XRP Price Slips on SEC Appeal While Safer Alternative XRP20 Fundraising Accelerates Past $1.8m
The XRP price is slipping lower after news emerged that the US Securities and Exchange Commission (SEC) is appealing the judge's decision in the XRP securities case, boosting the appeal of a safer alternative, the XRP20 coin.
While the XRP price has reversed from recent near-term highs, last trading at $0.62, investors have poured more than $1.84 million into the XRP20 stake-to-earn coin as a safer option for realizing consistent strong returns due to its advantages over XRP.
The run rate is accelerating into the second half of the presale as XRP20 closes in on its $3,680,000 hard cap target.
Adding to bullish XRP20 sentiment are crypto analysts on YouTube predicting 10x returns for early buyers of XRP20. With the presale tokens being snapped up quickly, there is no time to lose.
You can buy XRP20 for just $0.000092, 30x less than its all-time low price of $0.002802. Recall that XRP has pumped 220x from its all-time low to today’s price.
To avoid disappointment and to get all the latest presale news and listing dates, follow the project on X (formerly Twitter) and join its Telegram channel.
The XRP20 coin is not affiliated with XRP issuer Ripple Labs or its products. Instead, the new cryptocurrency leverages the ‘2.0 version’ trend while offering new possibilities through its stake-to-earn utility to reward token holders.
News of the appeal could dampen further price appreciation for XRP until the outcome of the court case is known.
The SEC’s appeal is unlikely to be heard before the first quarter of 2024, which means uncertainty could hang over the XRP price for the foreseeable future.
Also encouraging buyers is the welcome news that XRP20’s smart contract is fully audited by top blockchain security firm 0xguard.com. Most
Read more on cryptonews.com
