The cryptocurrency market is witnessing a resurgence with XRP and Litecoin showing strength due to investor activity and growing interest in new projects.
Litecoin’s miner momentum hints at further gains
Litecoin continues to rise, reaching a price of around $119. This is attributed to a recent uptick in mining activity. According to CoinWarz, mining difficulty has reached a record high of 97.15 million, indicating increased network activity. Analysts suggest that if this trend continues, Litecoin could double and reach $260.
XRP nears $3.1 as whales step in and SEC appeals fade
XRP's price has approached $3.1 following the SEC’s withdrawal of its appeals against Ripple. Analyst Ali Martinez notes that whale activity on the market has also contributed to this rise. Despite a significant supply of XRP, many analysts believe that with ongoing positive sentiment, the price could reach $3.50–$4 by late 2025.
Pepeto’s zero-fee DEX momentum draws attention
Pepeto, a new Ethereum-based project, is attracting trader interest due to its zero-fee trading on PepetoSwap and cross-chain bridge functionality. Currently, the presale has raised over $6.2 million, indicating growing interest, particularly among major investors.
The current situation in the cryptocurrency market suggests potential growth for both XRP and Litecoin, while Pepeto represents an interesting new player with innovative tools.