Key takeaways
- XRP rallied by over 80% in a week to hit $1 amid a favorable regulatory shift.
- Vantard’s presale now stands at $838k as more investors troop into the project.
XRP rallies to $1
XRP, Ripple’s native coin, has rallied more than 80% over the last seven days. The rally allowed it to hit the $1 psychological mark and has surpassed Dogecoin to become the 6th-largest cryptocurrency by market cap.
At press time, XRP’s price is $1.07, but it could rally higher soon. The rally comes as the United States SEC faces fresh legal troubles, and investors consider this a favorable situation for Ripple and its native XRP token.
On Thursday, a group of state attorneys general and the DeFi Education Fund sued the regulatory agency, alleging unconstitutional overreach. The group accused the SEC of overstepping the boundaries in bringing enforcement actions against digital asset exchanges.
Furthermore, investors are confident of an XRP-focused exchange-traded fund (ETF) soon.
What is Vantard (VTARD)?
Bitcoin, XRP, Dogecoin, Solana, and Ether have recorded excellent gains in recent weeks. With more funds coming into the crypto space, more investors are focusing on new projects. Vantard is one of the projects attracting investor interest. It is the world’s first Solana meme coin index and would help investors leverage the growing $45 billion memecoin market.
The team explained that the native $VTARD token holders can redeem tokens against the Treasury for their proportional percentage of the underlying assets. Vantard will hold a portfolio of top Solana-based meme coins.
Vantard’s primary feature will allow investors to expand their crypto investment portfolio. This is particularly important thanks to the growing importance of meme coins to the cryptocurrency ecosystem (Litecoin announced recently that it now identifies as a meme coin).
With Vantard, investors can be confident of enjoying the ‘Memecoin Supercycle’ as it delivers exciting new projects to their portfolios. Furthermore, the Vantard index will bridge a significant gap in the market as meme coins have outperformed every other crypto sector in recent years.
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Vantard’s presale tops $835k
The Vantard presale has been gaining ground in recent weeks, with over $835k raised so far. The seed round comes shortly after the project…