Here’s Why Traders Should Forget XRP Price Hitting $1 and Back These 3 Coins
XRP appears set to break the $0.50 resistance point. However, while the token appears to consolidate, three digital assets available on presale look set to deliver massive gains.
Broader Market Pressure Makes XRP Outlook Bleak
The broader economy has been the biggest indicator of the crypto market’s direction. Inflation fears have rocked several of the world’s top economies, and policymakers have scrambled to make changes to accommodate them.
After the United States Federal Reserve reported a 0.4% month-on-month rise in the consumer price index (CPI), there have been fears that it could increase interest rates once more when the Federal Open Market Committee (FOMC) arrives in November.
So far, analysts still expect the Fed to increase interest rates by at least 75 basis points in November. If this happens, investors will find it more challenging to borrow money, and markets will be affected. XRP is one of the most valuable coins in the crypto space, so its price will be one of the most affected if the crypto market takes a hit.
Presales Provide an Opportunity for Gains
Despite the bleak outlook, the crypto market still provides an opportunity for gains. This is especially true for presales, assets yet to be listed on exchanges but already available for early investors.
These are some of the most prominent presales in the market:
Dash 2 Trade (D2T)
One of the most promising presales in the market, D2T, powers Dash 2 Trade, a reliable research and analytics platform that intends to be the “Bloomberg terminal for crypto.”
Dash 2 Trade offers a simple way for investors to access high-quality information. The platform has several notable features, including notifications for new coin listings, tools for building trading strategies, and even trading signals.
D2T allows users to pay for the platform’s Starter and Premium service tiers. Users are to pay 400 D2T for the Starter tier, while the Premium tier goes for 1,000 D2T. Over time, D2T is expected to see gains — especially with Dash 2 Trade having an impressive user base and more investors expected to enter the market in the near future.
The crypto asset is now available on presale at a unit price of $0.05. So far, the social analytics platform has raised $3 million in its second lap of the presale. This shows strong investor interest, given that the project is less than a month old. Additionally, only 42.6 million tokens remain, and early-bird investors could clock over 39% in profit once the presale ends.
Buy DASH on Presale Now
Impact Project (IMPT)
Investors looking interested in impact investing can consider IMPT. The digital asset is tied to the Impact Project, a blockchain tool that seeks to fight climate change and redefine blockchain’s role in creating a greener world.
Impact Project facilitates the purchase of carbon credits, allowing individuals and companies to offset their carbon footprint. The platform also makes it possible for users to fund environmental sustainability projects worldwide, tackling global warming on two fronts.
As part of its approach, the Impact Project has signed over 25,000 affiliates into its global network. The affiliates include companies like Netflix, Amazon, and Microsoft, and they will commit a portion of their revenues towards carbon credit purchases that help build a sustainable planet.
Investors looking to partner with them can also do so using IMPT. The token is available on presale at a unit price of $0.018.
Buy IMPT on Presale Now
For blockchain gaming enthusiasts, RIA is the perfect presale. The asset is the ecosystem token for Calvaria: Duels of Eternity, a blockchain game set to launch on Android and iOS devices soon.
Calvaria is set in an afterlife-themed game universe. Players are to purchase non-fungible token (NFT) trading cards and build winning strategies. The trading card game rewards battle winners with RIA, its native token.
Calvaria is expected to be the next big hit in blockchain gaming. The game has a seamless user interface and attractive gameplay, and its incorporation of an in-house NFT marketplace makes it easy for players to trade their tokens for money. Investors can also gain massive utility from RIA. The digital asset is a proof-of-stake (PoS) coin. So holders can stake it and earn more units. Staking also allows investors to participate in the Calvaria decentralized autonomous organization (DAO), where they can vote on platform upgrades.
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