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Ripple has made headlines after Grayscale filed for its potential ETF and opened new avenues for the XRP price to show some recovery in the coming weeks. On the flip side, IntelMarkets (INTL) is gaining massive traction as whales pour half a million in its ongoing presale rally within 2 days. Analysts claim this viral $0.08 altcoin could rush to 100x gains if the rally continues.
The Ripple ETF on XRP by Grayscale could receive approval as early as Thursday this week. Once approved, the market sentiment could really turn things around for the altcoin and the cryptocurrency market. This step could open new opportunities for investors and the XRP price amid the bearish market, which has not been too kind to various altcoins lately.
The exchange-traded funds (ETFs) represent a connecting point between the traditional market and that of cryptocurrencies. They allow investors to gain exposure to an asset without having to purchase it directly. Grayscale’s filing for Ripple ETF could attract new capital towards the XRP price and increase its liquidity and trading value stability.
If approved, the Ripple ETF would turn the tables for the struggling XRP price and take another leap forward for the legitimization of cryptos in regulated financial markets. Following the approval of other ETFs on Bitcoin and Ethereum, the interest and speculations about a potential Ripple ETF is growing. Analysts predict new ATH for the XRP price amid the ETF hype.
According to sources, the approval of Grayscale’s Ripple ETF could come as early as this week. The SEC has adopted a more open attitude towards crypto ETFs, as seen by the recent approvals of similar products. However, the regulator’s position towards Ripple has been historically complex, which has affected the XRP price, too.
The positive outcome of the case between Ripple and the SEC might improve the prospects for the Ripple ETF and the struggling XRP price altogether. Additionally, the court’s decision that Ripple’s XRP is not a security when sold on secondary markets indicated a turning point for the XRP price. This could potentially favor the approval of the Ripple ETF by the SEC.
Investors are increasingly raising their holdings with IntelMarkets’ native token, INTL. This move is constantly hinting analysts to predict that IntelMarkets’ viral $0.08 altcoin could brush the Ripple ETF hype under the rug with its mind-blowing presale performance. While the XRP price could show some recovery, IntelMarkets’ INTL token is scoring high with massive gains.
IntelMarkets is shifting the investor sentiment from traditional trading platforms to its first native AI blockchain platform. This AI project features cutting-edge trading tools that deploy AI technology across all levels to help investors automate their custom trading strategies and secure generational gains through the platform’s easy-to-understand interface.
The rapidly surging presale shows that IntelMarkets’ ongoing stage 9 is defying bearish market trends with the help of bullish investors who are pumping high-volume investments in this AI-powered platform. Top analysts are observing this next-generation platform closely as the upsurge could skyrocket IntelMarkets’ INTL token to secure 100x gains in the near term.
As Ripple ETF approval is around the corner, XRP holders are anticipating new rallies for the altcoin. On the other hand, IntelMarkets’ trading robots that are trained on over 100,000 data points are preparing to dominate the crypto market with their mind-blowing trading strategies, lightning-fast execution speeds, and pinpoint accuracy. Join IntelMarkets presale today!
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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