XRP has shown significant growth in its market capitalization, drawing attention amidst the increasing activity of other cryptocurrencies.
Rising Value of XRP in the Market
XRP has surged by 12.23% in the last 24 hours, reaching a market capitalization of $198.1 billion and surpassing global giant Uber's $193.78 billion valuation.
The rally was triggered by a joint motion from the SEC and Ripple to dismiss their appeals, sending XRP's price from $2.99 to $3.38 before settling near $3.34. However, transaction data suggests caution may be warranted as whales have offloaded about 640 million XRP (worth $1.91 billion) since July 9, a pattern that has previously preceded sharp price corrections.
PEPE Gains Momentum
Ethereum-based memecoin PEPE is gaining traction after crypto influencer Jake Gagain predicted it could overtake Shiba Inu in market value this cycle.
PEPE has seen a 4.80% price rise in the last week and recorded $715 million in 24-hour trading volume, indicating strong market interest. While SHIB still has a $7.57 billion market cap compared to PEPE's projected target of $2.8 billion, Gagain points to PEPE's growing volume and bullish sentiment as potential drivers of gains.
Security of MAGACOIN FINANCE
MAGACOIN FINANCE, a rising community-owned crypto project, continues to strengthen investor confidence through rigorous security measures.
The project has completed a HashEx audit and is undergoing a CertiK review, widely considered the gold standard in blockchain security. With a 100/100 Trust Score on Scam-Detector and built-in anti-phishing protocols, MAGACOIN FINANCE has positioned itself as a security-first contender in the meme coin space.
As XRP pushes into new territory, PEPE challenges SHIB's dominance, and MAGACOIN FINANCE earns credibility through top-tier security audits, Q4 could see heightened competition in both traditional and meme coin markets.
