As Q3 progresses, traders are actively searching for promising cryptocurrencies. Currently, attention is focused on Ripple, Hyperliquid, and BlockDAG.
Ripple's Banking Initiatives
Ripple is taking steps toward the traditional banking sector. The company has applied for a national bank charter and a Federal Reserve master account, potentially increasing its influence in the U.S. financial system. Many analysts believe XRP could reach $3.50 and possibly even $5 by the end of the year if current momentum holds.
Hyperliquid's Price Action at $40
Hyperliquid's chart shows a symmetrical triangle forming just under $40, which could indicate an upcoming breakout. A breach of the $41 level could trigger a significant upward move. However, a new MACD crossover on the 3-day chart suggests a slowing momentum, although strong fundamentals keep the upward potential alive.
BlockDAG's Buyer Battles
BlockDAG's Buyer Battles are gaining attention with a successful presale model. Every day at 00:00 UTC, 50 million BDAG coins are offered. If all are not sold within 24 hours, the remaining coins go to the biggest buyer. So far, BlockDAG has raised $336 million, closing in on its $600 million target. Interest is growing, and users compete to win extra coins.
XRP shows solid growth potential, while Hyperliquid is preparing for a breakout. BlockDAG stands out with its unique Buyer Battles and significant presale volumes, generating interest among traders.
