XRP Holds Key Support as Wall Street Quietly Backs It—But Could Other Altcoins Be the Best Crypto to Buy Now?

XRP Holds Key Support as Wall Street Quietly Backs It—But Could Other Altcoins Be the Best Crypto to Buy Now?

  • 02.06.2025 15:28
  • livebitcoinnews.com
  • Keywords: XRP, AurealOne, DexBoss, Cat in a Dog’s World, Berachain

XRP is consolidating near a support level with institutional backing but faces technical challenges. Meanwhile, altcoins like AurealOne and Berachain are emerging as potential investment options in the crypto market.

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Estimated market influence

Coinbase Institutional

Positivesentiment_satisfied
Analyst rating: N/A

Investment from big investors is increasing, even as XRP deals with short-term dips. On May 29, Coinbase Institutional reported that starting on June 13, U.S. investors would be able to trade 24/7 in XRP and Solana futures.

Ault Capital Group

Positivesentiment_satisfied
Analyst rating: N/A

Ault Capital Group, which belongs to Hyperscale Data, will release an institutional XRP lending platform in Q3 2025, focusing on major U.S. stock exchange-listed public companies.

Hyperscale Data

Positivesentiment_satisfied
Analyst rating: N/A

Ault Capital Group, which belongs to Hyperscale Data, will release an institutional XRP lending platform in Q3 2025.

AurealOne

Positivesentiment_satisfied
Analyst rating: N/A

AurealOne was created for gaming and metaverse development using a quick and affordable blockchain. All of AurealOne’s systems and functions rely on the DLUME token.

DexBoss

Positivesentiment_satisfied
Analyst rating: N/A

DexBoss combines traditional and decentralised finance to allow traders to work without any hurdles.

Cat in a Dog’s World

Positivesentiment_satisfied
Analyst rating: N/A

Cat in a Dog’s World (MEW) was released on Solana on March 25, 2024, as a meme coin. The team uses a smart tokenomics plan to hold the price steady and distribute among Solana community members.

Berachain

Positivesentiment_satisfied
Analyst rating: N/A

Berachain (BERA) uses the EVM sequence and adds a Proof-of-Liquidity (PoL) way of reaching consensus.

LOCUS Studios

Positivesentiment_satisfied
Analyst rating: N/A

The project connected with LOCUS Studios to produce animated videos which has reinforced its popularity in the cryptocurrency world.

Context

Business Insights and Market Implications Analysis

XRP Overview

  • Price: $2.17 (down 1.2% in 24h, 6% weekly)
  • Volume: Decreased by ~37% to $1.51 billion
  • Support Level: Consolidating near $2.11-$2.35 range, indicating investor uncertainty
  • Institutional Backing:
    • Coinbase Institutional will allow U.S. investors to trade XRP and Solana futures starting June 13.
    • Ault Capital Group (Hyperscale Data) plans to launch an institutional XRP lending platform in Q3 2025.

Competitive Dynamics and Altcoins

AurealOne (DLUME)

  • Focus: Blockchain gaming and metaverse development
  • Tokenomics:
    • Price range: $0.0005 to $0.0045
    • Current price: $0.0013
    • Token sale in 21 rounds with increasing prices
  • Technology: Uses Zero-Knowledge Rollups for fast, low-cost transactions
  • Gaming Integration: Partnerships with games like Clash of Tiles and upcoming DarkLume

DexBoss (DEBO)

  • Focus: Decentralized Finance (DeFi) with an easy-to-use interface
  • Tokenomics:
    • Buyback and burn system for token value support
    • Presale price range: $0.01 to $0.0458
    • Current price: $0.011
  • Features:
    • Margin trading, staking, and liquidity farming
    • Fast order filling and low slippage

Cat in a Dog’s World (MEW)

  • Focus: Meme coin with a cat theme
  • Tokenomics:
    • 90% of liquidity pool tokens burned at launch to stabilize price
    • 10% distributed to Solana community members
  • Popularity: Partnered with LOCUS Studios for animated videos, boosting appeal

Berachain (BERA)

  • Focus: Layer-1 blockchain with Proof-of-Liquidity consensus
  • Tokenomics:
    • BERA: Gas token
    • BGT: Rewards for liquidity providers (non-transferable)
    • HONEY: Stablecoin for transactions and dApps
  • DeFi Ecosystem:
    • BEX (exchange), BEND (lending), and BERP (perpetual futures)

Market Trends and Implications

  • Institutional Momentum: Institutional interest in XRP suggests potential stabilization despite short-term volatility.
  • Altcoin Growth: New projects like AurealOne, DexBoss, MEW, and Berachain are targeting niche markets (gaming, DeFi) with innovative solutions.
  • Market Volatility: Investors are advised to assess security, utility, and market trends due to the dynamic nature of the cryptocurrency market.

Conclusion

  • XRP: Faces technical challenges but may see institutional support-driven recovery.
  • Altcoins: Offer unique value propositions in specific markets, with potential for rapid growth but also higher risk.
  • Investment Strategy: Diversification and careful analysis of each project’s fundamentals, tokenomics, and market positioning are crucial.