Grok Predicts XRP Price After Spot ETF Sees Crazy Demand: PEPENODE to 10x Soon?

For months, crypto establishments and lovers have been on their toes ready for an XRP ETF, believing it could mark one of many largest steps ahead not only for Ripple’s native crypto however for the complete market.

And boy, have been they proper! The REX-Osprey XRP ETF launched on the Cboe BZX Exchange below the ticker $XRPR, breaking a number of information on day considered one of buying and selling.

The ETF recorded $24M in trading volume within the first 90 minutes of launch – 5 occasions greater than any XRP futures ETF managed on its debut.

By the top of the day, $XRPR had clocked $37.75M in volume, the best ever for an ETF on its first day.

Read on as we unpack XRPR intimately and discover what it may imply for its underlying token $XRP. We’ll additionally spotlight the best crypto to buy now (spoiler alert: it’s PEPENODE) to benefit from this chance.

Let’s Dig Into Some XRPR Technicals

It’s price noting that $XRPR is structured below the Investment Company Act of 1940 in partnership with REX Shares and Osprey. This is why $XRPR isn’t a ‘pure’ spot ETF however as a substitute employs a ‘hybrid’ association.

This implies that, as a substitute of completely holding $XRP, the fund allocates no less than 40% of its capital into different XRP-linked ETFs or ETPs, whereas a part of its property are managed through a Cayman Islands subsidiary.

Despite these technical quirks, $XRPR blew previous all expectations at launch.

According to Eric Balchunas, most crypto ETFs only see around $1M in first-day volume. $XRPR topped that by 37 occasions, a transparent indicator of robust market demand.

XRPR Sets $XRP’s Path to $4

It’s a no brainer that the first beneficiary of the XRP ETF motion is the $XRP token itself. It’s already up 10% this month, however the million-dollar query is: the place to subsequent?

To acquire an goal view of XRP’s worth prospects, we turned to Grok. With direct integration to X, Grok has entry to real-time updates, worth actions, and even group sentiment.

The AI highlighted that XRP not too long ago broke out of a descending triangle formation, signaling a continuation of its September surge.

Back in July, $XRP rallied 66% in three weeks earlier than present process a minor correction. This contemporary breakout suggests $XRP may reclaim its earlier all-time high of $3.6614 and push towards the $4 mark.

And no, Grok didn’t pull out this $4 goal out of skinny air; it’s based mostly on technical evaluation.

According to the technical evaluation playbook, we will measure the width of the descending triangle (blue field) and challenge it from the breakout stage to arrive at a goal – which, on this case, is $4.

Beyond fueling XRP’s surge, XRPR’s robust debut may additionally speed up approval of different spot XRP ETF proposals presently pending with the SEC, lots of which could possibly be greenlit inside the subsequent two months.

Beyond XRP: Where the Bigger Opportunity Lies

While XRP and XRP-backed ETFs current fast upside, they might not unlock the complete potential of this rally. The actual game-changer lies in figuring out high-potential, low-cap coins that haven’t but gone mainstream.

Today’s prime choose? PEPENODE ($PEPENODE). It’s a gamified mining expertise that blends enjoyable with actual incomes potential.

PEPENODE makes crypto mining accessible to on a regular basis customers by letting them construct digital mining rigs and earn rewards, all with out costly {hardware} or sky-high power prices.

Read on as we discover why Grok believes PEPENODE could possibly be the next crypto to explode.

What is PEPENODE?

PEPENODE is a mine-to-earn meme coin that brings the fun and enjoyable of meme coin mining within the type of a gamified expertise.

Mining meme cash isn’t low cost. It requires costly {hardware} and substantial every day operating prices, which is why not everybody can turn out to be a miner.

However, PEPENODE offers you the chance to construct a digital mining rig and earn rewards within the course of.

It’s a game-like expertise that feels reasonable with dashboards exhibiting hashrates, power, and rewards – all with out the hefty electrical energy payments.

How to Mine Tokens on PEPENODE

When you buy your first $PEPENODE, you begin with an empty server room. Think of it as a clean canvas that you simply want to form utilizing a mixture of funding and talent.

Next, you’ll want to purchase ‘nodes’ utilizing $PEPENODE. Each node contributes to boosting your rig’s mining capability. The extra nodes you purchase and arrange in your server room, the extra rewards you’ll generate.

Now, right here’s the fascinating half: you’ll be able to mix and synchronize nodes collectively to improve mining capability, making the expertise much more enjoyable.

Each node pairing has a unique impact on mining output, supplying you with loads of freedom and alternatives to experiment with varied combos.

These nodes might be bought, upgraded, and even offered. You begin with a fundamental mining setup and might improve all the way in which to large mining farms – identical to in a online game.

The distinction is that, not like gaming, you earn actual rewards within the type of $PEPENODE, $FARTCOIN, and $PEPE.

Why Should You Buy $PEPENODE Now?

When you purchase different presale tokens, you normally simply maintain them and wait till itemizing. At most, you’ll be able to stake them for some further rewards.

But with $PEPENODE, your rewards start the second you make your first buy and begin constructing your rig.

PEPENODE additionally rewards early adopters, as nodes bought within the early phases of the challenge have a better mining capability. The earlier you make investments, the extra highly effective and rewarding your rigs can turn out to be.

And if in case you have further $PEPENODE after constructing your rig, you’ll be able to stake them to earn a further reward of 1,018% p.a. (presently).

This fee will lower because the presale progresses, so the sooner you be part of, the upper your returns.

Currently in presale, $PEPENODE has already raised over $1.3M from early traders, with every token priced at simply $0.001066.

Check out PEPENODE’s official website to learn more about its unique mine-to-earn mechanism.

Disclaimer: None of the above constitutes monetary recommendation. The crypto market is very risky and unpredictable, so kindly do your individual analysis earlier than investing.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/grok-predicts-xrp-price-after-etf-sees-crazy-demand-pepenode-10x