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The crypto market, besides being characterized by volatility, isn’t often short of excitement, with two major developments unfolding. On the one hand, while indicators point towards an appeal against Ripple’s (XRP) partial victory by the SEC, renowned lawyer, John Deaton, has predicted Ripple’s ultimate victory. According to him, judges will be hard-pressed to contradict the historic ruling. On the other hand, DigiToads continues to set the crypto community abuzz with its presale, with investors getting frantic about accumulation as the presale nears its end. In this article, we will explore the significance of Deaton’s prediction and its potential impact on XRP and the crypto market, as well as the piqued enthusiasm around DigiToads’ presale.
DigiToads (TOADS): The frenzy around presales explained
DigiToads’ presale has been garnering popularity and captivating the attention of investors due to its significant growth potential and unique fundamentals. With its presale close to its end, excitement is piqued, with investors scrambling to get in early before its explosive growth. The presale will end on August 15, and the token launch is scheduled for August 21, with industry experts predicting a 1,000% increase immediately after the launch. With a limited window of opportunity available, enthusiasm is high as investors scramble for the presale token.
DigiToads has piqued the interest of investors due to its one-of-a-kind concept of a meme coin that combines P2E and NFT features. Its play-to-earn game will allow players to earn residual income while they gather, nurture, and battle DigiToads. On the other hand, the ecosystem will house 3,500 limited, unique, and rare digital collectibles that can be minted on the platform. The utility token’s use cases will span NFT and P2E, making it fundamentally strong.
Furthermore, DigiToads’ deflationary nature has captivated investors’ imaginations, as its price will likely increase as the supply decreases over time. There will be a token burn tax on all transactions on the ecosystem, which will deplete the token supply and potentially drive up the price. The tokenomics already features a low token supply of 585 million, which will further contribute to its price gain.
The presale is nearing its end, and the current price is $0.05. This is likely the lowest price investors will be able to get in at. As such, check out the project through the link below and connect your wallet to purchase the token. Moreover, major cryptocurrencies are accepted as payment, which makes it simple to purchase.
Ripple (XRP) predicted to win SEC’s appeal against the court ruling
Judge Analisa Torres sent shockwaves through the crypto landscape after she ruled that XRP is not a security, contrary to what the SEC believed. However, it is expected that the US Securities and Exchange Commission (SEC) will most likely appeal the outcome of its lawsuit against Ripple (XRP).
However, according to John Deaton, the attorney who represented XRP holders in the lawsuit, an appeal won’t be a setback for crypto. According to him, XRP has a chance of winning an appeal if it emerges, as a fellow judge will be hard-pressed to disagree with Judge Torres. In addition, if it is appealed, a decision won’t be reached until two years from now—which will still be in favor of XRP—with the current ruling being the law until then. XRP has remained largely unbothered by this situation as it continues to gather bullish momentum.
Final Thoughts
The crypto market is gearing up for another historic moment as the SEC considers appealing the court ruling. John Deaton, the XRP lawyer, believes that an outright victory is a more likely outcome from the appeal and that the crypto scene won’t suffer a setback. On the other hand, enthusiasm around DigiToads and its presale continues to soar, with investors scrambling for a piece of the token before launch.
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