As the crypto market continues its rollercoaster journey in 2024, many coins have seen dramatic shifts in price and sentiment. Ripple (XRP) and Mpeppe (MPEPE) are two such cryptocurrencies that have recently caught the eye of investors. While XRP is embroiled in an ongoing battle with the SEC, Mpeppe, a meme coin in its presale stages, has been making waves in the market.
Despite the current market challenges, these two coins have the potential to deliver massive gains by the end of September 2024. Here are three reasons why XRP and Mpeppe (MPEPE) could see a 100x growth.
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Ripple’s SEC Appeal To Judge and Its Impact on XRP
Ripple (XRP) has been in the spotlight for several years due to its legal battles with the U.S. Securities and Exchange Commission (SEC). In recent months, Ripple had seemingly reached a settlement, agreeing to pay a $125 million fine. However, a last-minute twist occurred on September 4, 2024, when Ripple filed a request for amendments to the settlement. This unexpected move has left investors wondering about Ripple’s future and hedge their portfolios with other crypto’s such as Meppe (MPEPE).
Despite the legal uncertainty, XRP has managed to hold onto some key support levels, such as 54 cents, but it faces significant resistance ahead. Analysts believe that if XRP can overcome its current bearish momentum and break through the 50-cent support, the token could rally. A successful outcome in the SEC appeal could act as a massive catalyst for XRP, pushing it towards new highs before the end of 2024.
Moreover, Ripple (XRP) continues to innovate with the upcoming launch of its stablecoin, RLUSD, which could further strengthen its market position. With the legal battles potentially behind it and new products on the horizon, XRP has the potential to experience a significant rally in the coming months.
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Mpeppe (MPEPE) Presale Gains Explosive Momentum
While Ripple (XRP) is dealing with legal hurdles, Mpeppe (MPEPE) is capturing the attention of investors through its presale stages. Mpeppe is currently in Stage 4 of its presale, with 66% of the tokens already sold. The total amount raised so far is over $1.9 million, with 1.58 billion tokens sold. As the presale nears completion, Mpeppe (MPEPE) has been making waves due to its meme-driven community and potential for explosive growth.
The current price of 1 MPEPE token is 0.0021 USDT,…
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