Despite the ongoing SEC v. Ripple case, XRP is nevertheless popular all across the world, with a 24-hour trading volume of almost $1.58 billion.

Rising XRP Holders - Coinmetrics' on-chain analysis showed a sharp rise in the proportion of XRP addresses holding more than $10k. With this increase, they are almost at their all-time high (ATH), a sign of rising demand for and investment in XRP.

Social Volumes on XRP Hit Yearly High - Data from Santiment shows an impressive increase in XRP social volumes, which reached their greatest level in almost a year. The price of XRP has increased by over 22 percent over the last 19 days, making it the highest trending digital asset.

Lawsuit’s Impact on the Altcoin Industry - The outcome of the Ripple vs SEC lawsuit will have significant repercussions for the altcoin market, particularly for ERC20s on the Ethereum network. The price of XRP has increased since March, according to data from Messari, driven by good news about the litigation.

XRPL Revenue Surges - Notably, Messari reports a substantial increase in XRPL revenue since March, paralleling a 34 percent surge in XRP’s underlying value. These developments underscore the market’s confidence in XRP and its potential for growth.

Coinpedia has a XRP forecast that says the price of Ripple will continue to climb as well, but is much more bullish than XRP Coin Price, as by 2030 they expect that the price of Ripple could climb to as high as $5.81.

Ripple:

- Owning almost half of total $XRP supply.
- Owning custody with Metaco.
- Owning part of Bitstamp (exchange).
- Owning large share of Tranglo (payments company).
- Proprietary network: Ripplenet.

Invested in all parts of a cross-border transaction. Source- https://twitter.com/X__Anderson/status/1663322541681782784

• In a groundbreaking move a major Dogecoin (DOGE) whale recently made waves in the crypto world by transferring over $445 million worth of DOGE.
• A significant dogecoin whale swiftly moved 6.26 billion DOGE across seven transactions in less than 10 minutes, highlighting changes in the top Dogecoin wallets.
• Additionally, the whale reclaimed the fifth spot by acquiring 5.46 billion DOGE, amounting to $445 million.
• Notably, the receiving wallet experienced a significant climb from the fifth-largest to the second-larget Dogecoin address, now boasting an impressive 8.84 billion DOGE worth over $643 million.
• Meanwhile, Robinhood continues to dominate Dogecoin with a colossal holding of 22.6 billion DOGE, valued at $16 billion, representing 16.23% of the cryptocurrency's total supply.
• Dogecoin is currently trading at around $0.07114, with a 2.87% dip in the past 24 hours. The market is consolidating without a clear direction from bulls or bears, and sideways trading is expected until mid-June within the $0.07 to $0.08 range.

Source - Coinpedia

A string of recent favourable fundamental developments at Ripple Labs have rekindled hope in the XRP market. Let's explore these improvements and an exciting XRP outlook and how they affect the ecosystem.

• Ripple Participates in e-HKD Pilot Programme
• Metaco Acquisition Bolsters Crypto Custody Offerings
• Hinman’s Document Unveiled
• XRP Bulls Poised for a Rally

In light of these encouraging developments, the market value of XRP has increased. Check XRP price prediction for coming days at Coinpedia.

In the below video, we dive into the controversial world of meme coins and explore the recent phenomenon of Elon Musk's influence over them. We discuss the ethics of using one's platform to manipulate the market and the impact it can have on individual investors. Through our analysis, we uncover the truth behind the hype and reveal the dangerous game being played by those in power. We'll also take a closer look at some of the most popular meme coins, including Dogecoin, Shiba Inu, and Pepecoin.

Dogecoin, the original meme coin, has seen incredible volatility in recent years due to tweets from high-profile figures such as Elon Musk. Shiba Inu, a meme coin world, has gained popularity thanks to its cute and cuddly dog mascot and low token price. Meanwhile, Pepecoin, which features an infamous internet meme character, has attracted a dedicated following despite its controversial origins.

Whether you're a seasoned investor or just curious about the current state of the market, this video is a must-watch.

Jason Calacanis, a prominent venture capitalist, sparked debate on Twitter by asserting that XRP, is "obviously a security," adding gasoline to the ongoing legal dispute between Ripple and the U.S. SEC.

XRPCommunity Reacted to this tweet -
“Go try to register a digital asset as a security before you make ridiculous statements like this,” says Mike Belshe, the co-founder and CEO of digital asset trust company BitGo, Responding to Calacanis’s statement. Also adds saying “this is an ignorant view”.

Following this another leader, Jacob Franek, co-founder and former COO of Coin Metrics, stated “It bears repeating over and over — the asset itself, XRP, is highly unlikely to be a security. Your job is literally investing. You should try actually educating yourself on securities laws,”

CEO of Ripple - Brad Garlinghouse also replied "remind me when you learned securities law?! This is embarrassing for you (and hilariously wrong as there is no framework to register digital assets in the US), but we're all used to you making controversial statements and trolling about things you know nothing about..."

What's your opinion on this? I think this was a very stupid statement by Jason and somewhere proves uneducated about the new trend and web3 space (this is what Brad Garlinghouse tweet highlighted too).

Nobody is certain of when Judge Analisa Torres will render her decision, therefore the community must rely on speculation and rumours from legal professionals, senior Ripple officials, and XRP influencers.

Will the case be resolved in 2024?

The likely conclusion of the Ripple vs SEC litigation is a subject of constant rumor in the XRP community. In 2024, once Judge Torres returns from her summer vacation, she might release the eagerly awaited summary judgement, according to prominent XRP influencer Mr. Huber (@Leerzeit).

He added that the unnamed source had disclosed that there had been two meetings between SEC and Ripple officials.
Mr. Huber withheld information about the meeting's purpose, including whether or not the officials met to go over potential settlement terms.

Previous Settlement Rumor –
The previous settlement predictions by seasoned lawyer James K. Filan and Deaton did not happen.

XRPCommunity prediction –
What are your thoughts on it? Are you like me just relying on Brad Garlinghouse, prediction that the decision would be made in the first half of 2023.

Twitter Source - https://shorturl.at/ioxLZ

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