Ripple (XRP) Holders Banking on DeFi Activity for Rebound
Despite a negative Q2, Ripple (XRP) holders are banking on increased DeFi activity to spark a rebound. Similarly, Fantom (FTM) hopes to recover from the market-wide slump thanks to new developments, rising volumes, and talks of an airdrop in the Fantom/Sonic ecosystem. WW3 Shiba, on the other hand, is a brand new crypto project captivating investors and gamers. Its recently launched presale has raised $50,000 and counting. But is this enough to call $WW3S the next best meme coin investment? Let us find out.
Ripple’s (XRP) Price Gains Momentum As SEC Case Takes Latest Turn
The price of the 8th largest cryptocurrency, Ripple (XRP), is gaining momentum despite the market-wide slump in June.
Earlier this month, the SEC reduced its demands in its court case with Ripple from $10 billion to $102 million. As many experts forecasted, Ripple’s community embraced the news, boosting their confidence and activity within the ecosystem. They believe Ripple is nearing a decisive victory, bringing them closer to closing this chapter of its history.
At the time of writing, Ripple (XRP) is selling for $0.60. Its market cap is also $33,768,005,792. With the recent launch of Ripple USD (RLUSD), observers say increased DeFi activity could spark a bullish rebound, sending Ripple’s price to $0.7500 levels.
Fantom (FTM) Trade Volume Drops 15%: Bull Run On The Horizon?
With declines over its 7-day, 14-day, and 30-day charts, Fantom’s (FTM) price has traded bearishly for most of Q2 2024. FTM’s 24-hour trading volume is also down 15% (at the time of writing). Combined with the acceleration of its brand new layer one chain, Sonic, and the announcement of a $190 million airdrop for Sonic and Opera users, analysts expect FTM to rebound in the coming weeks. In the third week of July, Fantom is trading at $0.5202. Its total circulating supply is also 2,803,634.836. Bullish investors say social sentiments within the Fantom community could also spur further increases in trading volumes. These factors could restore Fantom to its yearly high of $1.1.
WW3 Shiba ($WW3S) Explosive Presale: Rare Opportunity To Make 100x Gains?
Amid a bearish market, WW3 Shiba ($WW3S) has quickly become one of the most sought-after presale projects. The newly launched gaming token is generating significant buzz across the GameFi sector, driven by strong interest from gamers, traders, and investors.
Blending the best elements of SocialFi, GameFi, and meme coins into one, WW3 Shiba presents a gaming universe that allows players to generate passive income while having fun. The game’s objective is straightforward. Players recruit a loyal pack of canines and complete challenges to prevent the likes of Elon Husk and Kim Dog Un from a raging World War 3. In return, they earn high-value NFTs, cash prizes, and $WW3S tokens. Beyond mission rewards, players may also earn money by staking their $WW3S tokens and winning the Top Dog rank in their country. Top dogs earn massive in-game rewards and individual NFTs representing the dog native to their country.
With the gaming market growing to $175 billion, $WW3S could not have emerged at a better time. Market observers say its combination of entertaining gameplay elements and attractive P2E opportunities could make it the next successor to Shiba Inu, potentially delivering 100x gains in its first 12 months. Furthermore, renowned Shiba Inu whales are already pouring into its recently launched presale, which has raised $51,000 and counting, further evidencing its potential to become a blue-chip gaming token.
Conclusion
Like the rest of the crypto market, Ripple (XRP) and Fantom (FTM) witnessed considerable price declines since the start of June. However, favourable developments within their respective ecosystems are shifting this momentum. Ripple’s battle with the SEC took a positive turn, sparking investor interest. Meanwhile, Fantom’s increasing volumes and DeFi advancements indicate renewed community interest.
Elsewhere, WW3 Shiba is carving a name for itself thanks to its explosive presale. With a starting price of $0.001 and plans to offload 50% of the token supply to investors, the ongoing event presents the chance for you to purchase a potential blue-chip token while it is still underpriced.
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