The first US spot $XRP ETF just made its debut, and $XRP investors can’t keep calm.
Within 90 minutes, the fund racked up $24M in trading volume.
The ETF offers exposure to $XRP via a Cayman Islands subsidiary. $XRP, being the third-largest crypto and backed by a cross-border payment ecosystem, has long tempted traditional investors. But many fear taking the first step.
As Uptober approaches, which altcoins could follow a similar trend and moon? Here are what we’ve identified as the best altcoins to buy now.
High transaction costs and lack of scalability are also among Bitcoin’s pain points.
You send your $BTC to a designated wallet where it will be verified and then minted on the Layer-2 as wrapped $BTC, unlocking access to DeFi, dApps, NFTs, and gaming.
The SVM, meanwhile, builds a programmable layer on top of the base Bitcoin blockchain. It also makes transactions faster and cheaper, while maintaining Bitcoin-level security.
The viral $HYPER presale is closing in on the $17M milestone, as whales circle the project. Bitcoin Hyper has recorded $418K whale buys in September alone, across 24 large transactions.
The crypto market runs on tech and innovation, and projects $XRP and $HYPER showcase this trend. But the crypto culture welcomes fun and chaos too, as the exponential growth of the meme coin niche shows.
In fact, REX-Osprey just launched the $DOJE ETF, the first US Dogecoin ETF. Yet $DOGE is a market giant with limited room for growth.
So, what’s driving this FOMO? Speculation is sometimes not enough to drive token demand. $PEPENODE understands this.That’s why it has launched a gamified meme coin model that keeps investors coming back for more.
Holding $PEPENODE lets you buy virtual miner nodes and facilities, build server rooms, boost hashpower, and collect $PEPENODE rewards – right from the get-go. No need to wait until the token generation event. The fun kicks in immediately.
The interactive mine-to-earn system is also completely virtual, doing away with hardware and large investments.
The recent Fed rate cut is widely expected to boost risk appetite across financial markets, and crypto could be one of the biggest winners.
Yet frictionless access is not the only reason drawing traditional investors to Ethereum.
Ethereum’s smart contract ecosystem powers everything from DeFi, NFTs, and meme coins to gaming, fueling its long-term growth.
Be sure to always do your own research before investing. This is not financial advice.
