Ripple is one of the oldest digital assets but remains relevant in the ever-changing cryptocurrency market. The latest Ripple (XRP) news that it beat the SEC lawsuit and managed to get listed on Coinbase Pro has sparked investors’ interest.
But is Ripple the best crypto asset to buy, or should retail traders look for other alternatives? Experts highlight that one meme token could outgrow Ripple’s gains with a stunning 900% price surge in the following months.
A New Chapter in Ripple’s (XRP) Journey
Ripple has always been one of the most controversial cryptocurrencies on the market. From claims that it was too centralized to being “anti-crypto”, Ripple has polarized the crypto community. However, despite the opposing views, no one expected Ripple to end up in a legal battle against the US Securities and Exchange Commission (SEC).
The SEC filed a lawsuit against Ripple, claiming that XRP was an unregistered security. This caused major exchanges like Coinbase to delist XRP from their platform, resulting in a significant price drop for the digital asset.
Well, Ripple fought back and secured a victory against the SEC, with the Supreme Court ruling that XRP was not a security token. This landmark victory unleashed XRP from the shackles as it surged by more than 80% to hit a 16-month high of $0.95.
But where is Ripple (XRP) heading next? Many experts believe the post-court pump is just the start of a more significant price surge in the coming months. They note that XRP is one of the only cryptocurrencies that is 100% legal and has a clear path for adoption in the traditional financial system.
There are now growing rumors that XRP will be the next asset to get a spot ETF from Blackrock. A picture recently emerged on Twitter that seemed to show an iShares XRP ETF application. While the consensus is that this image is likely fake, it started a discussion on the potential impact of a Ripple ETF.
Which Meme Token is Likely to Experience a 900% Growth?
Meme Moguls (MGLS) is one of the newest meme tokens to enter the market, and early signs suggest it could be the next big thing. The project is building a meme-based stock exchange where users can channel their inner Musk by trading meme stocks for profit.
Meme Moguls will be a four-pronged platform, with the Moguls Casino, the Moguls Exchange Trading Platform, Mogul Land, and the Meme Moguls Fantasy Trader. The Mogul Land metaverse is the most exciting feature, allowing users to connect in a virtual land filled with earning possibilities.
Community is at the heart of Meme Moguls. The platform is designed to be an open and inclusive space for meme enthusiasts to connect, collaborate, and profit. There is no room for elitism or gatekeeping, and all MGLS token holders get a say in how the project evolves.
The platform’s competitive aspects further enhance this sense of community, like the Wealth Leaderboard and the Meme Moguls Fantasy Trader. These features motivate users to refine their trading abilities, compete with peers, and earn recognition within the community.
The native currency of Meme Moguls is the MGLS token, which will be used for all transactions on the platform. Holding MGLS grants the right to earn passive income from the Meme Moguls liquidity pool, with rewards proportionate to the amount of MGLS held.
The MGLS token is already selling for $0.0019 during the Meme Moguls presale event. This is a chance to acquire tokens at the lowest-ever price before the platform launches and price discovery begins. Some experts predict a 900% growth for the MGLS token as demand grows during each phase of the project’s launch. To incentivize investors, at the end of each presale stage, the team will be giving away $10,000 to one investor.
So, while XRP may be leading the news headlines now, keep an eye out for Meme Moguls and the MGLS token. The presale is an opportunity to jump on board early before it hits the mainstream and potentially see a significant return on investment.