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On September 16, at 11.20 a.m. EST, XRP traded at $0.4993. A trading volume of around $626.82 billion represents an increase of around 2% over the past 24 hours.
This lawsuit will, however, continue to buffer the price action in the short term. Back in July, XRP was found not to be a security by a district judge, although the SEC has appealed the ruling, and a decision on whether to grant it has yet to be made.
XRP last traded for $0.50 per token after failing to push above its 30 and 200-day MAs.
The road to resistance in the $0.56 area will likely open up if XRP can break above this resistance zone. This quarter has a high probability of quick gains of over 10%.
Promising Alternative to XRP
WSM (Wall Street Memes) has emerged as one of the most noteworthy memecoin presales in 2023. So far, it has raised over $26 million from its presale. The project will launch on a centralized exchange in ten days, backed by a million-member community. It is anticipated that the launch will yield substantial benefits.
Wall Street Memes: $26M Presale Success and Q3 2023 CEX Launch
Achieving $26 million in presale funding for a new memecoin project that has yet to debut on decentralized exchanges is almost unprecedented. Thus, Wall Street Memes is establishing itself as a leading contender for the most significant coin CEX launch of Q3 2023.
The Wall Street betting community epitomizes anti-bank sentiment. WSM wants to make sentiment a tangible asset. This project aims to tokenize the anti-bank movement and redefine digital value.
Additionally, the 30% bonus for presale participants during the initial listing shows that investors could make substantial gains with WSM.
The WSM presale showed enthusiasm for this meme coin, with a crypto whale investing $1 million. The whale’s address sent 460 ETH valued at $840,000 in five transactions in six minutes. The mystery crypto whale had invested another 93 ETH two weeks earlier, bringing his total investment in WSM to $1 million. The substantial purchases show Wall Street Memes’ potential for a great return on investment.
This token offers an astonishing 282% Annual Percentage Yield (APY), making long-term holding an attractive prospect.
https://twitter.com/baystmemes/status/1702706404866273564
Wall Street Bets NFT continues to thrive based on the success of the Wall Street Bets collection. Make sure you get a piece of the next skyrocketing meme token.
Related:
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- Should I Buy XRP Now – 8 Reasons You Should Invest in Ripple in 2023
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