What Does The Future Hold For Ripple Post-SEC Lawsuit? XRP and Pomerdoge (POMD) Rising
Recently, Ripple (XRP) won a partial victory against the US SEC. As a result, the 2-year-long battle between both parties might be coming to an end anytime soon. However, it is uncertain what Ripple’s next step would be if it eventually wins. On the other hand, newer projects like Pomerdoge (POMD) are capitalizing on the recent market downturn to attract more users.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
What’s Next for Ripple (XRP) After SEC Lawsuit?
On July 13th, a significant turn occurred in the long-standing Ripple lawsuit involving the US SEC. Judge Analisa Torres noted that the project’s native token, XRP, was “not a security” in her ruling.
Follow CryptoMode on Twitter, Youtube and TikTok for news updates! This ruling sparked jubilation within the crypto community. Consequently, XRP’s value skyrocketed by about 80% to $0.840. The price of XRP would correct in the week that followed and now trades at $0.710.
However, despite this progress, the Ripple community must remain vigilant about the regulatory body’s next steps. Some individuals like Marc Fegel, a former SEC regional director, have argued that an SEC appeal could overturn the judgment. Moving forward, the company might open its services to more US users.
According to Ripple’s CEO, Brad Garlinghouse, Ripple had moved most of its activity out of the US, and 90% of its customers are non-US because of the issue. The token’s price has dropped by 9.37% in the past 7 days but is projected to rally above $1 before the end of 2023.
Pomerdoge (POMD) Garners Massive Attention
With Ripple yet to clench full victory, investors are skeptical about what the future holds. Meanwhile, another project is taking investors’ attention and that is Pomerdoge. Pomerdoge is on a mission to connect the gaming and crypto industries through the creation of a P2E crypto game.
The global blockchain gaming market, with its immense potential, is projected to reach a staggering USD 65.7 billion by 2027. This makes it an attractive opportunity for early investors. The Pomerdoge platform aims to bring players from all over the world together by offering a competitive and enjoyable gaming experience.
Additionally, the Pomerdoge platform has already undergone audits by SolidProof and Cyberscope. This move demonstrates its commitment to ensuring a secure environment for its users. Meanwhile, the Pomerdoge token, $POMD, which serves as the in-game currency unlocks exciting rewards, NFTs, and exclusive items. Notably, the project’s future plans include the release of a limited collection of 7,777 NFTs, exclusively accessible to $POMD holders.
As a new venture, Pomerdoge has entered stage one of its token presale, offering the $POMD token at just $0.007. Interestingly, there are no buy or sell taxes, providing buyers and sellers a chance to maximize their investment returns. Market analysts have expressed optimism about the project, projecting a 4,000% return on investment for early buyers.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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