TL;DR:
- Investors try to single out coins and tokens with the strongest growth potential
- Ripple (XRP) stages a 40% rally, but price stalls
- Litecoin (LTC) may face additional selling pressure from miners
- Clandeno (CLD) brings entry-level opportunity and profit-sharing potential
Investors Seek Coins and Tokens Ready to Take Off
The crypto market continues to carry assets with adequate liquidity, which also perform well on certain days. But older coins like Ripple (XRP) or Litecoin (LTC) may take some time to take off, with corrections in between. The crypto market now struggles to allocate limited liquidity, seeking out the biggest potential winners. The Clandeno (CLD) presale ICO aims to offer a good entry point for maximum growth potential.
Ripple (XRP) Awaits All Charges to be Dismissed
Ripple (XRP) rallied on rumors of having all demands from the US Securities and Exchange Commission dismissed. In the past few weeks, Ripple (XRP) managed a 40% rally, which stalled just above $0.60. For now, the exact factors for Ripple (XRP) growth are unknown, and there is also the possibility for ongoing sideways trading.
Ripple (XRP) is once again available on most large exchanges, though its user base remains limited. A hidden 45% of the supply is still locked, though monthly unlocks can still affect the market.
Litecoin (LTC) May See Selling Pressure from Miners
Litecoin (LTC) is still highly profitable for miners, expanding its hash rate to a new record. This also means Litecoin (LTC) may be sold to cover mining costs. Litecoin (LTC) has produced 74M coins, with around 10M remaining to be mined.
Litecoin (LTC) traded at $71.72 after a recovery from lows of $63. For now, bounces offer limited gains, and only for investors that timed the best entry point. Some Litecoin (LTC) buyers are allocating funds to alternatives like the Clandeno (CLD) ICO.
Clandeno (CLD) Brings Growth Opportunities with Low Entry Price
Clandeno (CLD) brings a mix of low entry price with upward growth potential. The Clandeno (CLD) platform aims to take a cut of burgeoning e-commerce, by building a decentralized platform. Clandeno (CLD) will be used as the platform’s native token, and as a tool to share profits.
All Clandeno (CLD) holders will gain the right to a share of the platform’s commission fees. Clandeno (CLD) holders will also gain from appreciation, after purchasing the ICO asset from only $0.013.
Clandeno (CLD) will distribute a total of 365M tokens during its ICO stage, retaining a treasury for incentives and staking rewards. The total supply of Clandeno (CLD) is capped at 525M.
To find out more about the Clandeno presale, visit their website here.
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