The week month has brought a lot of good news for XRP – not only has the price started showing signs of recovery, but the SEC trial is going in a great direction for Ripple holders. A federal judge granted a joint motion last month to extend the deadline for all parties to submit Daubert Motions. This would allow them to exclude certain expert testimony and other documentation. This could mean that we can finally see a light at the end of the lawsuit tunnel.
Speculative investors are all over the asset now, but only one side of the spectrum will end up with profits in their pockets. Will XRP pump to $1 (and beyond) and potentially surpass the hot run coins like Fight Out ($FGHT), Dash2Trade (D2T), C+Charge (CCHG), RobotEra (TARO), Calvaria (RIA), IMPT.io (IMPT), and Tamadoge (TAMA) are having, or will it tumble and lose the SEC trial?
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XRP Price Prediction – What Will Ripple Post-SEC Future Look Like?
In December 2020, the SEC filed a lawsuit against Ripple because, allegedly, Ripple sold “unregistered securities” and raised $1.3 billion illegally. Not only that, but the SEC charged the top executives (Christian Larsen and Brad Garlinghouse), citing that they made $600 million in personal gains during this alleged sale. One of the SEC main points was that XRP shouldn’t be considered a cryptocurrency. Instead, it should be a security under their purview. If the SEC were to win this case, there’d be a very unpleasant legal precedent for the entire crypto market, which is why investors and shareholders have been following the trial very closely for years now.
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The last couple of months have been going in Ripple favor and one of the latest news is that the US District Court Judge Analisa Torres overruled the SEC objections to providing emails sent by William Hinman (former Finance Division Director). Apparently, these emails were written by Hinman and are related to a 2018 speech where he mentioned how Ethereum wasn’t a security. This is something that directly contradicts the SEC's current claims. At the same time, the behavior of XRP holders has also been interesting and at the time of writing there are currently 1.07 million addresses that hold at least $100 in XRP. This is near XRP November 2021 all-time high of 1.14 million. While speculative interest is certainly one of the main drivers, it has a lot to do with product adoption as well.
In October, Ripple announced that Lemony (French payment firm) was its latest liquidity customer. Apparently, Lemony will use RippleNet and XRP to leverage cryptocurrency payments and streamline its own treasury process. Taking all this into consideration, XRP does have a chance to reach the $1 target by the end of 2023 (currently hovering around the $0.3 mark). However, if the SEC trial goes in Ripple favor, the price will be much higher than $1 – some experts suggest that it could even reach $5. With all this going on in the background investors can be forgiven for having wandering eyes. Let's take a look at some of the other coins we think may well outperform XRP no matter the result of the case!
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Fight Out – The platform that rewards achievement of fitness goals
Staying fit can be a true challenge for people who are not experienced enough in this field but cannot afford to work with a personal trainer. The concept of traditional gyms can be interesting in the beginning, but everyone starts struggling with motivation sooner or later because it feels more like wandering in the dark rather than going towards the set goal.
Fight Out is a new crypto project that includes the move2earn principle, which will certainly drive many people to stay on track. Gamification is a great way to motivate people to exercise. It means that anyone who wants to live an active, healthy lifestyle can do so easily by creating workouts that fit their abilities and goals. Everybody who wants to follow a fitness regimen will do it easier with the FightOut M2E app and gym. You will get rewarded every time you complete a workout or challenge.
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Also, you can test your abilities among other members of the community. The concept is developed by MMA fighters who know what a person needs to reach their full potential. There is an ongoing presale of the $FGHT tokens, so if you wish to truly reach your fitness goals, have fun and earn at the same time, then this is your chance!
Dash2Trade - Trading platform coin that gives its investors the edge over the market
Dash2Trade is one of the coins that many experts are tipping to have a great 2023 and beyond and it is one we feel could outperform XRP going forward. The Dash 2 Trade presale is now over, and the team behind it decided to give the investors one last chance to purchase D2T tokens until the first CEX listings on the 11th of January. Clearly, investors are interested.
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What we really like about Dash2Trade is its commitment to giving its users the best possible information to trade. The most unique aspect that we love is that they take social sentiment into account when creating strategies for their investors. Crypto, more than any other investment opportunity, can be swung so much by hunches and leans.
People get a sniff of some bad press surrounding a coin and they are either diving in or running for the hills. Providing their users with this information along with trading strategies and giving access to presales and the newest coins are some of the reasons we’re expecting big things for Dash2Trade.
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C+Charge – The platform that aims to democratize the carbon credit industry
There is a growing number of electric car drivers, and this number would be even bigger if there were charging station maps. C+Charge is a project that aims to make it easier for electric car drivers to find charging stations. It also allows them to pay the charge using a payment system built on blockchain, making the whole process much simpler.
This project will support the desire of people to switch to a more sustainable way of living and the widespread adoption of electric cars. This project aims to make carbon credits more easily available and encourage people to choose electric cars over regular cars.
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To get the most out of this crypto project, users will need to use the $CCHG utility token, and using it will get them closer to carbon credits. The presale of $CCHG tokens has begun recently, so now is a great time to purchase them!
RobotEra - The Robotic Multiverse with Multiple P2E Games
RobotEra is a Minecraft-inspired P2E crypto project that features a shared Metaverse and multiple games within it. Users will be able to play these games, explore planets, and network with each other by creating a futuristic robot avatar.
There will be plenty of ways to earn tokens in the Metaverse, but the primary method is by selling your creations and trading land. TARO is the native utility token that all the RobotEra games will incorporate and you’ll need it to do pretty much anything platform-related.
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Tokens can now be purchased during the live presale and they’ll get more expensive with each stage that goes by, so don’t wait too long before acquiring your first batch.
Calvaria - Tipped to be the biggest P2E game of 2023
Calvaria Duels of Eternity is the hot new gaming token on the market and if presale figures are anything to go buy it has a bright future ahead of it as we head toward 2023. Presale has been a blur so far as the coin is already at stage 5 and has surpassed the $2.6 million raised mark. This is great news for founders and investors alike, but it also means the price of the coin is steadily going up so potential investors need to get moving if they want to get the best value.
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We think there are two reasons Calvaria is being tipped to be the biggest P2E gaming token of 2023 and beyond. The first is the way the game differentiates between in-game currency. Obviously, you can use the game's tokens (RIA) to play the game and you can buy cool things like in-game NFT trading cards among other things. The game, however, also has a currency you can earn the more you play and the better you are (eRIA) which can be exchanged for RIA the real currency.
Once you earn this it is yours and can’t be taken away so you can watch the value of your coin grow as you play the game. The second aspect is the founders have allowed a free-to-play option. This is great because it shows the quality of the game and allows players to test it out without having to commit fully. You can see why the presale has been such a success so far.
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IMPT – The Eco-Friendly Crypto That Achieving Enormous Success
IMPT is a new crypto ecosystem that helps individual users and big corporations make a difference in the world by reducing the emission of carbon footprints. The main feature is carbon credit tokenization – users can buy/sell/trade carbon credits that are in the form of NFTs. When users destroy carbon credits, they remove them from circulation as they’re distributed to null addresses. With a distributed layer incorporated, there practically zero chance of fraud. Then, once the carbon credit is retired, the users are rewarded with unique NFTs, created by some famous names in the art industry.
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There are dozens of influential brands that have shown their support for IMPT, including Microsoft, Apple, Adidas, Hugo Boss, etc. The platform has already partnered up with more than 25,000 brands. The presale for IMPT tokens ended recently and the new listings keep getting announced, which only shows that quality tokens are always in demand.
Tamadoge - On course to Dethrone SHIBA and DOGE
Tamadoge is a P2E meme crypto asset that has its own Metaverse (Tamaverse) and a built-in NFT store within it. Unlike Dogecoin, Shiba Inu, and most other meme coins, Tamadoge comes with real-world utility and advanced tokenization.
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We’ve already seen Tamadoge make headlines with its presale where it raised $19 million weeks before the initial target date and in the middle of crypto winter. Just a few days after it went viral, Tamadoge landed an OKX IEO listing which eventually led to 2,000% profits on the very first listing day. Next came listings on BitMart, LBank, and MEXC – all of which contributed to additional gains and led the project to surpass the $0.1 mark.
Tamadoge main feature is the P2E game that revolves around breeding NFT digital pets. Players need to take care of their pets and learn how to use their powers to compete in battles. Those who win battles and complete missions are awarded Dogepoints and can later win prizes from the Dogepool. The AR (augmented reality) app is expected to come out in Q4 2022, which will allow players to take care of pets even when they’re on the move. With so many advanced features and unique traits, everyone is certain that Tamadoge will eventually dethrone Dogecoin and Shiba Inu to become the leader of meme coins.
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The Takeaway
Some are betting that XRP will collapse, while others are certain that huge profits will come once the SEC trial ends. Either way, one side of the spectrum will end up rich with XRP speculative trading.
While the sentiment around XRP is currently positive and the token is set to surpass the $0.5 mark soon, we can’t really expect any huge profit to come by the end of the year. The trial will surely last for a couple of more months and until it ends, it will take a miracle for XRP to explode in value.
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If you’re looking for projects that have the potential to bring huge gains by the end of the year, you should shift your focus to tokens like $FGHT, D2T, CCHG, TARO, RIA, IMPT, and TAMA.
All of these projects have captured investors’ attention due to their unique features and huge potential, which is why so many analysts are forecasting their “explosion”.
The best thing is, they’re not only set out for short-term profits - in a few years’ time, they could end up leading the market in their particular fields.
