Helium Mobile

LimeWire

Algorand

Helium

The market is buzzing with new ATHs with several major players achieving significant milestones and attracting global attention. Leading the charge is XRP, which has soared to claim the third-largest cryptocurrency spot, while Helium Mobile and its primary token, HNT, showcase promising developments in decentralized wireless networks. Meanwhile, LimeWire’s resurgence as a Web3 powerhouse revives nostalgia with a modern twist, and Algorand cements its position as a top choice for savvy investors. 
Let’s delve into the day’s most exciting crypto highlights, offering key insights into the market’s movers and shakers. 
<h2 id="the-market-ruler-ripple-xrp">The Market Ruler: RIPPLE (XRP)</h2> 
<img src="https://yellow-media-production.up.railway.app/uploads/XRP_02_12_ab25357baa.png" alt="XRP 02.12.png"> 
Price Change (24H): +25.89% Current Price: $2.41 
What happened today: XRP, Ripple's native token, achieved significant milestones today, claiming the third-largest cryptocurrency spot by market capitalization and surpassing Tether (USDT) and Solana (SOL). XRP's market cap now stands at $137.50 billion, solidifying its position in the crypto rankings. 
Notably, <a href="https://www.cryptotimes.io/2024/12/02/xrp-futures-open-interest-hits-record-3-91-billion-mark/">XRP's futures</a> open interest has hit a record $3.91 billion, driven by increased activity on exchanges like Binance (32.04%), Bybit (31.27%), and Bitget (19.55%). This surge reflects strong confidence among institutional and retail traders, fueled by Ripple's favorable legal developments, the launch of its stablecoin RLUSD, and increased adoption in cross-border payments. 
In the derivatives market, trading volume has surged by 289% to $60 billion, with options trading also seeing an uptick. Liquidation data highlights heightened activity, with $70.03M liquidated in the past 24 hours, primarily from short positions ($44.41M). 
Analysts forecast that XRP could reach $3 in the near term, with price predictions ranging from $1.59 to $4.37. Long-term projections suggest highs of $5.34 by early 2025, particularly if geopolitical factors continue favoring crypto. 
Market Cap: $137.50B 24-Hour Trading Volume: $36.43B Circulating Supply: 57.05B XRP 
<h2 id="the-duo-i-helium-mobile-mobile">The Duo I: HELIUM MOBILE (MOBILE)</h2> 
<img src="https://yellow-media-production.up.railway.app/uploads/Helium_Mobile_02_12_75b0ed1d84.png" alt="Helium Mobile 02.12.png"> 
Price Change (24H): +48.53% Current Price: $0.001793 
What happened today Helium Mobile (MOBILE), a decentralized wireless network token, saw a massive surge, hitting a seven-month high of $0.00257 during early trading hours before settling slightly lower. The altcoin’s value has risen significantly, fueled by increased network activity, a sharp rise in its subscriber base, which reached over <a href="https://dune.com/rawrmaan/helium-mobile">121,000</a> by December 1. 
<img src="https://media.yellow.com/uploads/Helium_mobile_subscribers_02_12_0cd6f5925a.png" alt="Helium mobile subscribers 02.12.png"> 
MOBILE's bullish momentum is further supported by an arbitrage opportunity with Helium's primary token, HNT, driving demand for MOBILE. Market indicators such as the Bollinger Bands and MACD reveal a strong upward trend, suggesting the potential for continued gains, possibly testing the $0.00296 resistance level in the near term. 
Market Cap: $160.05M 24-Hour Trading Volume: $153.94M Circulating Supply: 89.28B MOBILE 
<h2 id="the-duo-ii-helium-hnt">The Duo II: HELIUM (HNT)</h2> 
<img src="https://yellow-media-production.up.railway.app/uploads/Helium_Mobile_02_12_75b0ed1d84.png" alt="Helium Mobile 02.12.png"> 
Price Change (24H): -4.3% Current Price: $8.08 
What happened today: Helium (HNT) has experienced a slight pullback today following a significant rally earlier in the week. This decrease comes after a notable Falling Wedge breakout that brought substantial attention to the cryptocurrency, especially with projections of a potential rise to $52.76, as noted by crypto analyst <a href="https://x.com/JavonTM1/status/1863214020930503092">Javon Marks</a>. Marks highlighted the potential for over a 501% increase in value, spurring investor optimism. Though, <a href="https://yellow.com/articles">Yellow</a>'s analysts call that Helium may test resistance at $8.00 and a chance to soar upto $8.50 following the current market bullish trends. Helium's ecosystem expansion and its decentralized wireless network solutions positions it as a prominent player in the crypto space. 
Market Cap: $1,397,663,265 24-Hour Trading Volume: $157,559,637 Circulating Supply: 172,903,706 HNT 
<h2 id="a-comeback-limewire-lmwr">A Comeback: LimeWire (LMWR)</h2> 
<img src="https://yellow-media-production.up.railway.app/uploads/Limewire_02_12_2c2465e237.png" alt="Limewire 02.12.png"> 
Price Change (24H): +32.73% Current Price: $0.3765 
What happened today: LimeWire, a resurrected peer-to-peer file-sharing platform from the 2000s, has marked a notable surge in its token value today, reflecting the growing traction of its decentralized Web3 and AI-powered solutions. The token's market cap has climbed to $116.25M, supported by a 368.67% increase in daily trading volume to $63.76M. 
LimeWire recently launched a decentralized file-sharing feature leveraging BNB Greenfield technology, blending its legacy of secure file-sharing with modern AI and Web3 integration. This move caters to a longstanding demand from its user base while continuing to expand its AI-powered LimeWire AI Studio, which boasts over two million users. 
The LimeWire token (LMWR) is central to the platform, powering Blocknode, its decentralized GPU infrastructure, and serving as a payment mechanism. LimeWire has also received a high security rating of 92.17 from Certik, placing it in the top 10% of secure crypto projects. 
LimeWire’s return to its roots is bolstered by prominent backers like Kraken Ventures and Crypto.com Capital, positioning it as a project to watch in the evolving Web3 space. With a legacy rooted in the early days of online file-sharing, LimeWire’s reimagined platform is set to compete in the decentralized storage and AI-driven content space, presenting a unique investment narrative. 
Market Cap: $116.25M 24-Hour Trading Volume: $63.76M Circulating Supply: 308.74M LMWR 
<h2 id="told-ya-algorand-algo">Told Ya!: Algorand (ALGO)</h2> 
<img src="https://yellow-media-production.up.railway.app/uploads/Algorand_02_12_d1d260cc74.png" alt="Algorand 02.12.png"> 
Price Change (24H): +0.31% Current Price: $0.4855 
What happened today: Yellow’s analysts accurately called Algorand as a <a href="https://yellow.com/news/buy-the-dip-these-3-coins-show-strong-recovery-signals-right-now">“Buy the Dip”</a> coin on November 30th, and the prediction has aged like fine wine. ALGO has surged impressively, reaching $0.4855 today. If you still haven’t set your eyes on this asset, it’s time to pay attention. 
Recent updates from the Algorand ecosystem have reinforced its bullish trajectory. ALGO reached a <a href="https://www.crypto-news-flash.com/algorand-price-surge-algo-reaches-two-year-high-with-record-open-interest-and-tvl/">two-year high</a> in Open Interest and Total Value Locked (TVL), reflecting growing investor confidence and increased engagement with its blockchain protocols. Over the past week, the altcoin surged by 54%, supported by a 26% rise in TVL and an increase in futures Open Interest from $75.69M to $95.87M. 
Major <a href="https://x.com/AlgoFoundation/status/1862873529194000384">developments</a> include partnerships with the UNDP, upcoming staking rewards, and the adoption of ALGO in Afghanistan to pay 30% of electric bills. Moreover, the community is buzzing about the potential Algorand-Cardano partnership, which could further enhance ALGO's growth. 
While RSI indicators suggest the asset is overbought, the bullish outlook remains intact. Key resistance levels to monitor are $0.50 and $1 for the long term, provided positive sentiment and on-chain metrics persist. 
Market Cap: $4.02B 24-Hour Trading Volume: $1.61B Circulating Supply: 8.29B ALGO 
<h2 id="closing-thoughts">Closing Thoughts</h2> 
The crypto market is no stranger to surprises, and this Thanksgiving season was definitely worth giving a thanks! Today's highlights showcase the dynamic nature of the market and the very positive sentiment of the investors. Keep updated with everything crypto @<a href="https://x.com/YellowCom_News">YellowCom_News</a>.

Daily Crypto Market Highlights: XRP Dominates, Helium Duo Shines, LimeWire Reboots, and Algorand Makes Comeback

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