Ripple (XRP) To Launch New Multipurpose Tokens in Q3

Just days after its reported settlement with the SEC, Ripple has announced plans to launch multipurpose tokens in the third quarter of this year.

Highlighting the latest cryptocurrency news, Good Morning Crypto recently tweeted that Ripple is preparing to launch a new token standard on the XRP ledger. Jasmine Cooper, who serves as Ripple's Head of DeFi Product, discussed the new token type, known as multipurpose tokens (MPTs).

According to Cooper, MPTs are specifically designed to facilitate the integration of RWAs, enabling them to store metadata. This integration will also streamline the use of the XRPL network by various organizations.

Meanwhile, Ripple XRP is trading within a range of $0.4 to $0.65 on the monthly chart. The market value of XRP oscillates between $22.5 billion and $37.5 billion. At present, the Ripple coin price is trading above the 200-day simple moving average ($0.5463), indicating the presence of bulls in the market. However, Ripple crypto faces resistance at the 50-day SMA ($0-578321).

Shiba Inu (SHIB) Price Remains Unmoved Despite New Developments

Recently, Lucie, the enthusiastic marketing specialist for Shiba Inu, tweeted a weekly report covering the latest developments within the Shiba Inu ecosystem. The report highlighted nine major updates in the community, with the unveiling of the Shiba Inu Development portal (ShibDev) taking center stage.

Among the other updates are the launch of the DAO, a listing on Kraken Pro, and a rebranding of the Shib Eternity Game. However, despite these updates, the price of Shiba Inu coin remains largely unaffected. The cryptocurrency continues to battle bearish pressure.

CoinMarketCap data reveals that the Shiba Inu price is trading below the 200-day SMA ($0.00001976). Its market value fluctuates between $6.5 billion and $9.5 billion on the monthly timeframe.

Intel Markets Set To Transform A Billion-Dollar Market

As a growing crypto trading platform, IntelMarkets (INTL) is poised to soar in the coming days. It aims to lead the perpetual futures trading industry, which sees a daily trading volume of more than $100 billion, according to Arvix. Among the key advantages offered by Intel Markets are an AI trading bot, 1000x leverage, copy trading, and advanced trading tools.

The AI bot assists investors in analyzing chart patterns to estimate the potential ideal price, which they can then use to set up automated trades. Furthermore, the 1000x leverage enables investors to generate substantial earnings even with minimal invested capital.

With copy trading, beginner traders can follow the trades of proven, successful traders to earn profits. In related news, Intel Markets has commenced a presale for its native token, INTL. According to analysts, the token price is expected to increase by 100% by next week. Its presale has also been performing remarkably, having raised over $220k in just a week.

Can Intel Markets Give Ripple and Shiba Inu Holders 100% ROI?

Despite being a new crypto project, analysts are optimistic about the future of Intel Markets. They believe that Intel Markets is well-positioned to capitalize on any positive sentiment in the market. With the features mentioned above, the adoption of INTL could skyrocket in the future.

Discover More About Intel Markets:

Presale: https://intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

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