XRP Price Jumps 8% Amid SEC Settlement Optimism, Experts Recommend Capitalizing on Guaranteed 1300% Profit from This New Coin

The post XRP Price Jumps 8% Amid SEC Settlement Optimism, Experts Recommend Capitalizing on Guaranteed 1300% Profit from This New Coin appeared first on Coinpedia Fintech News

Ripple’s XRP has been making headlines recently due to its ongoing case against the U.S. Securities and Exchange Commission (SEC), reaching a critical juncture. The asset has surged 8% in the last 24 hours as the likelihood of a settlement increases. Meanwhile, market watchers have identified another undervalued asset within the meme coin sector that promises substantial returns by Q4 2024. MoonTaurus (MNTR), a new presale meme coin, has quickly taken the spotlight, raising over $160,000 just days after the presale started. By the end of this campaign, early MNTR investors are guaranteed a 13x return

XRP Price Jumps 8% Amid SEC Settlement Optimism

After more than three and a half years of legal battles, the SEC vs. Ripple case might finally be nearing its end. In December 2020, the U.S. Securities and Exchange Commission (SEC) sued Ripple for the unauthorized selling of securities, specifically the XRP token. This lawsuit significantly impacted XRP’s price, preventing the asset from reaching its 2018 high during the 2021 bull run.

In June 2023, Ripple secured a partial victory when the court ruled that XRP was not a security. However, uncertainty lingered, with some speculating that the SEC might appeal the decision. Recently, the regulator backed down on its request to classify Solana (SOL), Cardano (ADA), and Polygon (MATIC) as securities in a lawsuit against Binance. This move has fueled optimism that the SEC might not pursue an appeal in the Ripple case as well. Additionally, the SEC is set to have a closed meeting on Thursday, August 1, further fueling speculation about a potential settlement.

XRP closed July with a 31.09% gain, recently revisiting the $0.65 zone for the first time since March. Despite a slight retracement to $0.62, the asset is still up 8% in the last 24 hours. A settlement would be a significant win for XRP, potentially driving its value to $1, a level it hasn’t seen since December 2021.

Experts Recommend MNTR’s 1300% Guaranteed Returns

MoonTaurus (MNTR) is gaining traction among investors and market analysts, with a guaranteed 1300% profit by Q4 2024. The project’s 10-stage presale campaign is structured to increase the token price at each stage, starting at $0.005 in the opening phase. As the presale progresses, the price will double to $0.01 in stage 2, eventually reaching $0.07 at launch. This pricing model provides early investors with a 13x return on investment, making MNTR a popular investment choice. 

Market experts have expressed optimism about MoonTaurus (MNTR), urging investors to get in early while the project is still undervalued. However, this window of opportunity may be closing fast. The presale is already more than 50% complete in its first stage, having surpassed the $150,000 milestone ahead of schedule. This rapid progress is largely due to the team’s extensive marketing campaign, which was designed to increase the project’s visibility. The campaign is set to expand further, featuring influential figures from both inside and outside the crypto industry, including artists, which is expected to draw even more attention to MoonTaurus. A large and active community lends strong support and sustainability to the project, amplifying the network effect and increasing the coin’s value. 

According to the project’s roadmap, MoonTaurus aims to reach a billion-dollar market cap, establishing itself as a top player in the meme coin sector. 

To thank its rapidly growing community, MoonTaurus has launched a $100,000 giveaway where 10 lucky winners will be chosen to complete simple tasks, including following the project on social media. The giveaway not only rewards early supporters but also contributes to the project’s overall momentum and interest.

XRP has caused excitement among investors as its long-standing legal battle with the SEC seemingly draws to a close. The asset has surged 8% in the last 24 hours, contributing to a broader 31% gain in July. As XRP garners attention, analysts have highlighted MoonTaurus as a top buy in the meme coin sector, citing a guaranteed 1300% return after presale. The meme coin has launched an extensive campaign to become the next billion-dollar meme coin. Given its rapid presale success and ambitious roadmap, experts believe now is the best time to invest in MNTR before it explodes at launch. 

Website: https://moontaurus.com/

Linktree: https://linktr.ee/moontaurus