Ripple (XRP) vs SEC: SEC Appeals XRP Security Status Verdict

The U.S. Securities and Exchange Commission (SEC) has officially appealed a recent court decision involving Ripple (XRP). This move reignites

Ripple (XRP) price is significantly affected by its ongoing lawsuit with the SEC. XRP price has fallen q from its all-time high and is still trading below the $1 mark. This disappointing performance is leading investors to better growth opportunities in emerging coins.

Launched last year, SUI was among the top 20 names in the crypto market. It has recently broken out from its all-time high and is showing great strength in the market. Meanwhile, DTX Exchange (DTX) has become the top emerging ICO coin of 2024 after exhausting its presale in record time. According to the current market scenario, DTX Exchange offers the best opportunity with limited downside and great fundamentals.

Ripple (XRP) Price Affected by SEC Objection to XRP Securities Status Ruling

The US Securities and Exchange Commission (SEC) has officially objected to a recent court decision regarding Ripple (XRP). This move brings to the agenda whether XRP sales on stock exchanges will be re-considered as securities. The SEC filed its appeal with the U.S. Court of Appeals for the Second Circuit, challenging key portions of Judge Analisa Torres' decision. In July 2023, the court ruled that XRP sales on digital platforms are not securities.

Judge Torres ruled that XRP sales to retail investors are not securities transactions under US law. However, Ripple (XRP) imposed a $125 million penalty for unregistered securities offerings, stating that institutional sales of XRP violated securities regulations. The SEC's appeal, filed on October 17, 2024, does not challenge the decision on retail sales, and this decision remains unchanged.

SUI Responds to Reporter Trading Allegations

The Sui Foundation has strongly denied insider trading rumors that arose following the sale of $400 million worth of SUI tokens during the recent price increase. The foundation emphasized in an Oct. 14 X post that no early sales or breaches of lock-up agreements had occurred. They noted that the sales may have been made by an infrastructure partner who followed lockout schedules followed by authorized guards.

When insiders hold a large portion of a cryptocurrency's supply, their sales can have a significant impact on the token's price. Large sales often push prices downward, which can worry new investors. The price of SUI increased by more than 0% in the past month but fell 2.5% on the day of the announcement.

DTX Exchange (DTX) Price Expected to Increase by 3,670% in the Next Round

DTX has already increased by 00 in the fourth phase of pre-sale from the initial price of $0.02 to its current price of $0.08. The price expectation for the next round is $0.1, and the team announced the listing price as $0.2. There is 0 upside potential from current price to listing, making DTX safe even in a bear market.

However, the projection after listing on Tier-1 exchanges is tremendous. According to expert analysts, DTX Exchange could rise up to 3,670% and push the token price to $3.02. According to this projection, $400 invested at the current level could be worth up to $15,080.

This projection by analysts came after the successful launch of the testnet, which recorded a speed of 10,000 TPS. Additionally, the revenue sharing model allows investors to

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