• XRP rallied by more than 70% following a favorable ruling in Ripple’s legal case against the SEC.
• Shiba Memu’s presale nears $800k as more investors enter the market.
• BTC, ETH, Solana and Polygon also recorded excellent gains over the last 24 hours.

XRP Rallies on Court Ruling

The cryptocurrency market has been extremely bullish over the past 24 hours, with many coins and tokens seeing huge price increases. XRP was one of the biggest gainers, rallying by more than 70% after a favourable ruling in Ripple’s legal case against the US Securities and Exchange Commission (SEC). The U.S. District Court of the Southern District of New York ruled that the sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts, although institutional sales were found to be in violation of federal securities laws.

Shiba Memu Presale Nears $800K

Shiba Memu’s presale is also performing excellently and is now set to reach the $800k level as more investors enter the market. Shiba Memu is a cryptocurrency token that combines AI and blockchain technology to create an unstoppable, entirely self-sufficient marketing powerhouse that can do the work of 100 marketing agencies at once. The platform actively seeks out creative advertising opportunities and improves them with its AI capabilities.

Other Cryptocurrencies Perform Well

It wasn’t just XRP that saw huge gains this week – Stellar Lumens (XLM) rose by more than 50%, while Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Polygon (MATIC) also recorded excellent gains over the last 24 hours.

What Is Shiba Memu?

Shiba Memu is a cryptocurrency token that combines AI and blockchain technology to create an unstoppable, entirely self-sufficient marketing powerhouse that can do the work of 100 marketing agencies at once. The platform actively seeks out creative advertising opportunities and improves them with its AI capabilities for better results over time. It is still in its presale stage but has already attracted a lot of attention from investors who are pushing it closer to reaching its goal of $800k in presales revenue.

Conclusion

The crypto markets have been very bullish recently due to positive news about Ripple’s legal battle against the SEC as well as other projects performing well such as Shiba Memu’s presale which has nearly reached $800k so far thanks to investor interest in their project. Other cryptocurrencies such as BTC, ETH, SOLANA and MATIC have also seen impressive gains over recent days further reinforcing investor confidence in digital assets overall