Ripple (XRP) On The Rise But Why Does Everyone Love Clandeno

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Meta description: Ripple (XRP) has stagnated for years. At the same time, Clandeno (CLD) invites investors with a fresh opportunity for growth.

TL;DR:

• Older assets did not rally as hard as expected during the 2024 bull market
• Ripple (XRP) only managed short-term rallies, hovering at around $0.50 for months
• Clandeno (CLD) aims for wide token distribution, while offering revenue sharing for all holders

Older Tokens Fail to Break Out in 2024

The tide of the 2024 bull market was supposed to revive all tokens. In the case of Ripple (XRP), there was hope that another bull market could save the asset from its long-term slide. Ripple (XRP) remained locked under $1, spending most of its time trading close to $0.50. Despite hopes of a return, investors are scouting out new opportunities, and the Clandeno (CLD) ICO is coming up with a bang. 

Ripple (XRP) Still at Odds with Regulators

Ripple (XRP) is still not completely off the hook in its legal battle with the US Securities and Exchange Commission (SEC). While Ripple (XRP) is possibly going to be given a commodity status, the SEC also seeks a significant fine form the Ripple Foundation. There is no hard and fast deadline for the final decision, and this keeps the price of Ripple (XPR) in legal uncertainty. 

Ripple (XRP) recovered slightly to $0.42, after treading water around $0.39. The asset is still under its one-month peak above $0.50. Ripple (XPR) spent a year with more active trading after getting re-listed on Binance. There are speculations that Ripple (XRP) is manipulated by insiders, to avoid crashing to zero, while also being unable to find organic growth. 

ICO Season Returns with Clandeno (CLD) Presale

Clandeno (CLD) is a new project aiming to decentralize e-commerce and tap the potential of all coin holders in a single, reliable platform. Clandeno (CLD) is now preparing to place 365M tokens, the larger part of the total supply, to reach the widest possible community. 

Clandeno (CLD) will be the native token of a high-speed platform that will facilitate the sale of real-world goods. The Clandeno (CLD) token will also reward all ecosystem participants, but especially early buyers. Clandeno (CLD) will aim for fair distribution, to avoid the creation of whales, and will have incentives for holding even for small-scale token buyers. The Clandeno (CLD) platform will generate revenues through a 5% fee on all transactions, and will share the income with token holders.

Clandeno (CLD) aims to combine traditional e-commerce approaches with the potential of blockchain transfers. All Clandeno (CLD) users will have a chance for safe transactions, which can also retain confidentiality. 

To find out more about the Clandeno presale, visit their website here.

 *This article was paid for. Cryptonomist did not write the article or test the platform.