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Cryptocurrency News Articles

Dogecoin (DOGE) and Ripple (XRP) Experience Market Shifts Following US Policy Changes

Oct 21, 2024 at 07:00 am

The Dogecoin price climbed earlier as Dogecoin (DOGE) and Ripple (XRP) experienced shifts in market direction amid the shifting regulatory changes in the US.

Dogecoin (DOGE) and Ripple (XRP) Experience Market Shifts Following US Policy Changes

Dogecoin (DOGE) and Ripple (XRP) prices experienced shifts in market direction on Monday evening following recent changes in US policy.

Dogecoin (DOGE) And Ripple (XRP) Experience Market Shifts Following US Policy Changes

Meme coin Dogecoin (DOGE) shifted gears and began an upward drive on Monday following recent changes in US policy, traveling 2.5% to reach $0.1159. The Dogecoin price point also marks a 7.5% increase from the past week and 10.3% from last month.

However, the Dogecoin price is still down 1.9% from a minor peak on September 28, when a sucker rally pushed the meme coin to reach $0.1308. Nevertheless, leading analysts believe the Dogecoin price will quickly surpass that level soon.

Among the most popular Dogecoin price predictions is the belief that the meme coin will keep a minimum of $0.1700, but will close the year at $0.368. Aside from the Dogecoin price, Ripple (XRP) is also enjoying renewed inflows following the recent policy changes.

Ripple (XRP) is at $0.5447, a 0.8% increase over yesterday and 2.9% over last week. The Harris campaign’s vow to support a favorable regulatory framework for cryptocurrencies and Trump’s rise in prediction markets and some polls pushed Dogecoin (DOGE) and Ripple (XRP) forward with positive market sentiment over the weekend.

These comments have also increased optimism that the US Senate would vote favorably on the FIT21 bill, further loosening Gensler’s noose around Ripple (XRP) and the broader industry’s neck.

ETFSwap (ETFS) To Rally 10,500% In 3 Weeks Amid Changing US Regulatory Landscape

With the current affairs of crypto legislation in the US, the crypto community has enjoyed some breathing space from the onslaught of attacks pioneered by SEC Chair Gary Gensler. As a result, innovative crypto platforms and DeFi tokens are gearing up to thrive in the new atmosphere.

ETFSwap (ETFS) is one such revolutionary project that is set to explode in popularity and adoption. Several leading analysts have already forecast a 10,500% rally for its native DeFi token in three weeks. The crypto community agrees with significant investment inflows entering the ongoing ETFSwap (ETFS) DeFi token presale within the last few weeks.

The presale, which is in its final stage, has sold several hundred million units of the token and raised nearly $6 million during the first two presale stages. The ETFSwap (ETFS) DeFi token is closely tied to its central role in its decentralized platform’s payment and governance structure.

The DeFi token represents an efficient and cost-effective means of finance on the ETFSwap (ETFS) platform, allowing users to trade and invest in ETFs at a lower premium than on centralized exchanges while enjoying huge discounts on trading fees.

The ETFSwap (ETFS) DeFi token also exposes users to monthly airdrops from a dedicated rewards pool reserved for community rewards and incentives. The ETFSwap (ETFS) platform itself is a DeFi marketplace for tokenizing and trading exchange-traded funds (ETFs).

The platform provides a playing ground for DeFi investors and institutional investors to trade highly liquid institutionally provided ETFs while enjoying such DeFi perks as transparency, robust security, increased flexibility with 24/7 market access, etc.

ETFSwap’s (ETFS) fully DeFi mode also allows crypto-asset owners to swap and trade their crypto tokens, be it Dogecoin (DOGE) or Ripple (XRP), in a peer-to-peer environment without the interference of centralized exchanges or authorities. This gives users full control over their digital assets and how they trade them.

Conclusion

For smart investors interested in enjoying ETFSwap’s (ETFS) predicted 10,500% rally, the best route is to buy the DeFi token on presale at its discounted price of $0.03846. The ongoing 50% bonus discount also allows them to buy more tokens cheaply and position them for maximum gains.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

News source:alexablockchain.com

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