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Breaking News: Ripple, Circle, Paxos Secure Path To National Banking Charters In The US

1B XRP Unlocked: Ripple (XRP) has more chances to grow than it seems, but less than a new coin

Bitcoinist
by Bitcoinist
Last Updated: October 3, 2023 3:43 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a recent development, Ripple (XRP), a prominent player in the cryptocurrency arena, has confirmed the release of 1 billion Ripple (XRP) tokens. While this announcement has rippled through the crypto community, it’s essential to contextualize its implications. By unlocking these tokens, Ripple (XRP) isn’t merely pouring them into the open market indiscriminately. Instead, they serve defined objectives which, in turn, strengthen the company and the ecosystem it thrives in.

In the midst of discussions about the far-reaching implications of this move, many crypto experts believe that it’s ScapesMania, not Ripple (XRP) that is set to make the biggest impact with its moves. The project offers the biggest growth potential with a possible ROI of over 500%.

Purpose Behind The Unlock and Market Confidence for Ripple (XRP)

Several reasons underlie Ripple (XRP) decision to unlock XRP: emphasizing operational transparency, channeling these tokens into areas like business operations, strategic partnerships, and projects to enhance the Ripple (XRP) ecosystem, and mitigating abrupt inflows of XRP into the market. Such strategic reinvestments can also instill confidence in Ripple (XRP) as a project and XRP as a cryptocurrency, indicating Ripple (XRP) bullish stance on its future.

A Short-Term Perspective for Ripple (XRP)

Given the data at hand, the 10-Day Moving Average (MA) for Ripple (XRP) stands at $0.51086, while the 100-Day MA is at $0.56792. The 10-Day MA, offering a more immediate view of price trends, is currently below the 100-Day MA. This discrepancy hints at a recent downtrend for Ripple (XRP). However, the current price range ($0.46680-$0.55610) suggests potential market consolidation around this level.

Ripple (XRP) Price Market Predictions

Looking at the broader price metrics, Ripple (XRP) price finds itself between significant levels of support and resistance. The critical supports at $0.32937 and $0.41867 act as potential safety nets, while resistance levels at $0.59727 and $0.68657 indicate points of previous selling pressure. As Ripple (XRP) current price range is near the 10-Day MA, market watchers are keen to see if it can maintain this momentum, challenge the 100-Day MA, and approach the upper resistance levels.

Ripple (XRP) decision to unlock 1 billion XRP tokens is undoubtedly a calculated move, grounded in a vision of consolidation and growth. With the short-term market responses potentially being unpredictable, the combination of Ripple (XRP) strategic objectives and the current technical indicators suggests a medium-term outlook for Ripple (XRP) that is rife with opportunities and challenges. Observers, traders, and investors alike will be keenly monitoring Ripple (XRP) next moves and the market’s response.

However, there’s player at crypto market such as ScapesMania, whose future is more predictable and more focused on gains than Ripple (XRP). It’s better to pay extra attention to ScapesMania if you are tired of Ripple (XRP) price rollercoasters.

ScapesMania vs. Ripple (XRP):

 

ScapesMania has arrived, offering crypto enthusiasts the chance of a lifetime. In this one-of-a-kind gaming ecosystem, Web3-savvy audiences join forces with the vibrant Web2 community, paving the way to unprecedented growth. Everyone gets exactly what they want: casual players enjoy their favorite pastime while Web3 enthusiasts can profit from this massive audience.

Empowering Holders

With its brand-new paradigm, ScapesMania empowers the Web3 community to influence the project’s trajectory via DAO governance. Holders have a say about where the ecosystem is heading within a profitable Web2 industry.

Buybacks, burns, staking, and other incentives for backers contribute to a flourishing ecosystem that can generate profit almost automatically. There’s even a plethora of generous bonuses!

 

🔥 ScapesMania Bonus Program 🔥

Hey, guys, have you heard about our generous bonus program?

🔹Get up to a 25% bonus when purchasing a certain amount of tokens.

OR

🔹Up to 42% bonus when participating in our vesting program.

Don’t wait and join our presale today!

🔗… pic.twitter.com/5943uRhZNf

— ScapesMania (@ScapesMania) July 11, 2023

Verified Excellence

Comprehensive audits ensure ScapesMania’s impeccable reputation while recognition on premier monitoring platforms adds further assurance of the project’s success

Potential for Expansion

ScapesMania is part of the massive $286.5 billion gaming industry, and its growth potential is fueled by this booming market.

A variety of profit avenues fortify ScapesMania’s resilience and sustainability. Unlike single-focus projects, this ecosystem caters to a broader audience and is more resistant to market turbulence thanks to diverse income streams.

Future holders will be able to buy and sell tokens on top crypto exchange platforms upon listing.

Embrace a Brighter Future Today

The token’s value is expected to skyrocket upon listing. Early participation in the presale offers early adopters a chance to potentially reap returns of up to 500%.

ScapesMania’s presale period is flying off the shelves, and the countdown is on! Act now and secure your discounted tokens for just $0.002424 per coin before the price surges upon listing. As an early adopter, you can potentially reap an incredible return of up to 500%! A 80% discount is valid for a limited time, so you have to act fast.

Conclusion

In conclusion, while Ripple continues to make strategic moves to maintain its position in the market, ScapesMania is paving its way, promising a bright future for its holders. As the crypto world evolves, it’s essential for investors to diversify and explore new opportunities, and ScapesMania seems to be one such promising venture.

With a predictable potential ROI of +412%, this project is sure to make people happy by turning every $0.002424 into $0.01. Grab the additional bonus of 150%, enroll in the $100k giveaway, and take advantage of the 80% early-bird discount.

Follow the project’s updates on Telegram if you are curious to find out more.

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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