Which Cryptos Could Explode After Ripple’s ETF Approval? From Dogecoin to New Presales, Here’s Our Top 4 Picks for Massive Gains in 2024

Asset management giant WisdomTree has filed a Ripple (XRP) listed investment trust application on the 26th of November. Market analysts expect Ripple's potential ETF approval to boost both meme coins like Pepe Unchained and utility-focused cryptocurrencies such as Solana (SOL).

Asset management giant WisdomTree filed a Ripple (XRP) listed investment trust application on the 26th of November. This move is part of a broader trend in 2024, with the approval of both Bitcoin (BTC) and Ethereum (ETH) spot ETFs earlier this year.

Now, let’s see if XRP will get its own ETF and which other projects might benefit if the application is approved.

1. Dogecoin (DOGE) Could Benefit From XRP’s ETF Spot

Dogecoin is a cryptocurrency that took inspiration from the Shiba Inu dog featured in the popular internet meme “Doge.” Over the past year, Dogecoin’s value has sky rocketed by more than 500%, with its price currently around $0.3961. One of the most impressive jumps happened after the presidential election, where Dogecoin’s price jumped from about $0.19 to around $0.40 almost overnight.

As a leading example of meme-based coins, Dogecoin is particularly sensitive to the mood of the market and how investors are feeling. If Ripple’s ETF gets approved, it’s expected that Dogecoin’s price could see a significant boost as well. Additionally, technical analysis points to the possibility that Dogecoin might continue to rise in the near future.

Moreover, Dogecoin is famously favored by entrepreneur Elon Musk. Musk has plans to get involved with the Trump administration’s Department of Government Efficiency, commonly referred to as DOGE. If Musk’s influence pairs with the approval of Ripple’s ETF, Dogecoin could experience a substantial increase in value.

2. Solana (SOL) is a Strategic Complement to Ripple’s EcosystemSolana excels as a blockchain platform that powers decentralized applications (DApps) and smart contracts. Its lightning-fast transaction speeds resolve the scalability challenges that Bitcoin and Ethereum must still confront.

Solana hit a record peak of $257.7 on the 23rd, which coincided with SEC Chairman Gensler’s resignation. The price now holds steady at around $236. In this bull market, Solana has showcased remarkable strength and maintains its premium valuation.

Like Ripple, Solana’s architecture enables swift transactions. While Ripple targets international remittances and payment systems, Solana provides a robust foundation for decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain games.

The practical value of Solana and its complementary position to Ripple points to substantial growth potential once Ripple’s ETF receives approval. Moreover, Solana parallels Ripple in its active pursuit of an ETF, a development that could propel its market status and value even higher.

3. Pepe Unchained’s (PEPU) Offers Utility Combined With Meme Coin SectorPepe Unchained (PEPE) represents an advanced version of “PEPE,” which stands among the top three meme coins in the market.

While dog-themed coins like Dogecoin lead the crypto landscape, Pepe Unchained charts a new path with its frog-inspired concept. Pepe Unchained wants to fix the core problems that affected PEPE, such as slow transactions and high fees. Through Layer 2 blockchain technology, PEPU delivers rapid transaction speeds that surpass Ethereum’s processing capabilities.

Though it starts as a meme coin, Pepe Unchained delivers practical value similar to Ripple and Solana. This dual identity suggests that ETF approvals for Ripple and Solana could boost PEPU’s price substantially. Its blend of meme appeal and technical advantages marks it as a compelling meme stock.

Pepe Unchained also features lucrative staking rewards. Layer 2 transactions prove faster and more economical than Layer 1, which enables more efficient operations. This cost reduction allows investors to redirect their usual transaction fees toward profit generation. PEPU holders can thus access passive income through these staking incentives.

The project now runs an active presale phase that offers tokens at discount prices. This presale approaches its end and has accumulated over $57 million. Each PEPU token sells for $0.01295, and the presale concludes on December 13. This final window presents a prime chance for early investors to acquire PEPU at favorable rates before potential market expansion.

4. Flockerz Could Benefit From the Increased Market Confidence Induced by XRP’s ETF ApplicationThe meme coin market looks vastly different now compared to past years, as coins rush to add real utility for mainstream acceptance.

This shift toward practicality brings benefits, yet we must preserve the playful spirit that launched the movement. Flockerz ($FLOCK) strikes this perfect balance — it welcomes both the meme enthusiasts of old and new investors who demand utility.

The options for pure meme coin investors dwindled recently, but Flockerz steps in to fill this void. Their story spins around King Birb, who once ruled his spirited flock until a chance encounter with his followers sparked an idea: a vote-to-earn kingdom. This concept takes shape through Flocktopia, a revolutionary DAO that puts real power in investors’ hands while it rewards their participation.

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