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Cryptocurrency News Articles
Will XRP ETF Approval Drive Ripple's Price to $5? INTL Emerges as the New $0.06 Favorite Of Memecoin Whales
Dec 12, 2024 at 04:00 pm
The cryptocurrency market is buzzing with speculation about whether an XRP Exchange-Traded Fund (ETF) will be approved and what the ripple effect would have on Ripple's native token, XRP.
Cryptocurrency market abuzz with speculation over XRP ETF approval and its potential impact on Ripple's native token, XRP. Such an approval could propel Ripple's price towards the $5 mark, surpassing its all-time high of $3.84 set in 2018.
Meanwhile, experienced traders who profited handsomely from memecoins are keeping a close watch on a new AI-powered cryptocurrency, INTL, priced at an incredible $0.06 and boasting exceptional growth potential.
Ripple's Journey In Crypto And Impact Of XRP ETFapproval
Having established a strong presence in the cryptocurrency landscape, Ripple is renowned for its rapid transaction processing times and collaborations with financial institutions. For the majority of the past four years, XRP has been embroiled in a legal battle against the US SEC. However, following the 2024 US Elections, a new regulatory landscape emerged for cryptocurrencies. Buoyed by Trump's pro-crypto policies, XRP's price managed to cross the $2 mark.
The impressive 300% November rally by Ripple and the favorable crypto-related policies have prompted discussions regarding the approval of XRP ETFs. Notably, when Bitcoin and Ethereum ETFs were approved, they witnessed the highest launches since gold, with analysts suggesting that an XRP ETF could ignite a new bullish period for crypto.
In recent price action, Ripple has recovered from a 10% decrease over the last seven days, showing a 6% increase over the last 24 hours. XRP's current price on December 11th is $2.37, still encountering volatility. Analysts claim that the approval of XRP's ETF could drive Ripple's price to a new all-time high around the $5 level, with some predicting it to rise above $10.
IntelMarkets (INTL): The $0.06 AI Crypto In Memecoin Whales' Sights
An AI-based altcoin poised for launch and available at an exceptional rate is IntelMarkets (INTL). The INTL platform gathers data from trading platforms using AI to help investors make informed, data-driven investment decisions. Combining the first commercial application of AI with proprietary blockchain technology, IntelMarkets offers users a unique opportunity to trade crypto assets using machine learning and data sets to enhance their investment strategies.
The platform's dual-functionality allows investors to pick their blockchain (Ethereum or Solana) to optimize their trading strategies. INTL also features several advanced processing tools that enhance trading performance in real-time by optimizing hyperparameters relevant to each trading indicator.
Key Features of IntelMarkets (INTL):
INTL is currently available during its initial coin offering (ICO) for $0.06, presenting an early opportunity to join this promising project from the ground floor. Having raised over $4 million in presale funding, IntelMarkets has already garnered the attention of early investors. According to market analysts, the solutions provided by INTL and its main features (being an AI and DeFi solution) could lead the project to experience exponential growth after its launch.
Concluding Thoughts
While the potential approval of an XRP ETF could expand the market value of Ripple and make it a noteworthy asset among investors, an alternative option for those seeking transformational gains is IntelMarkets (INTL). This presents a unique opportunity with the potential for a significant outbreak upon listing on Tier-1 exchanges. For those eager to follow in the footsteps of crypto whales and acquire their secret investment strategies, IntelMarkets is the way to go for outstanding returns.
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