A popular crypto analyst from the Good Morning Crypto podcast has made a strong prediction about XRP. He believes that the approval of XRP-based ETFs could trigger massive buying pressure, pushing prices higher. According to him, once proper regulations are in place, both investors and daily users of XRP could find themselves racing to grab what’s left of the supply.
So what’s driving this bullish outlook? Let’s break it down.
XRP ETFs Could Act Like “Vacuum Cleaners”
The analyst explained that Exchange-Traded Funds (ETFs) could play a major role in XRP’s price movement. When someone buys an XRP ETF, the actual XRP gets stored with a qualified custodian, meaning it’s no longer available for trading in the open market. He compared this to giant vacuum cleaners sucking XRP out of circulation.
With already 18 XRP ETF applications on the table, and there’s a speculation that BlackRock, with a AUM of $11 trillion in assets, may enter the space, the potential demand could be massive.
If that happens, a lot of XRP will be taken off the market, which could push the price higher.
Clear Regulation Might Unlock XRP’s Daily Use
At the same time, the analyst believes that under Donald Trump, crypto rules in the U.S. could become clearer & easier. If this happens by August, more businesses might start using XRP for daily payments.
Meanwhile, market makers, the ones who use XRP for regular transactions, would need it every single day. But while they’re using it, they’d also see the price going up because ETFs are buying up the supply.
If this scenario unfolds, XRP may no longer be as cheap or available as it is today.
On the other hand, the Ripple and SEC lawsuits have been paused for the next 60 days. Many believe it could finally come to an end by July or August. This could be a big moment for XRP, possibly pushing its price higher.
How High Can XRP Go, If ETF Approved?
Recently, Coinpedia News reported that Crypto analyst EGRAG Crypto believes XRP has the potential to soar as high as $27 if an XRP ETF gets approved.
As of now, XRP is trading at a much lower price, around $2.08, with a market cap of $121.5 billion.
Bitcoin price has been undergoing a mild reset in the past 24 hours as risk assets appear to have lost most of their gains. Within this period, the BTC price has lost 1.99% of its gains and is now trading for $102,315.79. This unexpected shift has triggered a massive bout of crypto liquidations, which has sparked a concern about the potential offset in the week-long price rally.
Bitcoin Price Reshaping Market Sentiment
Earlier in the day, the coin’s price jumped as high as $105,747.45 as the eased US-China trade tensions rebooted sentiment. The tariff war that triggered uncertainty in the crypto market is also positioned as a headwind for the asset class moving forward.
Despite the uncertainty picked up over the past hour, Bitcoin price has retained a 9.06% growth in the trailing 7-day period. With the current outlook, the BTC/USDT daily price shows the coin might have been oversold.
BTC/USDT Price Chart | Source: TradingView
The Relative Strength Index (RSI) is pegged at 68.58, slightly short of the oversold region of 70. It is worth noting that the Bollinger Bands have also dilated with the price around the upper bands. These setups generally signal a potential reversal for Bitcoin price moving forward.
Considering how the altcoin season picked up steam earlier, the current shift in the market may change the overall outlook.
Crypto Liquidations in the Spotlight
The volatility shift in the past few hours has triggered more than $714 million in combined market liquidations. With BTC’s price dropping, its liquidations total $202 million, with long position traders accounting for $141 million.
Amid the market shift, more than 213,700 traders suffered liquidation, with the futures market showing intense volatility. It is worth noting that the market decider, BTC, still has a number of positive fundamentals likely to help reboot its price.
Institutional adoption remains optimal as Strategy acquired 13,390 BTC for $1.34 billion. Metaplanet also bought its biggest BTC batch amid growing sentiment for a more significant Bitcoin price breakout.
Is a Drop to $100,000 Still Likely?
Wading into the market trend, top crypto analyst Titan of Crypto shared a big take on X, regarding the price of BTC. He said the top coin is retesting the daily Fair Value Gap and could still fall to $99,500. However, the analyst noted that the coin is still trending upward.
Bitcoin Price Chart | Source: Titan of Crypto
This price point offers significant support for the coin to stage a major rebound in the coming weeks. Notably, the analyst concluded that the chart still looks bullish. As such, a drop beyond $100,000 is not likely per the current hype.
Memecoins like Dogecoin (DOGE) and Pepe (PEPE) have long been the darlings of meme-loving investors, bringing humor and light-heartedness to the often serious world of crypto. But trends don’t last forever, and a turning point seems to be emerging.
Increasingly, traders are stepping away from these meme-centric coins and turning their attention to BinoFi (BINO). Offered at just $0.02, this token is offering something significantly more than memes—it’s delivering innovative tools, revolutionary features, and real potential for growth.
What’s driving this shift? And why are traders betting on a project like BinoFi instead of sticking with their favored memes?
The Appeal of Memecoins is Fading
Memecoins have always operated on a simple principle: hype. Dogecoin’s rise to fame, backed by social media frenzy and mentions from high-profile figures, showcased how far memes can carry a coin.
Pepe followed a similar trajectory, promising nothing more than amusement and speculative gains. For a while, it worked. People traded these coins with the hope that a tweet or viral moment would skyrocket their value.
But memecoins are beginning to show their flaws. Their reliance on fleeting hype leaves them vulnerable to drastic price swings, a nightmare for traders seeking a semblance of stability. Add to that their lack of utility, most memecoins provide little to no functional value and it’s clear why some traders are looking for alternatives.
PEPE, for example, saw explosive early growth, but without any real-world application or technological backbone, sustaining that momentum has proven nearly impossible. Similarly, while DOGE enjoys occasional spikes thanks to endorsements or nostalgia, its novelty has worn thin for those prioritizing purpose over gimmick.
After all, hype may bring initial profits, but long-term sustainability and innovative features are what keep traders loyal. Memecoins don’t deliver on that front and BinoFi is stepping in to prove why it’s different.
Why Traders Are Turning to BinoFi
While memecoins rely on momentary trends, BinoFi is rooted in solving actual problems that traders face in the crypto world. Its hybrid exchange model, which bridges the divide between centralized and decentralized exchanges, is just one of the reasons traders are sitting up and taking notice.
BinoFi turns what can feel like an overwhelming, fragmented trading experience into something smooth and efficient. By merging centralized exchange order books with decentralized liquidity pools, it ensures deep liquidity and faster transactions without forcing traders to compromise.
No one in the market is offering this hybrid model quite like BinoFi.
Even more exciting is its focus on cross-chain trading. Traditionally, moving funds between different blockchains has been a boring and complex process involving bridges, tools that often come with significant risk.
BinoFi eliminates this hassle entirely through its cross-chain trading capabilities, which allow for direct swaps across multiple blockchains in one step. Less time wasted, fewer complications, and safer transactions, these are the kinds of features traders are looking for.
Security is another major factor. Unlike memecoins, which aren’t exactly known for innovative development or advanced security, BinoFi is putting control into the hands of its users with Multi-Party Computation (MPC) wallets.
The Value of Getting in Early
The BinoFi presale is quickly capturing the spotlight in the crypto space, offering a golden opportunity for forward-thinking investors to get in. With the token priced at an attractive $0.02 in its current presale phase, early participants are positioning themselves ahead of a project set to revolutionize the trading industry.
Those participating in early phases not only secure an exceptional entry point but also stand to benefit from some exclusive perks. These include reduced trading fees, priority access to staking rewards, and even early involvement in shaping the platform’s governance, a unique chance to influence the future of such a project.
The potential for significant returns bolsters the word once BINO hits the mainstream market. Analysts are already projecting enormous growth, with estimates suggesting a staggering 9900% increase for those capitalizing on the presale’s discounted entry point.
The listing price after the presale ends is $0,30 per token so even in case predictions don’t work, early supporters benefit from at least a massive 1200% growth of their investment.
For crypto enthusiasts who recognize the power of early investments, the BinoFi presale is a huge opportunity. With the first phase filling up fast and excitement building across the community, now is the time to act and become part of what could be the next major success story in crypto.
The Future is Looking to Utility, Not Memes
While memecoins like DOGE and PEPE will always have their place as lighthearted pieces of crypto culture, their lack of utility makes them hard to justify as long-term investments.
The days of investing in coins for memes alone seem to be waning. Traders are increasingly choosing projects like BinoFi that promise not just short-term gains, but lasting impact.
The post Crypto Traders Are Dumping Memecoins Like PEPE and DOGE For BinoFi (BINO) at $0.02 appeared first on Coinpedia Fintech News
Memecoins like Dogecoin (DOGE) and Pepe (PEPE) have long been the darlings of meme-loving investors, bringing humor and light-heartedness to the often serious world of crypto. But trends don’t last forever, and a turning point seems to be emerging. Increasingly, traders are stepping away from these meme-centric coins and turning their attention to BinoFi (BINO). …
