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Brazil Approves XRP ETF, XYZVerse Raises Over $8M

Brazil Approves XRP ETF, XYZVerse Raises Over $8M

HappyCoinNewsHappyCoinNews2025/02/23 00:55
By:HappyCoinNews

In February 2025, the cryptocurrency market experienced a significant event when the Brazilian Securities and Exchange Commission (CVM) approved the launch of the world's first spot ETF , based on cryptocurrency XRP This fund, known as Hashdex Nasdaq XRP The Index Fund will be listed on Brazil's B3 exchange, providing investors with a new vehicle to participate in the digital asset market.

Approval of this ETF caused a noticeable increase in cost XRP : Within 24 hours of the announcement, the token price increased by 8%, reaching $2,71. This highlights the positive market reaction to the expansion of investment opportunities associated with XRP .

XRP Price Analysis and Forecast

After a sharp rise in price XRP stabilized at $2,68. Key indicators show a mixed picture:

  • Moving Averages: Daily charts are signaling a possible downtrend as XRP trading below key short-term MAs.
  • RSI indicators and oscillators: RSI remains in the neutral zone, which indicates that there is no overbought or oversold conditions.
  • Key levels: Support is around $2,30, while significant resistance is expected at $3,00. A break of these levels could determine further price direction.

In parallel with growth XRP XYZVerse, the first sports memecoin, is rapidly gaining momentum and has become one of the most discussed topics. The project has already raised over $8 million, proving the high interest of investors.

Pre-sale is rapidly gaining momentum - 10 of 15 stages have already been completed

XYZVerse is becoming a unique project that combines the excitement of sports events and the atmosphere of memecoins. Designed for fans of football, basketball, MMA and eSports, XYZVerse offers a fresh concept that attracts both the sports community and crypto enthusiasts in search of a promising asset.

There is already strong interest in the project, with 10 out of 15 pre-sale stages completed, confirming strong momentum ahead of the token generation event (TGE).

The phased presale structure involves a gradual increase in the price of the $XYZ token.

  • At the 1st stage its cost was only $0,0001
  • At the 11th stage, the price has already risen to $0,0025

This stage will end once the fundraising reaches $10 million. At the moment, the project has already raised over $8 million, which is about 80% of the target amount.

Those who participate in the early stages of the presale receive tokens at the maximum discount, making it especially profitable to buy $XYZ now.

Buy $XYZ token at a discount

XYZVerse's Ambitious Roadmap

XYZVerse is aiming for sustainable growth to cement its status as one of the leading memecoins. Key milestones include:

  • Token Launch (TGE) - After the presale is complete, the $XYZ token will officially be rolled out, accompanied by a major marketing campaign.
  • Exchange Listing - After TGE, the project plans to list on major centralized (CEX) and decentralized (DEX) exchanges, which will increase accessibility for investors around the world.
  • Community Development - XYZVerse will launch loyalty programs and special events for active community members.
  • Token burning mechanism - 17,13% of the supply will be destroyed, which will reduce the number of tokens in circulation over time and may contribute to their value growth.
  • Sports Partnerships - The XYZVerse team is in talks with well-known sports organizations and influencers to expand their audience and strengthen their brand.

Why is XYZVerse attracting the attention of investors?

Early investors not only get $XYZ at a good price, but also believe in the potential of the project. A strong concept, a clear roadmap, a well-thought-out tokenomics and an active community make XYZVerse a promising player in the sports-themed memecoin niche.

With five pre-sale stages remaining, investors still have a chance to purchase $XYZ at the best possible price before listing on major exchanges.

More information about the XYZVerse (XYZ) project can be found here:

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This article does not constitute investment advice. The reader bears full responsibility for any actions taken based on the information obtained on our site. The acquisition of high-risk assets is associated with additional risks.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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