XRP investors faced substantial losses after Ripple was sued by the SEC for offering unregistered securities in December 2020. The lawsuit resulted in a significant drop in XRP's value, leaving investors with financial setbacks. XRP investors are still grappling with the aftermath, struggling to recover from their losses. Since there is still no verdict, many investors are buying promising coins instead.
The legal case between Ripple and SEC entered its third year, and people are getting impatient. Earlier this year, in March, the price of XRP pumped 30% when it looked like the lawsuit could finally be finalized. However, after Gary Gensler, the SEC Chair, refused to respond if he believed XRP was a security or not, it was obvious that the case won't end easily.
There have been discussions about filing a civil lawsuit against the SEC, hoping to push things in the right direction. However, according to Marc Fagel, former director of SEC's division located in San Francisco, that would be a losing case. Getting such a response is now pushing the investors to turn to more promising cryptos such as:
Let's dig a little deeper into the reasons why these cryptos are the most wanted now!
In the midst of market uncertainty, Wall Street Memes (WSM) managed to raise over $10 million through its presale, which instantly signals that this project is worth investing in now. This accomplishment highlights the project's potential and the strong backing it enjoys from its community, boasting a million followers across various social media platforms.
Developed by the creators of the popular Wall St Bulls NFT collection, which sold out within 32 minutes from its launch, the team's understanding of crypto trends has grown stronger. If you wish to invest in the most popular meme coin on the market, get your portion of WSM tokens now!
Chimpzee is a standout project that combines excitement, profitability, and support for environmental and animal causes. Besides being in its presale phase, the project also runs a tree-planting campaign making sure everyone is working on the cause they believe in right from the start.
But that's not all, as Chimpzee offers users multiple avenues for passive income. Introducing three earning methods: Shop-to-Earn, Trade-to-Earn, and Play-to-Earn, users can actively contribute to the project's mission while earning rewards. Don't miss out on the opportunity to acquire the project's native token, CHMPZ, and be part of Chimpzee's mission!
In a highly unpredictable market, the yPredict platform stands out by offering a wide array of trading tools, and AI-driven features such as pattern recognition alerts, transaction data analysis, and sentiment analysis.
The platform offers three membership tiers (free, active, and pro), with YPRED tokens serving as the payment method. Each tier grants access to different levels of features. Secure your YPRED tokens before the presale concludes if you wish to take your investing journey to the next level!
Launchpad XYZ is a highly useful platform empowering crypto traders with essential data and tools to boost efficiency and profitability in the Web3 world. The platform offers a range of analytical insights, a decentralized exchange, an NFT marketplace, fractionalized assets, and a trading terminal, covering all user needs.
Launchpad XYZ aims to be a convenient one-stop solution with a focus on simplifying the user experience and driving mass adoption. To unlock these features, secure your portion of the native token, LPX, before it's too late!
With the realization of its immense potential, artificial intelligence has made its way into the crypto market through AiDoge. Built on the Ethereum blockchain, AiDoge offers a secure and transparent platform for creating high-quality and unique memes.
Rewards await creators of the best memes, while the user-friendly nature of the platform makes it ideal for beginners starting their investment journey in meme coins. The native token of this platform, $Al, can now be found on MEXC and Uniswap, so you better get it before its price pumps!
DeeLance brings the decentralized revolution to the freelance world, providing a superior alternative to conventional platforms. Employing blockchain technology ensures transparent recording of employer-employee interactions, fostering trust and accountability.
Moreover, DeeLance offers freelancers the chance to convert their work into non-fungible tokens (NFTs), protecting their ownership. Through the platform's NFT marketplace, users can easily mint and transfer ownership of their NFTs without copyright concerns. Don't miss out on the opportunity to explore all the features available by acquiring DLANCE tokens!
EcoTerra is an innovative green initiative that focuses on educating people about simple ways to protect and benefit the planet. EcoTerra rewards individuals with ECOTERRA tokens emphasizing the significance of recycling.
The platform ensures an easy and transparent process through blockchain technology, allowing users to track their efforts via a dedicated app. Secure your ECOTERRA tokens if you wish to join the environmental cause and reap the benefits!
Pikamoon is an upcoming metaverse project that offers players an immersive photo-realistic world where they can capture monsters and engage them in battles.
Drawing inspiration from Pokemon Red and Pokemon Sapphire, Pikamoon aims to create a game accessible to both new and seasoned players.
To sum up, there seems to be optimism for a resolution in 2023 regarding the SEC lawsuit against Ripple. However, since there are still no concrete results, exploring alternative investment options may present better prospects for those seeking potential gains. WSM, CHMPZ, YPRED, LPX, $AI, DLANCE, ECOTERRA, and PIKA are the most promising cryptos on the market now that can bring significant gains in the near future. This means that there is no time to waste, so make sure you make the most of it!
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.