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After massive gains over recent weeks, XRP has begun to cool off as traders take profits. Its price has decreased by 10% over the past day, despite rising by over 40% this month.
However, traders aren’t sitting idly on the sidelines; they’re reinvesting their capital into smaller tokens with more room for growth.
New AI content platform SUBDD Token has just surpassed the $850,000 raised milestone in its presale, emerging as one of the strongest low-cap projects amid these shifting market dynamics.
If history is anything to go by, this is the part of the market cycle which will be most rewarding for retail investors, and under-the-radar coins like SUBDD are typically those that produce the highest gains.
XRP Slides as Ethereum Drags Large Cap Alts Down
Trading at $3.09, XRP’s price has plunged around 10% today, which is far more than an average correction. But after rallying over 40% this month, smart traders aren’t surprised.
It appears that the driving force behind XRP’s pullback is Ethereum. Its price slumped over 5% in 24 hours, wiping about $20 billion from its market capitalization. This has triggered profit-taking across other top altcoins, although Ethereum has enjoyed a strong rebound, rising by around $100 to $3,630 over the past two hours.
Analysts urge investors not to dwell on recent retracements:
“ETH rallied 80% from the bottom. Yesterday it retraced 8%. People are freaking out. Learn to chill. In Alt Season, the swings are way wilder,” wrote Lady of Crypto on X.
Meanwhile, Dark Defender cited an XRP correction which happened on 23 November 2024, shortly before an explosive 2x breakout over the next two months.
Low Caps Explode While XRP, Ethereum Slump
As profit taking ensues on large-cap altcoins, there’s a surge in interest for low caps. Just as Ethereum and XRP surged when Bitcoin settled around $118,000, smaller altcoins are now starting to gain traction. Newton Protocol has gained 56% in the past 24 hours. Graphite Protocol is up 29%, Zircut is up 59%, and many others are up well over 10%.
This follows a famous cyclical pattern known as the “Path to Altcoin Season.”
Meanwhile, the SUBDD Token presale has just surpassed $850,000 in raised funds. And with that, it’s starting to garner attention among top analysts. Some say that if the proposed Altcoin Season commences, this could be one of the projects that performs best. Let’s take a closer look at why.
Top Trader Says $SUBDD is the Next 10x Crypto
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