Cardano is on the brink of a massive explosion. Grayscale and NYSE Arca's recent Cardano ETF filing has attracted institutional and whale demand.
The move sent Cardano’s price flying 15% in the past seven days. Large investors are betting heavily – nearly $136 million in Cardano scooped. But Ripple is fighting tooth and nail for altcoin dominance. SEC’s acknowledgment of recent XRP ETF applications has also reignited investors’ interest. As institutional adoption accelerates, which of these powerhouses will deliver the biggest gains this year? What is the next 100x crypto that could dominate the altcoin season? Let’s find out.
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Recent headlines have spotlighted Cardano as one of the winners of the altcoin season already. While other altcoins keep tumbling, Cardano outperformed Bitcoin and Ethereum with a whopping 13% intraday. Cardano’s price broke through from its dip to a monthly low of $6. The catalyst? A game-changing Cardano ETF filing from Grayscale and NYSE Arca. In the twinkling of an eye, the move has fueled bullish sentiment, with market cap surging past $28 billion.
The ETF frenzy has propelled Cardano to a six-month gain of 140% amid growing institutional interest. The excitement led to large investors snapping up nearly $136 million worth of ADA in just five days, a stat that parallels Solana’s ETF speculations. From a technical standpoint, Cardano is breaking out of a descending wedge pattern, hinting at a potential 26% rally. Trading at $0.79, Cardano’s price must breach the critical $0.85 resistance level to confirm a breakout above $1.
Ripple has also been outstanding at the heel of increasing ETF speculations. Just last week, XRP dropped some of its January gains after the US SEC appealed last year’s court ruling. But the setback was short lived after the SEC came out again to acknowledge 21Shares’ XRP soot ETF filing. Just like that, the bleak outlook flipped into a massive frenzy and optimism. Investors’ confidence also skyrocketed, pushing XRP up by 16% to $2.79 this week.
The recent rally comes as a Polymarket prediction market places the odds of an XRP ETF approval at 80%, reinforcing expectations of institutional inflows. If the SEC withdraws its appeal in the Ripple case and grants approval, analysts believe XRP could surpass its all-time high of $3.55, with some even eyeing the $5 mark. Despite its momentum, XRP faces resistance near the $3.40 level, where past highs have acted as psychological barriers.
The altcoin market is getting back on track. The positive Cardano and XRP news has restored investors’ confidence. But their speculated growth still pales compared to the new Panshibi meme coin. While the established duo reaped modest gains from renewed investor optimism, the Panshibi revolution is gearing up to shatter expectations. Since its launch, Panshibi has proven to be the full-blown meme movement, an insurgency powered by a community that believes in rewriting the crypto rulebook.
Harnessing cutting-edge blockchain tech and a tokenomics model designed for long-term growth, Panshibi is the beacon of a new era for meme culture. The panda, with its mix of playful charm and formidable presence, has become a rallying cry for meme enthusiasts who want an infusion of innovation with the meme culture. The roadmap ahead is nothing short of ambitious. Plans are underway for NFT integrations, staking platform launches and even strategic partnerships.
The interesting part has been its passive income stream. Panshibi members can earn mouthwatering rewards by just staking their holding or participating in in-platform quests for rewards. Panshibi is turning the declaration that sometimes, a revolution isn’t about following trends – it’s about setting them. Its pacesetter approach has continued to fuel presale demand.
Its ongoing 60-day presale went from zero to a $900,000 raise in three presale stages in mere days. Fortunately, the price is still at just $0.005 and the Panda revolution is still going viral.
Cardano and XRP’s institutional wins have set them up for an intense square-off in the altcoin race. But Panshibi has been quietly setting the stage for a takeover. This panda-powered movement isn’t just another meme coin; it’s an ecosystem blending innovation, community-driven growth and lucrative staking rewards. The buzz around Panshibi is growing fast, with experts speculating that the total 1200% presale growth is just a precursor to a potential 145,000% spike after tier-one CEX listings.
You can participate in the Panshibi presale here:
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
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