In October 2023, XRP and Dogecoin show activity amid news of institutional investments and potential ETFs. A new player, Unstaked, also enters the market.
Unstaked: A New Player in the Market
Unstaked, with the token $UNSD, is currently in presale for $0.00799. Predictions indicate a potential rise above $4, equating to a 27x gain. Over $1 million was raised on the first day of presale, showing high interest from major investors.
XRP Analysis: Institutional Demand and Price Movements
Currently, XRP is trading at about $2.20, slightly down from April's peak of $2.34. Following Ripple's $1.25 billion acquisition of Hidden Road and ProShares' approval of ETFs, XRP surpassed the $2.16 mark. The upcoming launch of XRP futures is expected to increase institutional interest.
Future of Dogecoin: ETF Speculation
Dogecoin (DOGE) is trading around $0.182, with news of a potential ETF reigniting interest. Predictions range from a drop to $0.135 to a rise to $0.731, while support at the $0.20 level gives hope for a sharp increase.
The analysis shows that XRP and Dogecoin are at the forefront of attention due to institutional news and speculation. New projects like Unstaked may also reshape the market landscape.
