• XRP rallied by more than 70% on Thursday following favorable ruling in Ripple’s legal case against the US Securities and Exchange Commission (SEC).
• Shiba Memu’s presale nears $800k as more investors enter the market.
• XLM, BTC, ETH, Solana, and Polygon also recorded excellent gains over the last 24 hours.
XRP Rallies Following Favorable Court Ruling
XRP, the native coin of the Ripple ecosystem, rallied by more than 70% on Thursday following a favorable ruling in Ripple’s legal case against the US Securities and Exchange Commission (SEC). The U.S. District Court of the Southern District of New York ruled that the sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts. However, it was noted that institutional sales did violate federal securities laws.
Shiba Memu’s Presale Nears $800k
The cryptocurrency market has been extremely bullish over the past 24 hours and this has been reflected in Shiba Memu’s presale performance which is now set to reach $800k as more investors enter the market. Shiba Memu is a cryptocurrency token combining AI and blockchain technology to create an unstoppable self-sufficient marketing powerhouse. With Shiba Memu being able to do the work of 100 marketing agencies but with an AI-based platform actively finding better creative advertising solutions, it is not surprising investors are taking interest in this project.
Other Cryptocurrencies Also Record Gains
Following Ripple’s announcement XLM soared by more than 50%. BTC, ETH, Solana and Polygon also all recorded excellent gains over the last 24 hours as investor confidence returned to crypto markets after positive news for XRP holders.
Why Are Investors Interested In Shiba Memu?
Shiba Memu offers many advantages that make it attractive to investors including its ability to combine AI with blockchain technology to create a powerful marketing tool capable of doing far more than any human could ever hope for. Additionally, its active AI platform allows it to continuously improve its own capabilities thus making it a great long-term investment opportunity for those looking for a reliable project with potential for growth into bigger things in future years.
Conclusion
Overall it appears that cryptocurrencies have had a good day following positive news from the court ruling regarding Ripple’s legal battle with SEC which saw XRP rally by over 70%. Other currencies have also seen significant increases due to renewed investor confidence whilst Shiba Memu continues to attract new interest as its presale nears $800k mark – showing just how popular this project is becoming amongst crypto enthusiasts around the world!