#etf上线
Last night’s live broadcast mentioned that the following altcoins are likely to get approved for spot ETF applications.
Today, we will summarize the three coins that were recommended together.
The first is BCH, with an approval rate of 85%: As the 'son' of Bitcoin, it forked out in 2017 and had a glorious moment. In 2018 and 2019, its price was higher than that of ETH, which was below 100 USD at the time, while BCH was above 120 USD. The current price is 510 USD, with a market cap of 73.6 billion.
The second is XRP, with an approval rate of 75%. Trump is about to take office, and then XRP, as a domestic digital currency of the United States, plus the resignation of the SEC chairman, is now getting a friendly cryptocurrency chairman. The lawsuit against XRP is also about to be won, so XRP is already preparing to apply for a spot ETF. The current price is 1.5 USD, with a market cap of 600 billion.
The third is DOT, with an approval rate of 60%. DOT is eligible to apply for a spot ETF because it is not on the SEC’s securities list. The current price is 9 USD, with a market cap of 100 billion.
Summary: If the coins that have applied for a spot ETF get approved, I believe their future market cap will not be lower than 10,000 USD. Therefore, BCH can still rise from the current price by 13.5 times, reaching around 69,000 USD per unit; XRP can reach 1 trillion, which is less than double, meaning it could rise to around 2.8 USD; DOT has ten times the space, meaning a unit price of 90 USD.
This is just my personal prediction, and everyone can refer to it. Lastly, don’t forget to follow my profile for updates, so you won’t get lost, and I’ll guide you to the next potential coin.