3 Altcoins to Buy as XRP Price Pumps by More than 12%
DeFi giant XRP price has successfully caught the tailwinds after the SEC signaled that it may be dropping the Ripple lawsuit. This has pumped the Ripple price by more than 12% in the last 24 hours. Since this price movement is insulated from Bitcoin’s price action, investors should start picking the best altcoins to capitalize on this situation. Advertisement Advertisement Chances are High for SEC to Drop the Ripple Lawsuit The battle between Ripple and the Securities and Exchange Commission has been going on for years. However, the time has come to bury the hatchet and let XRP not be considered a security anymore. While the talk of the SEC dropping the lawsuit has been going on since last year, the signals have now gotten stronger with the SEC willing to acknowledge NYSE’s application to list Grayscale’s XRP ETF. In a tweet, James Seyffart argued that the old SEC would not have even acknowledged the application, which means there is a chance for the Ripple lawsuit to be over. Advertisement Advertisement 3 Altcoins to Capitalize on XRP’s Gains The move by the Securities and Exchange Commission won’t only impact the XRP price, but it will also signal that regulations are more attuned now for the growth of the cryptocurrency market. This new era has brought the following three altcoins to the forefront. Jupiter (JUP) While XRP price surged, the native crypto of the Solana-based decentralized exchange, Jupiter, JUP, has experienced a surge of more than 12% over the last 24 hours. This is the result of almost a 91% increase in its trading volume. The market capitalization of this token is currently $2.47 billion. While JUP’s value is still 26% lower than what it was able to achieve in late January of this year, the way its price has been pumping, it is possible that it could move up enough to retest its all-time highs, provided there is enough momentum. The reason for this surge has been attributed to the Active Staking Rewards (ASR) becoming claimable recently. While this would have put more tokens into circulation, the price chart has shown that people are now more interested in other perks that Jupiter could bring. Further growth is expected since the recent JUP Planetary call got featured on X. DexBoss Calling itself the “boss of DEXs,” DexBoss (DEBO) describes itself as a cryptocurrency project that could help people rule the decentralized economy. The native crypto of this project, DEBO, is currently on presale and is being offered at a discount price of $0.011. The listing price has been set to $0.0505, which means those who invest early will likely make upwards of a 400% profit once the token goes live on exchanges. While the listing boost will excite the intraday traders, in the long term, DEBO could gain more ground thanks to its large list of use cases. These use cases stem from the fact that the exchange is not limiting itself to a simple type of financial product, as futures and options are also covered. Cross-chain compatibility has been implemented to allow the trading of over 2,000+ assets across several blockchains, and comprehensive trading tools that focus on features like stop-loss orders, limit orders, and more. Official Trump Though XRP price is pumping, U.S. President’s official meme coin, Official Trump (TRUMP), has been parabolically making a comeback after trading at lows for so long that investors started to call it a “Trump & Dump” project. The politically charged meme coin has risen by more than 12% over the last 24 hours and has experienced close to a 10% increase in its trading volume. Trading at around the $19 level at the time of writing, TRUMP has a market capitalization of 3.8%. While ideally this could have been the result of the Official TRUMP meme community, the follower count on X, although large, doesn’t personify the strength of the meme coin community. The biggest aspect we could find was Trump’s rollback of his reciprocal tariffs. Furthermore, in his meeting with Narendra Modi, India’s Prime Minister, Trump also announced a COMPACT (Catalyzing Opportunities for Military Partnership, Accelerated Commerce & Technology for the 21st Century) between the two countries. Conclusion XRP price’s recent surge signals a potential turning point for crypto markets, as regulatory clarity could drive broader adoption. Investors seeking high-growth opportunities should keep an eye on Jupiter, DexBoss, and Official Trump—each showing strong momentum. While XRP remains a dominant force, these emerging altcoins could offer substantial gains in the evolving market landscape. Advertisement Frequently Asked Questions (FAQs) XRP surged 12% as the SEC signaled a possible Ripple lawsuit dismissal. Jupiter’s price jumped due to staking rewards becoming claimable and strong trading volume. DEBO’s presale offers a 400% potential gain, attracting investors with its advanced DEX features. Top Crypto Presale Projects For 2025 To Invest; Updated List Best Crypto AI Trading Bots For 2025 Top Meme Coins to Buy Now in 2025 [UPDATED] Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. CoinGape
Argentina’s LIBRA Token Price Crashes 90% As Insiders Cash Out $107M
According to industry leaders, the crypto ecosystem is about to undergo a significant change. During the most recent earnings call of Coinbase, its CEO Brian Armstrong presented a bold proposal that could transform the global banking system. What’s his prediction? By 2030, he said, the cryptocurrency infrastructure could power 10% of global Gross Domestic Product (GDP), which is equivalent to more than $10 trillion in tokenized value. Related Reading: Crypto Task Force Bill Hits New York Senate—What’s At Stake? Armstrong’s faith in his projection comes partly from Coinbase’s exceptional fourth-quarter 2024 performance. With income of $2.3 billion—a solid 88% rise over the previous quarter—the crypto exchange noted these numbers not only exceeded analysts’ forecasts but also represented the company’s biggest quarterly results in more than a year. The rise in income points to both institutional and retail investors showing a reinvigorated curiosity in digital assets. Coinbase Q4 results. Source: Coinbase The Beginning Of A New Financial Era Armstrong says that the changes we’re seeing in financial technology are similar to the transformations that happened with the internet in the early 2000s. His famous catchphrase, “Onchain is the new online,” sums up this idea. It compares the rush of companies adding cryptocurrency solutions to the days of the dot-com boom, when companies rushed to get online. He says this change isn’t just about trading digital assets; it’s about changing the way value moves around the world economy in a basic way. Regulatory Landscape Takes Shapes With Federal Reserve Governor Christopher Waller’s recent comments suggesting institutional attitudes may change, cryptocurrency regulation may change. Waller’s suggestion for stablecoin legislation that would allow banks to produce dollar-pegged digital assets changes the discussions around traditional finance and cryptocurrency. This legislative clarification may encourage conventional financial institutions to adopt. Building For The Future Looking ahead, Coinbase’s strategy focuses on three key areas: expanding revenue from existing products, driving utility in emerging crypto categories, and establishing infrastructure for long-term growth. This strategy implies a maturing business moving from conjecture to practice and institutional adoption. With global GDP nearing $100 trillion, according to the World Bank, crypto’s potential to capture even a fraction of this market is huge. Related Reading: Crypto Trading Boom Sends Robinhood’s Revenue Past $1 Billion However, reaching such lofty ambitions would necessitate navigating complex legal frameworks, overcoming scalability issues, and fostering trust among established institutions. The road forward is unpredictable, but the combination of good financial performance, developing legal frameworks, and growing institutional interest signals that the crypto industry is entering a new stage of development. Whether Armstrong’s projection of 10% GDP adoption by 2030 comes true or not, the industry’s trajectory shows that digital assets are becoming an increasingly vital element of the global financial ecosystem. Featured image from Pexels, chart from TradingView Read More
Why Is XRP Price Skyrocketing So Fast In The Last 24 Hours?
Highlights XRP price has continued to stay on the investors’ radar since yesterday, as evidenced by the recent surge in its price. During writing, Ripple’s native asset was up about 8% after consolidating between the $2.3 and $2.5 range over the past few weeks. However, the recent surge has left many speculating over the reasons that might have contributed to the recent gains in it. So, let’s explore some of the key catalysts that may have bolstered the market catalysts. Advertisement Advertisement Why Is XRP Price Rising? XRP price delivered 8% gains from yesterday and soared to $2.78, with its trading volume rocketing 63% to $8.79 billion. Notably, the crypto has touched a high of $2.83 from a low of $2.58 in just over the last 24 hours, indicating strong market confidence. Notably, CoinGlass data showed that XRP Futures Open Interest rose 10%, signaling a strong momentum ahead for the crypto. Besides, the Relative Strength Index of 55 also indicates a buying pressure in the market. Meanwhile, the recent surge in XRP price could be attributed to a flurry of reasons including the broader market sentiment, regulatory shift, and others. Let’s take a tour of the key reasons that might have helped gains in crypto and see how it may perform in the near future. XRP ETF Gains Momentum: SEC Approval Soon? Donald Trump’s election win has fueled market sentiment while raising hopes for a pro-crypto regulatory environment in the nation. This is also evident from the recent moves of the US SEC, especially with the formation of the crypto task force. Amid this, speculations are soaring over a potential XRP ETF approval in the US soon. For context, the US SEC has recently acknowledged XRP ETF filings from 21Shares, sparking market discussions. Besides, it also follows a similar move, the SEC acknowledging Grayscale’s Dogecoin and XRP ETF filings earlier this week. This reflects a regulatory shift in the US, especially from what it was under Gary Gensler. Besides, it also fueled market sentiment, with many seeing these advancements as a key step for a likely XRP ETF approval in the US. Meanwhile, if approved, it could significantly boost the crypto’s appeal to investors, while fueling its adoption. Having said that, it appears that these recent developments have acted as major catalysts for boosting the XRP price today. US Reserve Speculation Fuels Market Sentiment The US appears to be considering a Crypto Strategic Reserve instead of its prior commitment to a reserve asset based on only Bitcoin. While these rumors have weighed on the BTC maximalists, it has fueled speculations over a potential XRP Reserve in the US. While there is no confirmation, Donald Trump’s collaboration with Ripple has led many to believe that the US administration might consider Ripple’s native asset for the Reserve asset. In addition, rumors over CEO Brad Garlinghouse’s appointment to Trump’s crypto advisory board have further sparked market discussions. Notably, a renowned lawyer in the XRP community has also said that the crypto must hit $5 to qualify for the US Reserve asset, which has further bolstered market sentiment. Ripple Vs SEC Lawsuit Conclusion: What To Expect? The latest XRP price surge could be also due to the soaring discussions over the Ripple Vs SEC case. According to recent market developments, the US SEC might drop or dismiss the long-running legal battle soon. Notably, legal expert Jeremy Hogan recently said that the Ripple lawsuit might conclude even before the XRP ETF approval, which has further sparked market interest. Simultaneously, the US SEC’s recent stance on the crypto cases has bolstered market confidence. Recently, the US SEC has asked for a 28-day extension period in the Coinbase lawsuit. In a recent filing, the SEC requested this extension while mentioning that the newly formed crypto task force might help in resolving the legal battle. This also led many to speculate a dismissal or settlement in the ongoing XRP lawsuit soon. Besides, top lawyers also hinted that the US SEC might be delaying the cases before it is waiting for the new US SEC chair, likely Paul Atkins, to join. According to the experts, the US SEC might start dropping the crypto cases once Atkins takes the Chair within the first half of the year. Advertisement Advertisement What’s Next For XRP Price? The recent surge in XRP price has left many questioning about the future of the coin. Notably, in a recent analysis, a top market expert Dark Defender shared a bullish forecast for Ripple’s native asset, predicting a surge to $5.85. As XRP nears the $2.80 level, Defender expects it to break the $2.90 barrier and proceed to the critical Fibonacci level of $5.85. The Relative Strength Index (RSI) has formed a Golden Cross, indicating a bullish trend. The expert has set short-term targets at $2.90, $5.85, and $8.03, with support levels at $2.44 and $2.33. Simultaneously, in a recent analysis, another expert EGRAG CRYPTO said that if the crypto records a strong close above $2.75, the next target will be at $2.94. Once these levels are breached, the asset will proceed towards the $3.22 and $3.40 mark. Echoing a similar sentiment, renowned analyst Ali Martinez said that if XRP price holds above the $2.3 mark, it could eventually hit the $3 mark. Considering these analyses and predictions, it appears that the crypto is likely to hit the $3 mark soon with its long-term target at $8. Advertisement Top Crypto Presale Projects For 2025 To Invest; Updated List Best Crypto AI Trading Bots For 2025 Top Meme Coins to Buy Now in 2025 [UPDATED] Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. CoinGape
Crypto Market Today (Feb 15): BTC Near $98K, XRP Up 10%, Meme Coins Pump Hard
Highlights XRP price has continued to stay on the investors’ radar since yesterday, as evidenced by the recent surge in its price. During writing, Ripple’s native asset was up about 8% after consolidating between the $2.3 and $2.5 range over the past few weeks. However, the recent surge has left many speculating over the reasons that might have contributed to the recent gains in it. So, let’s explore some of the key catalysts that may have bolstered the market catalysts. Advertisement Advertisement Why Is XRP Price Rising? XRP price delivered 8% gains from yesterday and soared to $2.78, with its trading volume rocketing 63% to $8.79 billion. Notably, the crypto has touched a high of $2.83 from a low of $2.58 in just over the last 24 hours, indicating strong market confidence. Notably, CoinGlass data showed that XRP Futures Open Interest rose 10%, signaling a strong momentum ahead for the crypto. Besides, the Relative Strength Index of 55 also indicates a buying pressure in the market. Meanwhile, the recent surge in XRP price could be attributed to a flurry of reasons including the broader market sentiment, regulatory shift, and others. Let’s take a tour of the key reasons that might have helped gains in crypto and see how it may perform in the near future. XRP ETF Gains Momentum: SEC Approval Soon? Donald Trump’s election win has fueled market sentiment while raising hopes for a pro-crypto regulatory environment in the nation. This is also evident from the recent moves of the US SEC, especially with the formation of the crypto task force. Amid this, speculations are soaring over a potential XRP ETF approval in the US soon. For context, the US SEC has recently acknowledged XRP ETF filings from 21Shares, sparking market discussions. Besides, it also follows a similar move, the SEC acknowledging Grayscale’s Dogecoin and XRP ETF filings earlier this week. This reflects a regulatory shift in the US, especially from what it was under Gary Gensler. Besides, it also fueled market sentiment, with many seeing these advancements as a key step for a likely XRP ETF approval in the US. Meanwhile, if approved, it could significantly boost the crypto’s appeal to investors, while fueling its adoption. Having said that, it appears that these recent developments have acted as major catalysts for boosting the XRP price today. US Reserve Speculation Fuels Market Sentiment The US appears to be considering a Crypto Strategic Reserve instead of its prior commitment to a reserve asset based on only Bitcoin. While these rumors have weighed on the BTC maximalists, it has fueled speculations over a potential XRP Reserve in the US. While there is no confirmation, Donald Trump’s collaboration with Ripple has led many to believe that the US administration might consider Ripple’s native asset for the Reserve asset. In addition, rumors over CEO Brad Garlinghouse’s appointment to Trump’s crypto advisory board have further sparked market discussions. Notably, a renowned lawyer in the XRP community has also said that the crypto must hit $5 to qualify for the US Reserve asset, which has further bolstered market sentiment. Ripple Vs SEC Lawsuit Conclusion: What To Expect? The latest XRP price surge could be also due to the soaring discussions over the Ripple Vs SEC case. According to recent market developments, the US SEC might drop or dismiss the long-running legal battle soon. Notably, legal expert Jeremy Hogan recently said that the Ripple lawsuit might conclude even before the XRP ETF approval, which has further sparked market interest. Simultaneously, the US SEC’s recent stance on the crypto cases has bolstered market confidence. Recently, the US SEC has asked for a 28-day extension period in the Coinbase lawsuit. In a recent filing, the SEC requested this extension while mentioning that the newly formed crypto task force might help in resolving the legal battle. This also led many to speculate a dismissal or settlement in the ongoing XRP lawsuit soon. Besides, top lawyers also hinted that the US SEC might be delaying the cases before it is waiting for the new US SEC chair, likely Paul Atkins, to join. According to the experts, the US SEC might start dropping the crypto cases once Atkins takes the Chair within the first half of the year. Advertisement Advertisement What’s Next For XRP Price? The recent surge in XRP price has left many questioning about the future of the coin. Notably, in a recent analysis, a top market expert Dark Defender shared a bullish forecast for Ripple’s native asset, predicting a surge to $5.85. As XRP nears the $2.80 level, Defender expects it to break the $2.90 barrier and proceed to the critical Fibonacci level of $5.85. The Relative Strength Index (RSI) has formed a Golden Cross, indicating a bullish trend. The expert has set short-term targets at $2.90, $5.85, and $8.03, with support levels at $2.44 and $2.33. Simultaneously, in a recent analysis, another expert EGRAG CRYPTO said that if the crypto records a strong close above $2.75, the next target will be at $2.94. Once these levels are breached, the asset will proceed towards the $3.22 and $3.40 mark. Echoing a similar sentiment, renowned analyst Ali Martinez said that if XRP price holds above the $2.3 mark, it could eventually hit the $3 mark. Considering these analyses and predictions, it appears that the crypto is likely to hit the $3 mark soon with its long-term target at $8. Advertisement Top Crypto Presale Projects For 2025 To Invest; Updated List Best Crypto AI Trading Bots For 2025 Top Meme Coins to Buy Now in 2025 [UPDATED] Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. CoinGape
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