XRP Retreats as Traders Pivot to Hot New Altcoins Like SUBDD—Is the King Losing Its Crown?
Crypto markets never sleep—and neither do traders chasing the next moonshot. XRP, the once-dominant payment token, is seeing capital bleed into upstarts like SUBDD as altcoin season heats up.
Rotation or rout? While XRP consolidates after its Q2 rally, a new wave of speculative capital floods into microcap projects. The usual cycle repeats: hype builds, liquidity follows, and bagholders pray for an exit before the music stops.
SUBDD’s 300% July surge epitomizes the ‘greater fool’ theory in action. Meanwhile, XRP whales appear content to accumulate at key support levels—because nothing says ‘digital asset revolution’ like waiting for a lawsuit to resolve.
Will this be another case of ‘buy the rumor, sell the news’? Or is the market finally rewarding fundamentals over legal theatrics? Either way, the casino stays open 24/7.
XRP Slides as Ethereum Drags Large Cap Alts Down
Trading at $3.09, XRP’s price has plunged around 10% today, which is far more than an average correction. But after rallying over 40% this month, smart traders aren’t surprised.
It appears that the driving force behind XRP’s pullback is Ethereum. Its price slumped over 5% in 24 hours, wiping about $20 billion from its market capitalization. This has triggered profit-taking across other top altcoins, although ethereum has enjoyed a strong rebound, rising by around $100 to $3,630 over the past two hours.
Analysts urge investors not to dwell on recent retracements:
“ETH rallied 80% from the bottom. Yesterday it retraced 8%. People are freaking out. Learn to chill. In Alt Season, the swings are way wilder,” wrote Lady of crypto on X.
Meanwhile, Dark Defender cited an XRP correction which happened on 23 November 2024, shortly before an explosive 2x breakout over the next two months.
Low Caps Explode While XRP, Ethereum Slump
As profit taking ensues on large-cap altcoins, there’s a surge in interest for low caps. Just as Ethereum and XRP surged when Bitcoin settled around $118,000, smaller altcoins are now starting to gain traction. Newton Protocol has gained 56% in the past 24 hours. Graphite Protocol is up 29%, Zircut is up 59%, and many others are up well over 10%.
This follows a famous cyclical pattern known as the “Path to Altcoin Season.”
Meanwhile, the SUBDD Token presale has just surpassed $850,000 in raised funds. And with that, it’s starting to garner attention among top analysts. Some say that if the proposed Altcoin Season commences, this could be one of the projects that performs best. Let’s take a closer look at why.
Top Trader Says $SUBDD is the Next 10x Crypto
SUBDD Token is a new premium content platform that connects fans and creators via decentralized infrastructure and blockchain payments. However, even beyond its blockchain payments, SUBDD has an ecosystem unlike any other on the market.
A big focus is on AI avatars, which enable users to generate their own VIRTUAL creators and monetize them through paywalled content. It offers all the tooling to make getting set up easy and accessible for anyone.
It’s a new way to make money online. It allows aspiring internet entrepreneurs to tap into the $85 billion creator economy without revealing their face and the connotations that may come with that.
Crypto is all about pushing boundaries and unlocking new ways of doing things. SUBDD Token breathes this ethos, and the market is taking note.
With $850,000 raised during its presale, there’s clearly strong appeal among investors. But even top analysts have shown interest. For example, ClayBro recently appeared on the 99Bitcoins YouTube channel and said $SUBDD could be the “Next 10x utility token.”
In crypto where HYPE exceeds tangible utility, SUBDD Token’s innovative approach is a breath of fresh air. So it’s, unsurprisingly, earning a lot of positive attention.
But with the presale raise soaring and price hikes occurring throughout the campaign, time is running low for prospective investors wishing to be early on the project.
Visit SUBDD Token Presale
