SEC Contests Ripple Victory, but XRP Is Set to Soar
After the July 13 decision, the Ripple (XRP) gang believed they had defeated the SEC decisively. However, only a few weeks later, the regulator submitted an appeal to contest the judge’s decision.
The SEC’s enchantment, according to David Schwartz, chief technical officer of Ripple, was “fully incoherent.” XRP may still be bullish, demonstrating a historic development, despite what many have perceived as a negative development.
The purchasing and selling volume has increased by more than 80% right now, confirming an earlier positive development for Ripple. The fact that XRP has finally reclaimed the 20-day and 50-day SMAs (easy transferring averages) in relation to Bitcoin (BTC) supports this.
The last time XRP traded above this level, in late 2017, Ripple’s value increased by more than 15,400%. A magnitude of this sort might cause the price of XRP to increase from its current value of $0.6339 to a new high of $98.
Pomerdoge (POMD) Data Has a Great Pre-Sale Success
Pomerdoge (POMD) is another cryptocurrency that has shown a tonne of promise in the bad market. The presale of Pomerdoge has surpassed previous records, defying the adverse trends within the cryptocurrency market.
More than 98 million of Pomerdoge’s native POMD tokens have been purchased in the past two weeks. The team has so far raised more than $791,000, putting the mission on track to reach its target of raising $2.28 million through this presale.
Pomerdoge (POMD) Data Has a Very Successful Pre-Sale
Another cryptocurrency that has showed a tonne of promise in the difficult market is Pomerdoge (POMD). In defiance of the market’s negative trends, the Pomerdoge presale broke past marks.
In the previous two weeks, more than 98 million of Pomerdoge’s native POMD tokens have been bought. With more than $791,000 raised so far, the team is on course to meet its goal of raising $2.28 million through this presale.
The sport is quickly moving up the rankings with a weekly big POMD prize of $50,000 up for grabs. To join the competitors, each group member must keep their POMD token, which is the ecosystem’s native token.