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Cryptocurrency News Articles
Unstaked's $4.5M Presale and 27x Upside Make It a Smarter Bet Than XRP or Litecoin ETF Hope
May 13, 2025 at 02:00 am
In a market full of delays and closed-door deals, real opportunity can be easy to miss. Litecoin is making headlines for its possible ETF, and XRP faces continued price pressure.
Litecoin is making headlines again as hopes for a spot ETF bring new interest to the coin. Meanwhile, XRP price faces persistent downward pressure within a clear descending channel. However, in a move that offers a refreshing alternative to these well-known cryptocurrencies, Unstaked has managed to raise an impressive $4.5 million in Stage 9 of its presale at a Priced at $0.00823.
This initiative showcases a stark contrast to the usual narrative of private rounds and limited access. Unstaked approached its token offering differently, focusing on fairness and accessibility.
The project prides itself on having no private rounds or special deals, ensuring that every buyer joins on equal terms. This commitment to a fully public presale is evident in the staggering amounts raised—including a single day where the project clocked in $1 million in contributions.
This signals not only the growing demand for Unstaked but also the strength of its model, which deviates from the typical crypto projects that often face early investor sell-offs or promise delayed tools.
Unstaked is setting up an open and transparent entry point for early participants with immediate utility. Once the token launches, users can immediately use AI agents across X and Telegram, which will contribute to communities and earn rewards through the Proof of Intelligence system. This system tracks activity on-chain and pays out based on results, offering a unique angle on engaging with Web3.
This stands in contrast to Litecoin, which is still awaiting the final answer from the SEC on any of the applications for a Litecoin Spot ETF.
While firms like Canary Capital, Grayscale, and CoinShares have filed for the product and the inactivity of the SEC has led to legal action, no decision has yet arrived.
The legal process and the administrative burden on the SEC mean that any approval will take time, with some legal experts estimating that it will not arrive until late 2025.
If approved, an ETF could bring more institutional buyers to Litecoin and raise long-term demand for the coin, which has seen its price climb above $120 as a result of the ETF buzz and large investor activity.
However, until the SEC gives a final answer, this new interest will remain largely speculative.
The idea of an ETF is promising, but the access and utility are not yet present, which could lead users to seek out alternatives.
Meanwhile, the current XRP price movement shows the asset stuck inside a clear descending channel, showcasing the continuing struggle for the coin to escape the downward pressure.
Every attempt to break higher has been stopped by the top of the channel, indicating that sellers still control the market in the short term.
The lower boundary of the channel has so far been respected, but any drop below it could lead to more losses.
Overall, the asset has been moving sideways or down for a long period, with traders remaining cautious as no bounce has yet managed to turn into a lasting upward trend.
Until the pattern changes, the XRP price movement shows more signs of uncertainty than strength.
However, those seeking a new venture with immediate utility and a focus on fairness might find interest in Unstaked, which has already managed to raise $4.5 million in Stage 9 of its presale at a Priced at $0.00823 in anticipation of a projected launch price of $0.1819.
This initiative showcases a stark contrast to the usual narrative of private rounds and limited access. Unstaked approached its token offering differently, focusing on fairness and accessibility.
The project prides itself on having no private rounds or special deals, ensuring that every buyer joins on equal terms. This commitment to a fully public presale is evident in the staggering amounts raised—including a single day where the project clocked in $1 million in contributions.
This signals not only the growing demand for Unstaked but also the strength of its model, which deviates from the typical crypto projects that often face early investor sell-offs or promise delayed tools.
Unstaked is setting up an open and transparent entry point for early participants with immediate utility. Once the token launches, users can immediately use AI agents across X and Telegram, which will contribute to communities and earn rewards through the Proof of Intelligence system. This system tracks activity on-chain and pays out based on results, offering a unique angle on engaging with Web3.
This stands in contrast to Litecoin, which is still awaiting the final answer from the SEC on any of the applications for a Litecoin Spot ETF.
While firms like Canary Capital, Grayscale, and CoinShares have filed for the product and the inactivity of the SEC has led to legal action, no decision has yet arrived.
The legal process and the administrative burden on the SEC mean that any approval will take time, with some legal experts estimating that it will not arrive until late 2025.
If approved, an ETF could bring more institutional buyers to Litecoin and
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- JAKARTA The buyer of the $TRUMP meme coin published by US President Donald Trump will soon find out if they have won the opportunity to have dinner with the president
- May 13, 2025 at 08:30 am
- The event, promoted by Trump on social media as "the World's Most EXCLUSIVE Court," promised top $TRUMP coin holders 220 people to be invited to a gala dinner with the president.
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- Uniswap Protocol Surpasses $3T in All-Time Trading Volume, Cementing Its Position as the First DEX to Do So
- May 13, 2025 at 08:20 am
- The Uniswap protocol has reached a significant milestone by surpassing $3 trillion in all-time trading volume, cementing its position as the first decentralized exchange (DEX) to do so.
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- Tether USDT Supply Hits $150 Billion; Tron Surpasses Ethereum with $73.7B, Stablecoin Volume at $1.82T
- May 13, 2025 at 08:10 am
- Tether's USDT stablecoin supply has reached a new all-time high, surpassing $150 billion in total market capitalization. The Tron blockchain now hosts $73.7 billion of USDT supply, overtaking Ethereum's $71.6 billion for the first time. This represents an 11% increase in stablecoin supply on Tron over the past month, with $7.5 billion added in 30 days. Stablecoin transaction volumes are also rising sharply, with total transaction volume hitting $1.82 trillion globally. Additionally, stablecoin activity on the Base network surged to record levels in Q1 2025, recording $3.81 trillion in transfers and 915,200 monthly active users.