📌 TOPINDIATOURS Update crypto: Crypto Price Prediction Today 1 October – XRP, PUMP
With the market surging to a cap of $4.086 trillion today, the crypto price prediction for XRP, PUMP and Plasma has just become very interesting.
All three of these coins have made significant moves in the past 24 hours, with PUMP boasting one of the best returns in the market today, at 24%.
But with a wave of altcoin ETFs are about to launch in the coming weeks, we may see even bigger gains in the final months of the year.
We forecast where the three coins above are likely to be in the next few weeks and by the end of the year, using their technicals and fundamentals to arrive at price predictions.
Crypto Price Prediction: XRP ($XRP) – Technicals and ETFs Position Altcoin for Major End-of-Year Rally
Boasting a 3% gain in the past 24 hours, the XRP price has risen to $2.94, which also means that it has risen by 2% in a week and by 4% in a month.
XRP has also posted an annual return of 367%, making it one of the best-performing major tokens over the last 12 months.
Such gains have followed from Ripple’s increasingly bullish position, with the company expanding rapidly following the final conclusion of its legal case with the SEC in August.
This has boosted bullishness for XRP, and given that more than ten XRP ETFs are in line to launch by the end of the year, the coin’s price could very soon burst.
If we look at its chart, we see that it has just begun a breakout, following a period of overselling.
Its RSI (yellow) and MACD (orange, blue) are beginning to rise again after being in negative positions, while its price looks as though it’s about to break out of a bullish pennant.
Now may be a perfect time to buy XRP, just before it reclaims $3 and potentially breaks its ATH of $3.65, which it recorded in July.
And as we head towards the end of the year, XRP could even rise towards $5.
Crypto Price Prediction: Pump.fun ($PUMP) – Launchpad Growth Could See New Alt Smash All-Time High
If there’s one top-100 token that has truly pumped today, it’s Pump.fun, which at $0.006771 has rallied by 25% in the past 24 hours.
This price also marks a 12.5% gain in a week and a 96% increase in the last 30 days, with the token rallying hard on the back of the Pump.fun launchpad’s recent growth.
Pump.fun is now one of the largest dapps running on Solana and in the crypto ecosystem as a whole, with most new coins launching on its platform.
This is extremely bullish as far as PUMP’s price is concerned, and its chart today suggests that we may see more gains in the near and medium term.
Its indicators are rising from oversold positions, while its price is also bouncing up from the bottom of a channel in which it has been trading since late August.
As such, the crypto price prediction for PUMP looks very promising, with the alt on course to retake its ATH of $0.008819 (set in mid-September) in the next few weeks.
From there, it could easily rise beyond $0.020 in the final month of the year, and rise even higher if the wider market is bullish enough.
Crypto Price Prediction: Plasma ($XPL) – New Stablecoin Platform Ready to Break Out of Channel
At $1.04, new token XPL has actually dropped by 1.5% in the past 24 hours, while it’s also down by 38% since hitting a record high of $1.68 three days ago.
However, as the native token of Bitfinex-backed stablecoin platform Plasma, it has very strong fundamentals, and is likely to return to growth after its current correction plays out.
Plasma already has a total value locked in of $5.67 billion, making it the sixth-biggest layer-one network in the crypto ecosystem.
This is hugely encouraging for such a young platform, and it bodes well for XPL’s future price action.
Despite today’s fall, XPL’s indicators have bottomed out and begun to rise again, suggesting that a recovery is on its way.
It has also been trading within a falling channel over the past week or so, implying that it could make a big move very soon.
Assuming favorable market conditions, it could potentially break out towards $2 in the next week or so, before rallying higher in the coming weeks.
From there, it could pass $4 or even $10 by the end of the year.
PEPENODE Raises $1.5 Million in Presale: Could the Mine-to-Earn Token Surge on Launch?
As far as newer tokens go, there are several interesting presale coins currently available to investors, with some showing potential for big things.
One of these is PEPENODE ($PEPENODE), an ERC-20 token that has raised just over $1.5 million in its presale, which it opened only a few weeks ago.
This figure is an encouraging sign for PEPENODE’s future, with the token generating hype on the back of its plans to become the market’s first mine-to-earn token.
What this means is that it will enable its holders to develop their own virtual mining rigs, through which they can earn rewards in other tokens, such as PEPE and FARTCOIN.
Users can spend PEPENODE to buy more virtual mining nodes, with a higher number of nodes providing greater rewards.
This should incentivize greater PEPENODE accumulation, as should the fact that holders can also stake the token, earning staking rewards on top of virtual mining rewards.
This promises to make the coin one of the more intriguing launches of the year, with investors able to join its sale by going to the PEPENODE website.
The token currently costs $0.0010831, although this will continue to rise for as long as the sale runs.
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🔗 Sumber: cryptonews.com
📌 TOPINDIATOURS Eksklusif crypto: Crypto Community Reacts To Travis Hill’s Nominat
U.S. President Donald Trump has officially nominated Federal Deposit Insurance Corp. (FDIC) acting chair Travis Hill to spearhead the agency during his second term in the White House, Reuters reported on Wednesday.
Acting FDIC Chair Travis Hill Officially Nominated To Position
According to the October 1 report, an anonymous source confirmed to the media outlet that Trump nominated Hill to formally serve as chair of the FDIC.
Hill, who has been serving as acting chair of the FDIC since January, is largely seen as a favorable choice for allowing banks to engage in crypto-related activities.
Prior to his time leading the FDIC, Hill served as the organization’s deputy to the chairman for policy and senior adviser to the chairman.
Crypto Community Reacts As Government Shutdown Continues
Several key players in the digital asset space took to social media following news of Hill’s nomination on Wednesday.
“We congratulate Travis Hill on his nomination to serve at the Federal Deposit Insurance Corporation,” Blockchain Association CEO Summer Mersinger said in a October 1 statement.
“His extensive background in financial regulation and public service uniquely positions him to contribute to the stability and modernization of our financial system.”
Crypto-friendly Senator Tim Scott also praised Hill in a Wednesday statement, saying the former policy adviser possesses a “commitment to fairness in our financial system.”
“I look forward to continuing to work with him to strengthen our financial system, protect consumers, and ensure fairness, access, and accountability,” Scott added.
Meanwhile, Hill’s nomination coincides with the beginning of a U.S. government shutdown after Republicans and Democrats failed to agree on key government spending bills.
A Wednesday vote that would have effectively ended the shutdown also failed, with White House press secretary Karoline Leavitt hinting at “imminent” layoffs.
Ultimately, Trump’s choice of Hill shows the administration’s regulatory priorities—though whether such moves withstand Washington’s dysfunction during yet another government shutdown remains far from clear.
The post Crypto Community Reacts To Travis Hill’s Nomination As FDIC Chair appeared first on Cryptonews.
🔗 Sumber: cryptonews.com
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