Following a lull during the summer months, crypto experts are now predicting a strong market rally in the final quarter of 2024. XRP, PEPE, and MoonTaurus (MNTR) have been identified as potential top performers. However, MNTR is receiving particularly bullish predictions and is set to outperform both XRP and PEPE. This bullish outlook can be attributed to several factors, including MNTR’s status as a new market entrant, which provides it with more room for growth compared to its established rivals.
XRP Bags New Win Against the SEC
After years of court battles, the SEC vs. Ripple case seems to have concluded, with Ripple emerging victorious. On August 7, 2024, the court ruled that Ripple Labs was guilty of securities law violations concerning its institutional XRP sales. However, it distinguished between institutional sales, which were deemed unregistered securities offerings, and secondary sales on exchanges, which were classified as non-securities. This decision led to a reduced fine, with Ripple ordered to pay $125 million to the SEC—a substantial reduction from the $2 billion initially sought by the regulatory body.
Ripple Labs’ CEO, Brad Garlinghouse, hailed this as a “victory,” emphasizing that the outcome represents a win for the broader crypto industry. The market’s reaction was swift, with XRP’s price surging by over 20% following the ruling. This rally was fueled by the relief within the crypto community, which had been bracing for a much harsher penalty.
Analysts have quickly adjusted their predictions for XRP, given the positive market response and the favorable resolution of the legal dispute. According to AMB Crypto, XRP could reach $1.06 by the end of 2024. CoinPedia analysts are also bullish, forecasting that XRP will average around $1.95 or even reach $2.23 before the end of 2024.
PEPE to Retain Bullish Momentum
PEPE has been on a relatively bullish run since its launch in April 2023. The meme coin’s price has soared by over 500% year-to-date and is up 540% over the last six months. PEPE is currently priced at $0.000008278, with a 1.2% gain in the last 24 hours.
PEPE, like XRP, is expected to continue its bullish momentum in Q4. According to CoinPedia, PEPE could reach as high as $0.000127396 by the end of the year. Changelly is more conservative, estimating that the meme coin will trade around $0.0000220.
MoonTaurus (MNTR) to Lead Q4 Rally
MoonTaurus (MNTR) is a recently launched bull-themed meme coin that has quickly gained traction in its presale campaign. The presale, now in its second phase after a successful Phase One, has already attracted over 1,000 investors and raised over $300,000 in just two weeks. This impressive momentum led to a 100% price spike, with MNTR’s value rising to $0.01 as it entered Phase Two.
MoonTaurus is set to launch after completing a total of 10 presale phases at $0.07. This launch price represents a 700% increase from the current Phase Two price, offering a 7x return for early investors.
Analysts predict a strong rally for MoonTaurus (MNTR) following its launch, with a key price target of $1. This represents a 100x return for investors who buy during the presale’s second phase. The project’s roadmap outlines an ambitious goal of reaching a $1 billion market capitalization, which would place MNTR among the top gainers in the 2024 bull run and solidify its position as a top meme coin.
These projections and goals place MoonTaurus well ahead of both PEPE and XRP in terms of potential growth. Remarkably, early investors in PEPE are now participating in the MoonTaurus presale, signaling their belief in the meme coin’s potential for similar or even greater returns.
Market experts predict a strong crypto rally in the final quarter of the year, with XRP, PEPE, and MoonTaurus (MNTR) expected to record significant gains. MoonTaurus is projected to lead the pack with potential returns of up to 100x. Currently in its presale phase, MNTR offers investors the chance to get in on the ground floor before the token takes off.
By investing today, you are guaranteed a 100% gain as the project progresses to phase 3 and a 7x return at launch. Don’t miss this opportunity—participate in the MoonTaurus presale now and position yourself for up to 10,000% gains during the 2024 bull cycle.
Website: https://moontaurus.com/
Linktree: https://linktr.ee/moontaurus
Source: https://www.cryptopolitan.com/moontaurus-mntr-outshines-xrp-and-pepe-in-market-predictions-for-q4-2024/