DeFi

Standard

In a significant development within the DeFi sector, Standard Chartered has expressed optimism about the potential launch of an <a href="https://www.thecoinrepublic.com/2024/05/27/xrp-etf-or-sol-etf-which-will-be-next-in-line-in-2024/">XRP ETF </a>by 2025, reflecting growing confidence in the cryptocurrency market. Concurrently, Algotech (ALGT) is capitalizing on a robust market trend, showcasing remarkable progress in its presale stage. 
Could the latter be the next best cryptocurrency for maximum gains? Keep it here to find out.<a href="https://algotechtrade.com?utm_source=thecoinrepublic&amp;utm_medium=pr&amp;utm_campaign=3005"></a> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large is-resized">
 <img loading="lazy" decoding="async" width="1024" height="160" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-66-1024x160.jpeg" alt="" class="wp-image-207361" style="width: 100%;height:auto" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-66-1024x160.jpeg 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-66-300x47.jpeg 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-66-768x120.jpeg 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-66-750x117.jpeg 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-66-1140x178.jpeg 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-66.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div> 
– XRP dips 1.89% amid ETF speculation: Analysts predict a 17.31% upsurge by Q2 2024. – Algotech (ALGT) investors are set to unlock 87.50% returns by the launch date. 
<h2 class="wp-block-heading" id="strong-standard-chartered-hints-at-xrp-etf-for-2025-market-reacts-with-short-term-1-89-dip-strong">Standard Chartered Hints at XRP ETF for 2025: Market Reacts with Short-Term 1.89% Dip</h2> 
Banking giant Standard Chartered has hinted that an<a href="https://www.thecoinrepublic.com/2024/02/12/is-blackrock-still-planning-to-launch-xrp-etf-this-year/"> XRP exchange-traded fund </a>(ETF) might be on the horizon for the U.S. as early as next year. When queried about the potential launch of an XRP ETF in January, BlackRock CEO Larry Fink remained tight-lipped, stating he could not discuss the matter. 
Nevertheless, Ripple CEO Brad Garlinghouse believes that altcoin-based XRPs are “inevitable” and expressed enthusiasm for the potential introduction of an XRP-focused product. He reiterated the same in a<a href="https://x.com/ZachRector7/status/1793838284193620450?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1793838284193620450%7Ctwgr%5Ec527a313e1c614daf4a2f5044105e0e3462d0a2a%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fthecryptocurrencypost.net%2Fbrad-garlinghouse-hints-at-potential-xrp-etf-following-ethereum-etfs-approvals%2F" target="_blank" rel="noreferrer noopener nofollow"> post</a> on May 24, 2024. Was this a signal to buy XRP? 
Between May 24 and 27, XRP shifted from $0.53 to $0.52, marking a 1.89% plummet within a week. However, analysts believe that this bearish sentiment will be short-lived. Their projections suggest that XRP could trade at $0.61 by the end of Q2 2024. With that, XRP will have exhibited a 17.31% upturn from $0.52. 
As it is, XRP is turbulent, so does Algotech (ALGT) present a better prospect? 
<h3 class="wp-block-heading" id="strong-algotech-algt-could-be-2024-s-hottest-ico-here-s-why-strong">Algotech (ALGT) Could Be 2024’s Hottest ICO: Here’s Why</h3> 
<a href="https://www.thecoinrepublic.com/2024/05/22/3-crypto-to-buy-after-bitcoin-surge-near-algotech-and-cardano/">Algotech</a> could be the top ICO of 2024. This cutting-edge platform uses advanced AI to help traders of all levels. Picture this: you have access to smart tools that analyze market data in real time, create automated trading strategies, and offer personalized recommendations based on your investment goals. Algotech makes all this possible. 
Algotech’s AI-driven platform does more than just automate trades. It tailors advice to your specific risk tolerance and investment objectives. Whether you’re an experienced trader looking to sharpen your strategies or a beginner eager to dive into the market confidently, <a href="https://algotechtrade.com?utm_source=thecoinrepublic&amp;utm_medium=pr&amp;utm_campaign=3005" target="_blank" rel="noreferrer noopener">Algotech (ALGT)</a> has you covered. 
Now’s your chance to get into the action early with Algotech’s presale. You can buy ALGT tokens for just $0.08 each, marking a significant 87.50% ascent from the expected launch price of $0.15. By joining this last bonus round, you’ll get access to this innovative AI-powered trading platform and the potential for impressive returns after the launch. 
And there’s more! To sweeten the deal, Algotech is offering a unique promo code: “ALGT25.” Using this code at checkout makes you eligible for a 25% bonus regardless of your deposit amount in the presale. Take advantage of this cryptocurrency for beginners! 
<a href="https://algotechtrade.com?utm_source=thecoinrepublic&amp;utm_medium=pr&amp;utm_campaign=3005" target="_blank" rel="noreferrer noopener">Visit Algotech Presale</a> 
<a href="https://linktr.ee/algotech.trade" target="_blank" rel="noreferrer noopener nofollow">Join The Algotech Community</a> 
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to do their research and take any actions based on their findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com and all its authors do not and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

Standard Chartered Believes XRP ETF Could Come In 2025; Algotech Capitalizes On Healthy Market Trend

Table of Contents

Thecoinrepublic.com

Other articles published on May 30, 2024

What Drives Interest in DOGE, TON, and SHIB?

BlockDAG’s Dashboard Unveils Leading Investors, Secures $36M in Presales; UNI Forecasts and Crypt...

Binance: Bitcoin has a scalability issue, but there’s hope in solutions

MoonBag Crypto Slays Immutable X and BitBot to Secure the Top Crypto Presale in 2024

AI-Generated ‘All Eyes on Rafah’ Image Ignites Social Media Firestorm

How Bitcoin Can Help Mitigate Financial Disparities

Join our free newsletter for daily crypto updates!