The recent dip in XRP price below $3 has raised eyebrows across the market, with some traders questioning whether its bull run is stalling. While that decline has fueled uncertainty, crypto communities are turning toward two altcoins, OKB and the emerging Layer Brett, that are showing strong parabolic growth potential. Their rallies suggest that investor confidence is rotating into projects offering sharper upside in the near term.
Early Buyers Pile Into Layer Brett as Staking Incentives Steal the Show
Layer Brett is drawing attention as its presale moves forward. Starting at $0.0044, the token is building momentum as more traders buy in. Its rise reflects the growing focus on projects with strong staking incentives and simple entry points.
Interestingly, more than 1,000 holders have already joined during the presale. A $1 million giveaway has added to the buzz and is keeping activity around the token steady. This approach is pulling in both small buyers and larger investors.
Moreover, the presale has already raised over $500,000. The figures show steady inflows and give early participants confidence that Layer Brett has real backing. Strong early funding is often seen as a base for further growth.
According to some whales, the 6,000% staking APY is LBRETT’s main attraction. Traders looking for steady returns are treating it as a way to earn while holding. With retail buyers now claiming early positions, Layer Brett’s path upward is one to watch closely.
Whale Sell-Off Sends XRP Price Below $3 as Jackson Hole Looms
In mid-August, whale wallets transferred more than $470 million in XRP to exchanges, sparking concerns about profit-taking and bearish sentiment. This scale of selling pushed XRP below the key $3 level, an area traders had closely watched as a potential support zone.
The drop would not stop as investors braced for macroeconomic signals. Traders and investors looked to the US Federal Reserve Chair’s upcoming Jackson Hole address which has historically influenced risk assets. Like most expected, XRP was not spared. The remittance token slid further below its short-term moving averages.
Analysts now highlight potential retracement zones that could test investor confidence. Forecasts suggest XRP could revisit the $2.72 level. If selling pressure persists, those zones may become focal points for traders monitoring short-term recovery or extended declines.
OKB Momentum Builds, But Whale Moves Cast Shadow
OKB has captured headlines after a striking surge to new all-time highs. The token followed a 65 million OKB burn and a major upgrade to its X Layer chain. OKX capped the token’s supply at 21 million OKB, listing it as the sole gas token for its revamped ecosystem.
As a result, the price soared above $135 in a volatile breakout, buoyed by a sudden spike in demand and network upgrades. Hours after the burn, OKB saw trading volume explode by over 1,200%, drawing intense market attention. Network participation followed suit with active addresses hitting year-high levels, signaling renewed ecosystem engagement.
Whale behavior, however, raises caution. Roughly 17.16 million OKB flowed into OKEX within days, fueling speculation on whether selling pressure lurks ahead. Meanwhile, rapidly rising technical indicators like RSI entering overbought territory and growing negative sentiment suggest momentum may stretch before reversing.
Conclusion
XRP’s slip under $3 has left many questioning whether its bull run has already peaked. Layer Brett and OKB are drawing strong inflows, both fueled by community momentum and upside narratives that XRP is losing slowly. With Layer Brett’s presale sitting at just $0.0044 and projections hinting at 80,000% ROI potential, investors are weighing whether this is the smarter entry before momentum fully shifts.
Can You Afford To Miss LBRETT’s Climb To Crypto Stardom? Secure Your LBRETT Tokens Today!
Presale: LayerBrett | Fast & Rewarding Layer 2 Blockchain
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X: (1) Layer Brett (@LayerBrett) / X
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Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com, Computing.net and is Editor in Chief at Blockfresh.com
