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$DOGE #Dogecoin's price is skyrocketing, and it's all thanks to Elon Musk's influence! With Musk backing Donald Trump's presidential campaign, experts predict a massive 11,486% surge to $23 per coin . This isn't Musk's first rodeo with Dogecoin; he's been a fan since 2019, even calling it his favorite cryptocurrency on Twitter.The Trump-Musk alliance has crypto analysts abuzz. Justin Spittler, Chief Trader at RiskHedge, wondered if Dogecoin is "the ultimate Trump Victory trade?" Meanwhile, crypto analyst Ali Martinez thinks Musk's influence could push Dogecoin past the 0.50 Fibonacci retracement level, potentially reaching $4 to $23. Key Factors Driving the Surge: 💡Musk's Influence: Elon Musk's vocal support for Dogecoin and Trump's campaign. 💡Trump's Crypto-Friendly Stance: Trump's promises to replace SEC Chair Gary Gensler with a more crypto-friendly regulator. 💡Market Optimism: Widespread expectations that Trump will follow through on his crypto-friendly promises ⚠️Remember, investing in cryptoassets comes with significant financial risk. However, with Musk's backing and Trump's crypto-friendly stance, Dogecoin's future looks bright!
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$XRP HODLER let's wait and see. The SEC vs. #Ripple case is heating up, and rumors suggest it might be dropped if Donald Trump wins the election. Trump's victory could lead to #SEC Chair Gary Gensler's removal, significantly altering the case's trajectory . If Gensler is removed, the new SEC leadership might reassess the case, potentially leading to a voluntary dismissal. However, this outcome is uncertain and depends on various factors, including the incoming Commissioner's stance on crypto. Possible Outcomes: 💡 Case Dismissal: The SEC might withdraw its appeal, ending the case. 💡Continued Litigation: The SEC could proceed with the appeal, regardless of Gensler's removal. 💡New Developments: The case might take a new direction, depending on the incoming Commissioner's policies. Keep in mind that these scenarios are speculative and subject to change. The crypto market is known for its volatility, and the outcome of the SEC vs. Ripple case will likely impact $XRP's price.
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The $XRP vs #SEC appeals process is expected to last until mid-2025, with: 1. SEC's brief due around Jan 2025 2. Ripple's response and cross-appeal to follow 3. Appeals process to conclude by Jul 2025 4. Second Circuit ruling anticipated around Mar-Apr 2026 Please note that these dates are subject to change.
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$XRP #Ripple The U.S. Court of Appeals for the Second Circuit issued a default notice to Ripple's legal team for failing to submit the Acknowledgment and Notice of Appearance form by the due date of October 18, Ripple faces potential setback in SEC case due to missed filing deadline, risking further penalties or restrictions. Ripple's failure to meet a filing deadline may hinder its defense in the ongoing lawsuit with the SEC, which is appealing a favorable ruling for Ripple. This procedural mistake could lead to additional consequences, including increased penalties or operational limitations.
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$XRP #Ripple The SEC has filed an appeal against the recent court ruling in the Ripple case⁴. This appeal challenges the decision that Ripple's programmatic sales of XRP to retail investors did not violate securities laws, although the court did find that Ripple's direct sales to institutional investors did For XRP investors, this appeal introduces a layer of uncertainty. Here are a few potential impacts: 1. Market Volatility: The appeal could lead to increased volatility in XRP's price as investors react to the ongoing legal developments. 2. Regulatory Clarity: The outcome of the appeal might provide further clarity on how XRP and similar cryptocurrencies are regulated in the U.S., which could influence market sentiment. 3. Exchange Listings: Some exchanges might reconsider their decision to list or delist XRP based on the progress and outcome of the appeal. Overall, while the appeal process unfolds, it's important for investors to stay informed and consider the potential risks and opportunities associated with XRP. The timeline for the SEC's appeal process in the Ripple case can be quite variable. Generally, the appeal process in federal courts can take several months to over a year, depending on various factors such as the court's schedule, the complexity of the case, and the time needed for both parties to prepare their arguments.Here are some key stages in the appeal process: 1. Notice of Appeal: The SEC has already filed this, initiating the appeal. 2. Briefing Schedule: Both parties will submit written briefs outlining their arguments. This can take several months. 3. Oral Arguments: The court may schedule a hearing for oral arguments, which could add additional time. 4. Decision: After reviewing the briefs and hearing arguments, the appellate court will issue its decision. This can take several more months.Given these stages, it’s difficult to predict an exact timeline, but it’s safe to say that the process will likely extend into 2025.
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