Rising Polymarket odds about an XRP ETF approval has turbocharged XRP price predictions.

With the way things are playing out in the crypto space, it’s likely that the SEC sanctions an XRP ETF anytime soon.

This article examines the chances of this happening, discusses XRP price predictions and if there’s any other more lucrative crypto investment on the market these days. 

There have been two bets on Polymarket concerning XRP ETF approvals. The first one suggested an ETF approval by the end of July.

That bet has been done and dusted with after the SEC refused to ratify any Ripple ETF applications. 

The second bet expects an XRP ETF approval in 2025, and the odds of this bet just climbed to 96%.

The market generally favors the eventuality of this event happening and why not? Dogecoin just got an ETF approval from the SEC.

If, DOGE, a coin that lacks real utility can achieve this milestone, surely Ripple deserves to get legal approval for institutional inflows too. 

XRP ETF approval odds on Polymarket. Source: Polymarket

This particular bet on Polymarket has a pool volume of $163K and the odds are strongly in favor of a Yes.

Should this happen, the resulting boom in the XRP price could be of significant magnitude. 

In addition to an imminent ETF approval, XRP price predictions are also boosted by other fundamental signals.

For one, Coinbase has significantly reduced its cold storage management of XRP tokens.

Eight companies have also established XRP-based treasury strategies, and 11 spot ETFs are awaiting the approval of the SEC. 

Along with XRP’s utility in payment and settlements, XRP price predictions have targeted support levels around $3 and $2.85.

Potential resistance levels are placed around $4.40 and $5.80. If XRP price soars above these zones, a potential rally to $10 might materialize. 

Armed with so much bullish sentiments, XRP would be a nice addition to any cryptocurrency portfolio right now.

But veteran crypto investors know better. 

To them, the smarter play would be LayerBrett, a brand new meme token that is rising through the ranks.

The chatter online about this meme sensation is hitting a crescendo, and for good reason too.

To experts this is the next 100x meme coin, and no one should miss out on it. 

The chief reason experts deem Layer Brett the next 100x meme coin is because it packs real utility in addition to exuding a meme vibe.

It also offers lightning fast transactions on Ethereum at a cheap rate, making it a Layer 2 scaling solution for the platform. 

As a result, the Layer Brett presale has become a hotly contested affair, with over $3.7 million raised already.

At its current price of $0.0058, Layer Brett looks set to deliver over 100x profits when it finally hits the spotlight, and that’s why it is the best crypto to buy now. 

Layer Brett is in presale now, but it’s moving fast. Get in early, stake while rewards are high, and don’t miss your shot at the next 100x crypto!

Website: https://layerbrett.com

Telegram: https://t.me/layerbrett

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The post XRP price prediction: all the latest Polymarket odds on when an XRP ETF will be approved appeared first on Invezz

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