Crypto
AI Predicts Top 3 Cryptocurrency to Buy if Ripple Wins SEC Case

The Ripple (XRP) case with the US SEC has been one of the most significant highlights of the cryptocurrency world. The US SEC case with XRP has received special insights and scrutiny over the years.
Now that the case is “reportedly” nearing its end, AI has predicted three new coins that can bank on XRP’s surge if Ripple wins the case against the SEC. Here are three coins that may gain significant market momentum.
Also Read: Dogecoin (DOGE) & Ethereum (ETH) Price Prediction August 2024
Three Coins That May Skyrocket Post-XRP Win Against the US SEC, AI Predicts

1. Stellar (XLM) – Fast crypto payments


Stellar, popularly referred to as XLM, is another notable cryptocurrency making waves in the crypto market. The token is one of the three coins predicted by AI to bank on the XRP price surge.
The reason is that Stellar is also dubbed a low-cost payment-centric network focusing on cross-border transactions, just like XRP. If XRP spikes soon, the exact technicalities and functional elements XLM shares with Ripple may help the token gain better price levels.
“Stellar may trade within a range of $0.07618 and $0.161019. If it reaches the upper price target, XLM could increase by 65.41% and reach $0.161019.”
According to CoinCodex, XLM may spike to reach the $0.161019 price level by the end of August 2024.
Also Read: BlackRock Reveals These Two Cryptocurrencies Are Worth An Investor’s Money
2. EOS (EOS) – Crypto dApp platform


EOS is another cryptocurrency that the AI predicted may seek better price momentum post-XRP’s win against the US SEC.
The AI shared that EOS shares similar scalability and usability factors with XRP, which makes it a popular coin capable of surging XRP wins against the SEC. EOS is referred to as a developed operating system that operates industrial-scale DApps.
Per CoinCodex, EOS may surge by 7% to stabilize at $0.579366 by the end of 2024.
“EOS may trade within a range of $0.518941 and $0.579366. If it reaches the upper price target, EOS could increase by 7.44% and reach $0.579366.”
3. Cardano (ADA) – Research-driven crypto


Cardano needs no further introduction, as the token is one of the most promising decentralized chains in the crypto world.
Its similarities with XRP in terms of scalability, global collaborations, and security make it a suitable coin capable of leveraging XRP’s post-SEC win surge.
Also Read: Cryptocurrency: 3 Coins to Buy Before They Become ETFs
According to CoinCodex, ADA may rise to trade at a stable level of $1.529875 by the end of 2024.
“Cardano may trade within a range of $0.356486 and $1.529875. If it reaches the upper price target, ADA could increase by 295.74% and reach $1.529875.”
As the crypto world watches XRP’s case, these coins could ride the potential wave, and we’re ready for it! Are you?

Crypto
Truth Social Files for Cryptocurrency Blue-Chip ETF

Truth Social, the social media platform backed by former U.S. President Donald Trump, has submitted an application for a cryptocurrency blue-chip ETF S-1 filing. This move marks a significant shift for the platform, which has been primarily known for its social media presence, into the realm of cryptocurrency investments. The filing indicates that Truth Social is aiming to capitalize on the growing interest in digital assets, particularly among its user base, which includes a significant number of individuals who are already engaged with cryptocurrencies.
The Trust’s assets are primarily composed of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cronos (CRO) held by the Trustee. Under the terms of the Trust Agreement, the Trust will allocate its assets to a percentage of the portfolio assets (allocation ratio) initially expected to be approximately 70% Bitcoin, 15% Ethereum, 8% SOL, 5% CRO, and 2% XRP. This allocation reflects a strategic focus on blue-chip cryptocurrencies, which are seen as more stable and less speculative compared to smaller, more volatile tokens.
The decision to file for a cryptocurrency ETF comes at a time when the cryptocurrency market is experiencing renewed interest. The market has seen a resurgence in activity, driven by factors such as declining interest rates and a more crypto-friendly regulatory environment. This shift has led many investors to reconsider their positions in cryptocurrencies, particularly in blue-chip tokens like Bitcoin and Ethereum.
The filing for a cryptocurrency ETF is a significant step for Truth Social, as it allows the platform to offer its users a more diversified investment option. By providing access to a blue-chip cryptocurrency ETF, Truth Social can attract a broader range of investors who are looking for a more secure and regulated way to invest in digital assets. This move also positions Truth Social as a forward-thinking platform that is adapting to the evolving financial landscape, where cryptocurrencies are becoming an increasingly important part of the investment ecosystem.
The submission of the S-1 filing is a crucial step in the process of launching an ETF. It involves providing detailed information about the fund’s structure, investment strategy, and risk factors to regulatory authorities. Once approved, the ETF will allow investors to gain exposure to a basket of blue-chip cryptocurrencies without having to directly purchase and manage individual tokens. This can be particularly appealing to investors who are new to the cryptocurrency market or who prefer the convenience and security of an ETF.
The filing also highlights the growing integration of cryptocurrencies into mainstream financial products. As more platforms and companies enter the cryptocurrency space, the demand for regulated and secure investment options is likely to increase. This trend is driven by the recognition that cryptocurrencies offer unique benefits, such as decentralization, transparency, and the potential for high returns, which make them an attractive addition to traditional investment portfolios.
In summary, Truth Social’s submission of a cryptocurrency blue-chip ETF S-1 filing is a strategic move that reflects the platform’s commitment to innovation and its recognition of the growing importance of cryptocurrencies in the financial landscape. By offering a regulated and secure investment option, Truth Social can attract a broader range of investors and position itself as a leader in the evolving world of digital assets.
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