Recently, Ripple (XRP) secured a decisive victory in its legal battle with the US Securities and Exchange Commission. Therefore, we could be seeing an end the two-year dispute anytime soon. Additionally, Ripple has yet to decide on its next move in case of complete victory. In spite of this, new cryptocurrency projects, like Pomerdoge (POMD), are taking advantage of the market downturn to attract more users. To learn more about the Pomerdoge presale, click here.
What comes next for Ripple (XRP) after this conclusion? On July 13th, the U.S. District judge, Analisa Torres, made her verdict which was that the native token XRP does not qualify as security according to the SEC. This ruling came as a pleasant surprise to crypto enthusiasts across the globe, and the value of XRP grew by roughly 80% to a $0.840 figure. However, the token price subsequently corrected in the following week. Of course, investors must remain vigilant about the developments of the case. Marc Fegel, a former SEC regional director, stated that appeal from the SEC can reverse the ruling. While CEO Brad Garlinghouse ushered in a more optimistic view of the cryptocurrency markets, its previously stalled services due to regulatory woes may be re-opened to US users, as he revealed nearly 90 percent of the project’s users live outside the United States due to the same.
Th current market valued of posted price hasn’t been great, declining with a 9.37% drop over the last 7 day period. Forecasts for crypto buyers associated with XRP predict prices to significantly recover heading into 2023. Pomerdoge (POMD) Crypto Revival?When observing Ripple’s continued venture against the SEC, the question of “what next?” poses itself. Fortunately, Pomerdoge arrived at the appropriate time to soothe some doubters; the project plans to bridge the world of cryptocurrency and video gaming to create one large community. Analysts anticipate the blockchain gaming market industry to be worth 65.7 billion U.S. dollars by the year 2027, making it an irresistibly attractive offer to potential investors.
The Pomerdoge platform offers secure atmospheres and fun gaming activities to its residents, as well as $POMD turbo rewards — the blockchain’s native token — which can be used to acquire exclusive and limited-edition items. Building buzz with pre-launch, Pomerdoge created 7,777 unique NFT pieces to give to its cryptocurrency holders. At this moment, the project is undergoing stage one of its token presale, avaible for individuals to purchase at an ultra low price at $0.007 per token. Research from crypto market experts suggests buying tokens at this rate could yield a 4,000% return on investment over time. To finding out more regarding Pomerdoge’s options,compose today at their website or join the conversation at their offocial Telegram channel!
