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Ripple’s XRP has achieved a significant victory by joining the US crypto reserve, potentially altering its future with the SEC. Meanwhile, Dogecoin traders are rallying behind an emerging AI altcoin that is gaining attention with its impressive public presale. Could this new DeFi coin be the next big thing in the crypto market? Let’s find out.
XRP Price Might Witness Huge Gains Following Recent Ripple News
After news broke that Ripple has been added to Trump’s crypto reserve, the official XRP price surged astronomically. This upward trend has been sustained for the past week, with XRP trading around the $2.30 mark. In addition to this positive development for Ripple, there have also been some speculations swirling that the long-standing SEC vs. Ripple battle could finally be nearing its end.
John Reed Stark, a former SEC enforcement attorney, recently hinted on his X page that the SEC might be considering dropping its case against Ripple. While this hasn’t been confirmed yet, it could no doubt mean great things for XRP price charts. With talk of the government officially embracing Ripple in its reserve, traders are eyeing the next milestone for the official XRP price.
In fact, there have been predictions that suggest that the XRP price could break past $3. Additionally, with growing institutional support, some XRP price experts believe that Ripple might even push beyond $4.
Dogecoin Faces Price Instability Despite Potential ETF Approval
The SEC is now reviewing multiple filings for Dogecoin ETFs. As a result, huge companies like Bitwise, Grayscale, and Rex Shares are now racing for these Dogecoin ETFs to get approval. To make things even better, NYSE Arca filed a 19b-4 to list Bitwise’s Dogecoin ETF. According to these companies, this ETF aims to mirror Dogecoin’s market value using the CF Dogecoin-Dollar Settlement Price.
Despite the excitement surrounding the ETF, Dogecoin’s price has stumbled and plunged by over 2% in the last seven days. The question on every Dogecoin trader’s lips now is: will an SEC green light steady Dogecoin’s momentum or will it stir the waters even more?
Get The Most Out Of Your Retail Trading Experience With IntelMarkets
IntelMarkets is changing the crypto trading game for everyday traders by giving them the kind of sharp, data-driven tools that used to be exclusive to big institutions. This is facilitated through its Intell-M Channel Analysis which is a powerful AI engine that pulls knowledge from over 10,000 sources.
Intell-M tracks wallet movements, spots whale activity, and picks up on hidden market trends so traders don’t have to guess what’s coming next. However, IntelMarkets isn’t just about making smart trades, it is also about keeping assets safe.
With the Quantum X Wallet, the platform introduces the first-ever quantum-proof crypto custody solution that protects crypto users from future cyber threats. Additionally, IntelMarkets has successfully undergone rigorous third-party audits by Codeum, ensuring users can trade with confidence, knowing their assets are secure.
In addition to its incredible trading tool and security system, IntelMarkets is also powered by its native INTL token. IntelMarkets users who hold INTL get to enjoy lower trading fees of up to 30%. The token is also a golden ticket to early feature access, a say in platform’s decisions, and a chance to climb the INTL Leaderboard, where over 12,000 traders compete for rewards and bragging rights.
Right now, IntelMarkets is in Stage 10 of its presale, with INTL tokens priced at $0.092, which is a steal compared to the $0.42 launch price. If it replicates the remarkable XRP price rally in 2021, early buyers could see a jaw-dropping 20,000% gain.
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