On September 29, Ripple, the firm that created the XRP token, will throw a sizable celebration in New York City to commemorate its partial victory over the US SEC. Some Twitter users have suggested that the occasion would be used to disclose a deal with the US securities regulator or unveil Ripple’s intention to file for an IPO. More than 40% of the 3,600 respondents in a Twitter user’s survey who conducted it think an IPO is imminent. XRP’s price may grow as a result of an IPO, according to analysts, with some projecting a rise above $10. Other analysts, however, have offered more cautious projections, with one claiming that XRP may hit $2 if it closes a monthly
Other news includes the announcement by the Shiba Inu team that it will abandon the BONE contract and give up ownership of the governance token for the decentralized exchange ShibaSwap. Due to this event, the price of BONE shot up to a two-week high of $0.92 before modestly retracing to hover at $0.86. Shiba Hub is an emerging programme that intends to strengthen the Shiba Inu community through sharing, connectivity, and innovative initiatives, according to Shibarium’s Marketing Strategist, LUCIE.