The approval of Spot Ethereum ETFs by US regulators opened the floodgates as investors started to yearn for more altcoin-related ETFs. However, recently, Bank of America analysts have sounded an alarm that the SEC could soon shift focus to AI-related ETFs, and an AI altcoin, WallitIQ (WLTQ), seems to be leading the pack as it gains wider adoption with its massive presale. The Bank of America analysts are also confident that the AI altcoin will skyrocket ahead of XRP in the coming bull cycle. Let’s see why
XRP Price Remains Unstable
An analysis of the XRP price chart suggests that investors remain cautious over Ripple (XRP) as its fear and greed index enters 44, indicating that investors are not confident in the altcoin. In addition, Ripple (XRP) ‘s 14-day RSI is around 38, suggesting that the altcoin is in oversold territory, indicating strong bearish momentum. Thus, an analyst speculates that the XRP price could test weekly support of $1.40 if it closed below the $1.96 level, which acts as daily support.
Meanwhile, if the XRP price recovers, the altcoin could rally to its daily resistance of $2.72. Further, crypto community members and analysts are anticipating the potential approval of an XRP ETF by the US SEC, which is expected to take the XRP price to an all-time high of $4.50. However, according to CoinGecko, the XRP price is currently trading around $2.50, and it has reclaimed its position as the third-largest cryptocurrency in the crypto market.
WallitIQ (WLTQ) Massive Presale Attracts Whales
As the Bank of America analysts speculate, WallitIQ (WLTQ) has seen an influx of whales in its ecosystem as its presale gains momentum in the crypto market. These whales hurry into the network because the Bank of America analysts have hinted that WallitIQ (WLTQ) is primed for a massive surge as US regulators eye a shift to AI-related ETFs.
Thus, the Bank of America analysts have predicted a surge to $20 for the platform’s AI altcoin WLTQ, and investors are hurrying to buy it now at a low price of $0.0420 per coin in presale. However, aside from that, WallitIQ (WLTQ) offers investors a non-custodial crypto wallet powered by AI and machine learning algorithms. Like every other wallet, the crypto wallet allows users to buy, sell, and exchange cryptocurrencies; however, unlike traditional wallets, it offers Push Protocol. Push Protocol is a DeFi feature that allows for interoperability, transforming a crypto wallet into a central hub for all user interactions across the DeFi landscape.
Moreover, WallitIQ (WLTQ) offers a multilingual AI chatbot that provides 24/7 assistance to users who have troubleshooting issues or are carrying out transactions, making it friendly for users from all regions. Recently, the platform rolled out its crypto wallet management mobile app’s MVP version, allowing users to manage multiple crypto wallets from a single interface. Soon, WallitIQ (WLTQ) intends to release its beta platform, which will speed up the ecosystem’s growth.
However, before then, the platform had agreed to an audit of its smart contract by top blockchain security firm SolidProof, and after a thorough examination, SolidProof declared it safe for investors. WLTQ, the platform’s altcoin, is at the center of the network, as it is instrumental in its governance, enabling users to participate in the ecosystem’s decision-making regarding system upgrades or changes. In addition, users who use the AI altcoin as gas fees on the network become eligible for discounts on their transactions, and users who stake the AI altcoin can receive bonuses aside from the 180% APR that the platform offers as a staking reward.
Final Thoughts
The shift to AI-related ETFs will be massive for WallitIQ (WLTQ) as its AI altcoin, WLTQ, leads the pack for potential approval. The Bank of America analysts are also optimistic that if approved, the altcoin will surge to the $20 mark ahead of XRP, making all early investors crypto millionaires. Interestingly, the AI altcoin has been listed on Coinmarketcap, boosting its credibility and trustworthiness among crypto investors. Do not miss this opportunity: buy WallitIQ (WLTQ) today.
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