As Grayscale ETH ETFs Allow Staking, Whales Rush Into This “XRP Alternative” Tipped for a 50X Gain: Is It Time to Go All In?
A game-changer, Grayscale’s ETH ETFs (ETHE and ETH) are the first exchange-traded funds in the US to permit staking. Whales have started swarming to Digitap ($TAP), an alternative to XRP. As the first omni-bank in the world with instantaneous, almost zero transfer fees, it is seen as the future of banking and payments and has been praised as the greatest new cryptocurrency to purchase right now
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Grayscale made history by announcing that its ETH ETF products now let investors to receive passive rewards. These consist of the Grayscale Ethereum Mini Trust ETF (ETH) and the Grayscale Trust ETF (ETHE).
With this statement, Grayscale becomes the first asset manager in the US to allow staking, providing exposure to Ethereum while providing passive profits through ETH ETFs. As of this writing, ETH is rising in value.
Grayscale’s recent move on ETH ETFs is tied to the Ethereum price’s 12% weekly chart increase, which saw it surpass $4,710. A full-blown altseason might be sparked by the Layer-1 currency undergoing price discovery, which is headed toward a breakout over the August all-time high of $4,953.
What They Aren’t Telling You About the Large XRP Coin Market Cap
According to CoinMarketCap, the value of the XRP coin is $179 billion, making it the third largest cryptocurrency by market size. Although it is only $3, it is not a less expensive option than Ethereum, which is $4,710. Instead, its substantial market capitalization indicates that its upside potential is constrained.
In light of the aforementioned, XRP isn’t the greatest cryptocurrency to buy right now. Interest has shifted as new and low-cap coins like Digitap have surfaced as more appealing alternatives with limited growth prospects.
The payment-based altcoin is, nevertheless, on the rise. Over the last seven days, the price of the XRP coin has risen by 3% to $2.9, according to CoinMarketCap. Despite forecasting a rise to $5.17 this year, Cypress Demanincor anticipates a decline to $2.42.
Digitap ($TAP): The Best $500 Investment You Can Make in Q4?
Whales and industry experts are keeping an eye on Digitap ($TAP), an underappreciated jewel at the nexus of DeFi and TradFi. Growing demand has been mostly driven by its creative cross-border payments solution, particularly its multi-chain wallet option, no-KYC setup, and almost $0 transfer fees.
It gives consumers the flexibility to manage and transfer money between currencies, blockchains, and nations, enabling money to become borderless. Its commitment to privacy is also remarkable, as evidenced by its privacy-first onboarding and secure, anonymous multi-chain wallet option.
Additionally, it offers unparalleled near-instantaneous worldwide transfers and settlements at a fraction of the price (sub-1%). As the first omni-bank in history, it offers a single balance for all assets, saving users from having to manage their cash and cryptocurrency across several wallets, apps, and accounts. Experts predict a 50x rise this year, making it the ideal cryptocurrency to purchase right now given its PayFi revolution and impending adoption.
Grayscale ETH ETFs Allow Staking, but Whales are Buying Digitap Over XRP
At $0.0125, Digitap, a new ERC-20 token in its initial presale round, is a more affordable and promising substitute for XRP. Whales looking for larger returns have been placing bets on this low-cap coin despite the most recent news regarding ETH ETFs. Now is a fantastic moment to stack up because it is for a 27% jump to $0.0159 by the next round.
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