
Jakarta, Pintu News – The crypto market experienced a significant increase last week, with Bitcoin surging to $115,000 and the total valuation of all tokens reaching over $4 trillion. This recovery is expected to continue this week as the Federal Reserve cuts interest rates.
This article will review some of the cryptocurrencies to watch this week according to Crispus Nyaga, financial analyst at Bankless Time, including Ripple , Arbitrum , Dogecoin , and LayerZero .
Market focus will be on the price of Ripple (XRP) ahead of the launch of the first Exchange-Traded Fund (ETF) by Rex Osprey. This ETF will give investors exposure to XRP through the Cayman-based investment firm.

The launch of the XRP ETF adds to the list of previously launched ETFs by Teucrium and ProShares, which have attracted over $350 million and $100 million respectively.
While these upcoming ETFs are getting attention, investors seem to be more looking forward to the ETF approvals scheduled for October. The ETF will be launched by major companies such as Bitwise, Invesco, and Franklin Templeton.
Read also: Altcoin Season Index Jumps to 80, What Does This Mean?
The Dogecoin (DOGE) price has performed well in recent months, rising from $0.1300 in April to $0.30 currently. This price will be in the spotlight with the launch of the DOJE ETF by Rex-Osprey, which will be the first Dogecoin ETF.

Technical analysis shows that Dogecoin price has further upside potential as it has formed a bullish double-bottom pattern with a neckline at $0.2866 and remains above the 50-day and 100-day moving averages.
Dogecoin price is currently at a major resistance point at $0.29. As such, the most likely Dogecoin price forecast is to rise to reach a new high of $0.35.
Read also: Arthur Hayes: “Bitcoin’s Bullish Trend May Continue Until 2026!”

The LayerZero token (ZRO) has been in a tight range in recent months and underperformed compared to other cryptocurrencies. Nonetheless, the token remains important due to its role in ensuring interoperability between blockchains.
The ZRO price will be in focus this week as the network will open access to millions of tokens worth $48 million, which is equivalent to 21% of the total supply. This token opening is expected to continue to increase as it currently has a circulating supply of 245 million out of a maximum of 1 billion ZRO tokens.

Another cryptocurrency worth keeping an eye on is Arbitrum (ARB), the second largest layer-2 network in the industry. Its main catalyst this week is the nearly $50 million token opening that will happen on Sunday.
Like LayerZero, Arbitrum also has a long way to go in terms of token opening, with a current circulating supply of 5.29 billion out of a maximum of 10 billion. This token opening may explain why Arbitrum’s price has underperformed compared to other cryptocurrencies.
With ever-changing market dynamics and the significant influence of global economic policies, this week is predicted to be an important one for crypto investors and observers. Cryptocurrencies such as Ripple (XRP), Dogecoin (DOGE), LayerZero (ZRO), and Arbitrum (ARB) deserve special attention due to various developments that will occur.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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