XRP Price Rallies Post-Legal Battle – UNIL Tipped to Flip SHIB
The post XRP Price Rallies Post-Legal Battle – UNIL Tipped to Flip SHIB appeared on BitcoinEthereumNews.com.
After a five-year-long lawsuit, the U.S. SEC and Ripple Labs have dismissed all appeals and officially ended their legal battle. While this is bullish for the XRP price, its large market cap nonetheless makes it less appealing to retail investors seeking significant gains. Unilabs Finance (UNIL), a new AI token set for a 415% gain at listing and considered among the best cryptos to invest in, has become a new favorite over the SHIB coin. Is the XRP Price Set to Skyrocket After the End of the Lawsuit? Following news of the joint dismissal of all appeals by the SEC and Ripple Labs, the XRP price increased by 10% on the daily chart. The payment-based altcoin hovers above $3.30 at the time of writing, with a 130% jump in daily trading volume to $10.40 billion. But how high can the XRP price go this cycle? While it could surpass the 2018 ATH of $3.84, it can only go so high. Gems Scope, a self-acclaimed DeFi maxi, sees the top altcoin reaching $11 in this bull cycle. At the current token price, holders might see a 3x increase in their portfolio, which pales in comparison to new altcoins like UNIL. Moreover, with a large market cap exceeding $200 billion (the third-largest crypto by size), its upside potential is limited. While the XRP price might witness a modest rally this year, the payment-based altcoin isn’t the best crypto to invest in. 40% Decline in the SHIB Coin Price YTD Year-to-date, the SHIB coin price has declined by 40%, presenting a bearish outlook. Over the past three months, the leading ETH memecoin has dipped by 15%, further reducing investor confidence. However, a 100% increase in the daily trading volume to $300 million and a 5% upswing have been welcome developments. Trading above $0.000013,…
Filed under: News - @ August 9, 2025 2:30 pm