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It has been a great week for crypto investors as major cryptocurrencies hit key price levels. Bitcoin (BTC) flew past $65,000 while XRP surprised investors with a 40% surge. Data indicate that the current rally still has momentum to go higher.
During the same period, Clandeno (CLD), an upcoming e-commerce cryptocurrency has lured investors with its potential notable gains in the coming months.
XRP rises to impress investors
XRP holders smiled in the past week after registering impressive gains. At press time, XRP is trading at $0.6152. This indicates a 13% increase in the past 24 hours. On the weekly chart, XRP gained 40%, making it one of the best-performing assets in that period.
Analysts are optimistic that XRP could surge to $1 in Q4, but first, it needs to reach $0.80. XRP trading volume reached $3.7 billion in the past 24 hours, with investors expecting more capital to flow to push XRP's price higher.
Although XRP still has room for growth, analysts say maximum gains lie in Clandeno's (CLD) live ICO.
Bitcoin (BTC) reaches $65,000
Bitcoin (BTC) surpassed $65,000 on July 17, the first time it traded above $65K since June 20. The leading cryptocurrency reached a high of $66,066, before surrendering its gains. Bitcoin (BTC) is trading at $64,763 at press time, a 2% increase in the past 24 hours.
This development has left analysts optimistic that Bitcoin (BTC) can reach $70,000. Bitcoin (BTC) saw its trading volume drop 5% to $38 billion in the past 24 hours. Analysts pointed out that Bitcoin (BTC) held the fort during the German government's $3 billion selling spree and Mt Gox's liquidation.
Clandeno (CLD) community indicates opportunities for possible growth
Clandeno (CLD) has taken the crypto world by storm during its live ICO. The new cryptocurrency has lured investors as it enters the e-commerce space. Clandeno (CLD) is tipped to challenge Amazon as it builds an online marketplace based on blockchain. This will allow Clandeno's (CLD) platform to enhance security and transparency.
On the investor side, Clandeno (CLD) will issue 525 million CLD tokens, with 365 million reserved for investors during the presale. The team will lock its tokens for 2.5 years while the liquidity pool will be locked for 20 years.
Clandeno (CLD) will launch on Uniswap and major centralized exchanges. The platform has passed its smart contract audit, making it safe for investors.
To find out more about the Clandeno presale, visit their website here.
Denys Serhiichuk
Tomiwabold Olajide