The crypto community is abuzz following Ripple’s (XRP) landmark victory over the SEC in a long-drawn legal battle since 2020. The fintech company was hit with a $125 million civil penalty for selling XRP tokens to institutional investors, a small fraction of the initial $2 billion penalty.
With crypto’s regulatory landscape becoming even clearer, a precedent has been set, which is a big win for the industry. On the market side, dogwifhat (WIF) resumes its upswing after the recent scare. It is poised to outperform other top memes, placing it on the list of altcoins to watch.
Meanwhile, DTX Exchange (DTX), a hybrid protocol, gears up to reshape the $10 billion global trading market. Its fascinating blend of TradFi and DeFi births a hybrid model that allows trading diverse asset classes, making it a new altcoin to keep on the radar.
DTX Exchange (DTX): Reshaping the Trading Market With Blockchain
DTX Exchange (DTX), a novel trading platform that combines the best of CEX and DEX, sparks excitement in the crypto world. Its appeal revolves around its novelty—a different approach to trading. There has been quite a keen show of interest in the presale as a result, soaring past $1.2 million in early funding.
Besides allowing the trading of thousands of asset classes across crypto, stocks, bonds and commodities, users will also enjoy up to 1,000x leverage on select assets. The cherry on top is the absence of KYC requirements, which address issues regarding privacy and security. Other challenges it aims to address include financial exclusion, high fees, hidden costs and counterparty risks.
The ongoing presale is in round 2 and selling out rapidly amid huge interest. A token is priced at $0.04, which industry experts tip for a 40x rally after its market debut. This will see it likely surpass XRP and dogwifhat in gains, making it a more compelling investment option.
Ripple (XRP): Not a Security
Ripple (XRP), a top altcoin, was recently vindicated following Judge Analisa Torres’ ruling. The Ripple-SEC battle has raged since 2020 after the Wall Street regulator accused XRP of being a security—the beginning of its bearish woes.
Four years later, the case has finally been wrapped up. In recent Ripple news, the fintech company was hit with a $125 million civil penalty for XRP sales to institutional investors without registering it as a security. Meanwhile, according to the ruling, its sale to investors on crypto exchanges doesn’t constitute a security.
This ruling gives much-needed clarity to crypto’s regulatory landscape. As expected, the XRP price soared, propelled by the end of the XRP lawsuit. A bullish price prediction suggests a rally past $1 before the year’s end, putting it on the list of good cryptos to buy.
dogwifhat (WIF): Eyes on $3
dogwifhat (WIF), the leading Solana memecoin, is back on the upside. Its memetic appeal revolves around a Shiba Inu with a knitted hat, which has been promptly embraced in the crypto space. Despite its shaky start to August, momentum seems to be back.
After losing the $2 support following an overall market downturn, dogwifhat coin resumes its upward charge. It is set to outclass other top memecoins and narratives like celebrity or president meme tokens, making it a horse worth betting on.
A dogwifhat price prediction suggests a jump past $3 before the month’s end. Given its stellar record this year, marked by several price discoveries, it is a promising wave not to miss out on. This explains why savvy investors have been doubling down and bidding high.
Conclusion
The Ripple and SEC lawsuit wraps up, proving to be a catalyst for a price jump. dogwifhat also resumes its uptrend, with DTX Exchange gearing up to transform the global trading market. This new altcoin is poised to experience a tidal wave of adoption, making it one to watch out for. Hence, we recommend becoming an early adopter.
Visit the official DTX Exchange (DTX) website for the latest updates and information.
