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5 Heavily Discounted Crypto To Buy After Super Bowl 2024, Including XRP And LUNC

5 Heavily Discounted Crypto To Buy After Super Bowl 2024, Including XRP And LUNC

Story Highlights

  • Super Bowl 2024 highlights discounted cryptos with promising growth potential.
  • Regulatory shifts, market dynamics key to XRP's future performance.
  • ORDI and MANTRA show strong gains, signaling bullish market sentiment.

5 Heavily Discounted Crypto To Buy: Following the grand spectacle of Super Bowl 2024, XRP, Terra Luna Classic (LUNC), MANTRA, Stellar (XMR), and ORDI is a unique opportunity for savvy investors. Amidst the fluctuating market, certain digital assets have emerged as particularly enticing, having experienced a significant price surge promising future outlook. 

XRP is at the forefront of transforming the landscape of cross-border payments, offering a quicker, cost-effective alternative to traditional methods. This cryptocurrency has long been a significant figure in the digital currency world, with substantial market capitalization and strategic partnerships that may enhance its value further.

Despite facing regulatory hurdles in 2023, particularly from the U.S. Securities and Exchange Commission (SEC), XRP rallied, reaching a peak of $0.82 before experiencing a pullback. Its journey since 2020 has been marked by ups and downs, notably after regulatory scrutiny led to a drop from its all-time highest value of more than $3.

XRP Price Chart

Looking ahead to 2024, XRP’s trajectory appears linked to several key factors, including shifts in regulatory landscapes, market dynamics, and technological progress. Presently, XRP price stands at $0.5193, experiencing a slight decrease of 2.18% over the last 24 hours. 

 2. Terra Luna Classic (LUNC)

Terra Luna Classic (LUNC) has shown a remarkable recovery, with growing bullish momentum. It reached its all-time high on April 05, 2022, at $119.18, then adjusted downward. Terra Classic price is currently $0.000114, marking a slight decrease. Terra’s blockchain protocol revolutionizes the payment industry by utilizing stablecoins tied to fiat currencies to facilitate stable, global transactions. 

LUNC price chart

The resurgence in LUNC can be attributed to various factors, including Binance’s recent LUNC token burnand the surge in LUNC staking, surpassing 1 trillion. The past week saw an uptick in trading activities and the liquidation of numerous LUNC short positions. Furthermore, the Terra Luna Classic community’s approval of proposal 12033 has played a vital role in this upward trend, reflecting a bullish sentiment in the broader market.

 3. MANTRA

MANTRA, known for its OM utility token, has seen an impressive surge in the digital currency market. Originating on the Ethereum blockchain, MANTRA is set to make a strategic shift towards the Polkadot ecosystem. This move aims to enhance its staking, lending, and governance features.

In 2024, the OM token stands out as a top performer across the cryptocurrency landscape. Its trading volume has escalated by more than 400% since the year commenced, marking a historical peak at $0.8716 on March 16, 2021. This peak is largely attributed to the newly introduced staking capabilities, captivating the interest of investors. At the time of writing, MANTRA is trading at $0.3022.

 4. Monero (XMR)

Monero (XMR) continues to lead the charge in privacy-centric cryptocurrencies, offering secure, anonymous, censorship-free transactions. Utilizing a proof-of-work mechanism encourages miners to participate in the network’s growth. XMR’s value skyrocketed by 4840%, achieving an all-time high of $517.62 on May 7, 2021. 

Despite a subsequent price correction, Monero has maintained a steady position, with a recent slight increase to $122, indicating sustained investor interest in its privacy features.

 5. ORDI

ORDI, a notable Bitcoin Ordinal (BRC-20) token, is on the brink of experiencing substantial growth as Bitcoin shows signs of recovery. With the current upward trend laying a solid foundation for bullish momentum, experts anticipate a considerable rise in ORDI’s value in 2024. 

This token achieved a remarkable milestone on January 2, 2024, soaring to an all-time high of $90.96. Over the last year, ORDI has impressively surged by more than 140%. Presently, ORDI is trading at $61.62, experiencing a slight dip of 1.14%.

Bottom Line

The aftermath of Super Bowl 2024 has cast a spotlight on a handful of cryptocurrencies currently trading at discounts. XRP, Terra Luna Classic (LUNC), MANTRA, Stellar (XLM), and ORDI represent intriguing options for investors looking to capitalize on these opportunities.

Read also

  • 5 Underrated Crypto To Buy For 2024 Bull Run: SUI, BTC, MANTA, DMY, ETH
  • XRP’s Super Bowl Slump: Market Reacts Amid Chiefs’ Victory
  • Crypto Prices Today: Bitcoin At 48K, XRP & Pepe Coin Decline As IMX Rallies
  • Shibarium Braces For ‘Big Win’ Amid Bitcoin Bull Run & Inflow Surge
  • MicroStrategy’s $3.2B Bitcoin Profits Boost Bitcoin Confidence Amid Halving Speculation
  • Crypto Market Selloff: Bitcoin, Ethereum, Solana, XRP Slips, Here’s Why
  • Breaking: Bitcoin Leads With $1.09 Bln Inflow Amid Bullish Outlook On ETH & ADA
  • LUNC News: Terra Tritium Bridge Set to Revolutionize Blockchain Interoperability
  • Key Support Levels for Shiba Inu Coin to Ensure Bullish Stance
  • Bitcoin Price Sets Sight On $50k, Signalling Pre-Halving Rally?
  • 5 Heavily Discounted Crypto To Buy After Super Bowl 2024, Including XRP And LUNC
  • What’s Next for ADA, IMX, and ICP? Crypto Price Predictions for February 12
  • Bitcoin Price Prediction: Will $BTC Reclaim $50000 in Coming Week?
  • About author
  • Disclaimer

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Source: coingape.com

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