Select Altcoins Show Strength Amid Broader Market Trends
Select Altcoins Show Strength Amid Broader Market Trends
While the broader cryptocurrency market navigates cautious recovery, specific altcoins have demonstrated significant independent rallies. Trump-linked tokens like MELANIA, TRUMP, and WLFI surged by over 20-54% without clear external triggers. Concurrently, XRP experienced a notable 12% price increase, driven by a substantial $556 million accumulation by investors and strengthening RSI, indicating potential for further upside.
While the wider crypto market remains in turmoil, all Trump-linked coins have surged today without any apparent cause. MELANIA has jumped over 54%, while both TRUMP and World Liberty Financial’s WLFI have gained more than 20%. The overall crypto market has recovered cautiously after key negotiations to end the ongoing US government shutdown.
Separately, XRP’s 12% rally follows a massive $556 million accumulation as investors pull tokens from exchanges. With RSI momentum strengthening, XRP could target $2.64 and $2.75 if bullish sentiment holds.