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February 20, 2025 by Vaigha Varghese
Ripple has still not seen the end of its legal troubles with the SEC, and there is yet to be a decision on whether or not the Ripple token will be traded as security. The final decision of this case will have a significant impact on the plunging XRP price. Meanwhile, Dogecoin has fallen substantially in the past 30 days, and market experts are not optimistic about a potential rebound.
DTX Exchange is an emerging trading platform that will revamp the global financial markets with its fantastic real-world use case. DTX Exchange has had a historic ICO, and its presale is about to conclude. The presale has raised a tremendous 14.8M dollars in funding, and it’s on its way to listing its token on top-tier exchanges.
Will the SEC Rule in favor of Ripple?
Regulatory uncertainty looms over Ripple as its legal battle with the US Securities and Exchange Commission (SEC) is far from over. Experts say that a potential SEC appeal withdrawal could fuel the XRP price’s surge past $3.5. The SEC has to make a final ruling on whether the XRP token can be traded like a security, and this legal battle has significant implications for the cryptocurrency industry, as it may set precedents for how digital assets will be regulated and classified in the future.
The XRP price is desperate to be lifted, and while it was thought that Ripple ETFs would take responsibility, the XRP Spot ETF approvals also hinge on the token’s status as a non-security asset. The XRP price is underperforming, considering the broader crypto market performs better than Ripple. The SEC case and XRP ETFs remain crucial drivers of the XRP price and experts say, if both are in favor of ripple, the XRP price could easily push past $3.55 towards $5.
If the SEC proceeds with its appeal and rejects the Ripple ETFs, the XRP price could drop below $1.5. Right now, Ripple must have the ETF approvals so institutional inflows can help sustain the XRP Price to a new ATH.
Dogecoin Price Plunges, But Trading Volumes Rise
The Dogecoin price hit $0.25 yesterday, dropping more than 10% in two days. The dip has coincided with Elon Musk-led D.O.G.E’s run-in with the SEC. The market reacted to the regulatory squabbles and Musk’s clash with the SEC as the Department of Government Efficiency (D.O.G.E) announced an official investigation into the financial records of the SEC.
With the increased market volatility, the Dogecoin price fell, and its price action aligned with the broader political and regulatory narrative. A Dogecoin sell-off was initiated last week when the SEC acknowledged Dogecoin spot ETF filings. Rising trading volumes suggest that speculative traders are buying Dogecoin dip, but experts say that Dogecoin may soon find strong buy-side momentum.
DTX Exchange Gives Early Investors an Outstanding 800% ROR
The DTX Exchange presale had the token initially priced at $0.02. Now, at the end of the presale the token is priced at an 800% increase at $0.18. Early investors have made sizable returns, and even if one joins the presale now, there is massive potential for greater returns as the token will list at $0.2 and hit $1 in no time.
DTX Exchange powers its native token with its multi-asset hybrid trading platform that combines centralized and decentralized functions to create a fast, secure, and reliable trading ecosystem. It is built on a proprietary layer-one blockchain, and its distinctive trading system will revolutionize capital trading markets. DTX Exchange has immense growth potential and offers a rare chance for investors to make unbelievable profits.
To know more about the DTX Exchange ecosystem, Check out:
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