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The End of the XRP Year Curse? Expert Excited About Crypto's 250% Gain Many tokens have suffered heavy losses in 2024's volatile cryptocurrency market. In spite of all that has happened, Ripple's native coin, XRP, has been a rock of stability. Although it has not been completely spared from the market downturn, XRP has managed to keep its price reasonably stable, which has reduced losses and rekindled hope among investors and experts. Confidence Cultivates Bullish Attitude Although both Bitcoin and Ethereum have suffered heavy losses this year, XRP has shown to be very resilient. Among the many reasons for its stability is the fact that it is utility-driven. No matter how the market is doing, the altcoin's ability to make international payments easier and quicker will always be a desirable feature. The continued support for the cryptocurrency comes from Ripple's collaborations with banks and other financial organizations. The coin's recent success proves its fundamental value. If the token can maintain its value even in a down market, it might have a solid base from which to expand in the future. An Expert Says Bitcoin's Value Will Climb 240% Notable cryptocurrency expert Javon Marks has issued a daring forecast for XRP, adding gasoline to the already hot flames. Famously reliable forecaster Marks thinks the cryptocurrency is about to make a big break away from Bitcoin. Logarithmic scaling shows that $XRP / #BTC has broken out of a significant, almost year-long resistive trend, which may indicate a big bullish turnaround is about to occur. We have lately seen a major technological advancement for XRP, according to several observers. The coin has overcome a logarithmic resistance pattern that has persisted for a year, suggesting that a possible significant rally is about to occur. The current trend may cause XRP's value to skyrocket 243% relative to Bitcoin if it persists. #XRP #Ripple $XRP

3 Game-Changing Cryptos to Rise in 6 Months 🔥Solana: Circle's Web3 services development and Solana integration predict top layer-1 network growth. 🔥NULS: A configurable blockchain platform for decentralized app and corporate solution deployment. 🔥Ethereum: The cryptocurrency dropped considerably, giving DeFi bulls a buying chance. 💰Solana Leading altcoin Solana corrected recently. From $210 in Q1 2024 to $150 now, this cryptocurrency has fallen. Due to its technical foundations, several analysts believe Solana is a good investment despite the fall. 💰NULS Explore NULS, a customisable blockchain platform that simplifies decentralized application and business solution development. NULS is revolutionizing blockchain with its modular design and interoperability. Key Features: Modular Design: NULS' microservice-driven design makes modification and scalability straightforward, letting developers build solutions for many sectors. ChainFactory: This unique technology lets users easily construct blockchains, saving time and money. NerveNetwork: Connect blockchain networks and make data and asset transfers easier. Proof of Credit (PoC): NULS' unique consensus process promotes community engagement and network security. Efficiency: Fast deployment and simpler development decrease time-to-market and operating expenses. Cross-chain interoperability: NULS breaks down blockchain ecosystem boundaries to foster cooperation and innovation. Community-Driven: A robust, engaged community keeps the platform current. NULS, the next blockchain platform, empowers your company. 💰Ethereum Ethereum (ETH-USD) has the greatest cryptocurrency ecosystem and market value, but it hasn't outperformed Bitcoin (BTC-USD). The spot Ethereum ETF launch delay is important. According to Coinpedia, senior ETF Analyst Eric Balchunas suggested SEC clearance by July 2. The permission may attract hedge funds like Bitcoin earlier this year. #NULS #Solana #ETH $NULS $SOL

Move Over! Shibarium Invaded by 35 Billion Shiba Inus! Many people in the Shiba Inu community are feeling a range of emotions. The project's layer-2 blockchain, Shibarium, which has been under development for quite some time, is now starting to get some momentum thanks to a spike in transaction activity and a large transfer of tokens. Some "Shiba Millionaires" are left out in the cold, meanwhile, since the price of SHIB itself stays obstinately static. Shibarium Is Making Waves, But Will They Cause Prices to Climb? An important milestone for the Shiba Inu ecosystem has been reached with the transfer of 35 billion SHIB tokens to Shibarium. A more stable infrastructure, less costs, and quicker transactions are all on the docket for developers and consumers on this specialized network. This new information has the potential to revolutionize the Shiba Inu world by sparking creativity and drawing in new ventures. The community's trust in Shibarium is being seen here. The long-term goal is for a robust Shibarium ecosystem to lead to more demand for SHIB and a corresponding price rise. But getting prices back up would be a challenge. Recently, SHIB has been unable to break out of its $0.000017 range. Because of this same pricing and the current market slump, the number of Shiba Inu who have become billionaires has dropped dramatically. Data suggests that there has been a decline of more than 300 addresses owning more than one million SHIB tokens, which might indicate that some investors are losing faith. The End of the End for Shiba Eternity? Coming Soon: Innovative New Products Shiba Inu is being active. Shiba Eternity, a collectible card game with the cute Shiba dog as its symbol, is about to be released, which has brought a positive attitude to the community. The game has the ability to bring in new players and make money, which may be a huge boon for SHIB. A number of experts have said that Shiba Eternity is an excellent method of community engagement and the possible attraction of new investors. #SHIB $SHIB #altcoins

Next week, XRP might hit $0.50 again XRP's price was expected to reach $0.46 when further gains were made. If network traction falls, downswing may persist. XRP saw its biggest profit-generating on-chain transaction volumes since 26 May in the recent 24 hours. This was shown by transaction volume to loss. More transactions are in loss than profit when the reading is below 1. At press, the ratio was 2.016. For every loss, two gains were obtained. Price rise predicts profit-taking Price performance of XRP caused the rise. Charts showed the token at $0.48 on June 28. By press time, the token had plummeted to $0.47 again. Holders benefit from profit-taking, but the price does not. An increase in profits booked might stop a cryptocurrency's price from rising. The picture below shows that the price plummeted practically every time the metric increased. It may be the same this time. If so, the cryptocurrency may tumble below $0.46 in a few days. AMBCrypto also analyzed MVRV. The indicator also measures holders' profitability. It also assists spot price accumulation and distribution. XRP had a -5.45% 30-day ratio at press time. A negative ratio usually implies the average XRP holding loses. Thus, if all holders sell, the average return is -5.45%. The downturn continues. Good purchasing chances have occurred between -8.59% and -18.63%. Thus, the token price may fall before recovering. The $0.46 forecast appears likely. However, a larger cryptocurrency surge might invalidate it. The coin might return to $0.48 if this happens. XRP might reach $0.50 in a bullish situation. We examined the project's Network Growth. As its name indicates, Network Growth monitors network traction. Also measures token adoption. Network Growth rises when new addresses make their first transaction. The statistic drops when fresh addresses are few. At the time of writing, this statistic has fallen, suggesting low token use. Short-term aims are $0.46–$0.48. The altcoin may not reach $0.50 unless something terrible occurs. #XRP #Ripple $XRP

Significant victory for cryptocurrency secondary market sales as judge rejects portion of SEC lawsuit against Binance The SEC argued that BNB token secondary sales were securities, but US District Judge Amy Berman Jackson rejected their argument. The judge's decision allows the majority of the agency's case against Binance to go forward. To illustrate how the Howey Test takes into account the practicality of financial transactions, the judge referenced a decision from the Ripple case. On Saturday, Binance's native coin, BNB, traded at $571.40, a decrease of over 3% from its value last week. While dismissing a portion of the SEC's case against Binance, a US judge provided market participants more clarification about the secondary market transactions of digital assets. Binance Coin (BNB), the native token, is allegedly being sold on an exchange or in the secondary market as a security, according to the SEC's complaint. A major victory for cryptocurrency traders was announced when the presiding judge referenced a previous decision in the SEC vs. Ripple case. Most of the SEC's case against Binance can go forward On Friday, Judge Amy Berman Jackson rejected a portion of the SEC's case against Binance. The decision is a watershed moment for the cryptocurrency market, as it rules that Binance's BNB token secondary sales are not securities according to the Howey Test. Judge Analisa Torres ruled in the SEC vs. Ripple litigation that XRP sales on the secondary market do not meet the investment contract definition because they do not fulfill the Howey test. The SEC has been advocating the idea that cryptocurrency tokens are more akin to investment contracts than securities. Crypto traders may breathe a sigh of relief as Judge Jackson's decision, which finds that assets do not meet the Howey test and are hence not investment contracts, addresses the problem of cryptocurrencies being sold on the secondary market. #altcoins #Binance #Megadrop

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