5️⃣ 5 Cryptos Poised for 20X Gains 🚀💰 💰
Bloomberg analyst Eric Balchunas disclosed that the spot for the Solana Exchange Traded Fund (ETF) could be approved next year. Fascinatingly, this could have a significant impact on the Solana-based tokens as analysts compile a list of five (5) assets that could record a 20X.
Jupiter (JUP)
Jupiter is currently trading at $0.85 after surging by 5.23%. Confirming this prediction, an analyst identified as Altcoin Scholar believes that JUP could hit at least $10 in the upcoming bull run.
Render (RNDR)
Render was trading at $7.7 at press time after surging by 9% in the last 24 hours.
Meanwhile, crypto analyst Exotrader believes that Render could hit $24 in the near term once it successfully holds above the $6.9 support level.
Chainlink (LINK)
LINK was trading at $23.8 at press time after surging by 5.6% in the last 24 hours. According to analyst Ali Martinez, 57.2 million LINK was purchased by 100,220 addresses at this level.
Bonk was trading at $0.00003177 at press time after declining by 11% in the last seven days and 33% in the last 30 days.
In September, Bonk announced that it would be working with Osprey Funds to launch an Exchange-Traded Product (ETP) in the US.
XRP is currently trading at $2.2 after surging by 3% in the last 24 hours. According to analysts, an approval of a SOL ETF could increase anticipation of a potential approval of an XRP ETF. In this case, XRP could surge as high as $44.
Meanwhile, analysts expect this asset to make an initial run on January 20, 2025, soon after the inauguration of Donald Trump. The official takeover of Paul Atkins as SEC chair could also be a bullish catalyst for the asset as experts predict a possible withdrawal of the lawsuit against Ripple. For analyst Dark Defender, XRP could hit $18 in this market cycle.