken full control of the market, driving the price even higher. 

Most importantly, XRP’s RSI is hovering around 63-65, signaling a big wave in purchases. Analysts see this as a bullish momentum, indicating that more upward action could even be on the horizon. If the momentum persists and the demand for XRP continues to grow, its price could climb to $1.5 in the coming days. 

However, in the event that the sentiment shifts to the bearish side, with sellers gaining an advantage, XRP could reverse to chase the $0.8 support. 

Next Penny Crypto to Hit One Dollar – Top 6 List

While XRP stands out as a promising long-term investment opportunity due to its utility-driven posture, its multi-billion-dollar market valuation implies that its potential for further growth may be somewhat limited. As such, the next wave of penny altcoins presents more exciting opportunities for every investor looking to fully capitalize on the ongoing bull run at low costs. 

Six cheap alternatives – Pepe Unchained (PEPU), Flockerz (FLOCK), Crypto All-Stars (STARS), FreeDum Fighters (DUM), Best Wallet Token (BEST), and No Mans Land (NML) have positioned themselves on the watchlist of investors due to their high-growth potential, vast community reach, and impressive earning mechanics. 

In this section of our article, we will explore all the notable features that strengthen their appeal as the next penny tokens to hit the $1 mark. 

Pepe Unchained 

With over $33 million raised from investors, Pepe Unchained is making headlines as the biggest, most in-demand meme coin presale of 2024. Central to its viral success are its popular Pepe branding, unique community engagement strategies, and most importantly its lightning-fast Layer-2 chain. 

Pepe Unchained sets itself apart as the first meme coin project with a native Layer-2 chain, eliminating network delays and high gas fees that plagued its predecessors, especially the ones running on the Layer-1 network. 

With its ecosystem featuring a host of advanced functionalities such as Pump Pad, built-in DEX, dedicated block explorer, analytical tool, bridge, and builders’ grant, among others, Pepe Unchained is poised to become a key player in the bustling meme coin market segment and the overall crypto sector at large. 

For crypto traders looking to stay ahead of the game, Pepe Unchained’s Layer-2 chain offers high throughput, low fees, and unparalleled network efficiency. Developers can also tap into the rich functionalities provided by the chain to build innovative projects and deliver maximum experience to their users. 

Another important selling point of Pepe Unchained is its standard staking facility, allowing early buyers to earn dynamic returns for their contributions to the stability of the ecosystem. What has also helped the token achieve landslide success in its presale is its status as an audited project. 

Despite being a new launch, it has already passed two different audits from leading blockchain security firms, Coinsult and SolidProof.

All the aforementioned factors make PEPU appealing to a broader investor base, bolstering its demand even as it prepares for its eagerly awaited DEX debut. With all categories of investors betting bullishly on PEPU’s potential, major market experts say the token might be an instant success.

In less than 26 days, the Pepe Unchained presale will finally come to a close. Investors can still take advantage of this short window to buy PEPU at a low price of $0.0128.

For the latest information about the project, follow Pepe Unchained on X or join its Telegram channel.

Visit Pepe Unchained

Flockerz 

Flockerz is yet another compelling pick for the best penny crypto to buy now. Unlike traditional meme coins, Flockerz champions a fully decentralized, inclusive model that takes the entire power from a few individuals and returns it to the community. 

The project’s lore centers around a very powerful ruler – King Birb and the collapse of the kingdom due to centralized power control. Flocks, representing members of the kingdom, believed such an approach jettisoned their common interest and favored only a few. Addressing the issue, King Birb decided to sacrifice his powers, embracing a governance system that thrives on community inclusiveness and engagement. 

Flockerz seeks to bring the true promise of decentralization into the meme coin space. While many meme coin projects that have promised such have failed to deliver, Flockerz is already hitting the ground running through its Vote-to-Earn (VTE) solution. Through this innovative system, the project is inviting degen investors to participate and shape its future. 

At its core, Flockerz’s VTE provides a sense of belonging for investors, allowing them to determine important aspects of its future, including its use cases, partnerships/integrations, and many more. Adding a feather to its cap is its staking mechanism, offering a three-digit APY reward. This enticing earning possibility incentivizes commitment and participation in the platform’s growth from its inception. 

Currently, Flockerz has raised over $2 million in presale. Given its burgeoning popularity and tangible staking perks, $FLOCK is likely to witness a significant uptick when it eventually arrives on DEX. 

For those interested, one $FLOCK is selling for $0.0060 and can be exchanged with ETH, BNB, USDT, and credit/debit cards. 

To stay updated with future developments on the project, follow Flockerz on X or join its Telegram channel

Visit Flockerz

Crypto All-Stars

Crypto All-Stars started trending as soon as it arrived on presale. Powered by its flagship MemeVault solution, this new project brings a completely new approach to staking meme coins. The solution is designed to support the “creme de la creme,” in the meme coin niche, especially DOGE, MOG, SHIBA, BONK, FLOKI, and PEPE, empowering their holders to maximize their returns. 

Crypto All-Stars stands out as the first-ever meme coin project to offer a multi-meme staking protocol, underscoring its status as a top-tier option for different meme token holders seeking to put their tokens to best use and earn substantial staking perks. Thanks to its major audits from SolidProof and Coinsult, Crypto All-Stars’ MemeVault delivers unbeatable security for users and their staked coins. 

Powering the all-around staking platform is its native token – $STARS. For staking any of the supported meme coins, investors will be incentivized with this token. 

It is even possible to stake $STARS for more rewards. As a matter of fact, staking $STARS ensures that users can claim a passive reward that is 3x higher than the ones offered for other meme coins. This incentive structure raises the prospects of holding $STARS. 

Moreover, Crypto All-Stars’ fresh and lucrative approach to rewarding presale participants has caught the attention of popular crypto experts like Clinix Crypto who recently predicted a 10x return for the token. 

STARS is currently available for grabs at $0.00157 and has raised over $4 million already.

For more information, follow Crypto All-Stars on X or join its Telegram channel

Visit Crypto All-Stars

FreeDum Fighters

Built on Ethereum, FreeDum Fighters ranks high among the lineup of penny cryptos that could probably achieve the $1 level in the coming months. At the heart of its appeal is its interesting narrative which dwells on political trends in the United States. While embodying the spirit of the meme coin lineage, this project presents a satirical representation of two mechanized political leaders in the United States, dubbed MAGATRON and Kamacop 9000. 

MAGATRON takes on the outspoken personality of Donald Trump – the ultimate winner of the November 5 elections. Kamacop 9000, on the other hand, is modeled after Kamala Harris, a feminist and advocate of social justice. Both leaders are now gearing up for a replica of the real-world election in the crypto arena. 

Thanks to its dual staking approach, investors will be able to pledge their allegiance, vote, and inflate the ego of their chosen candidate. In return, they earn attractive APY rewards. 

Another major highlight is its weekly debates, allowing investors to share their political views and participate in meme contests to earn rewards. Such an initiative not only injects another earning mechanic into the ecosystem but also helps build a loyal supporter base who are directly connected to the project. 

With Trump’s inauguration scheduled for January 2025, FreeDum Fighters’ politically-oriented theme positions it as one of the newest altcoins to watch closely. Based on experts’ predictions, the token could do 10x if the bull cycle remains intact. 

Currently available at $0.00008 per token, DUM has garnered upwards of $500k from early investors. Those interested in gaining early exposure to the token can visit its official website right now to partake in its presale. 

For more information, follow FreeDum Fighters on X or join its Telegram channel

Visit FreeDum Fighters

Best Wallet Token

Best Wallet Token is yet another promising crypto that has taken the investing community by storm. The newly launched token serves as the lifeblood of Best Wallet – an all-around Bitcoin wallet that caters to the modern needs of crypto traders. Best Wallet is more than just a decentralized wallet solution – it hosts multiple game-changing functionalities that offer a seamless trading experience for all users. 

Best Wallet Token was launched to bring additional value to users, functioning as both a reward and utility token. The token’s private sale is live, offering the lowest entry point for wallet users. Within a few hours of its launch, the first stage of the private sale was completely sold out, underscoring the high demand for the token. 

Those who download the Best Wallet app right now and start using it are also eligible for the two-week-long presale, demonstrating its commitment to inclusive access. Other wallet users will also be accommodated sometime in December, with the token switching from a private sale to a public sale. 

With that being said, holding $BEST offers numerous benefits within the Best Wallet ecosystem. From providing access to highly promising presales to facilitating transactions at low fees and high staking rewards, Best Wallet Token distinguishes itself as a valuable addition to investors’ portfolios. 

In addition to the aforementioned perks, Best Wallet Token also grants governance rights to holders, ensuring that they are directly involved in the project’s success. 

As Best Wallet continues to gain more ground, $BEST is expected to resonate with a broad investor base, potentially driving up its price.

At press time, the token is exchanging hands for a discounted rate of $0.02255, making it a better decision for interested persons to download the Best Wallet app and buy the token before it goes public. 

To stay informed about updates, promotions, and community events, follow Best Wallet’s official Twitter, Discord, and Telegram channels.

Visit Best Wallet Token Presale

No Mans Land

With real-life expenditure as its central theme and groundbreaking experiences geared toward redefining the future of cryptocurrency, No Mans Land has been gaining significant buzz lately. 

The project is developed by Daniel Eggington – an adventurer who is taking up six extreme challenges spread across six terrains, like the favelas in Brazil, the icy Arctic in Sweden, the Atlas Mountains in Morroco, and more. 

The social media community will be able to keep up with the extremely dangerous journey on the project’s Instagram and X handles. Whenever he completes any of the missions, there will be a token burn to enhance its scarcity and eventually boost its price. 

As Daniel’s exhilarating journey continues to captivate the crypto community, experts believe NML will see a significant pump in its price, potentially recording a 5x to 10x growth. If this prediction is anything to go by, NML may be one of the low-cap tokens to buy right now. 

Since its listing, $NML is up several hundred percent – view the latest price chart on DEXScreener. Also join the Telegram community for updates.

Visit No Mans Land

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IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.