Ethereum (ETH) and Ripple (XRP) Drop Due to Political Uncertainty, While Clandeno (CLD) Gains Attention with Initial Coin Offering Available Now

Ethereum (ETH) and Ripple (XRP) fall amid political uncertainty; Clandeno (CLD) gains traction with its ICO. The presale is LIVE with exclusive perks!

TL: DR

• Ethereum (ETH) dropped below $3,000, later recovering in the $3,100 range.
• Ripple (XRP) is trading sideways at $0.42 with ongoing SEC uncertainties and manipulation risks.
• Clandeno (CLD), is a new decentralized e-commerce platform offering governance rights, revenue shares, and early buyer perks. ICO is LIVE now.

Crypto Market Stalls Recovery After Wiping Out Leveraged Positions

The crypto market has still not seen an altcoin rally in 2024, as some analysts expect during every bull market. Ethereum (ETH) barely recovered the $3,000 level, despite predictions of five-digit prices after the launch of the new ETF. Ripple (XRP) is still not completely clear from a potential US Securities and Exchange Commission fine. The crypto market also lags behind overall stock performance and stalls ahead of stricter European regulations. Investors are now looking toward the Clandeno (CLD) token presale as a source of more active gains.

Ethereum (ETH) Broke Down Under $3,000

Ethereum (ETH) broke down after whales shed their holdings. The blockchain is also slightly inflationary, due to a lower token burn. Ethereum (ETH) briefly traded at $2,974.36, before regaining positions at $3,147.97. Ethereum (ETH) is still the backbone of decentralized finance and its price levels are key for being a reliable collateral. A breakdown of Ethereum (ETH) under certain key levels would affect all related protocols, leading to even deeper liquidations.

Ethereum (ETH) is now more than 20% from its recent peak. A recovery would also benefit Clandeno (CLD), which would be appreciated even faster after its discounted presale ICO stage.

Ripple (XRP) Extends Sideways Trading

Ripple (XRP) is seen as a token destined to move sideways indefinitely. Ripple (XRP) coasted at $0.44, despite expectations of recovering to $1 in 2024. For some traders, Ripple (XRP) also holds the risk of manipulation, due to the still-significant holdings by the Ripple Foundation. Ripple (XRP) only manages short-term rallies before sinking to its baseline. Ripple (XRP) was relisted on Binance a year ago, but this has not resulted in lasting price gains. Some Ripple (XRP) investors are looking for more active growth in the Clandeno (CLD) presale.

Clandeno (CLD) Brings Early Access Perks to Presale Buyers

Clandeno (CLD) is an upcoming e-commerce platform that aims to offer a decentralized approach to online marketplaces. Early ICO buyers will be able to shift the course of the project, as each token will grant governance rights. Unlike mature networks, Clandeno (CLD) will offer immediate growth after launching. Buyers during the presale will also gain exclusive access to flash sales for more tokens in the future.

For as long as buyers hold Clandeno (CLD), they will also receive a share of the platform’s revenues. Clandeno (CLD) will carry items ranging from clothing brands to luxury cars and real estate and will accept multiple crypto coins and tokens as payment.

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