Why Cardano (ADA), Ripple (XRP) and The Hideaways (HDWY) are Surging
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The crypto market is surging for the first time in a while. This happened as the United Kingdom named former finance minister Rishi Sunak as its new prime minister - a known crypto advocate.
Among today’s top gainers are Cardano (ADA), Ripple (XRP), and The Hideaways (HDWY). You can all score these cryptocurrencies below $1, making them attractive investments to make while the price is on an uptrend.
Cardano (ADA) climbs to the $0.40 zone for the first time this week, securing a 9% jump during the day. This comes as a Member of the European Parliament Stefan Berger called it a “rocket in the crypto space,” citing his admiration for the project on Twitter.
Cardano (ADA) has underperformed in the last 30 days, falling 8.8% - the same time when The Hideaways (HDWY) launched its presale and gave investors the opportunity to make gains of over 4,000% in 2023.
Investors did not miss the chance to take a buying signal from the MEP’s latest comment. Cardano (ADA)’s trading volume surged almost 400% to $1.4 billion in the last 24 hours.
Analysts advise investors to pile on their ADA holdings while the price is less than a dollar as it has a huge chance of doubling its price in the coming weeks.
Ripple (XRP) updates a positive inflow after falling into negative territory last week. XRP-oriented products hit $800,000 in value last week, sending the total year-on-year value to $9.5 million.
This positive update hints at a recovering trust in the project as it nears the resolution of Ripple’s 18-month legal battle with the US Securities and Exchange Commission.
Ripple (XRP) filed a motion for summary judgment to expedite the case last month.
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