Altcoin
XRP Price to $1 As Ripple CLO Shares Great News With Community?
Ripple Chief Legal Officer (CLO) Stuart Alderoty reacted as the U.S. Securities and Exchange Commission filed appeal Form C in the U.S. SEC vs Ripple Labs lawsuit. Alderoty shared the good news with the XRP community as the government agency decided to not appeal Judge Torres’ summary judgment on XRP classification as non-security. This has made the community upbeat on XRP price hitting $1.
Here’s What US SEC Appealed In Ripple Lawsuit
The U.S. SEC filed Appeal Pre-Argument Statement (Form C) in the XRP lawsuit, with the price moving in tandem. The government agency has appealed against the following decisions by the federal judges:
- SEC has appealed the summary judgment on XRP sales through crypto exchange by Ripple
- XRP distribution to employees and others by Ripple
- XRP sales on exchanges by CEO Brad Garlinghouse and Executive Chairman Chris Larsen
“Whether the district court erroneously granted partial summary judgment in favor of defendants with respect to Ripple’s offers and sales of XRP on digital asset trading platforms (and Garlinghouse’s and Larsen’s aiding and abetting of those offers and sales), Garlinghouse’s and Larsen’s personal offers and sales of XRP, and Ripple’s distributions of XRP in exchange for consideration other than cash. These issues are to be reviewed de novo.”
Lawyer James Murphy, aka MetaLawMan, was surprised that the government agency has not appealed the ruling on disgorgement in the remedies phase. The agency is also not contesting the $125 million in penalties.
Attorney Fred Rispoli and former SEC lawyer Marc Fagel affirmed that the final judgment is included in the notice of appeal. So, the SEC can still argue it in its briefing as it seeks to first focus on some part of XRP programmatic sales. However, the community noted a decline in XRP price.
Several lawyers such as Jeremy Hogan and Bill Morgan slammed the government agency for bringing back allegations against Garlinghouse and Larsen. Also, the SEC is accused of missing the Form C filing deadline and back dating the document.
Backdating is bad. I don’t think anyone would disagree (hell, I spent several years at the SEC on backdated stock option cases). But we can speculate all sorts of things which would be bad without benefit of evidence.
— Marc Fagel (@Marc_Fagel) October 18, 2024
Ripple CLO Shares Good News With XRP Community
Notably, Ripple CLO Stuart Alderoty took to X to share the good news with the community that “XRP is not a security” is NOT being appealed. He added that XRP has gained more clarity as the “decision stands as the law of the land.”
In a challenging way, he asked the community to await Ripple’s response to the SEC filing. The company will file its Form C next week. Traders anticipate a rebound in XRP price during Ripple filing.
XRP Price to Hit $1
The SEC not appealing XRP non-security status to fuel positive sentiment in the market. XRP price can even surpass $1 amid the renewed bull market. Moreover, Ripple CEO Brad Garlinghouse said Gary Gensler’s days are over, despite the outcome of the 2024 US presidential election.
XRP price fell 1% as the community speculates on Ripple vs SEC appeal. The price is currently trading at $0.55, with a 24-hour low and high of $0.540 and $0.564, respectively. Furthermore, the trading volume has decreased by 11% in the last 24 hours. Popular analyst Egrag Crypto predicts XRP price rally to $1.5 in the short term.
In the derivatives market, XRP buying remains strong despite a slight drop in price due to Friday’s crypto expiry. Total XRP futures OI jumped over 2% in the last 4 hours to 1.40 billion worth $770 million, as per Coinglass data.
Varinder Singh
Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Pepecoin Investors Sell Shiba Inu Position To Buy More Mpeppe Before Bitmart Listing, Here’s How To Buy MPEPE
The cryptocurrency market continues to witness significant shifts as investors search for the next big opportunity. Recently, Pepecoin (PEPE) and Shiba Inu (SHIB) have been major players in the meme coin market. However, many investors are beginning to reallocate their holdings, with Mpeppe (MPEPE) emerging as the latest hot token. With its Bitmart listing scheduled, Mpeppe (MPEPE) has captured the attention of both Pepecoin (PEPE) and Shiba Inu (SHIB) investors, leading them to sell off their positions in favor of this new rising star.
The Shift from Shiba Inu (SHIB) to Mpeppe (MPEPE)
Shiba Inu (SHIB) has enjoyed a stellar rise over the past couple of years, garnering attention as a serious competitor in the meme coin market. However, some investors have grown concerned over SHIB’s limited utility and recent price stagnation. As a result, many are exploring new opportunities in projects that offer more than just community-driven hype. This is where Mpeppe (MPEPE) steps in.
With its upcoming Bitmart listing, Mpeppe (MPEPE) provides both utility and excitement. Investors have noted the strong community backing and innovative features that set Mpeppe (MPEPE) apart from traditional meme coins like Shiba Inu (SHIB). The upcoming exchange listing is expected to bring new liquidity and exposure to Mpeppe (MPEPE), making it a prime target for those looking to shift their investments.
Pepecoin (PEPE) Holders Flock to Mpeppe (MPEPE)
Similarly, Pepecoin (PEPE) investors are reallocating their funds into Mpeppe (MPEPE) in anticipation of its growth. While Pepecoin (PEPE) has had its moments of price surges and excitement, its lack of tangible utility has prompted holders to seek tokens that offer both entertainment and profit-making potential.
Mpeppe (MPEPE), with its integration into the gaming and gambling space, provides more than just speculative value. Its innovative Mpeppe Casino allows users to engage in gaming activities, earn rewards, and stake their tokens for passive income. This utility has attracted a wave of Pepecoin (PEPE) holders who are eager to capitalize on the token’s long-term growth potential.
Why Mpeppe (MPEPE) Is a Better Option than Shiba Inu (SHIB) and Pepecoin (PEPE)
While Shiba Inu (SHIB) and Pepecoin (PEPE) have had their moments of success, Mpeppe (MPEPE) is quickly rising as a more viable investment due to its utility in the gambling and gaming sectors. The ability to earn rewards, participate in staking, and engage in gaming through the Mpeppe Casino makes it an attractive option for both casual and serious investors.
Additionally, the upcoming Bitmart listing has generated significant buzz in the crypto community, with experts predicting a substantial price surge following the event. As more investors from Pepecoin (PEPE) and Shiba Inu (SHIB) migrate to Mpeppe (MPEPE), the token is expected to continue its upward trajectory.
Conclusion: Why Now Is the Time to Buy Mpeppe (MPEPE)
With Shiba Inu (SHIB) and Pepecoin (PEPE) facing increasing competition and stagnation, Mpeppe (MPEPE) stands out as the next big thing in the meme coin market. Its utility, strong community backing, and upcoming Bitmart listing make it an attractive investment for those looking to maximize their gains. For investors seeking to diversify their portfolios and capitalize on a high-growth opportunity, Mpeppe (MPEPE) is the token to watch in 2024.
For more information on the Mpeppe (MPEPE) Presale:
Visit Mpeppe (MPEPE)
Join and become a community member:
https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
Neiro Ethereum nabbed considerable investor optimism across the broader market on Friday, witnessing nearly 10% gains in light of a partnership. The dog-themed meme token’s community revealed that it is partnering with market maker DWF Labs, garnering noteworthy attention across the industry. Meanwhile, traders appear to have reacted positively to the collaborative endeavor, as even the intraday trading volume for the asset surged roughly 17%.
Neiro Ethereum Partners DWF Labs Driving Market Growth
In an X post dated October 18, ‘Neiro On Ethereum’ stated, “We are thrilled to partner with DWF Labs, a new generation Web3 investor and market maker.” This announcement has promptly gained significant traction, marking a monumental stride for the meme token.
“Together, we’ll amplify Neiro’s market presence, drive growth, and expand our community, the post stated, sparking optimism. Simultaneously, the market maker also took the collaborative endeavor to X, underscoring efforts to drive market growth for the crypto.
However, market participants are much awaiting further details on the collaborative endeavor, which are yet to be revealed. Simultaneously, the coin’s price illustrated bullish trajectories in tandem with the partnership announcement, further igniting market discussions.
Meme Coin Price Gains
At press time, NEIRO price gained nearly 10% in the past 24 hours and is now trading at $0.09835. The coin’s intraday low and high were recorded as $0.08216 and $0.1026, respectively. As mentioned above, trading volume over the past day noted a 17% surge in light of the partnership announcement. These stats have fueled positive market sentiments for the meme-themed token.
Simultaneously, Coinglass data indicated a 9% upsurge in the coin’s futures OI to $81.47 million lately. Further, the derivatives volume for the coin also rose 13% to $628.75 million. These stats added to optimism surrounding the asset, underlining increased investor interest in tandem with the partnership. Coupled with today’s price jump, the coin reflects an uptrend.
Even the broader time frame charts hinted that Neiro Ethereum is on a rally. Weekly gains for the coin totaled over 7%, whereas the monthly chart indicated a 32% upswing. This price upswing also aligns with broader gains witnessed across the meme coins sector, as seen by the crypto prices today. Market enthusiasts continue to monitor the meme token for further price action shifts.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
This Under the Radar Crypto Will Put the Shiba Inu and XRP Price to Shame with an 8000x Run by 2025
While past Shiba Inu and XRP price surges have made the tokens a darling to most crypto investors, a new AI token has emerged and has already seen a significant price surge in its ongoing presale.
With its innovative features and potential for explosive growth, this new AI token could easily outperform well-known coins like Shiba Inu and XRP.
Shiba Inu and XRP Price Movements
Shiba Inu (SHIB) has established itself as a meme-based cryptocurrency, often compared to Dogecoin. Currently, SHIB is trading at $0.0000184, having experienced significant fluctuations over time.
While SHIB has garnered considerable attention and a robust community, it remains down approximately 74.65% from its all-time high (ATH) of $0.0000725, and its short-term price projection does not clearly show a path to reclaiming its ATH.
On the other hand, XRP is recognized for its potential in facilitating cross-border payments and has positioned itself as a leading cryptocurrency, currently priced at around $0.5402.
Despite its prominent position, down approximately 83.73% from its all-time high of $3.32, XRP price faces bearish sentiment in the short term, which raises questions about its future performance.
The Under the Radar Crypto Poised to Surpass Shiba Inu and XRP
Among the many projects emerging in the crypto space, RCO Finance (RCOF) stands out as a potential game-changer. Currently in its second presale stage, RCOF has seen a remarkable surge of 169% from its initial price, which is now $0.0344.
As the presale progresses, the token’s price will rise to $0.05588 in the next stage.
RCOF is projected to achieve an astonishing increase of over 1,644% through the remaining presale stages, with an expected listing price between $0.4 and $0.6.
The momentum generated during the presale points to a strong potential for further gains post-listing.
As RCO Finance prepares to launch its native platform, early investors have a unique opportunity to significantly multiply their investments.
Why RCO Finance (RCOF) Could Soar 8000x by 2025
RCO Finance (RCOF) is not just another token but the native cryptocurrency of a revolutionary decentralized trading platform dubbed RCO Finance.
The RCO Finance platform harnesses the power of artificial intelligence (AI), making it a significant player in the evolving crypto landscape. The anticipated growth of the RCO Finance platform could result in a substantial increase in RCOF’s price within weeks of launch.
With features such as an AI-powered Robo Advisor that tailors investment strategies to users’ needs, access to over 120,000 assets across 12,500 asset classes, and tokenizing real-world assets (RWAs), RCO Finance is designed to cater to novice and seasoned investors.
The platform offers a unique opportunity for users to engage with previously inaccessible markets, enhancing the overall investment experience.
Moreover, the platform has undergone smart contract auditing by SolidProof to ensure safety and reliability, which builds trust among investors.
These features of RCO Finance, coupled with the strong market demand for AI solutions, suggest that the RCOF token could easily surpass the $1 mark post-listing, making it a prime candidate for explosive growth.
Why RCO Finance (RCOF) Could Be the Best Investment Option Right Now
When comparing investment opportunities in the current market, RCOF emerges as the best alternative to established players like Shiba Inu and XRP.
With its multifaceted use cases within the AI-powered RCO Finance ecosystem, RCOF presents a unique value proposition that sets it apart from its competitors. The hype surrounding AI projects further positions RCO Finance for considerable growth.
RCOF’s tokenomics are designed for long-term sustainability. With 50% of tokens allocated for public sale, the company demonstrates a commitment to community development and fair distribution. Additionally, 12% of tokens are locked for three years to mitigate volatility and prevent pump-and-dump scenarios.
While Shiba Inu and the XRP price have shown significant movements, the RCO Finance (RCOF) price surge in the ongoing presale stages presents a compelling case for investment.
Investors looking for an opportunity to capitalize on the next big thing in crypto should consider RCOF a top contender, with the possibility of an incredible 8,000x return by 2025.
For more information about the RCO Finance Presale:
Join The RCO Finance Community
Pepecoin Investors Sell Shiba Inu Position To Buy More Mpeppe Before Bitmart Listing, Here’s How To Buy MPEPE
Can PEPE Price Manage to Chart a 32% Rise This Week?
Neiro Ethereum Partners With DWF Labs, NEIRO Price Soars 10%
WIF Price Approaches $2.89 Resistance As Bulls Regain Control
This Under the Radar Crypto Will Put the Shiba Inu and XRP Price to Shame with an 8000x Run by 2025
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