The crypto market has been quite a drag in the past few months, with numerous regulations preventing top assets from reaching higher prices. This has become the story for Ripple, a once top-performing asset, which has been in a two-year love-hate legal tussle with the United States Securities and Exchange Commission (SEC).
XRP’s Price Skyrockets After SEC Abandons Charges Against Ripple CEO-Is $1 On The Horizon?
Look at that! Ripple’s recent court victory against the SEC has led to a significant uptick in its XRP price, delighting long-term investors and holders. While there is growing optimism that Ripple will reach $1 soon after clearing its name legally, investors can check out these three cryptos poised to provide impressive long-term gains.
Interestingly, the SEC vs Ripple case appears to climax as the regulatory body dropped charges against Ripple's CEO. As a result, XRP’s price surges to reach $0.52, leaving investors and enthusiasts eager to see if XRP can reach the elusive $1 mark soon.
This article sheds more light on Ripple’s recent victory and prospects in the market for the rest of the year. It also uncovers new cryptos like Bitcoin Minetrix, Meme Kombat, and TG Casino, which are causing quite a stir in the crypto community and ready to deliver massive gains to early holders.
A Win for Ripple As SEC Drops Charges Against CEO: Is $1 The Next Price Target?
In a dramatic turn of events, the SEC has decided to drop the charges against Ripple’s CEO, Brad Garlinghouse, and Executive Chairman, Chris Larsen, in connection with their alleged involvement in violating federal securities laws through XRP transactions.
This marks another win for Ripple in its legal battle against the regulatory agency. In July, Ripple had already achieved a partial victory when the judge ruled that the company had not violated federal securities laws by making XRP available to retail investors on exchanges. This development sent shockwaves through the cryptocurrency market and reignited optimism for XRP enthusiasts, who now see a bright future ahead.
However, the judge found that the company had violated federal securities law when selling XRP directly to institutional investors. Consequently, the entire case is not yet over, as the SEC and Ripple will continue their discussions.
Hopefully, SEC’s final move with regards to Ripple (XRP) will have a “ripple effect” on the crypto space. While this calls for patience, it is vital to consider new cryptos that are ready to revolutionize the markets and provide the best possible gains for early investors. Without further ado, let’s take a look at these coins.
Bitcoin Minetrix (BTCMTX): A Revolutionary Crypto Mining Platform
Bitcoin Minetrix (BTCMTX) is a cutting-edge crypto project that continues to impress in its ongoing presale, raising over $2 million in capital. This new player aims to revolutionize cloud mining with its groundbreaking “stake-to-mine” approach. With this approach, Bitcoin Minetrix’s participants can stake their BTCMTX tokens to mine Bitcoin. By staking BTCMTX, holders earn staking APY of up to 310% and receive cloud mining credits, which are then utilized to generate allocated cloud mining time.
Interestingly, this entire process is decentralized, as you can unstake or withdraw your BTCMTX tokens at any time. There are 4 billion BTCMTX tokens in the ecosystem, with 2.8 billion allocated for its 20-staged presale event. With a goal to raise about $30 million, Bitcoin Minetrix is well on its way to making a significant mark in the world of crypto. Endeavor to take advantage of its early offerings.
TG Casino (TGC): A Telegram Casino With Staking and BuyBack Features
The GambleFi industry is heating up as TG Casino, a fully decentralized and licensed crypto casino, is set to take the industry by storm. Thanks to its unique integration with the popular messaging app Telegram, this groundbreaking platform promises an exceptional gaming experience, offering instant and anonymous play and seamless crypto transfers.
This Telegram casino introduces its native token, $TGC, as a gateway to additional rewards beyond traditional gambling. The early bird investors in the presale stage can swiftly stake their $TGC tokens and enjoy an astonishing Annual Percentage Yield (APY) of over 300%.
Furthermore, TG Casino implements buyback and burning systems to ensure its TGC tokens remain scarce on the market, thereby increasing its values long term. There’s a maximum supply of 100 million TGC tokens, 40% allocated to the presale, and a hard cap of $5 million.
Thus far, TG Casino has raised over $1.4 million in its ongoing presale; investors are actively buying this token ahead of its full product launch and exchange listings that will propel its price further. Endeavor not to miss out!
Meme Kombat (MK): A Fantastic AI Meme Platform With Revolutionary Features
Meme Kombat shines exceptionally as a meme coin, blending entertainment and lucrative opportunities in its ecosystem. This project introduces a captivating gaming element that revolutionizes the meme coin universe. It involves meme characters engaging in an epic showdown and you, as an investor, betting on your favorites for passive income.
In the inaugural season, 11 memes will compete for supreme meme glory, promising evolving features and rewards in future seasons. The platform, set to launch in the second half of Q3 2023, will ignite a new era in meme coin entertainment.
With 50% allocated for the presale, Meme Kombat presents an enticing opportunity for early investors. The token, priced at $1.667, has already raised over $650,000, and staking offers a remarkable APY of 112%. This project is causing quite a stir in the meme space; don’t miss out on its early stages and enjoy massive returns when it moons.
Cogwise (COGW): An Amazing AI- Powered Crypto Platform
Cogwise is an innovative cryptocurrency venture that is revolutionizing the crypto landscape with the power of Artificial Intelligence, particularly Natural Language Processing (NLP). To fully enjoy this platform, you need its native token, $COGW, allowing access to a world of premium AI-driven features.
As a $COGW holder, you gain access to a cutting-edge AI trading assistant. This digital companion helps you create smart contracts, perform technical analyses, and efficiently track your wallet activities. You can also stake your $COGW tokens to generate passive income. With 40% of Cogwise's 1 billion token supply available in the presale, this is your chance to join a groundbreaking project.
Enjoy Massive Earning Opportunities With These Top-Notch Cryptos
Look at that! Ripple’s recent court victory against the SEC has led to a significant uptick in its XRP price, delighting long-term investors and holders. While there is growing optimism that Ripple will reach $1 soon after clearing its name legally, investors can check out these three cryptos poised to provide impressive long-term gains.
These crypto projects boast impeccable utilities and passive earning opportunities for their holders. So, endeavor to participate in their presale events before they list on exchanges and carve your path to digital wealth.
Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.
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