The ongoing lawsuit between SEC and Ripple has the crypto community eagerly waiting for the outcome. As this unfolds, Stellar, Ripple’s XRP competitor, has been experiencing noteworthy gains on the charts. In addition, Big Eyes Coin, the newest meme coin, has recently announced the conclusion of its presale, along with a final offer for its community. Keep reading to learn more.
Updates on Ripple’s XRP and SEC Legal Battle
In December 2020, Ripple Labs was sued by the SEC for allegedly selling unregistered securities, which marked the beginning of XRP’s legal woes. Although Ripple Labs vehemently denies the allegations and argues that XRP is merely a digital asset operating on the Ripple ledger, the lawsuit’s outcome could have far-reaching consequences for both XRP and the broader cryptocurrency industry.
Despite the ongoing legal battle, there is still a positive outlook for XRP’s price prediction. As of the time of writing, it has increased by 0.79% in the last 24 hours. Many experts anticipate that if Ripple Labs emerges victorious in the lawsuit, XRP’s value could soar to unprecedented levels. Some even predict that it could reach $10 or more in the upcoming years. XRP’s ability to provide fast and dependable global money transfers, coupled with its lower carbon footprint, makes it an attractive investment opportunity for individual investors and financial institutions alike.
Stellar’s Market Sentiment Shifts to Bullish
In the world of cryptocurrency, XRP faces tough competition, particularly from Stellar Lumens (XLM). While XLM shares similarities with XRP in its aim to provide quick and dependable cross-border payments, it operates on a distinct ledger. The InvestorObserver’s Sentiment Score reveals that XLM has received a bullish rating for the past five days. However, despite this positive sentiment, XLM’s current position is delicate, with a $0.102 support level and a $0.105 resistance level. A decrease in momentum could potentially complicate its standing.
Big Eyes Coin Prepares For Its Launch
Big Eyes Coin, an up-and-coming meme coin, has garnered an impressive $33.5 million in presale, and it shows no signs of slowing down as it approaches its launch date.
The cat-themed meme coin, Big Eyes Coin, has announced the conclusion of its presale on June 3rd, but users can still take advantage of its user-centric scheme before then.
Big Eyes Coin offers a range of unique benefits, such as exemption from buying and selling taxes on all transactions and an 80% supply liquidity lock for two years after launch day, which sets it apart from other coins in the market.
One of the most enticing features of Big Eyes Coin is its Lootbox, where users can purchase these boxes to win rewards that are always equal to or greater than the price of the Lootbox itself. Additionally, the platform recently introduced a card collection that can be minted as NFTs, further adding to its value for users.
To provide one last opportunity for users to win before the launch, Big Eyes Coin is allowing its community to earn a 300% bonus on purchases of BIG or Lootboxes using the code END300. This is their way of giving back to their community and should not be missed.
Final Thoughts
Despite its ongoing legal battle with the SEC, XRP’s price prediction remains bullish, and many crypto experts believe it has the potential to reach new heights in the coming years.
XRP’s competitor, Stellar, has recently shown bullish trends but may falter if it fails to maintain its momentum.
The upcoming Big Eyes Coin has steadily gained popularity with its innovative, user-centric schemes, promising to deliver exciting prospects.
With its current strategy, it is evident that Big Eyes Coin is poised for success in the market and should not be overlooked as a potential investment opportunity.
Find out more about Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL