There is much speculation that Ripple will soon reach the $3 level after its recent rapid appreciation. Meanwhile, Avalanche looks primed for a pump as one of its holders is about to reach the White House, and the promising Rollblock ($RBLK) presale rolls out sports betting as analysts predict incredible 50x returns!
Ripple ($XRP) ETF Approval In The Works?
Ripple has fallen 1% to $2.44. Many Ripple investors were wiped out by the recent leveraged flush to $2.35, as open interest in the Ripple market reached unsustainable levels. Despite this, Ripple holders found themselves up an astonishing 340% in a month, as this token that many crypto analysts had written off as a “dinosaur” coin rocketed its way up the rankings to become the third-largest crypto asset.
Speculation is rife that Ripple will be next in line to receive its own dedicated spot ETF fund as more S-1 applications reached the desk of the SEC recently. This would be incredibly bullish for the Ripple ecosystem, as would the rollout of the imminent RLUSD dollar-backed stablecoin launch on Ripple. Recently, Ripple whales were detected adding over $4.7 billion to their holdings. This could be enough to launch Ripple to $3 in the near term.
Avalanche ($AVAX) Counts Future VP As A Fan
Avalanche has recovered 9% from 10% loss in the last 24 hours to find support at $52.15. Despite this short-term “buy the dip” opportunity, Avalanche holders are still riding high after adding over 74% to the value of their holdings in just one month.
Avalanche recently rolled out the Avalanche9000 upgrade, improving the usability and scaling potential of the Avalanche chain. It was recently revealed that Donald Trump’s choice of vice president, J.D. Vance, is a fan of Avalanche and has been holding the Avalanche token for some time now. This is likely to result in favorable consideration for Avalanche products going forward, ensuring a bright future for U.S.-based Avalanche holders.
