Another day, another win for Ripple (XRP) against the SEC. As their CEO Tweeted on the platform formally known as Twitter, that makes it 3-0 to Ripple now. The latest victory comes as the SEC has withdrawn its claims against Ripple’s CEO and co-founder. This should finally be the end of a long and arduous journey for the altcoin.
Today was an even better day.
In all seriousness, Chris and I (in a case involving no claims of fraud or misrepresentations) were targeted by the SEC in a ruthless attempt to personally ruin us and the company so many have worked hard to build for over a… https://t.co/YsQxewFnj9
— Brad Garlinghouse (@bgarlinghouse) October 19, 2023
The price of XRP rebounded in a positive fashion once the news broke and is up nearly 9% over the last 7 days. The news broke at a perfect time as ‘Uptober’ as October is fondly known, has finally started to live up to its name. While we will get into XRP more later on, we also want to focus on some presale coins that are great investments.
Bitcoin Minetrix (BTCMTX), Meme Kombat ($MK), and TG.Casino ($TGC) are having very successful presales and could be very savvy investments. Now the market is leaning toward bullish conditions, it could be the perfect time to pounce. Let’s take a look at the properties that each coin has that could make them very valuable investments.
Bitcoin Minetrix- Investors should pay attention to what this project will do for Bitcoin mining
While not every reader of this piece will want to mine Bitcoin, that doesn’t mean they shouldn’t be investing in Bitcoin Minetrix (BTCMTX). The project could revolutionize the Bitcoin mining market by fixing cloud mining. This will draw a huge amount of investors to the project, so even if you don’t partake in the mining, you can profit from massive gains.
The issue with Bitcoin mining is only the very rich can now partake in the activity. Cloud mining, which was supposed to allow everyday investors to mine, is now seeing investors being scammed or priced out of the market. The solution? Stake-to-mine. This is a combination of staking and cloud mining that puts the power back in investor’s hands.
The staking part works the exact same as any other project. Investors can earn a very nice passive income when they stake. The APY, at the time of writing, stands at a juicy 314%. The other option with these staked tokens is to exchange them for mining credits. These credits are used for one thing, an investor’s ticket to mine. The credits are exchanged for mining time or a share of the yields. A cheaper and greener way to mine Bitcoin.
Meme Kombat- The P2E game that makes you feel like you’re in Vegas
We have not been as excited for a game in quite some time as we are for Meme Kombat ($MK). The game takes inspiration from one of the most famous combat games of all time; Mortal Kombat. However, instead of battling with the characters from that game you will be battling with the market’s favorite memes from the last 10 years.
That might be a hilarious image, but there is nothing funny about the quality of the gameplay. Meme Kombat uses the latest in AI technology to provide players with the best graphics and in-game experience. The AI is also used to determine battle outcomes so players are ensured everything is above board.
The reason this is important is that players can win big by gambling on the battle outcomes. That’s right, Meme Kombat gives players the Vegas experience by giving them lots of different markets to bet on. Bet with your friends vs other players, 1 v1 vs the computer, or even side bet. There are many different markets, so there is no chance of players getting bored at any time.
TG.Casino- This crypto casino will reward its players and will be available on Telegram
We realize with new or seasoned casino gamblers, the first thing 99% of them look for is how the casino rewards its players. Well, TG.Casino ($TGC) could be one of the most generous casinos to ever hit the market. With huge commitments to reward both those who stake their $TGC and those who are loyal casino users, this new telegram casino presale is ongoing and looks like a great opportunity to play and profit.
When it comes to tokenomics, a whopping 30% will be dedicated to staking and casino rewards, but there is also more. Every day, the casino will use a share of its profits to buy $TGC on the open market. 60% of this amount will be used to reward loyal casino players. The other 40% will be burned, thus creating scarcity and more value for those staking and holding $TGC.
Best of all, TG.Casino has secured a superb partnership that will see it have a potential customer base to rival any other online casino. Telegram will host TG.Casino and they will get all the benefits of the app. This means players can gamble securely, knowing they are in the hands of an app that is best known for its world-leading security and privacy features. We think investors and players will love this one.
Ripple’s price could continue to climb depending on crucial barrier
As you can see from the above 7-day performance chart, it has been a good week for Ripple (XRP). The news that the SEC is dropping its case against their CEO and co-founder could not have come at a better time either. The market is beginning to pick up and it looks like XRP is finally in the clear. So can it hit the elusive $1 mark?
Some experts have hypothesized that the $0.56 mark is crucial. XRP has struggled to break through this barrier and now sits hovering just below. Some underlying statistics indicate that XRP could grow by 70% and hit $0.87 if this price can be breached. It is just a matter of whether investors want to take this risk or not.
So to finish up, Ripple’s future price likely depends a lot on the $0.56 barrier and if it can break through. We believe it can, thanks to a combination of good market conditions and the good news regarding the SEC. Meanwhile, the three presale tokens are certainly good investments as they look set to fly through presale and see massive gains once listings begin.