Best Wallet Token Raises $7.6M as XRP Approaches All-Time High
XRP Nears All-Time High
XRP reached a peak of $3.31, increasing by 6.35% in 24 hours amid rising optimism about Ripple's future.
- Positive sentiments stem from potential approval of XRP-based ETFs.
- Recent legal developments favor Ripple, with a judge imposing a $125M fine instead of the SEC’s $2B demand.
- Anticipation surrounds President Trump’s inauguration and a more crypto-friendly regulatory environment.
- CEO Brad Garlinghouse met President Trump, fueling speculation regarding regulatory changes.
- Paul Atkins is nominated as the new SEC Chair, expected to support cryptocurrency ETF approvals.
Low-Cap Coins Resurgence
With Bitcoin's rise and XRP's surge, low-cap coins are gaining attention.
- The BEST Wallet token presale raised $7.6M, promising enhanced utility for holders.
- Market momentum is driven by strong fundamentals and positive regulatory outlooks.
Trump Family Enters Crypto Market
President-elect Donald Trump announced the launch of $TRUMP, a meme coin on the Solana blockchain, achieving a market cap over $9B.
- First Lady-elect Melania Trump launched her own coin, $MELANIA, which reached a $12B market cap within 3 hours.
- Both tokens reflect the pro-crypto stance of Trump's administration.
Overall, with XRP and newly launched tokens surging, 2025 appears poised for significant developments in the cryptocurrency space.