TLDR
- SEC takes another legal loss in XRP lawsuit
- RebelSatoshi debuts new rebel-themed meme coin
Ripple, the developers behind XRP, look poised to ultimately win against the Securities and Exchange Commission (SEC). Plenty of signs point towards a favorable outcome for the company.
Can XRP rally further before the next trial date in April 2024? Or should investors focus on the newcomer coin set to make waves in the meme token market?
Where Things Stand With The XRP-SEC Legal Battle
XRP has proven to be one of the best cryptos to buy, receiving substantial media attention recently. Ripple can be delighted at another loss for the SEC. Recently, the US Court of Appeals for the Second Circuit declared that the regulator won’t get a disgorgement award. In simpler terms, the SEC cannot prove that XRP investors financially suffered during the sale of XRP tokens.
The next part of this saga is the settlement. Legal experts like John Deaton and Jeremy Hogan believe Ripple can pay far less than the proposed $770 million penalty. They assert that the company may only need to cough up $20 million or less. The next (and perhaps final) trial date for this case is April 23, 2024, which crypto enthusiasts will highly anticipate.
Meanwhile, thanks to the positive legal speculation, XRP is doing well on the charts. Since October 12, 2023, the price is up 44% from $0.47 to $0.68, with the potential to hit at least $0.80 by 2024.
During this time, newcomer Rebel Satoshi ($RBLZ) will have advanced far in its presale. Let’s learn more about this project and why it’s among the top crypto coins.
Join The Uprising Of RebelSatoshi
Rebel Satoshi champions the defiant spirit of Satoshi Nakamoto in meme tokens while also symbolizing unity and community-building. The project combines playful engagement, interactive quests, and financial rewards for a well-rounded meme coin.
Meme culture is also key, hence the presence of the ‘Rebel Meme Hall of Fame.’ This is a space for early supporters to showcase their best rebel-based memes. The top ones will be voted by Rebel Satoshi’s community, earning laughs and popularity in the process.
And then, there are the financial incentives that will be possible with the project’s $RBLZ token. Holders of $RBLZ can enjoy passive income from staking while making the network secure. The second benefit is that owning $RBLZ gives them access to the ‘Rebel Artefacts Vault.’
Here, they can explore 9,999 unique NFTs of exclusive collectibles and digital art based around rebel-themed characters, namely Rebels, Citizens, Warriors, and Monarchs. Thus, it’s clear that RebelSatoshi aims to be in the best DeFi projects by incorporating staking and NFTs.
The market valuation goal for Rebel Satoshi is to hit $100 million. Fortunately, the project is still in a presale, which began on November 05, 2023. The Early Bird Round sees $RBLZ trading for $0.010, which will increase 30% to $0.013 in the next round, Rebel.
Once the presale sells out, early adopters can expect a 150% ROI, as the token will be valued at $0.025.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via telegram (https://t.me/RBLZRED)
Please note that the Discord and Telegram communities are for Recusants and $RBLZ holders only.
Source: https://www.analyticsinsight.net/ripple-celebrates-another-sec-loss-can-xrp-rally-or-is-newcomer-coin-the-smarter-bet/