The last couple of months has brought a lot of good news for XRP – not only has the price increased by over 40%, but the SEC trial is going in a great direction for Ripple holders. While the last couple of days haven’t been as kind on the crypto market and caused another drop, this could be just a temporary setback seeing that we can finally see a light at the end of the lawsuit tunnel.
Speculative investors are all over the asset now, but only one side of the spectrum will end up with profits in their pockets. Will XRP pump to $1 (and beyond) and potentially surpass the hot run coins like Dash2Trade (D2T), IMPT.io (IMPT), Calvaria (RIA), and Tamadoge (TAMA) are having, or will it tumble and lose the SEC trial?
XRP Price Prediction – What Will Ripple’s Post-SEC Future Look Like?
In December 2020, the SEC filed a lawsuit against Ripple because, allegedly, Ripple sold “unregistered securities” and raised $1.3 billion illegally. Not only that, but the SEC charged the top executives (Christian Larsen and Brad Garlinghouse), citing that they made $600 million in personal gains during this alleged sale. One of the SEC’s main points was that XRP shouldn’t be considered a cryptocurrency. Instead, it should be a security under their purview. If the SEC were to win this case, there’d be a very unpleasant legal precedent for the entire crypto market, which is why investors and shareholders have been following the trial very closely for years now.
The last couple of months have been going in Ripple’s favor and one of the latest news is that the US District Court Judge Analisa Torres overruled the SEC’s objections to providing emails sent by William Hinman (former Finance Division Director). Apparently, these emails were written by Hinman and are related to a 2018 speech where he mentioned how Ethereum wasn’t a security. This is something that directly contradicts SEC’s current claims. At the same time, the behavior of XRP holders has also been interesting and at the time of writing there are currently 1.07 million addresses that hold at least $100 in XRP. This is near XRP’s November 2021 all-time high of 1.14 million. While speculative interest is certainly one of the main drivers, it has a lot to do with product adoption as well.
In October, Ripple announced that Lemony (French payment firm) was its latest liquidity customer. Apparently, Lemony will use RippleNet and XRP to leverage cryptocurrency payments and streamline its own treasury process. Taking all this into consideration, XRP does have a chance to reach the $1 target by the end of 2022 (currently hovering around the $0.41 mark). However, if the SEC trial goes in Ripple’s favor, the price will be much higher than $1 – some experts suggest that it could even reach $5. With all this going on in the background investors can be forgiven for havering wandering eyes. Lets take a look at some of other coins we think may well outperform XRP no matter the result of the case.
Dash2Trade – Trading platform coin that gives its investors the edge over the market
Dash 2 Trade is one of the coins that many experts are tipping to have a great 2023 and beyond and it is one we feel could out perform XRP going forward. The trading platform coin is already on stage 3 of its presale and has recently surpassed $6 million raised. Clearly investors are interested.
What we really like about Dash 2 Trade is their commitment to giving their users the best possible information to trade. The most unique aspect that we love is that they take social sentiment into account when creating strategies for their investors. Crypto more than any other investment opportunity can be swung so much by hunches and leans.
People get a sniff of some or bad press surrounding a coin and they are either diving in or running for the hills. providing their users with this information along with trading strategies and giving access to presales and the newest coins are some of the reasons we’re expecting big things for Dash2Trade.
IMPT – The Eco-Friendly Crypto That’s Selling Like Crazy during the Ongoing Presale
IMPT is a new crypto ecosystem that helps individual users and big corporations make a difference in the world by reducing the emission of carbon footprints. The main feature is carbon credit tokenization – users can buy/sell/trade carbon credits that are in form of NFTs. When users destroy carbon credits, they remove them from circulation as they’re distributed to null addresses. With a distributed layer incorporated, there’s practically zero chance of fraud. Then, once the carbon credit is retired, the users are rewarded with unique NFTs, created by some famous names in the art industry.
There are dozens of influential brands that have shown their support for IMPT, including Microsoft, Apple, Adidas, Hugo Boss, etc. By 2025, the platform plans on partnering up with 10,000 brands. The presale for IMPT tokens began a few weeks ago and it has already hit over $12 million in funding, which only goes to show that quality tokens are always in demand. At the time of writing the IMPT tokens are currently priced at $0.023 and will increase as the pre sale goes through its various stages.
Calvaria – Tipped to be the biggest P2E game of 2023
Calvaria: Duels of eternity is the hot new gaming token on the market and if presale figures are anything to go buy it has a bright future ahead of it as we head towards 2023. Presale has been a blur so far as the coin is already at stage 4 and has surpassed the $1.6 million raised mark. This is great news for founders and investors alike, but it also means the price of the coin is steadily going up so potential investors need to get moving if they want to get the best value.
We think there are two reasons Calvaria is being tipped to be the biggest P2E gaming token of 2023 and beyond. The first is the way the game differentiates between in-game currency. Obviously you can use the games tokens (RIA) to play the game and you can buy cool thing like in game NFT trading cards among other thing. The game however, also has a currency you can earn the more you play and better you are (eRIA) which can be exchanged for RIA the real currency.
Once you earn this it is yours and can’t be taken away so you can watch the value of your coin grows as you play the game. The second aspect is the founders have allowed a free to play option. This is great cause it shows the quality of the game and allows players to test it out without having to commit fully. You can see why the presale has been such a success so far.
Tamadoge – On course to Dethrone SHIBA and DOGE
Tamadoge is a P2E meme crypto asset that has its own Metaverse (Tamaverse) and a built-in NFT store within it. Unlike Dogecoin, Shiba Inu, and most other meme coins, Tamadoge comes with real-world utility and advanced tokenization. We’ve already seen Tamadoge make headlines with its presale where it raised $19 million weeks before the initial target date and in the middle of a crypto winter. Just a few days after it went viral, Tamadoge landed an OKX IEO listing which eventually led to 2,000% profits on the very first listing day. Next came listings on BitMart, LBank, and MEXC – all of which contributed to additional gains and led the project to surpass the $0.1 mark. TAMA tokens now stand at a price of $0.004, but analysts are suggesting that it will surpass $0.1 again in no time.
Tamadoge’s main feature is the P2E game that revolves around breeding NFT digital pets. Players need to take care of their pets and learn how to use their powers to compete in battles. Those who win battles and complete missions are awarded with Dogepoints and can later win prizes from the Dogepool. The AR (augmented reality) app is expected to come out in Q4 2022, which will allow players to take care of pets even when they’re on the move. With so many advanced features and unique traits, everyone is certain that Tamadoge will eventually dethrone Dogecoin and Shiba Inu to become the leader of meme coins.
Some are betting that it will collapse, while others are certain that huge profits will come once the SEC trial ends. Either way, one side of the spectrum will end up rich with XRP speculative trading. While the sentiment around XRP is currently positive and the token is set to surpass the $0.5 mark soon, we can’t really expect any huge profit to come by the end of the year. The trial will surely last for a couple of more months and until it ends, it will take a miracle for XRP to explode in value. If you’re looking for projects that have the potential to bring huge gains by the end of the year, you should check out Dash 2 Trade, IMPT, Calvaria and Tamadoge.