The Ontario Securities Commission (OSC) has approved Perimits Investments Inc. to launch the XRP Exchange-Trade Fund (ETF) on the Toronto Stock Exchange (TSX).
Starting June 18, this special ETF will offer CAD-HEDDED, CAD NON-HEDDED and USD XRP products.
Interestingly, the purpose investment is to launch the world’s first Bitcoin ETF in 2021.
$XRP grew 8% on June 16. Also, around $XRP, there are a lot of whale activities.
- Now, about 2700 whales have over 1M XRP, the highest in token history.
- In addition, last week was 295k of active XRP addresses per day, compared with an average of 35-40k in the previous months.
With investor interests around XRP growing, we will point to the best cryptocurrency you are buying now to benefit from this development.
$XRP Technical Analysis
$XRP has been trading in a tight area for several weeks. Instant support is around $2.10-2.05 and resistance is $2.34.
The token attempted to break through resistance on June 16 when the XRP ETF was approved.
Although the breakthrough was unsuccessful, the trend may change soon due to whale interest and the launch of XRP products.
XRP Bull Run may see the token reach $3 in the next few weeks and $4 by the end of the year.
The RSI (relative intensity index) is also about 46, which is a mature neutral level, indicating a shift in market sentiment, which may be on the buy side.
With the momentum of XRP, this may be the beginning of a wider Altcoin rally. This is the best token to buy now.
1. snorter Token ($snort) – The best cryptocurrency to buy now, powering top telegraph trading robots
Snorter Token ($SNORT) is one of the best cryptocurrencies to invest in at present. This is a local cryptocurrency with highly secure, full of functionality and easy to use telegram trading robots.
Snorter’s biggest selling point is to automatically grab new meme coins on Presale. It is pointed out that this is nearly impossible to do manually due to crypto whales and their automation tools.
Apart from being extremely easy to use, just fill your crypto wallet and transactions directly in the telegram – Snorter is also incredible privacy awareness.
It comes with a MEV-resistant system that protects you from sandwiches. More importantly, it also prevents carpets from pulling and honeypots.
Buying $SNORT not only gives you full access to the Snorter Bot, but it also reduces transaction fees from 1.15% to just 0.85%, the lowest in the industry.
Snorter Token is currently in the preliminaries, with early investors exceeding $1 million so far. Currently, a token price is only $0.0957, which is the way you can buy it.
2. BTCBull Token ($ btcbull) – Best Meme Coin for Bitcoin Maximists
This is not a guess, but a simple educational guess says that Bitcoin will add XRP to the next Bull run.
If you want to maximize returns from a Bitcoin rally, BTC Bull Token ($ btcbull) is now the best altcoin.
The crypto project works by assigning free $BTC to its token holder (via Airdrops) each time Bitcoin reaches a new milestone for the first time (150k & $200k).
To qualify, you need to buy $btcbull tokens and store them in the best wallet. Also, make sure to opt into the airdrop event for the project on social media.
If you want to be the receiver of $BTCBULL’s potential 1,800% rally, become an early investor right away.
The project is currently in Presale and at the time of writing, it has raised more than $7.2 million.
3. Aura ($ aura) – the hottest symbol on the market now
As you may have guessed, $Aura is “Aura” based on the internet phenomenon, also known as digital atmosphere or influence on social media platforms such as X and Tiktok.
Token holders have the opportunity to quantify their “Aura” by creating +Aura Memes using the project’s unique meme generator.
Although yura is a hype-driven token, not a token with real utilities, $aura is a meme coin that doesn’t have to have strong basics to make a profitable investment.
This is one of the hottest cryptocurrencies right now, climbing nearly 135% over the past week.
It currently trades at $0.1317, a brief introduction to its chart shows that it is likely to improve as it is about to break through the landing triangle pattern.
The final thought
The approval of the Canadian XRP ETF marks a critical moment for the wider cryptocurrency industry, demonstrating growing institutional confidence and mainstream adoption.
We think new cryptocurrencies like Snorter Token ($Snort) and BTC Bull Doken ($btcbull) may be the ideal way to drive market excitement and bullishness.
However, remember that cryptocurrency investment is very risky. Our article is not financial advice, you must always do your own research before investing.
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