CandleFocus

This crypto is down 42% and screams “buy” right now (Hint: Not XRP)

Author: Content Editor
The article discusses the performance of XRP in Q4 2024, highlighting its impressive rally and increased market cap rank. It also mentions a recent market crash that affected other cryptocurrencies and created a buying opportunity. The focus then shifts to MultiversX (EGLD), which has retraced significantly since a local top, but technical indicators suggest it could be a "buy" with the potential to bounce back from support. The article emphasizes MultiversX's solid fundamentals, expert analyses, and real-world momentum with partnerships and collaborations. It also mentions the active development happening within the MultiversX ecosystem, including hackathons and collabathons. The article concludes by noting that the decision to invest in EGLD carries risks and that MultiversX has a relatively low capitalization compared to other recognized blockchains.

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