Can XRP Shake the Crypto Market Again? Elon Musk Has Spoken, and Wild Rumors Say the US May Buy Ripple at $10,000

Elon Musk made a short comment that caught attention. He said XRP "could become a huge economical part of the global system" and the price "could rise really high."

Elon Musk has been making a big impact on the crypto market, and his latest comments on XRP have had people talking.

After one brief comment about how "XRP could become a huge economical part of the global system and the price could rise really high from here," which sparked a rapid reaction as Musk's words usually do, quickly followed by a surge in searches for "xrp news today."

It seems that the xrp price today (12 July) has started to climb again as traders react to Musk's words.

His words usually bring a new wave of attention to whatever he is talking about, and now that attention is on XRP, which is also being watched more closely following rumors that the US may buy the cryptocurrency through Treasury Bills at $10,000.

This move is thought by some to be an attempt to give cryptocurrencies a bigger role in the financial system.

However, there has been no official confirmation of this from the US government or Ripple (CRYPTO: XRP). Nonetheless, the market is now keenly focused on any xrp price usd updates as the xrp stock price could soar to new highs if this rumor turns out to be true.

But if we're thinking about new coins, here's one to consider.

Minotaurus (MTAUR) Is Focused On Gaming

The Minotaurus (MTAUR) token, currently trading at 0.00010941 USDT, is a promising addition to the cryptocurrency market, particularly for those interested in the metaverse and gaming sectors.

The token is being launched via a structured token generation event (TGE), presenting an opportunity for early-stage investors to join a project with a defined roadmap and use cases.

Despite the bear market, Minotaurus has secured significant milestones. This includes two successful cryptocurrency audits by SolidProof and Coinsult, two services that are highly regarded in the industry for their role in safeguarding investors from potential scams.

These audits focused on the smart contract code of the MTAUR token, ensuring its functionality and preventing any possibility of rug pulls or other fraudulent activities.

In addition to the audits, Minotaurus has a detailed vesting and cliff structure for its token release, which is another crucial aspect covered by SolidProof. This plan ensures the sustainable release of the MTAUR tokens and prevents large-scale selling pressure that could affect the token price negatively.

Furthermore, throughout its token generation event, Minotaurus is engaging with its community through a referral system designed to reward participants for inviting others to join the project.

To further engage with its community, Minotaurus is also hosting a 100,000 USDT giveaway, where 50,000 USDT worth of MTAUR tokens will be allocated to one lucky participant.

This initiative aims to generate excitement and interest in the project.

The Bottom Line

This week has seen a flurry of xrp news as traders react to Elon Musk’s words about the xrp price today (12 July).

But as interest in crypto continues to grow, perhaps we’ll be seeing more of this attention on new coins like Minotaurus (MTAUR).