The First US $XRP ETF Gets $24M Volume in 90 Minutes – Which Are the Best Altcoins to Buy Now?

The first US spot $XRP ETF simply made its debut, and $XRP traders can’t maintain calm.

Within 90 minutes, the fund racked up $24M in buying and selling quantity.

The explosive debut has sparked hopes of a broader market rally. And as Uptober sentiment begins spreading throughout the market, traders are on the hunt for the best altcoins to buy now.

REX-Osprey ETF Sparks Optimism

REX Shares and Osprey Funds has launched the REX-Osprey $XRP ETF, the first US-based ETF tied to $XRP.

The ETF provides publicity to $XRP by way of a Cayman Islands subsidiary. $XRP, being the third-largest crypto and backed by a cross-border fee ecosystem, has lengthy tempted conventional traders. But many worry taking the first step.

The new ETF, nonetheless, opens the door for conventional traders to entry $XRP with out the problem of putting in a crypto pockets or managing personal keys.

The fund’s sturdy debut shocked each traders and analysts. For instance, Bloomberg Senior ETF Analyst Eric Balchunas describes the $24M figure as a ‘semi-shock,’ as its efficiency is 5 occasions stronger than $XRP futures ETFs managed on their first day.

It has additionally sparked bullish sentiments in the crypto group, as the launch might convey extra institutional capital to the $XRP ecosystem. In reality, 58% of Myriad customers count on the $XRP worth to hit a new all-time high of $4.

As Uptober approaches, which altcoins might observe an analogous pattern and moon? Here are what we’ve recognized as the greatest altcoins to purchase now.

1. Bitcoin Hyper ($HYPER) – Building A Long-Awaited Bitcoin Layer-2

Bitcoin Hyper ($HYPER) is certainly one of the hottest new cryptos this season. Like $XRP, Bitcoin Hyper is an infrastructure coin with high utility – it’s constructing a Bitcoin Layer-2 ecosystem.

Bitcoin is a superb retailer of worth, as its exponential surge over the years proves. But the blockchain has failed to keep up-to-date with the occasions. Bitcoin’s sluggish max theoretical transactions per second (TPS) rate of simply seven pales in comparability to Solana’s 65K.

High transaction prices and lack of scalability are additionally amongst Bitcoin’s ache factors.

That’s why Hyper is introducing a Layer-2 designed to give Bitcoin extra velocity, effectivity, and scalability – whereas decreasing transaction charges.

It will convey this imaginative and prescient alive by integrating superior instruments, resembling a non-custodial Canonical Bridge and the Solana Virtual Machine (SVM).

You ship your $BTC to a chosen pockets the place it will likely be verified after which minted on the Layer-2 as wrapped $BTC, unlocking entry to DeFi, dApps, NFTs, and gaming.

The SVM, in the meantime, builds a programmable layer on prime of the base Bitcoin blockchain. It additionally makes transactions quicker and cheaper, whereas sustaining Bitcoin-level safety.

That explains why each retail and whale traders are hurrying to safe the token for low costs earlier than it hits exchanges.

The viral $HYPER presale is closing in on the $17M milestone, as whales circle the challenge. Bitcoin Hyper has recorded $418K whale buys in September alone, throughout 24 giant transactions.

August, in the meantime, noticed a very spectacular particular person whale purchase of $161.3K.

Right now you should buy $HYPER for $0.012945, and stake it for 68% APY. Our How To Buy Bitcoin Hyper guide explains how to just do that.

By the manner, our Bitcoin Hyper price prediction means that $HYPER might ship up to 25x good points from its presale worth by the finish of the 12 months.

Join the $HYPER presale before the next price increase.

2. PEPENODE ($PEPENODE) – The First-Ever Mine-To-Earn Meme Coin

The crypto market runs on tech and innovation, and initiatives $XRP and $HYPER showcase this pattern. But the crypto tradition welcomes enjoyable and chaos too, as the exponential progress of the meme coin area of interest reveals.

In reality, REX-Osprey simply launched the $DOJE ETF, the first US Dogecoin ETF. Yet $DOGE is a market large with restricted room for progress.

That’s why Pepenode ($PEPENODE), the world’s first mine-to-earn meme coin, has turn into an prompt sensation amongst degens. In its viral new presale, the challenge has already raised $1.2M.

So, what’s driving this FOMO? Speculation is typically not sufficient to drive token demand. $PEPENODE understands this.That’s why it has launched a gamified meme coin mannequin that retains traders coming again for extra.

Holding $PEPENODE allows you to purchase digital miner nodes and amenities, construct server rooms, enhance hashpower, and acquire $PEPENODE rewards – proper from the get-go. No want to wait till the token technology occasion. The enjoyable kicks in instantly.

The interactive mine-to-earn system can also be fully digital, eliminating {hardware} and enormous investments.

Pepenode provides different mechanisms to enhance your incomes potential:

• Receive 2% of mined rewards from customers you refer
• Passive staking provides engaging passive revenue (presently at a formidable 1,019% APY) on staked tokens
• The platform may even burn 70% of the tokens spent on upgrades, driving the token worth up over time as they turn into extra scarce

$PEPENODE is presently priced at $0.001066, however the subsequent hike is simply two days away. Check out our How To Buy Pepenode information to discover out the whole lot you want to know.

Then visit the Pepenode website today to buy and stake your tokens.

3. Ethereum ($ETH) – The OG Set To Rock Altcoin Season

For traders who’re extra snug with blue-chip cryptos, Ethereum ($ETH) is an apparent alternative this season. $ETH has climbed round 7.25% in the previous 4 weeks, as the market welcomes altcoin season.

The latest Fed fee reduce is extensively anticipated to enhance threat urge for food throughout monetary markets, and crypto could possibly be certainly one of the largest winners.

Among the best crypto to buy now, giants like $ETH and $XRP, in explicit, stand to profit the most. Since Ethereum ETFs are already accessible, conventional traders can achieve publicity to the coin with out immediately interacting with the crypto market.

Yet frictionless entry shouldn’t be the solely motive drawing conventional traders to Ethereum.

Ethereum’s good contract ecosystem powers the whole lot from DeFi, NFTs, and meme cash to gaming, fueling its long-term progress.

While Bitcoin tops crypto rankings, tapping into its historic relevance, the market owes its technological progress to initiatives like Ethereum.

Ethereum’s Fusaka upgrade is about to go dwell in November, simply forward of Devconnect, bringing 11 Ethereum Improvement Proposals targeted on backend infrastructure. In different phrases, September could possibly be a strategic time to purchase $ETH, because it prepares for a collection of rallies.

Buy your $ETH today via Binance and other leading platforms.

Being a large-cap crypto with an enormous market cap of round $545B, is it unrealistic to count on exponential returns from $ETH? Perhaps. But that is the place small-cap cryptos like $HYPER and $PEPENODE shine, putting them alongside $ETH as the greatest altcoins to purchase now.

Be certain to all the time do your personal analysis earlier than investing. This shouldn’t be monetary recommendation.

Authored by Bogdan Patru, Bitcoinist – https://bitcoinist.com/best-altcoins-to-buy-as-us-xrp-etf-gets-24m-volume